Japan’s SmartBank raises $20M Series A for its prepaid card and finance app
SmartBank said today it has raised a $20 million (2 billion JPY) Series A funding round led by Globis Capital Partners with participation from Z Venture Capital, Mitsui Sumitomo Insurance Venture Capital and DBJ Capital. Existing investors, including Global Brain, and ANRI, also participated in the round.
SmartBank wants to enable anyone to manage finance, “from everyday spending to planning for the future” by offering its digital finance management service B/43, which is a Visa prepaid card and personal finance management app.