OPN Holdings Co., Ltd. Public-private joint fundraising to acquire Opn and MerchantE

OPN Co., Ltd.
Opn to Acquire MerchantE with Public-Private Financing

OPN Holdings Co., Ltd. (Headquarters: Chuo-ku, Tokyo; CEO: Jun Hasegawa; hereinafter Opn) has completed financing for the acquisition of all shares of Merchant eSolutions, Inc. (Headquarters: Georgia, USA; hereinafter MerchantE). I will let you know what I did. The funding will be provided by the Japan Bank for International Cooperation (headquarters: Chiyoda-ku, Tokyo; President: Nobumitsu Hayashi); Japan Overseas Telecommunications, Broadcasting and Postal Service Agency (Headquarters: Chiyoda-ku, Tokyo; President: Oshima Zhou) and MUFG Bank, Ltd. (headquarters: Chiyoda-ku, Tokyo; President and CEO: Junichi Hanzawa) provided public-private joint financial support*.
Acquisition of MerchantE, a provider of comprehensive payment solutions in the United States, will allow Opn to expand its business in the important and fast-growing North American market, while also innovating in Southeast Asia and Japan, leveraging MerchantE’s know-how and technology We will continue to provide excellent service. Opn will continue to strengthen its commitment to its mission of “providing a seamless and borderless payment experience for all people and businesses”, and “Access to the digital economy for everyone”. ”, we will accelerate our global expansion and promote the construction of a global digital finance platform.
*Japan Bank for International Cooperation press release:
https://www.jbic.go.jp/ja/information/press/press-2022/1115-017007.html Overseas Telecommunications, Broadcasting and Postal Service Organization Press release:
https://www.jictfund.co.jp/wp/wp-content/uploads/2022/12/20221223_Press.pdf MUFG Bank, Ltd. press release:
https://www.bk.mufg.jp/info/pdf/public_private_support.pdf
About Opn
Founded in 2013, Opn has offices in Japan, Southeast Asia, and the United States. We specialize in one-stop online payment solutions and digital transformation solutions, serving thousands of merchants worldwide. We are the payments leader in the Asia-Pacific region and are among the top 25 payment providers in the US. With a vision of “Access to the Digital Economy for Everyone”, Opn provides fair and open access to the growing economic ecosystem and innovative ways We will connect people, companies, and society. Opn’s major shareholders include Toyota Financial Services Co., Ltd., which oversees Toyota Motor Corporation’s financial business, SCB 10X, a venture capital subsidiary of Siam Commercial Bank, and Krungsri Finnovate, a subsidiary of Mitsubishi UFJ Financial Group. increase.
For details, please refer to the website (URL: https://www.opn.ooo). Details about this release:
https://prtimes.jp/main/html/rd/p/000000012.000084007.html

MAIL:cr@prtimes.co.jp

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