sweep Co., Ltd. joins the group as a wholly owned subsidiary

freee
sweep Co., Ltd. joins the group as a wholly owned subsidiary Expansion of services compatible with the invoice system

freee Inc. (head office: Shinagawa-ku, Tokyo; CEO: Daisuke Sasaki; hereinafter “freee”) announced today that at its board of directors meeting, the issued shares of sweep Inc. (hereinafter “sweep”) We would like to inform you that we have decided to acquire additional shares and make sweep a wholly owned subsidiary (hereinafter referred to as “group join”).
Expanding services compatible with the invoice system by making sweep a wholly owned subsidiary
freee’s mission is to “make small businesses the world’s leading players.” We are doing We believe that small businesses, which are able to embody ideas boldly and with a sense of speed, are capable of producing various innovations and at the same time stimulating large companies to create new movements throughout the world. .
sweep is a service that automates the receipt, journal entry, transfer, and storage of invoices under the vision of “creating time and creating a society where what you want to do comes true”. ” series is being developed.
freee invested in sweep in June 2021 and has been working to collaborate with freee accounting and expand services.
In anticipation of the recent invoice system, we will acquire additional shares of sweep and join the group as a wholly owned subsidiary with the aim of improving corporate value through faster decision-making and further strengthening of cooperation within the freee group. Thank you.
Through group joining, we will work to expand services compatible with the invoice system scheduled to start in October 2023, and work to realize a trading platform that manages B2B transactions on the cloud. ■ freee Co., Ltd. Company Profile
Company name: freee Co., Ltd.
Representative: Daisuke Sasaki, CEO
Date of establishment: July 9, 2012
Location: Art Village Osaki Central Tower 21F, 1-2-1 Osaki, Shinagawa-ku, Tokyo URL: https://corp.freee.co.jp/
Freee realizes an integrated management platform that anyone can freely manage under the mission of “Making small businesses the world’s leading players.” As a SaaS-type cloud service originating in Japan, we will build an open platform by collaborating with partners and financial institutions and continue to provide “magical value”. Details about this release:
https://prtimes.jp/main/html/rd/p/000001059.000006428.html

MAIL:cr@prtimes.co.jp

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