SB Payment Service Corp., a privately owned company founded in 2004 and headquartered in Japan, is a subsidiary of SoftBank Group. Its business operations focus on providing a range of payment processing and related business services.
SB Payment Service Corp (SBPS) invested $40 million in Nomupay, an Irish fintech company, on an undisclosed date, acquiring a 13.8% stake. This represents Nomupay's largest funding round to date and establishes a strategic partnership to simplify global commerce and expand payment access across Asia. The investment values Nomupay at $290 million. Separately, SB Payment Service used the VMware Tanzu Platform for Cloud Foundry to address increasing demand for cashless payment services in Japan.
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SB Payment Service Corp offers products in the enterprise tech industry. SB Payment Service Corp's product portfolio comprises of conferencing, ecommerce and customer journey technology.
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