Launched the "Cash Flow Acceleration Program for SaaS Companies"
~Supporting Sustainable Growth by Providing New Funding Methods~

GMO Payment Gateway, Inc. (TSE part: Securities Code: 3769, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG"), which develops comprehensive payment-related services and finance-related services of the GMO Internet Group, will be a "SaaS company^{" (*1)} from today, May 1, 2020 (Friday). Cash Flow Acceleration Program" will be launched.
This is to achieve early monetization by purchasing accounts receivable at the stage when a SaaS company receives an order for contract from a client company. In this situation, GMO-PG supports the sustainable growth of SaaS companies by proposing new financing methods.

*1 A company that provides products and software as an "online service" using the cloud.

In recent years, the public and private sectors have been working together to promote digital transformation (DX) in various industries ^{in Japan (*2)} From various business tools that improve productivity to mission-critical systems such as personnel and labor management, accounting, and financial management, the use of SaaS that can be used in a cloud environment without the need to develop systems in-house is attracting attention. However, as the new coronavirus rages worldwide, the funding environment surrounding SaaS companies, which support DX in Japan, has become severe. If these SaaS companies are unable to grow sustainably and shrink or stagnate, it can cause significant damage to the Japan industry.
Therefore, in order to support the sustainable growth of SaaS companies, GMO-PG will launch the "Cash Flow Acceleration Program for SaaS Companies" by utilizing the know-how that has supported the growth of startups by providing payment-related services and finance-related services.
The "Cash Flow Acceleration Program for SaaS Companies" is a program in which GMO-PG purchases accounts receivable when a SaaS company receives an order for contract from a client company. In addition to being able to handle almost everything from application to payment online, and deposits can be made in as little as 2 business days ^(*3) from application without the need for guarantors or collateral, SaaS companies can use it as a new means of fundraising.
GMO-PG will continue to support the success and growth of SaaS companies as a start-up and business.

• (*2) Ministry of Economy, Trade and Industry "Promoting Digital Transformation in Industry" (URL: https://www.meti.go.jp/policy/it_policy/dx/dx.html)
• (※3) GMO-PG prescribed examination is required. It may not be available depending on the results of the review. If the usage review is completed, payment will be made in 2 business days at the earliest. The result of the usage review will be responded to in 2 business days at the earliest.

This is a program provided for SaaS companies based on the "GMO B2B Early Payment (purchase order purchase option)" provided by GMO-PG mainly for EC businesses. GMO-PG buys accounts receivable held by SaaS companies that conduct business-to-business (BtoB) transactions, and monetizes accounts receivable at the order stage earlier than the payment due date and invoice date. In principle, your SaaS company does not need a guarantor or collateral, and can be used as a new means of funding.