• GMO PAYMENT GATEWAY

GMO Payment Gateway, Inc. Invests USD 3 Million in Helicap’s Flagship Credit Fund
Supporting the Further Growth of FinTech Companies in Southeast Asia
GMO Payment Gateway, Inc. Invests USD 3 Million in Helicap’s Flagship Credit Fund
Supporting the Further Growth of FinTech Companies in Southeast Asia

October 11, 2024

For Immediate Release

GMO Payment Gateway, Inc.

GMO Payment Gateway, Inc. (TSE Prime Market Securities Code: 3769, President & CEO: Issei Ainoura, hereinafter "GMO-PG"), a comprehensive provider of payment and financial-related services under the GMO Internet Group, has invested USD 3 million in the "Helicap Income Opportunities Fund." This fund is managed by a regulated subsidiary of Helicap Pte Ltd (CEO: David Z Wang, hereinafter "Helicap") which provides debt financing to FinTech companies in Southeast Asia. The investment was made through GMO-PG's Singapore-based subsidiary, GMO-Z.COM PAYMENT GATEWAY PTE. LTD.

[Background and Overview]

In the first half of 2024, fintech startups in Southeast Asia secured $899.3 million in funding. *1 GMO-PG expects that the rapid pace of digital shift, combined with the strong consumer demand from the large youth population and new technological innovations, will bring significant growth to the future of the fintech market in Southeast Asia.

GMO-PG has been supporting the growth of FinTech startups in Southeast Asia through both equity and debt investments. This latest investment of USD 3 million to Helicap Group's Flagship fund was executed through GMO-Z.COM PAYMENT GATEWAY PTE. LTD., its Singapore subsidiary.

Helicap, which provides private debt opportunities in Southeast Asia, together with its regulated subsidiaries, aims to address the region's USD 500 billion funding gap. *2 This period marks the rise of key players leveraging technology to build scalable and inclusive financial services, solidifying Southeast Asia as a thriving FinTech hub.

Through this investment, GMO-PG aims to support more innovative FinTech companies and explore further business opportunities in new markets and regions where the company has not yet ventured.

  • *1 Tracxn Technologies Limited「FinTech - Southeast Asia Semi Annual Funding Report - H1 2024」
  • *2 As of 2017

[About Helicap Pte Ltd]

(URL: https://www.helicap.com/)

Helicap is a Singapore-based FinTech firm facilitating private debt opportunities in Southeast Asia. As a group, the goal is to fill a USD 500 billion financing gap that banks are unable to serve and deploy capital to 300 million underbanked through 1,000 originators in the region. Helicap's equity backers include Malaysia's leading independent investment bank, Kenanga Investment Bank Berhad ("Kenanga Group"), Japanese financial services firm Credit Saison, Temasek-backed alternative investments firm Tikehau Capital, integrated Asian financial house PhillipCapital, as well as top VC firms East Ventures, Access Ventures, Voveo Capital, and leading Singapore property group SoilbuildGroup Holdings.

Over the last 6 years, Helicap has raised more than USD 15 million in paid-up capital, and via its regulated subsidiaries, have deployed over USD 400 million worth of capital with their in-house data analytics expertise. By leveraging this advanced data-processing capability, Helicap has indirectly served more than 5 million MSMEs and individuals. Helicap's collaboration with Temasek Trust on Southeast Asia's first Financial Inclusion Report exemplifies the commitment to building a visible, impactful, and integrated ecosystem that prioritizes sustainable and ethical practices.

For more information, visit www.helicap.com.

[About GMO Payment Gateway, Inc. ]

GMO Payment Gateway, Inc. provides payment-related services that support the customer's online and cashless migration and digital transformation (DX). Annual transaction value exceeds 17 trillion yen and our online comprehensive payment services have been adopted by over 150,000 merchants such as EC operators and public institutions of NHK and National Tax Agency, etc.
As the leading company in the payment industry, we contribute to the advancement and realization of a sustainable society by driving social innovations using payment and financial technology through our services, such as online comprehensive payment service, payment services in the offline market, Buy Now Pay Later (BNPL), BaaS Support services to financial institutions and enterprises and strategic investment and lending to overseas leading-edge FinTech companies. (As of end-June 2024, consolidated figures)

For media inquiries, please contact
GMO Payment Gateway, Inc.
Public Relations Department,
Corporate Value Creation Strategy Division
E-mail
pr@gmo-pg.com
GMO Internet Group, Inc.
Yamazaki, PR Team,
Group Corporate Communications Department
TEL
+81-3-5456-2695
Contact
https://www.gmo.jp/contact/press-inquiries/
For inquiries about the service, please contact
GMO Payment Gateway, Inc.
Asia Lending Business Department,
Corporate Value Creation Strategy Division
E-mail
asialending@gmo-pg.com

[GMO Payment Gateway, Inc.] (URL: https://www.gmo-pg.com/)

Company Name GMO Payment Gateway, Inc. (TSE Prime Market Securities Code: 3769)
Location Shibuya Fukuras, 1-2-3 Dogenzaka, Shibuya-ku, Tokyo
Representative Issei Ainoura, President and CEO
Business Comprehensive settlement and financial services
Capital stock 13,323 million yen

[GMO Internet Group, Inc.] (URL: https://www.gmo.jp/)

Company Name GMO Internet Group, Inc. (TSE Prime Market Securities Code: 9449)
Location Cerulean Tower 26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo
Representative Masatoshi Kumagai, Founder, Chairman and Group CEO
Business Internet Infrastructure
Online Advertising and Media
Internet Finance
Cryptoassets
Capital stock 5 billion yen

October 11, 2024

GMO Payment Gateway, Inc.

GMO Payment Gateway,
US$3 million invested in Helicap's flagship financing fund
~Supporting the further growth of FinTech companies in Southeast Asia~

GMO Payment Gateway, Inc. (TSE Prime Market: Securities Code: 3769, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG"), a comprehensive payment-related service and finance-related service of the GMO Internet Group, is a consolidated company in Singapore GMO-Z.COM PAYMENT GATEWAY PTE. LTD. invested US$3 million in the Helicap Income Opportunities Fund, a fund operated by Helicap Pte Ltd (CEO: David Z Wang, hereinafter referred to as "Helicap") that provides fin-tech fin-tech companies in Southeast Asia.

【Background and Summary】

In the first half of 2024, FinTech startups in Southeast Asia raised USD 899.3 million. *1 GMO-PG expects that the abundance of young people and new technological innovations will drive significant growth in the future of the FinTech market in Southeast Asia as the digital shift progresses rapidly.

GMO-PG supports the growth of startups in the FinTech field in Southeast Asia through investment and loans, and is pleased to announce that it has joined the Helicap Income Opportunities Fund, a fund managed by Helicap, to Singapore-based consolidated company GMO-Z.COM PAYMENT GATEWAY PTE. LTD. invested US$3 million.

Helicap, which provides private debt opportunities in Southeast Asia, has a US$500 billion funding gap in the region *2 We are aiming to eliminate the problem of. This initiative will help leading companies leverage technology to build scalable and inclusive finance services, establishing Southeast Asia as a vibrant hub for FinTech. Through its investment in this fund, GMO-PG will support more innovative FinTech companies and pursue further business opportunities, including in countries and regions where GMO-PG has not yet entered.

  • *1 Tracxn Technologies Limited「FinTech - Southeast Asia Semi Annual Funding Report - H1 2024」
  • *2 As of 2017

About Helicap Pte Ltd

(URL: https://www.helicap.com/)

Helicap is a Singapore-based FinTech company that provides private debt opportunities in Southeast Asia. As a group, we aim to close the US$500 billion funding gap that banks can't meet and fund 3 finance 00 million underserved people through 1000 originators. Helicap's shareholders include Kenanga Investment Bank Berhad ("Kenanga Group"), Malaysia's leading independent investment bank, Japan finance services firm Credit Saison, Temasek-backed alternative investment firm Tikehau Capital, Asia's integrated finance firm Phillip Capital, as well as top VC firms East Ventures, Access Ventures, Voveo Capital, and Singapore's leading real estate group Soilbuild Group Holdings.

Over the past six years, Helicap has raised more than US$15 million in funding and deployed more than US$400 million through subsidiary using data analytics technology. By leveraging this advanced data processing capacity, Helicap indirectly helps more than 5 million MSMEs and individuals. The collaboration between Helicap and Temasek Trust on Southeast Asia's first Financial Inclusion Report demonstrates their commitment to building a visible, impactful, and integrated ecosystem that prioritizes sustainable and ethical practices.

For more information, see www.helicap.com.

【GMO Payment Gateway】

We provide services based on payment that support online, cashless, DX, etc. The annual Transaction value exceeds 17 trillion yen, and Online Payment Service has been introduced to more than 150,000 merchants, including e-commerce businesses and public entity such as NHK and National Tax Agency.
As a leading company in the payment industry, we provide payment services in the Online Payment Service and face-to-face areas, buy now pay later BNPL (Buy Now Pay Later), financial institution BaaS Support to operating companies, strategic investment and financing to overseas advanced FinTech companies, etc., payment & finance We will drive social innovation through technology and contribute to the realization of a sustainable society and the progress and development of society. (As of the end of June 2024, consolidated figures)

[Press Inquiries]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division Public Relations Department
Inquiry form
https://contact.gmo-pg.com/m?f=767
GMO Internet Group, Inc.
Group Public Relations Department PR Team Yamazaki
TEL
+81-3-5456-2695
Contact us
https://www.gmo.jp/contact/press-inquiries/
[Contact for inquiries regarding services]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division
Asia Business Management Department Asia Lending Business Department
E-mail
asialending@gmo-pg.com

[GMO Payment Gateway, Inc.] (URL: https://www.gmo-pg.com/)

Corporate Name GMO Payment Gateway, Inc. (TSE Prime Market Securities Code: 3769)
Location 1-2-3 Dogenzaka, Shibuya-ku, Tokyo Shibuya Fukurasu
Representative President & Chief Executive Officer Issei Ainoura
Business Description ■ Comprehensive payment related services and finance related services
Capital 13,323 million yen

【GMO Internet Group Inc.】 (URL: https://www.gmo.jp/

Corporate Name GMO Internet Group Co., Ltd. (TSE Prime Market Securities Code: 9449)
Location Cerulean Tower 26-1, Sakuragaoka-cho, Shibuya-ku, Tokyo
Representative Representative Director and Group Representative Masatoshi Kumagai
Business Description ■ Internet infrastructure business
■ Internet advertising / media business
■ Internet finance business
■ Cryptographic assets business
Capital 5 billion yen