【About Japan Online Factoring Association (OFA)】
November 15, 2022
GMO Payment Gateway, Inc.
Develop comprehensive payment-related services and finance-related services within the GMO Internet Group GMO Payment Gateway, Inc. (TSE Prime: Securities Code: 3769, President & Chief Executive Officer:Issei Ainoura GMO-PG) Managing Executive Officer Innovation Partners Division The Masaru Yoshioka of the Innovation Strategy Department General Manager in November 2022 We are pleased to announce that I will be appointed as a director of Japan Online Factoring Association (hereinafter referred to as "OFA").
In May 2018, GMO-PG will fund accounts receivable early by purchasing accounts receivable in order to support the growth of businesses from the financial side GMO B2B Early Payment (factoring)", and I will contribute to the sound development of the factoring market, including the appointment of OFA as a board member.
GMO Payment Gateway, Inc. Managing Executive Officer
Innovation Partners Division Innovation Strategy Department General Manager
After graduating from the Faculty of Law at the University of Tokyo in 1988, he became a The Mitsubishi Bank, Limited (now MUFG Bank, Ltd. ) in. Graduated from Northwestern University Graduate School of Business in 1997. After working in the New York branch, systems department, and marketing department of the bank, he was appointed director and general manager of the planning department of the E-net Co.,Ltd. in 2009. He joined GMO-PG in 2013 and was in charge of product strategy and new business planning in the payment and finance fields. Currently, BtoB in Innovation Strategy Department Engaged in BNPL business in payment processing business.
I would like to express my gratitude to all the members and various other people for their support and to my appointment as a director of OFA. As a member of the OFA Board of Directors, I will contribute to the sound development of the factoring market and contribute to the growth and challenges of business operators while providing an environment where business operators can raise funds with peace of mind and various procurement methods through GMO-PG's financing services.
In order to create an environment in which online factoring, which is one of the means of raising funds other than financing using corporate accounts receivable, can be used with peace of mind, and to aim for the sound development of the factoring market, it is an organization that develops industry guidelines and conducts publicity and awareness-raising activities for correct information. In March 2020, the predecessor voluntary organization "Online Factoring Business Liaison Council" was launched, and on October 14, 2022, "Japan Online Factoring Association ( OFA)" was established. It was selected as a subsidized business operator by the Tokyo Metropolitan Government on October 31, 2022.
GMO-PG provides financing services that support business growth and operational efficiency from various angles.
As a support for cash flow improvement and fundraising that lead to growth, for EC businesses that have introduced GMO-PG's payment service, Financing using "Early Payment Service" and transaction data that can set a deposit cycle suitable for your company's cash flow GMO-PG Transaction Lending" is provided. In addition, in BtoB transactions, GMO-PG will purchase accounts receivable to fund the accounts receivable of businesses as soon as possible." GMO B2B Early Payment (factoring)".
In addition to supporting growth, we also aim to reduce the time and effort required for credit management operations in BtoB transactions and the risk of uncollected accounts receivable. We also offer a "GMO B2B AR Guarantee" in which GMO-PG pays a deposit in the event of uncollected accounts receivable.
GMO Payment Service (hereinafter referred to as "GMO-PS"), a consolidated company of GMO-PG, provides a buy now pay laterpayment service for BtoB transactions. We provide GMO B2B Pay on Credit" and provide financial support for businesses as a group.（※）
More than 100,000 merchants, including online businesses such as online shops, NHK, National Tax Agency, and public entity in Tokyo, etc., We provide payment-related services and finance-related services. Focusing on payment services, we utilize value-added services and finance technologies that contribute to the growth of merchants payment method We provide services that meet funding needs, and our annual Transaction value exceeds 11 trillion yen. (Consolidated figures as of the end of September 2022)
As a leading company in the payment industry financial institution, we provide various Provision of payment and finance-related solutions and platforms, infrastructure of payments and so on. We are also promoting global expansion such as the development of payment-related services overseas and strategic investment and financing of cutting-edge FinTech companies overseas. We will continue to drive new innovations and contribute to the realization of a sustainable society and the progress and development of society.
[GMO Payment Gateway, Inc.] (URL: https://www.gmo-pg.com/)
|Corporate Name||GMO Payment Gateway, Inc. (TSE Prime 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, Inc. (TSE Prime 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|