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UPSIDER

fintech · Tokyo, JP · up-sider.com

Provides the UPSIDER corporate card with high limits and AI back-office tools.

Funding history

DateRoundAmount
Jul 2025Acquired by EIKONA
Mizuho Bank agreed to acquire about 70% of Japanese fintech UPSIDER for roughly JPY 46bn, making it a consolidated subsidiary (~Sept 2025).
$297M
Nov 2024Funding round
Alongside its Series D, UPSIDER carried out a 1.7B JPY secondary transaction transferring part of existing shareholders' stakes.
$110M
Nov 2024Series D Plus
UPSIDER raised 15.4B yen in a Series D co-led by Global Brain and Tencent, with Japan Airlines and others.
$100M
Jul 2022Series C
Corporate-card fintech UPSIDER raised a Series C extension from Mizuho Capital and SMBC Venture Capital, completing backing from all three megabank VCs.
May 2022Series C
Corporate-card fintech UPSIDER raised a Series C led by DST Global and WiL (about 5.4B JPY equity plus 10B JPY debt), taking cumulative funding near 20B JPY.
$40M
Oct 2021Series B
UPSIDER, the Japanese corporate-card fintech, completed a Series B extension bringing the full Series B to about JPY 3.8B (cumulative about JPY 4.3B), led by WiL with Greenoaks Capital and Global Brain follow-on.

Investors

ANRIArena HoldingsDST GlobalGlobal BrainGreenoaks CapitalMitsubishi UFJ CapitalMizuho CapitalSMBC Venture CapitalSaison VenturesTencentTybourne Capital ManagementWiL

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