Founded in 2019, Fivot aims to reinvent corporate and personal finance in Japan by operating two complementary businesses: the venture-debt platform Flex Capital and the Visa-branded cashless savings app IDARE. Flex Capital offers non-dilutive funding through venture debt, revenue-based financing and invoice-advance products, underpinned by a proprietary, AI-powered credit-scoring model. The service has originated more than ¥120 billion in loans to over 300 startups while maintaining a low default rate in the 0.3 % range. IDARE incentivizes users with a 2 % annual-equivalent bonus on balances and personalized, AI-based saving features, helping individuals build wealth while feeding liquidity back into Flex Capital’s lending pool. With fresh capital, the company plans to deepen AI research, refine its credit algorithms, scale marketing for both products and expand its lending reach to a broader set of SMEs. Cumulative equity financing now totals ¥25 billion, giving Fivot additional resources to pursue its vision of becoming a full-fledged challenger bank.

Total raised

$13M

Funding rounds

2

Latest round

Series B

Latest activity

Nov 2025