Net Protections Holdings operates post-payment services including NP Atobarai (B2C), NP Kakebarai (B2B) and the atone cardless payment solution. Founded in 2002 and headquartered in Tokyo, NP Atobarai had processed over 200 million total transactions and recorded more than ¥290 billion in total payment volumes by FY2019, serving over 14.5 million unique users per year. NP Kakebarai serves roughly 2,300 business customers with annual payment volumes of ¥59 billion and more than 7.8 million transactions. The company has expanded internationally with offerings such as AFTEE in Taiwan and emphasizes building payment infrastructure and big-data capabilities from customer purchase and payment histories. Net Protections’ stated mission is to “Create New Standard,” and it aims to further grow its BNPL platforms and B2B payment systems both within Japan and abroad.

Total raised

$56M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2021