Infcurion on Expansion Course: Planned IPO in Tokyo 2025

The Japanese payment company Infcurion plans to go public in Tokyo in 2025 to accelerate its growth strategy, which is particularly driven by mergers and acquisitions. In an interview with Reuters, Kenichi Nogami, CFO of Infcurion, explained that the IPO aims to establish a financial foundation for expanded market presence and strategic investments. Last month, Infcurion secured support from Sumitomo Mitsui Financial Group, which boosted the company's value to over 30 billion yen with an investment of about 8 billion yen. This investment underscores confidence in the company's growth plans; founded in 2006, it specializes in technologies for digital payment services. As Infcurion expects to become profitable in the current fiscal year ending March 31, the company is well-positioned to benefit from the rapid increase in transactions in the credit card issuing sector. The platform enables companies to issue credit cards to employees or customers and has built close relationships with local banks. Maruyama, Infcurion's co-founder and CEO, sees acquisitions as a way to efficiently expand the range of services. The focus is on a dynamic market environment for digital payments in Japan, which still offers growth opportunities, especially in the B2B sector. Additionally, Infcurion is considering expansion in Asia to further strengthen its market presence.