Kyash, a Japanese digital banking start-up offering Visa prepaid cards with “no age limits”, has raised a $45 million Series C funding round. The capital raise was co-led by Alibaba and MoneyLion backer Greenspring Associates, and Goodwater Capital, the investor which previously backed UK challenger banks Monzo and Tide. Japan’s government has been pushing for an increase in cashless payments for years Other backers included London-based Greyhound Capital, US venture capital firms Altos Ventures, Broadhaven Ventures, and Tekton Ventures, as well as global investment firm Partech Partners, Japanese capital firm JAFCO and individual investor Rahul Mehta, who is the managing…
Japanese challenger Kyash lands m Series C