Exchange Corp. Launches Cardless Payment Service With $3.3 Million Series A

By Jonathan Shieber

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The Japanese startup Exchange Corp. has launched a new up-front payment service for online retailers called Paidy as it closes on $3.3 million in new financing. Launched by Russell Cummer, a former trader with Goldman Sachs in Japan, Exchange Corp. began as a peer-to-peer lending service in Tokyo, but is expanding to offer up-front payments as the market for those services begins to blossom… Read More

Source: Technology