KINCHAKU Co., Ltd.

KINCHAKU Co. , Ltd. is a Japan-based company specializing in digital ticketing solutions that streamline event management and customer interactions. Their platform enhances business efficiency through innovative digital pass management.

Founded in 2018 and headquartered in Fukuoka-shi, Japan, KINCHAKU Co. , Ltd. focuses on digital ticketing and management services. The company has engaged in 6 deals, with their most recent funding round being a Seed round in December 2021, where they raised JPY 30 million from Kintetsu Venture Partners.

The current valuation of the company is JPY 681. 403 million. The CEOs, Domi Shingu and Marcelo Ferreira, lead the company, focusing on expanding their market presence. KINCHAKU specializes in a comprehensive digital ticketing and management platform that provides businesses with tools for issuing and managing digital passes and e-tickets.

The core offerings include digital pass issuance and sales, reservation and payment processing, customer relationship management (CRM), and data analytics, facilitating operations and enhancing customer loyalty. Their platform integrates with popular mobile wallets like Apple Wallet and Google Wallet, catering to various sectors, including retail, transportation, and event management, primarily in Japan and targeting broader Asia-Pacific markets. KINCHAKU generates revenue through a subscription-based model complemented by transaction fees on digital passes sold through its platform. Clients, including retailers and event organizers, pay a monthly fee for KINCHAKU’s services, alongside a commission based on sales via the platform.

The pricing structure features plans tailored for small and medium-sized enterprises, such as the 'One Coin Plan,' enabling businesses to sell digital passes for a nominal fee plus a percentage of sales, fostering ongoing partnerships tied to the volume of digital passes issued and sold. Following their most recent funding round on December 9, 2021, where KINCHAKU raised JPY 30 million, the company plans to utilize this investment to enhance their product development, business operations, and human resources. Future growth strategies include launching new product features and expanding into new markets within the Asia-Pacific region, specifically targeting an increased market share by 2023.