Money Forward, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Money Forward, Inc. - overview
Established
2012
Location
Tokyo, -, Japan
Primary Industry
Software
About
Money Forward, Inc. is a fintech company that specializes in providing comprehensive financial management tools for both individuals and businesses, including accounting software and budgeting apps. Money Forward, Inc. , established in 2012 and headquartered in Tokyo, Japan, offers innovative financial solutions.
The company was founded by Yosuke Tsuji, who has a history of entrepreneurship. Money Forward has completed a total of 6 deals, with its most recent deal being an IPO on September 29, 2017, where it raised JPY 3. 95 billion. The company has raised a total of JPY 3.
95 billion across its funding rounds. Money Forward, Inc. provides a suite of financial management tools, including personal budgeting applications and cloud-based accounting software designed for businesses. Its budgeting app allows users to track their expenses and manage their finances, while its accounting software automates bookkeeping, invoicing, and financial reporting, aimed at enhancing operational efficiency for businesses.
In the most recent fiscal year 2024, Money Forward reported a revenue of JPY 268,354,177. 5 and an EBITDA of JPY 31,480,738. 1, generated through a subscription-based model that caters to both personal users and businesses. Following its successful IPO in September 2017, where Money Forward raised JPY 3.
95 billion, the company plans to utilize this capital to introduce new products and enhance its existing services. The company aims to expand its footprint into other Asian markets by 2025, targeting regions such as Southeast Asia and further diversifying its offerings in the financial technology space.
Current Investors
Mizuho Capital, North Pacific Bank, Pegasus Tech Ventures
Primary Industry
Software
Sub Industries
Consumer Finance, e-Financial, Accounting/Finance Software
Website
www.moneyforward.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Money Forward, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Announced | SMARTCAMP Co., Ltd. | - | ||||||||
| PIPE | Completed | Outlook Consulting | - | ||||||||
| IPO | Completed | Outlook Consulting | - |
Displaying 1 - 3 of 3
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.