Legend Fund VC Invest in Fintech Start-up PayKey
July 29th 2017
Harel-Hertz Investments House initiated and consulted the deal between Legend Fund and PayKey
Legend Fund VC a newly established Fund operating from Tokyo has joined the present Financial Fund raising round of PayKey.
Legend Partners Co Ltd was established in 2014 by Tomohito ebine and Satoshi Ishikawa
The investment in PayKey was managed by Nobu Imagawa San who commented:
"We see great potential in Paykey IN Japan. The company unique and easy to implement technology will attract many Japanese Financial Institutions, like it does with leading global banks in other countries"
This is Legend -Partners second investment in Israeli Fintech Start-ups.
PayKey is a P2P mobile payment solution, enabling money transfer between friends, within any messaging application. By extending the mobile banking functionality into the social arena, banks increase usage of mobile application, secure P2P transactions, and enhance the brand’s value.
PayKey is backed by Venture Funds and Global leading Financial Institutions like: Magma VC, MizMaa Ventures, Digital Leaders Ventures, E-Ventures, and Commerz Ventures , Santander, Mastercard and Warton Assets Management.
The company was founded by Daniel Peled and Offer Markovich.