💨 Abstract

Japanese payments company Infcurion plans to go public in Tokyo in 2025, aiming to bolster growth through M&A. The company, which provides digital wallet and credit card services, expects to turn profitable in the current financial year and has secured investment from Sumitomo Mitsui Financial Group. Global competitors include Marqeta and Stripe. Infcurion sees potential for expansion in Asia.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖