Kubell has acquired the invoicing and payment automation service "Paytoner Invoice" from Paytoner for 70 million Yen, aiming to enhance its service offerings for small and medium-sized enterprises in Japan.

Information on the Target

Kubell, operating the chat tool Chatwork, has expanded its portfolio by acquiring the invoicing and payment automation service known as "Paytoner Invoice" from Paytoner, a company based in Minato, Tokyo. This acquisition is aligned with Kubell's mission to streamline back-office operations for small and medium-sized enterprises (SMEs) in Japan. With an annual revenue of 36.8 million Yen projected for the fiscal year ending December 2024, the Paytoner Invoice service enhances Kubell’s offerings to its customer base.

Industry Overview in Japan

The invoicing and payment automation industry in Japan is currently experiencing a selective growth phase, driven by the increasing demand for operational efficiency among SMEs. The technological advancements and the growing acceptance of cloud-based solutions have significantly contributed to this trend. As organizations in Japan continue to seek cost-effective solutions to manage their finances, the automation of invoicing and payments has become a strategic priority.

Additionally, the Japanese government has been promoting digital transformation across various sectors, which has led to a supportive environment for fintech and technology so