Vertical integration of the cashless payments business and expansion into card-not-present payments
First written in FY2024. 5 of 6 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-10-14.
No other company in this theme has enough history to compare yet.
- FY2026-H1AdvancedAnnual report
「Our consolidated subsidiary USEN FinTech (hereinafter, “USEN FinTech”) entered into an absorption-type company split agreement dated 30 September 2024 to take over the acquiring business of SBI Sumishin Net Bank (hereinafter, “SBI Sumishin Net Bank”), and completed the company split on 26 February 2026.」
USEN FinTech took over SBI Sumishin Net Bank’s acquiring business on 26 February 2026 and is establishing an end-to-end service delivery structure for merchants together with its payment processing services subsidiary. - FY2025AdvancedAnnual report
「During the consolidated fiscal year, USEN FinTech absorbed and took over USEN’s payments-related business through a company split in May 2025, and the GMV (gross merchandise value) handled by the group exceeded ¥249.8 billion.」
In the cashless payments business, USEN FinTech took over USEN’s payments-related business in May 2025, and group GMV has exceeded ¥249.8 billion. - FY2025-H1AdvancedAnnual report
「We are confident that the transaction will create convenience and competitive advantages by enhancing value, including through the establishment of a business model that provides sales, screening, system registration, equipment installation, onboarding, follow-up support and development through a one-stop service, substantially shortening the lead time until applicant stores can begin using the service, by vertically integrating NetMove’s payment solution functions with SBI Sumishin Net Bank’s acquiring business.」
NetMove became a wholly owned subsidiary on 2 December 2024, and the company is advancing the vertical integration of its payment solutions and acquiring business, as well as a one-stop service covering sales through post-implementation support. - FY2024First statedAnnual report
「Through the vertical integration of the target company’s payment solution functions with SBI Sumishin Net Bank’s acquiring business under the transaction, the company plans to establish a business model that provides sales, screening, system registration, equipment installation, onboarding, follow-up support and development through a one-stop service, substantially shortening the lead time until applicant stores can begin using the service.」
Following the acquisition of NetMove as a wholly owned subsidiary and the transfer of the acquiring business, the company is considering expanding USEN PAY from payment solutions into an integrated offering covering screening, installation and operations, as well as into card-not-present payments and services for external businesses.