Hyperwallet Expands Japan Footprint in Partnership with SoftBank

Hyperwallet, a leading global payouts provider to a range of small business and freelancing entities recently made an exciting partnership announcement.

The company announced a partnership struck with SoftBank Payment Service. SBPS is a subsidiary of SoftBank, a top Japanese conglomerate with operations ranging from telecommunications and finance to media and marketing.

Hyperwallet, via its subsidiary Hyperwallet Japan, will tap into SBPS’ existing payment infrastructure to improve payout speed and optionality for Japan-based payees. SBPS ranks as one of the largest online payment service providers in the country, offering a multitude of services which include payment processing and acquiring, outbound payments, and credit card distribution.

Most recently, the company launched a payment service intended to support Japanese business that need to distribute funds to large numbers of payees domestically.

“Hyperwallet’s partnership with SBPS will help position us for our continued growth within the Asia Pacific region,” said Brent Warrington, Hyperwallet’s CEO. “Along with the other additions we’ve recently made to our global financial network, I can say confidently that Hyperwallet is one of, if not the most extensive payout solution in the market, and we’ll continue to expand our reach in the future.”