GMO Financial Gate CEO Kentaro Sugiyama (left) and Soft Space CEO Joel Tay Jin Ghee / Photo credit: Soft Space

Malaysian fintech firm Soft Space has raised new capital through a partnership with GMO Financial Gate, a Japanese payments major and longtime partner of Soft Space.

This collaboration is a precursor to the Malaysian firm’s upcoming series C funding round and is aimed at advancing the adoption of cashless payments in Japan.