About Money Forward
Money Forward is a publicly listed company based in Minato (Japan) founded in 2012. Money Forward is engaged in providing financial technology solutions. It operates on a SaaS (Software-as-a-Service), Subscription Services, and FinTech model. Money Forward has raised $42.9 million across 5 funding rounds from investors including Mitsui & Co, SBI Group and Saison Card. The company has 2,600 employees. Money Forward has completed 2 acquisitions, including Outlook Consulting and Smart Camp. Its website moneyforward.com draws about 44.7 million monthly visits. Money Forward offers products and services including Money Forward Cloud Accounting, Money Forward Household Budget App, and Money Forward Cloud Expense. Its focus areas include Financial Technology and Accounting Software. Its legal entity is Money Forward, Inc. Its competitors include Smart Bank, Horizonbudget, Softurion, Budgetos and MoneyChart and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Money Forward is involved in developing cloud-based accounting and personal finance solutions. Services are offered to individuals, businesses, and financial institutions. The company focuses on SaaS platforms for accounting, expense management, and payroll. Sectors served include fintech and back-office operations. Comprehensive tools for invoicing, debt management, and financial transactions are provided. Innovation in financial convenience and user empowerment is prioritized.
- Headquarters Minato, Japan
- Employees 2,600
- Stage Public
- SectorsTechnology
- Website category Finance
- Website moneyforward.com
- Social LinkedIn X Facebook
- Legal Name Money Forward, Inc.
- Annual Revenue$322.51 M (USD)24.74as on Nov 30, 2025
- Net Profit$10.18 M (USD)0as on Nov 30, 2025
- EBITDA$15.24 M (USD)0as on Nov 30, 2025
- Total Equity Funding$42.9M (USD)
in 5 rounds
- Latest Funding Round$11M (USD), Series D
Oct 2016
- InvestorsMitsui & Co.
& 19 more
- Employee Count2,600
- Investments & AcquisitionsOutlook Consulting
& 1 more
Products & Services of Money Forward
Money Forward offers a comprehensive portfolio of products and services, including Money Forward Cloud Accounting, Money Forward Household Budget App, and Money Forward Cloud Expense.
Cloud-based accounting solution for businesses and individuals.
App for managing household budgets and assets.
Tool for tracking and managing business expenses.
Funding Insights of Money Forward
Money Forward has successfully raised a total of $42.9M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $11 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $42.9M
- Total Rounds 5
- Last Round Series D — $11M
- First Round $1M
(Mar 2013)
- Investors Count 20
All 5 funding rounds of Money Forward with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $11M | Series D | – | Isetan Mitsukoshi Holdings, Mizuho Bank | |
| Oct 2015 | $13.3M | Series C | – | Yosuke Tsuji | |
| Dec 2014 | $12.6M | Series B | – | – | |
| Oct 2013 | $5M | Series A | – | – | |
| Mar 2013 | $1M | Seed | – | – | – |
20 investors in total: 19 institutional and 1 angel.
Investors in Money Forward
Money Forward has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mitsui & Co, SBI Group and Saison Card.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global tech sector investments are managed by Fenox Venture Capital. | – | fenoxvc.com | Taipei, Taiwan | |
Early-stage tech ventures in the US and Asia are funded. | – | gmo-vp.com | Shibuya, Japan | |
Seed to late-stage venture capital investments are made in Japan. | – | msivc.co.jp | Tokyo, Japan | |
Corporate-backed investments are focused on media, FinTech, AdTech sectors. | – | dentsu-ip.co.jp | Minato City, Japan | |
Department stores and related businesses are operated in Japan. | 1886 | imhds.co.jp | Shinjuku, Japan | |
Commercial banking services are provided internationally from Japan headquarters. | – | mizuhobank.co.jp | Chiyoda City, Japan | |
Commercial bank | 1941 | tohobank.co.jp | Fukushima, Japan | |
Commercial banking services are offered to individuals and corporates. | 1932 | gunmabank.co.jp | Maebashi, Japan | |
Commercial banking services are provided by Fukui Bank in Japan. | 1899 | fukuibank.co.jp | Fukui, Japan | |
Commercial banking services are offered to individuals and businesses. | 1917 | hokuyobank.co.jp | Sapporo, Japan |
Investor details for Money Forward
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
IPO & Listings of Money Forward
Money Forward is a publicly listed company on the TSE with ticker symbol 3994 in Japan, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Sep 2017
- Listed onTSE: 3994
- Listed entityMoney Forward, Inc.
- Exchange sectorTechnology services
- ISINJP3869960009
- Share price6,480.00 JPY (-2.14% on the day) · 2026-10-14
- Market capitalisation367,396,918,335.00 JPY
- Price to earnings82.7
- EPS (diluted, trailing year)78.39 JPY
- Volume (last session)649,200
Financials of Money Forward
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 50.35B JPY | 1.59B JPY | 2.38B JPY |
| 2024 | 40.36B JPY | -6.33B JPY | -1.18B JPY |
| 2023 | 30.38B JPY | -6.32B JPY | -3.90B JPY |
| 2022 | 21.48B JPY | -9.45B JPY | -6.90B JPY |
| 2021 | 15.63B JPY | -1.48B JPY | -185.2M JPY |
Detailed financial statements for Money Forward
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Money Forward
Money Forward has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Outlook Consulting and Smart Camp.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital transformation services are provided to businesses for operational efficiency. | outlook.co.jp | Minato, Japan | 2006 | Dec 2024 | •••• | |
Inside sales and outsourcing services are provided to businesses. | smartcamp.co.jp | Minato, Japan | 2014 | Nov 2019 | •••• |
Complete acquisition details for Money Forward
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Money Forward
6 dated milestones of Money Forward across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Money Forward is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series D, of $11.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Smart Camp.
- Acquisition Acquires Outlook Consulting.
Competitors of Money Forward
Money Forward has 6 listed competitors in our database, 1 of them funded. They include Smart Bank, Horizonbudget, Softurion, Budgetos and MoneyChart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| smartbank.co.jp | 2019 | Shibuya, Japan | $42.75M | – | Digital banking services for individuals are offered by Smart Bank. | |
| horizonbudget.com | 2019 | Prague, Czech Republic | – | – | Offers a cloud-based platform for effective budget management. | |
| softurion.com | 2013 | Saint Gregoire, France | – | – | Personal finance software for tracking expenses, revenues, and forecasts on Mac and iPad. | |
| budgetos.com | 2019 | Paralimni, Cyprus | – | – | A cloud-based platform for efficient expense management and tracking. | |
| moneychart.info | 2022 | Tokyo, Japan | – | – | Functions as an app-based platform for efficient expense management. | |
| invoicepero.com | 2020 | Kampala, Uganda | – | – | Provides online invoicing software for small businesses and freelancers. |
Detailed competitors of Money Forward
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Money Forward
The website of Money Forward (moneyforward.com) receives about 44.7M visits a month and ranks #684 among all websites worldwide, #30 in Finance.
- Monthly visits44.7M
▲ 2.5% vs previous month
- Unique visitors7.5M
per month
- Global rank#684
among all websites
- Category rank#30
Finance · Finance
- Bounce rate40%
- Pages per visit9.6
- Average visit9 min 11 sec
- DevicesDesktop 75% · Mobile 25%
Websites whose visitors overlap most with Money Forward. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| netbk.co.jp | 100% | 9.8M | #3,502 | View details | |
| freee.co.jp | 98% | 27.8M | #1,015 | View details | |
hapitas.jp | hapitas.jp | 78% | – | #11,553 | – |
| rakuten-sec.co.jp | 74% | 94.2M | #325 | View details | |
| smbc-card.com | 74% | – | #1,663 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Money Forward
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Money Forward (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – | |
Online data source platform for information, analytics, and solutions for governments and financial markets | 1959 | London, England, United Kingdom | USD 1.41 B | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Money Forward
Complete news archive for Money Forward
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Money Forward
Money Forward was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Money Forward is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
Money Forward is a funded company, having raised a total of $42.9M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Mar 2013.
Money Forward has 2,600 employees.
Annual revenue of Money Forward is $322.51M as on Nov 30, 2025.
Money Forward is involved in developing cloud-based accounting and personal finance solutions. Services are offered to individuals, businesses, and financial institutions. The company focuses on SaaS platforms for accounting, expense management, and payroll. Sectors served include fintech and back-office operations. Comprehensive tools for invoicing, debt management, and financial transactions are provided. Innovation in financial convenience and user empowerment is prioritized.
Money Forward's top competitors include Smart Bank, Horizonbudget and Softurion.
Money Forward offers Money Forward Cloud Accounting, Money Forward Household Budget App, and Money Forward Cloud Expense.
Yes, Money Forward is publicly traded on TSE under the ticker symbol 3994.
Money Forward has made 2 acquisitions, including Outlook Consulting, and Smart Camp.
Money Forward has 20 investors. Key investors include Mitsui & Co, SBI Group, Saison Card, Isetan Mitsukoshi Holdings, and Sourcenext.
Money Forward operates through Money Forward, Inc..