About Smart Bank
Smart Bank is a company based in Shibuya (Japan) founded in 2019.. Smart Bank has raised $42.75 million across 4 funding rounds from investors including Seven Bank, Japan post bank C and SMBC Group. Smart Bank operates in a competitive market with competitors including Money Forward, Horizonbudget, Softurion, Budgetos and MoneyChart, among others.
- Headquarter Shibuya, Japan
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$42.75 M (USD)
in 4 rounds
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Latest Funding Round
$1.59 M (USD), Series B
Jan 16, 2025
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Investors
Seven Bank
& 10 more
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Employee Count
Employee Count
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Funding Insights of Smart Bank
Smart Bank has successfully raised a total of $42.75M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $1.59 million completed in January 2025. 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 Total Funding
- Total Rounds 4
- Last Round Series B — $1.6M
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First Round
First Round
(13 Jul 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - Smart Bank | Valuation |
investors |
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| Nov, 2024 | Amount | Series B - Smart Bank | Valuation | Sumitomo Mitsui Financial Group | |
| Apr, 2024 | Amount | Debt – Conventional - Smart Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Smart Bank
Smart Bank has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Seven Bank, Japan post bank C and SMBC Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Investments are made in innovative startups by Z Venture Capital.
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Founded Year | Domain | Location | |
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Global Brain is recognized as a venture capital firm supporting startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Smart Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Smart Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smart Bank Comparisons
Competitors of Smart Bank
Smart Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Money Forward, Horizonbudget, Softurion, Budgetos and MoneyChart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Money Forward is engaged in providing financial technology solutions.
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| domain | founded_year | HQ Location |
Offers a cloud-based platform for effective budget management.
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| domain | founded_year | HQ Location |
Personal finance software for tracking expenses, revenues, and forecasts on Mac and iPad.
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| domain | founded_year | HQ Location |
A cloud-based platform for efficient expense management and tracking.
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| domain | founded_year | HQ Location |
Functions as an app-based platform for efficient expense management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smart Bank
Frequently Asked Questions about Smart Bank
When was Smart Bank founded?
Smart Bank was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Smart Bank located?
Smart Bank is headquartered in Shibuya, Japan. It is registered at Shibuya, Tokyo, Japan.
Is Smart Bank a funded company?
Smart Bank is a funded company, having raised a total of $42.75M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $7.46M, raised on Jul 13, 2022.
What does Smart Bank do?
Smart Bank was founded in 2019 in Shibuya, Japan, within the financial sector. Operations focus on digital banking for individuals, with services encompassing savings accounts, prepaid cards for purchases, bill payments, money transfers, and joint accounts for shared access and budgeting. Real-time notifications and expense reports are provided. The platform is accessible via an iOS application.
Who are the top competitors of Smart Bank?
Smart Bank's top competitors include Money Forward, Horizonbudget and Softurion.
Who are Smart Bank's investors?
Smart Bank has 11 investors. Key investors include Seven Bank, Japan post bank C, SMBC Group, ANRI Solutions, and Japan Post Spiral Regional Innovation Fund.
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