NEWS

Global Inclusive FinTech Startup Global Mobility Service
Raises JPY1.7 Billion in Series D Financial Round

2019.09.02
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グローバルモビリティサービス株式会社

Global Mobility Service Inc. (President/CEO: Tokushi Nakashima, hereinafter referred to as "GMS") is pleased to announce that it has closed a JPY1.7 billion Series D financial round through a third-party allocation of shares, led by DENSO Corporation. GMS has been highly recognized for its business growth and patented technology, and has received high expectations towards the development of business into new fields as well as new countries; the acceleration of business expansion both at home and abroad; and further development of the mobility service platform made possible with its proprietary IoT technology.

As a global startup from Japan specializing in financial inclusion business, GMS currently contributes to societies in Japan and ASEAN countries. In order to solve existing social issues, GMS develops its business for the 1.7 billion people without access to financial services. The details of each strategic business alliance are to be announced individually in later releases.

The companies of the third-party allotment are as listed below:

DENSO Corporation 【TSE First Section: 6902】
Head office: 1-1, Showa-cho, Kariya, Aichi, Japan
President & CEO: Koji Arima

Credit Saison Co., Ltd. 【TSE First Section: 8253】
Head office: Sunshine 60・52 Bldg., 3-1-1 Higashi-Ikebukuro, Toshima-ku, Tokyo, Japan
President and COO: Masahiro Yamashita

The Ogaki-Kyoritsu Bank Ltd. 【TSE First Section: 8361】
Head office: 3-98, Kuruwamachi, Ogaki, Gifu, Japan
President & Representative Director: Toshiyuki Sakai

Nippon Care Supply Co., Ltd. 【TSE Second Section: 2393】
Head office: 9F Shiba NBF Tower, 1-1-30 Shibadaimon, Minato-ku, Tokyo, Japan
President and Representative Director: Hiroomi Kaneko

Sumitomo Mitsui Trust Investment Co., Ltd.
Head office: 3-33-1 Shiba, Minato-ku, Tokyo, Japan
President: Atsuhiko Mizukawa

We have also received the following comments from our new and existing shareholders:

■Mr. Emre Hidekazu Yuasa, Director, GLOBIS CAPITAL PARTNERS & Co.
Global Mobility Service, with its innovative technology and strong ties with its business partners, is not only successful for its rapid growth, but is also the only Japanese startup which has succeeded in business throughout multiple countries. I have taken part in their business for over two years since my first investment, but their speed of growth and expansion is outstanding, building up excellent achievements to reach its massive market of 1.7 billion people. I, as a Japanese, proudly support their efforts and have further expectations for their growth with enhanced cooperation from their additional members through this financing.
■Mr. Hiroyuki Wakabayashi, Executive Vice President, DENSO Corporation
Since our first investment in 2017, we have seen Global Mobility Service’s business flourish to a great extent. Through our additional investment, we are delighted to take further part in their business innovation. We believe that the key to its success lies in their proficient acquisition of patent on MCCS, the IoT device capable of safe remote operation of mobility; their FinTech platform linked with financial institutions to achieve loan repayments; and their operation skills localized to meet each country’s demands on mobility services. We look forward to bringing this innovation to evolve as a wider global service, by experiencing and challenging together towards the medium- and long-term development in the mobility industry of emerging countries.
■Mr. Katsumi Mizuno, Managing Director, Credit Saison Co., Ltd.
We have made additional investments for the purpose of strengthening our business partnership. We hope to take part in Global Mobility Service’s mission towards realizing “financial inclusion,” along with its vision “to create a system in which all hard workers are recognized”. We look forward to the expansion of their business not only within Asia, but also throughout the world.
■Mr. Jiro Yasuda, Corporate Officer & General Manager, The Ogaki-Kyoritsu Bank Ltd.
Global Mobility Service is a company committed to its achievement of the SDGs. Its vision “to create a system in which all hard workers are recognized,” has deeply resonated with OKB, which led us to make an investment so that we can also participate in the creation of customers’ creditworthiness. Based on financial inclusion and mobility made possible with the power of technology, we hope to work together in building a mechanism which sheds light to those who had not been recognized in the past.
■Mr. Hiroomi Kaneko, President and Representative Director, Nippon Care Supply Co., Ltd.
It is a great honor for us, Nippon Care Supply, to be part of this investment. We greatly value GMS's highly motivated view towards its business, its technology, and skills of accomplishment. As the largest company engaging in rental services for welfare equipment, we will contribute to realizing a society of health and longevity in Japan, i.e. the most aging country, by adapting and implementing GMS's advanced technology in the nursing care sector through the enhancement of our partnership.

Please look forward to the future efforts of GMS.

* The contents, capital-related information, services, contact information, and other information contained in the press release are those at the time of the announcement. Contents may change without notice.

[Inquiry Recipient]
Global Mobility Service Inc. Okubo & Fukada
TEL：+81-3-6264-3113　FAX：+81-3-6264-3322
E-mail: press@global-mobility-service.com
URL: https://www.global-mobility-service.com/

＜About Global Mobility Service Inc.＞

Establishment：
November 25, 2013
Head Office：
4F Sumitomo Shiba Daimon Bldg.Ⅱ, 1-12-16 Shibadaimon,Minato-ku,Tokyo, 105-0012, Japan
Representative：
Tokushi Nakashima (President/CEO)
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