Pay2o has raised $1.1M in seed funding to build out subscription billing for small businesses. The round drew checks from XTech Ventures Inc., Mizuho Capital Co., Ltd., and Plaid Inc.
The Japanese fintech specializes in recurring payments, using account-to-account transfers to handle subscription charges at processing fees starting from 0.95%. That focus on A2A rails sets it apart from card-based billing providers, and the company also runs a consulting practice for fintech services.

















