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Startups

Japanese e-payment startup Origami adds UnionPay as investor

$60m raised will go toward Chinese and Southeast Asian expansion

Origami is gearing up for a big overseas push with its Origami Pay service. (Photo by Kaede Yoshida)

TOKYO -- Mobile payment company Origami now counts China UnionPay among its investors as the Tokyo-based startup works to build a presence in greater Asia by leveraging the network of the Chinese leader in card payments.

Origami has raised 6.66 billion yen ($59.2 million), it announced Thursday, from parties including UnionPay International, Toyota Finance, SBI Investment, Shinkin Central Bank, and credit card companies JCB and Credit Saison.

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