Opn

What Opn does

Opn (legal entity Omise Co., Ltd.) is a Tokyo-headquartered payment management platform founded in 2013 that builds and operates the Omise payment infrastructure for merchants, platforms/SaaS providers, and financial institutions. Its technology stack centers on RESTful APIs with SDKs in Python, JavaScript, Go, Ruby, .NET, Swift, and Kotlin, supporting 100+ alternative payment methods, payment orchestration across multiple gateways, PayFac-as-a-service for embedded payments, and direct acquiring capability, all backed by a 99.99% service uptime SLA. The product portfolio spans merchant-facing tools (Accept Payments with one-click checkout, Payment Links+, Manage Transactions dashboard), platform- and bank-facing tools (Payment Orchestration, PayFac, Acquiring), Professional Services consulting, and the Omise AI feature marketed for payment success-rate optimization.

The company makes money primarily through transaction fees on processed payments, supplemented by API/platform subscription revenue from enterprise integrations and professional services fees for implementation work. It runs a hybrid go-to-market: a self-serve, API-first product-led motion with a free developer trial for SMBs combined with an enterprise field sales motion for large merchants, platforms, and banks, supported by regional operations in Japan, Southeast Asia (Singapore regional HQ, Thailand operations), and North America (Alpharetta, Georgia following the November 2022 MerchantE acquisition for approximately $400 million). Named enterprise customers include McDonald's Thailand, BMW, DHL, 7-Eleven, ICBC, Allianz, Grand Hyatt, and King Power, alongside a long tail of 20,000+ businesses that, in aggregate, processed over US$19 billion in payments volume. Opn achieved unicorn status in May 2022 with a $120 million funding round led by JIC Venture Growth Investments, Mars Growth Capital, and Mitsubishi UFJ Financial Group at a $1B+ valuation.

Name

Opn

Legal name

Omise Co., Ltd.

Website

https://opn.ooo

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

251–500 employees

Short description

Opn (Omise Co., Ltd.) is a Tokyo-headquartered payment platform offering RESTful APIs, payment orchestration, PayFac, and acquiring services to merchants, platforms, and financial institutions across Japan, Southeast Asia, and the US post-MerchantE acquisition.

Ownership category

akta.pro rank

Product category

Payment Processing and Payment Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Finance Services (6199), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Payment Orchestration Platforms (Multi-PSP Routing) (FSAMACAB)

akta.pro secondary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Payment processing
• Payment orchestration
• Payment facilitator
• Embedded payments
• Payment infrastructure

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Payment Processing and Transaction Fees: Revenue generated from processing payments for merchants, with fees charged per transaction. The platform processes payments for over 20,000 businesses with combined payment volume exceeding US$19 billion.
2. API and Platform Services: Developer-focused revenue from API access, documentation, and integration services for merchants and financial institutions
3. Professional Services: Consultant services for fintech growth targeting businesses requiring expert guidance for payment and financial technology implementations

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Opn operates the Omise payment platform, a full-featured payment management infrastructure that enables merchants, platforms, SaaS providers, and financial institutions to accept payments, manage transactions, and orchestrate payment gateways across Asia and North America. The platform delivers RESTful APIs, multi-language SDKs, payment orchestration, embedded PayFac capabilities, acquiring services, and AI-powered optimization, processing over US$19 billion in payments for more than 20,000 businesses.

Product overview

Omise (operated by Opn) is a modular payment platform providing a comprehensive suite of payment solutions for merchants, platforms, and financial institutions. The platform architecture consists of core merchant-facing products (Accept Payments, Payment Links+, Manage Transactions) that handle checkout and transaction management, combined with platform-level capabilities (Payment Orchestration, PayFac, Acquiring) for unified payment management and embedded payments. Professional Services provides fintech consulting, while Omise AI adds machine learning optimization. The platform offers RESTful APIs and SDKs in multiple languages (Python, JavaScript, Go, Ruby, .NET, Swift, Kotlin) with 99.99% service uptime, supporting 100+ global payment methods.

Differentiator

Problem solved

Functional benefit

Brands

• Omise AI: AI-powered payment efficiency solution offered by Omise
• Payment Links+
• Payment Orchestration
• PayFac
• Acquiring

Products and services

• Accept Payments Online checkout solution that enables merchants to accept payments with one-click checkout, support for 100+ local Alternative Payment Methods (APMs), and Payment Links+ link-based collection. Targeted at online retailers and businesses needing fast, multi-method checkout.
• Payment Links+ Payment link solution that allows businesses to accept payments through any channel without requiring a full website integration, enabling link-based payment collection across digital and offline touchpoints.
• Manage Transactions Transaction management dashboard providing real-time data, customized reporting, an intuitive interface, and effortless refund request functionality for merchants and operations teams.
• Payment Orchestration Unified payment management solution that enables businesses, platforms, and financial institutions to expand into new regions and connect to multiple payment gateways across Asia and North America through a single integration layer.
• PayFac (Payment Facilitator) Embedded payments solution that enables platform partners, SaaS providers, and banks to offer payment processing capabilities to their own merchant customers, including onboarding, underwriting, and settlement.
• Acquiring Acquiring services providing the processing technology and infrastructure required to handle end-to-end payment acceptance, including authorization, settlement, and reconciliation for merchants and financial institutions.
• Omise AI AI-powered payment efficiency solution integrated into the Omise platform that uses machine learning to optimize payment routing and increase payment success rates by up to 15%, marketed as an AI-embedded process automation capability.
• Professional Services Consulting service providing expert advisory and implementation support for businesses adopting fintech and payment technology, offered as a paid engagement alongside the Omise platform.

Quantifiable outcome

• Increase payment success rate by up to 15%
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature8 records

Partnerships

One partnership is on record.

• MerchantEcoreStrategic or Co-development Partner · 15 November 2022Acquisition of MerchantE, a US-based B2B digital commerce platform based in Alpharetta, Georgia. The transaction was valued at approximately $350-400 million and marked Opn's entry into the US payments market, combining Opn's mobile payment services with MerchantE's B2B payment system to compete with US giants like Block and Stripe.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Checkout.com: Checkout.com is a global payment orchestration platform focused on enterprise merchants with multi-PSP routing capabilities. It competes directly with Opn's Payment Orchestration offering, particularly for cross-border and large-volume merchants.
• Adyen: Adyen is a global unified payments platform providing payment orchestration, processing, and acquiring for enterprise merchants. It directly competes with Opn's Payment Orchestration and acquiring products, particularly for multinational merchants requiring cross-region capabilities.
• Stripe: Stripe is a global payment infrastructure platform offering payment orchestration, gateway, and PayFac capabilities. It is the primary direct competitor across Opn's core markets, particularly the US post-MerchantE acquisition, with overlapping developer-first APIs and enterprise offerings.

Broad incumbents

• PayPal: PayPal (including Braintree) is a global payments incumbent offering gateways, orchestration, and embedded commerce capabilities. It competes with Opn across merchant payments, cross-border transactions, and platform-embedded payment use cases.
• Worldline: Worldline is a European payments incumbent offering merchant acquiring, gateways, and orchestration. While regional to Europe, it competes for global enterprise merchants and serves as a comparable public-market peer for payment orchestration valuation benchmarks.
• Block (Square): Block operates Square seller payments and Cash App, offering broad payment processing, financing, and software services. It is identified as a direct competitor in Opn's US market expansion and offers overlapping capabilities across SMB payments.

Regional players

• PayPay: PayPay is Japan's dominant QR payment platform backed by SoftBank and Yahoo Japan. It represents the dominant in-market competitor in Opn's home Japan market, though it primarily serves consumer payments versus Opn's merchant platform focus.
• 2C2P: 2C2P is a Southeast Asia-focused payment processor offering orchestration, gateways, and acquiring services across the region. It directly competes with Opn in Thailand and other SEA markets with overlapping merchant and enterprise offerings.
• Razorpay: Razorpay is an India-focused payment gateway and orchestration platform serving merchants and platforms with developer-first APIs. While geographically focused on India, it serves as a comparable business model peer in the Asia payment infrastructure space.

Emerging players

• Marqeta: Marqeta provides modern card issuing and payment infrastructure with API-first developer tools. While more focused on issuing, it competes in the PayFac and embedded payments space where Opn is positioning its platform offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/omisepayment
• Facebookfacebook.com/omisepayments
• LinkedInlinkedin.com/company/omisepayments
• Instagraminstagram.com/omisepayments
• Xx.com/opn_global

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds10 records

Investors25 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Opn