Money Forward Kessai

What Money Forward Kessai does

Money Forward Kessai, Inc. (マネーフォワードケッサイ株式会社) is a Japanese B2B financial-services provider founded in March 2017 and headquartered in Minato-ku, Tokyo. The company operates as a wholly-owned subsidiary of Money Forward, Inc., a Tokyo Stock Exchange Prime-listed fintech group, and delivers four core products spanning the B2B payment lifecycle: Money Forward Kakebarai (inter-company deferred payment settlement and invoice-billing agency with payment guarantee), Money Forward Business Card (corporate card integrated with Money Forward Cloud back-office SaaS), Money Forward Invoice Card Pay (credit-card-based invoice payment), and Money Forward Early Receivables (two-party factoring). It also newly offers an AI-powered Billing and Collection Outsourcing service for end-to-end corporate invoicing.

The platform is built on an API-first architecture — Money Forward Kessai API v2 is a RESTful interface with OpenAPI 2.0 specifications, SDKs in Python, Go, Node.js, Ruby, PHP, and curl, sandbox and production environments, and webhook-based real-time event handling. Underlying capabilities include automated credit facility examination with monthly auto-renewal, AI pre-screening (AI仮審査) that delivers factoring-limit estimates in approximately 5 minutes from internet-banking data, and PCI DSS v4.0.1-certified card-data handling. Distribution combines self-serve online signup, direct enterprise sales, OEM/embedded integrations into customer ERPs, and channel partnerships with industry-vertical software providers (e.g., JEMS's Environmental Shogun R for industrial waste).

Money Forward Kessai monetizes through transaction fees and commissions on each settlement stream — service commissions on Kakebarai deferred payments, factoring commissions from 0.5%, and interchange-style economics on card-based products — operating exclusively in the Japan market. The company holds 101–250 employees and is led by Representative Director and President Naomichi Toyama (富山直道), with CTO Yuki Shinohara and additional directors Yosuke Tsuji, Tokuma Marubashi, and Satoshi Shoda. Its primary customer base consists of Japanese B2B businesses needing deferred-payment risk transfer, invoice processing automation, and working-capital financing, with a particular concentration of vertical-specific integrations into regulated industries such as industrial-waste management.

Name

Money Forward Kessai

Legal name

マネーフォワードケッサイ株式会社

Website

https://mfkessai.co.jp

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Money Forward Kessai is a Tokyo-based B2B payment-services subsidiary of Money Forward, Inc. (TSE Prime) that provides inter-company deferred-payment settlement, two-party factoring, invoice-card payment, and a business card to Japanese enterprises via an API-first platform.

Ownership category

akta.pro rank

Product category

B2B Payment Processing

NAICS

Sales Financing (522220), Other Nondepository Credit Intermediation (52229), Depository Credit Intermediation (5221)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

akta.pro secondary industry

Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL)

Keywords

• B2B payment settlement
• Deferred payment services
• Accounts receivable factoring
• Commercial billing agency
• Business credit cards

Headquarters

HQ city

Shibaura

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. マネーフォワード 掛け払い (Money Forward Kakebarai - Deferred Payment Service): Inter-company deferred payment settlement and billing agency service where the company handles credit screening, invoice issuance and distribution, payment collection, and provides payment guarantee. Revenue generated from transaction fees and service commissions on settled amounts.
2. マネーフォワード 早期入金 (Early Receivables Service): Two-party factoring service allowing businesses to sell receivables (accounts receivable) for immediate cash. Customers receive funds after deducting a commission fee (0.5% minimum). No notification to business partners required.
3. マネーフォワード 請求書カード払い (Invoice Card Payment): Service enabling businesses to pay invoices using credit cards, allowing payment deferral through card credit terms.
4. マネーフォワード ビジネスカード (Business Card): Business credit card integrated with Money Forward Cloud SaaS for real-time transaction data acquisition, enabling faster monthly closing and expense processing.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Money Forward Kessai provides B2B inter-company deferred payment settlement (Kakebarai), billing agency, accounts receivable factoring, business credit cards, and invoice card payment services through a proprietary API-first platform. The company handles credit screening, invoice issuance and distribution, payment collection, and offers payment guarantee to protect sellers from non-payment risk in B2B transactions.

Product overview

Money Forward Kessai operates a suite of B2B payment and financial services: マネーフォワード 掛け払い (deferred payment/accounts receivable factoring), マネーフォワード ビジネスカード (business card with cloud accounting sync), マネーフォワード 請求書カード払い (invoice credit card payment), マネーフォワード 早期入金 (early receivables financing/2-party factoring with AI preliminary review), and Money Forward Billing and Collection Outsourcing (AI-powered BPO for invoicing). The services are built on a public API (Money Forward Kessai API v2) and collectively address the full B2B payment lifecycle: from deferred sales and credit management to invoice processing, expense handling, and working capital financing.

Differentiator

Problem solved

Functional benefit

Brands

• マネーフォワード 掛け払い (Money Forward Kakebarai): Inter-company deferred payment settlement and invoice agency service with credit screening, invoice issuance, shipping, and receivables management.
• マネーフォワード ビジネスカード (Money Forward Business Card)
• マネーフォワード 請求書カード払い (Money Forward Invoice Card Pay)
• マネーフォワード 早期入金 (Money Forward Early Receivables)

Products and services

• Money Forward Kakebarai (Money Forward Deferred Payment) B2B inter-company deferred payment settlement and billing agency service for businesses engaged in B2B transactions. Handles credit screening, invoice issuance and distribution (email and postal), payment collection and reconciliation, and offers payment guarantee enabling risk-free deferred sales.
• Money Forward Business Card Business card service integrated with back-office SaaS 'Money Forward Cloud'. Enables real-time transaction data retrieval for rapid monthly closing and expense processing.
• Money Forward Invoice Card Pay (Money Forward請求書カード払い) Service enabling businesses to pay invoices using credit cards, allowing payment deferral through credit card settlement and effectively extending payment terms.
• Money Forward Early Payment (Money Forward早期入金) Accounts receivable early financing / two-party factoring service. Customers sell their receivables to receive funds minus a commission fee. No notification to buyer required; no assignment registration needed. Offers fee rates starting from 0.5% with AI-powered preliminary review delivering results in approximately 5 minutes.
• Money Forward Billing and Collection Outsourcing AI-powered Business Process Outsourcing service for end-to-end corporate invoicing operations, from invoice creation and distribution to payment reconciliation and collection follow-ups. Data integrates with Money Forward Cloud Accounting for automated journal entries.

Quantifiable outcome

• 入金スピード 最速即日 (Fastest funding speed: same-day)
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature5 records

Partnerships

One partnership is on record.

• JEMS Co., Ltd.coreTechnology or Integration · 25 March 2026Strategic partnership for digital transformation in the industrial waste and resource recycling industry. The collaboration integrates JEMS's industry-specific core system 'Environmental Shogun R' (環境将軍R) with Money Forward Kessai's inter-company deferred payment settlement and billing agency service 'Money Forward Kakebarai' via API connection. The partnership aims to streamline complex billing and payment operations unique to the industrial waste industry, eliminate uncollected payment risks, reduce collection operation burden, and support paperless business practices.

Scale indicators3 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• freee: Japanese cloud accounting SaaS platform with adjacent financial services including freee 融資 (lending) and payment/expense products. Competes indirectly via embedded financial services within its accounting ecosystem.
• GMO Payment Gateway: One of Japan's largest payment processors (TSE listed), offering comprehensive online payment, BNPL via GMO後払い, and B2B payment processing. Broad incumbent with overlapping capabilities in payment processing and consumer-facing BNPL.
• Yayoi (Kintone): Japanese accounting software incumbent for SMBs (弥生会計/Yayoi), which has expanded into adjacent financial services including payment and lending products, positioning it as a broad back-office incumbent.

Direct peers

• Olta: Japanese online factoring platform offering 'OLTA Cloud Factoring' for SMBs and freelancers, providing same-day accounts receivable monetization. Direct competitor in Japanese 2-party/online factoring.
• Net Protections: Japanese B2B deferred payment (掛け払い/BNPL) provider offering 'NP掛け払い' and 'NP後払い' for enterprise and SMB B2B transactions. Most direct competitor in Japan B2B invoice-based deferred payment settlement.
• Paid (Tousei): Japanese B2B BNPL platform offering deferred payment settlement and factoring services with payment guarantee. Directly competes with Kessai's Kakebarai and Early Receivables offerings in the Japan SMB market.
• Biz Forward: Japanese B2B factoring and payment service operating 'SEIKYU+ powered by Money Forward Kessai' as a partner. Active direct competitor in B2B accounts receivable and factoring market in Japan.
• UPSIDER: Japanese B2B corporate card and payments platform offering virtual cards, corporate cards, and invoice financing. Direct competitor in B2B card and invoice-based payment deferral space.

Regional players

• JEMSMONEY (JEMS group): JEMS Co., Ltd., a vertical SaaS provider for the Japanese industrial waste and recycling industry, has partnered with Kessai to embed Kakebarai. While partner rather than competitor, it represents the channel-partner archetype Kessai is replicating across verticals.

Emerging players

• INVOY: Japanese cloud invoicing and bill receipt/OCR platform serving SMBs. Adjacent to Kessai's invoice card pay and AI-powered invoicing BPO; could either compete or partner via API integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mfkessai
• YouTubeyoutube.com/channel/UCqZrTaPGujPgQ-GOLZolo_w
• Facebookfacebook.com/mfkessai

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Money Forward Kessai