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MOBILE & TELECOMMUNICATIONS | Mobile Commerce / Travel (mobile)
nearme.jp

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Founded Year

2017

Stage

Incubator/Accelerator - III | Alive

Total Raised

$7.96M

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About nearMe

nearMe is a Japan-based company that develops a mobile taxi ride-sharing application, which enables instant matching of people who want to go in the same direction by taxi.

nearMe Headquarter Location

3-6-10 Kyobashi, Chuo-ku

Tokyo, 104-0031,

Japan

Latest nearMe News

Myanmar Digital Payments Platform NearMe Plans Expansion after 7-Figure Funding

Sep 21, 2020

by KrAsia Lynn Htaik Aung, NearMe CEO source: Krasia After raising seven figures in funding, one of Myanmar’s most promising digital payment platforms says it has set its sights on becoming the most widely-used tool for digital transactions in the country. NearMe, who received funding from Japanese conglomerate Sumitomo Corporation on Tuesday, plans to expand to more small and medium-sized retailers around the Southeast Asian country, where the growth potential for fintech startups is enormous. The investment will help the firm expand their retail merchant network, and to accelerate the adoption of digital payments. Before it was known as NearMe, the company was the mobile app of 1-STOP, an over-the-counter payment network launched by global payments firm 2C2P, Myanmar’s largest manufacturer and distributor of agricultural technology Awba Group and Pahtama Group, a consumer product distributor in 2015. However, 1-STOP’s network was later rebranded as NearMe, and remains an arm of the parent company. Launched in 2015, NearMe lets users make various kinds of payments, like taxes, utilities, or buying flight tickets, through either a mobile app, point-of-sale terminal, or webpage. Users typically top up their accounts and complete purchases at convenience stores and other NearMe partners using prepaid cards or cash. “Currently, many retail SMEs lack digital inventory capabilities and tend to only accept payments in cash. NearMe is able to provide a hub for the digital goods from retail SMEs to serve their customers, and also allows them to accept digital payments,” Aung told KrASIA. “NearMe’s main strategy to adopt more service providers is being a neutral platform that allows any service provider to utilize our retail network to acquire more customers.”   With over 50,000 partner stores nationwide, the firm also helps customers apply for personal loans. The news came after its collaboration with Mother Finance in March, Myanmar’s first mobile-based lending application, to provide credit to the NearMe’s agents and partner stores.

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Expert Collections containing nearMe

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

nearMe is included in 1 Expert Collection, including Mobility-as-a-Service.

M

Mobility-as-a-Service

545 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

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