Respo, an embedded payments and savings provider, has raised 120 million yen in a pre-Series A funding round led by Mint, with participation from CyberAgent Capital, East Ventures, and others. Respo’s Save Now, Buy Later (SNBL) model allows users to set aside funds in advance for future purchases, offering a debt-free alternative to traditional payment methods. Primarily targeting e-commerce and travel businesses, Respo enables the savings via credit card payments without extra fees. The company plans to use the funds to enhance user experience, develop new features, and expand its team.

Save Now, Buy Later: EC Savings Payment “Respo” Raises 120 Million Yen