Case Studies
Fintech
KL, Malaysia

Soft Space Co., Ltd.

Business Characteristics

Provision of Cashless Payment Solutions Without Dedicated Payment Terminals

  • Payment methods that do not require a dedicated terminal

    Enables payments without the need for dedicated payment terminals by simply installing software on commercially available smart phones or tablets.
    By using commercially available devices as payment terminals, implementation costs are reduced.

  • First in Asia to receive EMV certification for cloud-based services

    First in Asia to obtain EMV certification* for cloud-based services.
    * EMV (first letter of Europay, Mastercard, and VISA) is an international standard for IC cards

  • Track record of global use

    In addition to being used in 31 countries, it is also officially recognized as a partner by international card brands such as Visa, Mastercard, and JCB.

Case Studies

Case 1

CARDNET

  • Implemented the contactless payment feature from international brands (JCB / VISA / Mastercard / American Express / Diners Club) in the service Tap on Mobile, which allows general-purpose devices such as smart phones to be used as contactless payment terminals.

Case 2

GMO Financial Gate

  • Leverages GMO's connections to deploy NFC payment services without terminals.

  • Since a dedicated payment terminal is not required, there are no costs for terminal installation or equipment maintenance. This allows businesses to adopt cashless transactions while keeping expenses low.

Company Information

Company Name Soft Space
Industry Classification Information and communication
Headquarters KL, Malaysia
Year of Establishment August 2024
Capital 5 million yen
Main Business Activities Provides applications that utilize smart phones and other devices as payment terminals
Business Partners / Key Customers Local public transport bodies, Japan Card Network, GMO Financial Gate, JCB, Yamato Transport, ODAWARA AUTO-MACHINE MFG, Zettle (a subsidiary of PayPal), AirAsia, etc.
State of Overseas Expansion Present in 31 countries (United States, South America, Europe, Africa)
Funding History In 2024, funds were raised from GMO Financial Gate, and in 2025, from Hokkoku Bank
Website https://landing.softspace.com.my/fasspay_jpn/

Business Expansion Structure in Japan

Presence of a Japan Branch Yes Japanese Language Support Yes
Status of Discussion in Japan August 2024: Registered establishment of a Japanese Corporation.
Other Raised funds from Sumitomo Mitsui Card and JCB.

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