Olta

Established in April 2017, OLTA, Inc. operates in the Japanese fintech sector, addressing the funding challenges faced by small and medium-sized businesses (SMBs). The company was founded by Yuki Takushi, who serves as President and CEO. His background in the investment banking division at Nomura Securities, where he was involved in corporate fundraising, provided him with firsthand insight into the financial hurdles confronting smaller enterprises, which inspired OLTA's creation.

OLTA's core offering is "OLTA Cloud Factoring," Japan's first fully online factoring service. This platform enables businesses to procure short-term capital by selling their accounts receivable (unpaid invoices) rather than taking on debt. The service is designed for speed and accessibility, allowing both corporations and sole proprietors to apply online and receive a decision within 24 hours. By digitizing the process, OLTA provides a streamlined alternative to traditional loans, which can be slow and difficult for SMBs to secure. The company's business model is based on purchasing these invoices at a discount, with fees reportedly up to 9%. There are no upper or lower limits on the value of invoices that can be factored.

To complement its factoring service and further support SMBs, OLTA also operates "INVOY," an inflow and outflow management platform designed to streamline business operations. This ecosystem is expanded with the "INVOY Card," a corporate card. The company has secured significant funding, including a Series B round in June 2023, bringing its total funding to over $47 million from investors such as JAFCO Group, SBI Investment, and JCB. OLTA also pursues a B2B2X strategy, partnering with regional financial institutions across Japan to offer its cloud factoring service under their brand, expanding its reach to a wider client base.

Keywords: cloud factoring, fintech, SMB financing, accounts receivable, invoice financing, online lending, B2B finance, working capital, Japanese market, credit platform