Money Forward - About the company
Money Forward is a public company based in Minato City (Japan), founded in 2012 by Yosuke Tsuji. It operates as a Personal Finance Management with Multiple Account aggregation. Money Forward has raised $42.9M in funding from Isetan Mitsukoshi Holdings and Mizuho Bank. The company has 15 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Zaim, Dr. Wallet and Suikakeibo.
Company Details
Money Forward provides online personal accounting for individuals, allowing them to easily manage their daily expenses by integrating with their bank passbooks and credit purchase history with information scraped from their web bank and credit accounts automatically. It offers features like automatic transaction categorization, receipt scanning, manual cash inputs. The company also announced that it will launch a cloud-based accounting service for individual and corporate users, and it will also start publishing an online newsletter.
- Website
- moneyforward.com
- Social
Key Metrics
Founded Year
2012
Location
Minato City, Japan
Stage
Public
Total Funding
$42.9M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 15 active competitors
Annual Revenue
$100M - $500M as on Nov 30, 2023
Employee Count
1,143 as on May 31, 2026
Exit Details
Public
Legal entities associated with Money Forward
Money Forward is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Money Forward Co., Ltd. CIN: 11101063359 , Japan, Active | May 01, 2012 | $100M - $500M (As on Nov 30, 2023) | - | - |
Money Forward's IPO details
Money Forward got listed on Sep 29, 2017.
Click here to take a look at Money Forward's IPO in detail
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Money Forward's funding and investors
Money Forward has raised a total funding of $42.9M over 5 rounds. Its first funding round was on Mar 14, 2013. Its latest funding round was a Series D round on Oct 05, 2016 for $*****. 8 investors participated in its latest round. Money Forward has 23 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Money Forward:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 05, 2016 | 9220225 | Series D | 7693093 | 2303021 | 1835948 | 6105029 |
Oct 22, 2015 | 6601644 | Series C | 2192408 | 5068828 | 8034810 | |
Dec 19, 2014 | 6064316 | Series B | 5575681 | 7999129 | 6062310 |
Access funding benchmarks and valuations. Sign up today!View details of Money Forward's funding rounds and investors
Money Forward's founders and board of directors
Founder? Claim ProfileThe founders of Money Forward is Yosuke Tsuji.
Here are the details of Money Forward's key team members:
- Yosuke Tsuji: Founder & CEO of Money Forward. They are also an angel investor in 2 startups.
View details of Money Forward's Founder profiles and Board Members
Money Forward's employee count trend
Money Forward has 1,143 employees as of May 26. Here is Money Forward's employee count trend over the years:
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Money Forward's Competitors and alternates
Top competitors of Money Forward include Zaim, Dr. Wallet and Suikakeibo. Here is the list of Top 10 competitors of Money Forward, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Money Forward 2012, Minato City (Japan), Public | Personal Finance Management with Multiple Account aggregation | $42.9M | 85/100 | |
2nd | Personal financial management app | - | - | 46/100 | |
3rd | Dr. Wallet 2009, Tsukuba (Japan), Seed | Household account booking app | $1M | 45/100 | |
4th |  Suikakeibo 2017, Tokyo (Japan), Unfunded | Developer of application for managing IC card balance and history | - | - | 42/100 |
5th |  Smart Bank 2019, Shibuya (Japan), Series B | Digital bank for individuals | $42.8M | 42/100 | |
6th | Personal finance management app | - | 27/100 | ||
7th | East Light Software 2009, Shinjuku (Japan), Unfunded | Mobile solution to manage daily expenses. | - | - | 24/100 |
8th |  Horizonbudget 2019, Prague (Czech Republic), Unfunded | Cloud-based budget management platform | - | - | 24/100 |
9th |  MyDollars 2017, Wellington (New Zealand), Unfunded | Personal finance management and planning tool | - | - | 24/100 |
10th | Quick Money Recorder 2015, Tokyo (Japan), Unfunded | Manual budgeting app | - | - | 24/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Money Forward's competitors? Click here to see the top ones
Money Forward's Investments and acquisitions
Money Forward has made 36 investments in companies including Mikiwame and Sleek. Money Forward has also acquired 2 companies including Outlook Consulting and Smart Camp.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 12, 2026 | Investments | 2020 | Minato (Japan) | |
Jun 10, 2025 | Investments | 2017 | Singapore (Singapore) | |
Feb 05, 2025 | Investments | 2008 | Tokyo (Japan) |
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Reports related to Money Forward
Here is the latest report on Money Forward's sector:
News related to Money Forward
Filter this listMedia has covered Money Forward for a total of 2 events in the last 1 year.
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WineBank Raises Over 360 Million Yen in Series A FundingPR TIMES•Mar 24, 2026•Mizuho Financial Group, Wine Bank, Money Forward
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Sleek Secures US$23 Million in Series B Funding to Expand Digital ServicesFinTechnews•Jun 10, 2025•Sleek, Ellerston Capital, Money Forward
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Money Forward Unveils First Development Center In India To Acquire Highly Skilled TalentExcite Japan•Mar 18, 2025•Money Forward
•
Crypto payment company Mesh completes $82 million Series B financing, led by ParadigmPANews•Mar 12, 2025•Mesh, Paradigm, Consensys, QuantumLight and 14 others
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Mesh raises $82m for crypto payments networkFinextra•Mar 12, 2025•Mesh Payments, PayPal Ventures, Paradigm Spine, Consensys and 20 others
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Mesh secures USD 82 million in Series B funding roundThe Paypers•Mar 12, 2025•Mesh, Paradigm, Consensys, QuantumLight and 4 others
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FT Partners Served as Financial Advisor to Mesh on its $82,000,000 FinancingFT Partners•Mar 11, 2025•FT Partners, Mesh, QuantumLight, Yolo Investments and 5 others
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Lost Item Cloudfind raises 700 million yen in Series A fundingBiglobe•Dec 02, 2024•Hokkoku Bank, Mizuho Financial Group, MUFG, Dual Bridge Capital and 3 others
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