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 $43M in funding from Isetan Mitsukoshi Holdings and Mizuho Bank. The company has 1248 active competitors, including 118 funded and 48 that have exited. Its top competitors include companies like Plum, Jupiter and Cleo.
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
$43M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 1248 active competitors
Annual Revenue
$100M - $500M as on Nov 30, 2023
Employee Count
1,187 as on Sep 30, 2026
Exit Details
Public
Legal entities associated with Money Forward
Money Forward is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Money Forward Co., Ltd. CIN: 11101063359 , Japan, Active | May 01, 2012 | $100M - $500M (As on Nov 30, 2023) | - | - |
MONEY FORWARD INDIA PRIVATE LIMITED CIN: U62099TN2023FTC159565 , India, Active | Apr 13, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
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
Sign up to download Money Forward's company profile
Money Forward's funding and investors
Money Forward has raised a total funding of $43M 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 25 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 | 5057821 | Series D | 3212811 | 4316053 | 8068801 | 2171851 |
Oct 22, 2015 | 5599071 | Series C | 6072566 | 2038128 | 4761219 | |
Dec 19, 2014 | 3936972 | Series B | 9551031 | 5316048 | 6259396 |
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 1,187 employees as of Sep 26. Here is Money Forward's employee count trend over the years:
Uncover Money Forward's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Money Forward's Competitors and alternates
Top competitors of Money Forward include Plum, Jupiter and Cleo. Here is the list of Top 10 competitors of Money Forward, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | $43M | 86/100 | |
2nd | Plum 2016, London (United Kingdom), Series B | AI-based automated spend management platform for individuals | $75.8M | 80/100 | |
3rd | Online platform offering a suite of financial services | $201M | 80/100 | ||
4th |  Cleo Wilmington (United States), Acquired | AI-powered personal finance app that helps users track spending, build savings habits, and improve money management | $175M | 79/100 | |
5th | Mint 2006, Mountain View (United States), Acquired | Provider of online personal finance management tools | $78.5M | 78/100 | |
6th |  Monarch 2018, Covina (United States), Series B | Online platform for expense management for couples, advisors, and employers | $94.8M | 74/100 | |
7th | Provider of an online lending platform offering point of sale financing | $206M | 74/100 | ||
8th | Expensify 2008, San Francisco (United States), Public | Provider of expense management software, corporate cards, and travel booking | $27.8M | 74/100 | |
9th | App-based platform for personal financial management and personal loans | $54.8M | 72/100 | ||
10th | Toss 2011, Seoul (South Korea), Series G | Provider of an app-based platform for banking investment and insurance management | $1.25B | 68/100 |
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 37 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) |
Want to know more about where corporates are investing? Sign up today!See all investments by Money Forward
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 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
•
WineBank Raises Over 360 Million Yen in Series A FundingPR TIMES•Mar 24, 2026•Mizuho Financial Group, Wine Bank, Money Forward
•
BellFace Inc., which develops AI-based sales productivity solutions, raises fundsStartup Log•Jan 19, 2026•HIRAC FUND, BellFace, Spiral Capital, Money Forward
•
Sleek Secures US$23 Million in Series B Funding to Expand Digital ServicesFinTechnews•Jun 10, 2025•Sleek, Ellerston Capital, Money Forward
•
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
•
Mesh raises $82m for crypto payments networkFinextra•Mar 12, 2025•Mesh Payments, PayPal Ventures, Paradigm Spine, Consensys and 20 others
•
Mesh secures USD 82 million in Series B funding roundThe Paypers•Mar 12, 2025•Mesh, Paradigm, Consensys, QuantumLight and 4 others
•
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
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Money Forward
Explore our recently published companies
- Homeschool Facts - Unfunded company
- Canbas Bio - Tangerang based, 2018 founded, Unfunded company
- BioNordika - Finland based, 1995 founded, Public company
- Shangkentech.com - 2018 founded, Unfunded company
- Innovsense.com - 2022 founded, Unfunded company
- Jupho - Mumbai based, Unfunded company
