Infcurion, Inc. · TSE:438A
Infcurion — FY2025 Earnings Presentation
77 slides from Infcurion's earnings presentation, May 11, 2026
Slide 1: Full-Year Financial Results for FY2025
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail. Full-Year Financial Results for FY2025 May 11, 2026 Inf
Slide 2: FY2025 Financial Highlights
Executive Summary FY2025 Financial Highlights Post-IPO Growth: Revenue & GP Surpass Mid-Term Targets • Revenue grew 32.5% and gross profit 43.0% YoY, driven by Stock Revenue from B2B GTV growth and Flow Revenue from mobility terminal rollouts Consolidated • In our first listed year, revenue growth s
Slide 3: FY2025 Financial Highlights
Executive Summary FY2025 Financial Highlights • Expanded Xard & Winvoice use cases boosted B2B GTV, stock revenue, and consolidated performance • Operating leverage improved margins, with EBITDA beating the revised forecast at ¥560M B2B GTV Gross Profit EBITDA (Unit: JPY 100 Million) (Unit: JPY Mill
Slide 4: Contents
1. FY2025 Financial Results 05 2. Segment Overview 17 Contents 3. Key Focus Areas for FY2026 22 4. FY2026 Forecast 32 5. Appendix 39 ©2026 Infcurion, Inc.
Slide 5: 1. FY2025 Financial Results
1. FY2025 Financial Results ©2026 Infcurion, Inc.
Slide 6: Consolidated Financial Results Summary
1. FY2025 Financial Results Consolidated Financial Results Summary FY2025 Initial Forecast FY2025 FY2024 (Disclosed October 24) Unit: JPY Million Full-year Full-year Change Change (%) Full-year Change Revenue 9,505 7,174 +2,331 +32.5% 9,000 +506 Gross Profit 4,559 3,189 +1,370 +43.0% 4,300 +260 Gros
Slide 7: Segment Performance Summary
1. FY2025 Financial Results Segment Performance Summary FY2025 Initial Forecast FY2025 FY2024 (Disclosed October 24) Unit: JPY Million Full-year Full-year Change Change (%) Full-year Change Segment Revenue 9,505 7,174 +2,331 +32.5% 9,000 +506 Payment Platform 5,289 3,659 +1,629 +44.5% 5,000 +289 Mer
Slide 8: Year-on-Year Changes in Revenue and Profit
1. FY2025 Financial Results Year-on-Year Changes in Revenue and Profit YoY Bridge: Revenue to EBITDA YoY Change (Full-year) ( ) indicates YoY growth rate Consulting Revenue (Unit: JPY Million) Other Stock Revenue • Increased fixed fees from +237 -28 expanded product adoption COGS (-1.9%) (+14.8%) •
Slide 9: Revenue: Continued Growth Driven by Both Flow and Stock Revenue
1. FY2025 Financial Results Revenue: Continued Growth Driven by Both Flow and Stock Revenue • Payment segment: Revenue growth driven by higher stock revenue from B2B GTV growth & "Trunk" development revenue • Merchant segment: Strong performance from accelerated payment terminal rollout in the mobil
Slide 10: Gross Profit: Improving Margin Trend Continues
1. FY2025 Financial Results Gross Profit: Improving Margin Trend Continues • GP rose 43.0% YoY, driven by a 3.5 ppt YoY margin improvement • The GP margin trend is improving, supported by growth in high operating leverage stock revenue Gross Profit & Gross Profit Margin (% of Revenue) COGS (Unit: JP
Slide 11: SG&A
1. FY2025 Financial Results SG&A • SG&A rose due to new Winvoice GTV variable costs, one-time bonuses (~¥100M), & an increase in size-based business tax. However, SG&A ex-variable costs is expected to remain stable via business optimization & AI utilization. SG&A Expenses SG&A Ratio (% of Revenue) (
Slide 12: EBITDA: Surged Roughly 3x YoY
1. FY2025 Financial Results EBITDA: Surged Roughly 3x YoY • EBITDA roughly tripled YoY to ¥560M • Continuous profitability improvements drove a 3.3 ppt YoY increase in EBITDA margin to 5.9% EBITDA EBITDA Margin (% of Revenue) (Unit: JPY Million) +197.4% (Unit: %) 560 5.9% 188 2.6% -8.2% -481 -13.8%
Slide 13: B2B GTV / Client Base: Growth Pace Accelerates
1. FY2025 Financial Results B2B GTV / Client Base: Growth Pace Accelerates • New client acquisitions & high growth from SaaS clients are driving client base growth • Scaling growth by leveraging the customer bases of expanding financial and enterprise projects B2B GTV / Client Base 1 Broader Service
Slide 14: Balance Sheet Status
1. FY2025 Financial Results Balance Sheet Status • The ¥2.6B capital raise from our TSE Growth listing enables agile strategic investments • We are offsetting higher Winvoice Accounts Receivable (AR) from B2B GTV growth by speeding up the cash cycle Balance Sheet (Summary) | March 31, 2026 Winvoice
Slide 15: Cash Flow Status: Enabling Reinvestment of Cash Flows
1. FY2025 Financial Results Cash Flow Status: Enabling Reinvestment of Cash Flows • Substantive free cash flow, excluding temporary working capital fluctuations related to Winvoice, was ¥464 million. • Having entered a profit growth phase, we expect our cash flow generation to strengthen continuousl
Slide 16: Employees: Continuous Improvement in Labor Productivity
1. FY2025 Financial Results Employees: Continuous Improvement in Labor Productivity • A group structure driving both products & consulting was built via flexible talent allocation • Labor productivity is continuously improving through active AI use (products & operations) & stock revenue expansion N
Slide 17: 2. Segment Overview
2. Segment Overview ©2026 Infcurion, Inc.
Slide 18: Payment Platform: Stock Revenue Drives Performance Growth
2. FY2025 Segment Overview Payment Payment Platform: Stock Revenue Drives Performance Growth • Stock revenue doubled due to higher B2B GTV from Xard & Winvoice, driving segment sales growth • The full-year loss is decreasing as we shift to a stock revenue-focused model for near-term profitability Se
Slide 19: Product Revenue Recognition: Xard (Net), Winvoice (Gross)
2. FY2025 Segment Overview Payment Product Revenue Recognition: Xard (Net), Winvoice (Gross) • While variable costs rose from large Winvoice deals, stock-based marginal profit grew ~1.6x • Plannig to cut the variable cost ratio by migrating some Winvoice acquiring to our in-house system Segment Stoc
Slide 20: Merchant Platform: Terminal Rollout Ahead of Schedule
2. FY2025 Segment Overview Merchant Merchant Platform: Terminal Rollout Ahead of Schedule • Segment performance grew significantly from an accelerated large-scale terminal rollout for the mobility industry • Launched an acquiring system, aiming to improve profitability & accumulate stock revenue via
Slide 21: Consulting: Strengthening Intra-Group Collaboration
2. FY2025 Segment Overview Consulting Consulting: Strengthening Intra-Group Collaboration • Profitability temporarily improved (48.8% profit increase) due to a concentration of high-yield projects using internal resources • Strengthening intra-group collaboration for product expansion, including per
Slide 22: 3. Key Focus Areas for FY2026
3. Key Focus Areas for FY2026 ©2026 Infcurion, Inc.
Slide 23: Rapid AI Advances Intensify the Pressure to Modernize
3. Key Focus Areas for FY2026 AI-Driven Change Makes Modernizing Financial Infrastructure Rational Rapid AI Advances Intensify the Pressure to Modernize Legacy Infrastructure: Modern Infrastructure: Spiraling Maintenance Costs Lowering the Barrier to Migration Legacy Platforms Lose Their Competitive
Slide 24: External Environment: Update Since Mid-Term Strategy
3. Key Focus Areas for FY2026 External Environment: Update Since Mid-Term Strategy AI's rapid progress is a major catalyst, speeding the transition from legacy systems to embedded Fintech. Payments & Financial Services Financial Institutions (Banks, Card Companies, Regional Institutions) • Challenge
Slide 25: Modernizing Japan's Payment Backbone
3. Key Focus Areas for FY2026 Modernizing Japan's Payment Backbone Leading the SaaS × Fintech Intersection NEXT Japan's Core Payment Infrastructure With over 100,000 clients & B2B GTV growing 13x in 3 Now powering the core payment years, our dominant market position in SaaS payments infrastructure t
Slide 26: Deepening the Alliance with SMBC Group
3. Key Focus Areas for FY2026 Deepening the Alliance with SMBC Group Participating in Sumitomo Mitsui Card’s next- generation corporate platform powered by “Xard.” NEXT Positioned as a core component of the SMBC Group’s main infrastructure (Ongoing phased expansion into other business segments.) Sch
Slide 27: B2B GTV Growth Strategy (Customer Expansion × Take Rate Improvement)
3. Key Focus Areas for FY2026 B2B GTV Growth Strategy (Customer Expansion × Take Rate Improvement) Scaling B2B GTV by expanding customer base and enhancing value proposition Payment Infrastructure Payment Gateway Business Wallet Issuing Acquiring PSP Merchant Domain Buyer Seller B2B B2C Expanding ou
Slide 28: Issuing: Expanding Our Service Areas and Capabilities
3. Key Focus Areas for FY2026 1 Issuing: Expanding Our Service Areas and Capabilities By expanding our service areas and functions, Sequentially we aim to grow our customer base, driving higher GTV and releasing improved take rates Receivables Mgmt & new features AI Fraud Collection Detection Phased
Slide 29: Introducing Axios: A Fully Cloud-Native Acquiring Platform
3. Key Focus Areas for FY2026 2 Introducing Axios: A Fully Cloud-Native Acquiring Platform • Launched a full-cloud acquiring platform with CCI Group using Visa solutions • Japan’s first to support deposit-backed stablecoin processing, offering high flexibility and significantly lower implementation
Slide 30: Expanding Use Cases by Centralizing B2B Billing & Payments
3. Key Focus Areas for FY2026 3 Expanding Use Cases by Centralizing B2B Billing & Payments • Building an end-to-end B2B payment ecosystem, starting with Winvoice • Capturing all inter-business transactions to drive GTV growth via broader use cases Evolving into a comprehensive platform covering all
Slide 31: FY2026 Focus: Building Order Intake System for Large-Scale Flow Projects
3. Key Focus Areas for FY2026 FY2026 Focus: Building Order Intake System for Large-Scale Flow Projects • The Payment Platform Business expects >40% growth in stock & flow revenue from its dual-engine model. However, upfront costs are needed to strengthen the order intake system for higher-than-expec
Slide 32: 4. FY2026 Forecast
4. FY2026 Forecast ©2026 Infcurion, Inc.
Slide 33: Summary of FY2026 Forecast
4. FY2026 Forecast Summary of FY2026 Forecast On track for mid-term goals, backed by modernization tailwinds • Despite a YoY dip from last year's front-loaded terminal rollout, on track with mid-term Revenue targets (vs. FY2024 base) Gross • Financial system modernization is accelerating, expanding
Slide 34: FY2026 Full-Year Forecast
4. FY2026 Forecast FY2026 Full-Year Forecast FY2026 FY2025 Full-year Full-Year Unit: JPY Million Change Change (%) Forecast Results Revenue 11,200 9,505 +1,694 +17.8% Gross Profit 5,500 4,559 +940 +20.6% Gross Profit Margin 49.1% 48.0% +1.1p Operating Profit 600 440 +160 +36.3% Operating Margin 5.4%
Slide 35: Forecast vs. Mid-Term Targets (Consolidated)
4. FY2026 Forecast Forecast vs. Mid-Term Targets (Consolidated) FY26 includes upfront costs to build FY25 significantly beat initial forecasts teams for large projects FY26 growth planned in line with mid-term targets (FY24 baseline) Cost structure to be optimized in stages from FY27 Revenue Gross P
Slide 36: Forecast vs. Mid-Term Targets (by Segment)
4. FY2026 Forecast Forecast vs. Mid-Term Targets (by Segment) Exceeding mid-term targets Maximize group revenue with Payment Platform synergy and driving consolidated Leverage acquiring system to improve profitability growth Expand products by redeploying consultants Payment Platform Merchant Pl
Slide 37: Quarterly Earnings Outlook: Profit Growth Accelerating in H2
4. FY2026 Forecast Quarterly Earnings Outlook: Profit Growth Accelerating in H2 Profit growth to accelerate in H2 SG&A rose from Q3, driven by post-listing Temporary GP dip as Payment Platform becomes governance upgrades, one-time bonus provisions, from high YoY comp on and an increase in size-based
Slide 38: Strategic Allocation of Capital and Resources
4. FY2026 Forecast Strategic Allocation of Capital and Resources • IPO funds and free cash flow generation provide cash for strategic investments • To boost long-term value, we'll pursue growth investments (organic + M&A), with annual reviews linking strategy to capital allocation 1. Organic Growth
Slide 39: 5. Appendix
5. Appendix ©2026 Infcurion, Inc.
Slide 40: Appendix Quarterly Performance Trends
Appendix Quarterly Performance Trends ©2026 Infcurion, Inc. 40
Slide 41: Revenue Structure
Appendix. Quarterly Performance Trends Revenue Structure • Our revenue is split into "flow," "stock," & "consulting" revenue • Usage-based stock revenue (based on transaction value/volume) is the primary driver of sustained revenue growth Payment Merchant Consulting Platform Platform Sales of paymen
Slide 42: Revenue Trends by Business Segment
Appendix. Quarterly Performance Trends Revenue Trends by Business Segment Revenue by Business Segment YoY +27.8% (Unit: JPY Million) 2,674 Payment 2,551 Merchant 2,286 YoY 2,161 Consulting 1,995 1,992 1,853 1,572 1,708 1,617 1,134 1,615 +57.8% 1,041 1,361 1,023 967 1,318 1,246 1,256 1,209 982 1,080
Slide 43: Revenue Trends by Category
Appendix. Quarterly Performance Trends Revenue Trends by Category Revenue by Category YoY +27.8% (Unit: JPY Million) 2,674 Flow Revenue 2,551 Stock Revenue 2,286 YoY 2,161 Consulting Revenue 1,995 1,992 1,250 1,853 1,166 +15.9% 1,708 1,617 1,184 1,361 1,321 1,005 982 1,318 859 1,246 1,256 1,209 831
Slide 44: Trends in Gross Profit
Appendix. Quarterly Performance Trends Trends in Gross Profit Gross Profit (Unit: JPY Million) 55.9% 51.5% 50.8% 51.2% 48.2% 48.1% 46.1% 46.2% Gross Profit Margin 44.1% 44.4% 44.4% 44.6% 43.2% 42.0% 40.3% YoY +33.1% 33.3% 1,370 1,226 1,098 1,102 921 854 860 737 761 651 604 556 524 537 487 417 1Q 2Q
Slide 45: Trends in SG&A Expenses
Appendix. Quarterly Performance Trends Trends in SG&A Expenses SG&A Expenses (Unit: JPY Million) 73.2% 68.7% 70.5% 59.0% 61.4% 57.8% 53.2% 45.1% 45.8% 47.2% 43.9% 41.4% 40.0% 40.9% 38.3% 37.4% SG&A to Revenue Ratio 1,224 1,203 229 205 ■ WV Fees*1 919 852 876 ■ Other 835 808 825 814 156 145 720 123 7
Slide 46: Trends in EBITDA
Appendix. Quarterly Performance Trends Trends in EBITDA EBITDA (Unit: JPY Million) 307 258 183 124 109 54 63 54 22 -61 -68 -177 -219 -262 -306 -492 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2022 FY2023 FY2024 FY2025 ©2026 Infcurion, Inc. Note: Figures prior to FY2024 are unaudited. 46
Slide 47: Payment Platform Business
Appendix. Quarterly Performance Trends Payment Payment Platform Business Segment Revenue YoY +57.8% Segment Profit (Unit: JPY Million) (Unit: JPY Million) 1,615 90 YoY +80M 1,572 44 Flow Revenue 10 10 Stock Revenue -9 -2 1,134 872 819 -45 1,041 1,023 982 967 -81 -82 925 -141 728 719 -173 -177 -178 6
Slide 48: Merchant Platform Business
Appendix. Quarterly Performance Trends Merchant Merchant Platform Business Segment Revenue YoY +8.5% Segment Profit (Unit: JPY Million) (Unit: JPY Million) YoY -16.9% 217 763 733 736 183 Flow Revenue 143 619 617 Stock Revenue 569 108 503 512 464 429 453 79 292 65 421 324 407 271 390 214 351 351 214
Slide 49: Consulting Business
Appendix. Quarterly Performance Trends Consulting Consulting Business Segment Revenue Segment Profit (Unit: JPY Million) (Unit: JPY Million) YoY +8.9% YoY -20.9% 169 154 151 402 406 386 384 388 366 370 365 361 358 345 349 335 314 318 117 112 297 102 103 97 92 91 76 77 66 56 48 31 1Q 2Q 3Q 4Q 1Q 2Q 3
Slide 50: Trends in B2B GTV & Payment Platform Client Companies
Appendix. Quarterly Performance Trends Trends in B2B GTV & Payment Platform Client Companies Payment Platform Client Companies and B2B GTV (Unit: Companies / JPY Billion) +52.5% 122,000 106,808 3,000 96,164 102,000 2,500 86,597 77,561 Payment Platform Client Companies 82,000 70,036 2,057 62,237 2,00
Slide 51: Trends in Number of Employees
Appendix. Quarterly Performance Trends Trends in Number of Employees Number of Employees (Unit: People) Development Engineers Planning & Operations Consultants Sales Corporate & Others 388 374 362 351 330 76 316 321 318 76 305 306 68 293 66 275 59 63 61 61 41 64 59 40 40 57 37 50 33 36 29 31 32 36 2
Slide 52: Appendix Company Overview
Appendix Company Overview ©2026 Infcurion, Inc. 52
Slide 53: Company Overview
Appendix. Company Overview Company Overview Company Name Infcurion, Inc. Location 7F MFPR Kojimachi Building, 5-7-2 Kojimachi, Chiyoda-ku, Tokyo Established May 1, 2006 Representative Hiroki Maruyama Share Capital ¥1,461 million *As of March 31, 2026 Number of Employees 388 *As of March 31, 2026 Bus
Slide 54: Accomplish the Infeasible, Starting from Payments.
Appendix. Company Overview Our Mission Accomplish the Infeasible, Starting from Payments. Bringing fintech to every corner of the economy - as the enabler of change in payments Manufacturing Construction Retail Infrastructure Mobility Telecommunication Food & Beverage Service B2B Saas domain B2C dom
Slide 55: Our Value Proposition
Appendix. Company Overview Our Value Proposition Providing Next-gen Payment Infrastructure through Open Platform Next-Gen Payment and Financial Services Development International Card Issuance Building Original Pay Platform Payment Solutions for Invoice Payment DX Platform Businesses ©2026 Infcurion
Slide 56: Infcurion's Business Overview
Appendix. Company Overview Infcurion's Business Overview Reaching a vast market by embedding into service providers across all industries Service Providers Market Size Financial Institutions B2B Payment Market 1 Retail Companies ¥1,193 Trillion SaaS Companies B2C Payment Market 2 ¥330 Trillion B2B B
Slide 57: Infcurion's Business Overview
Appendix. Company Overview Infcurion's Business Overview Providing a low-cost payment platform that seamlessly connects the entire payment process end-to-end Card Issuance Merchant Management Provision of Payment Methods Provision of Goods and Payment Services (Payment Platform) B2B Buyer Suppliers
Slide 58: From Advisor to Enabler: The Evolution of Infcurion's Business Domains
Appendix. Company Overview From Advisor to Enabler: The Evolution of Infcurion’s Business Domains Starting with consulting, we have evolved into a full-stack payment enabler through phased expansion of our business domains Full-cloud acquiring system (in development) Company founded Consulting servi
Slide 59: Leadership Team Driving Japan's Cashless Transformation
Appendix. Company Overview Leadership Team Driving Japan’s Cashless Transformation Director and Executive Officer, External Director COO Served as the Head of Japan's TMT After joining JCB as a new graduate, Sector at Morgan Stanley and currently he was responsible for formulating serves as Chairman
Slide 60: Business Segments
Appendix. Company Overview Business Segments Infcurion Enables Business Transformation Through Payment Innovations Merchant Platform Payment Platform Business Business Consulting Business An AI-native, cloud-based payment platform that enables financial The key enabler of retail From concept to laun
Slide 61: Competitive Advantage 1: Leading Position Across the Payment Domain
Appendix. Company Overview Competitive Advantage 1: Leading Position Across the Payment Domain A low-cost payment platform that seamlessly connects end-to-end by covering the entire payment spectrum B2C payment B2B Payment <Multilayered Payment Structure> Stores Sellers Expand Merchant Payment Payme
Slide 62: Competitive Advantage 2: Flexible & Lightweight Open Platform
Appendix. Company Overview Competitive Advantage 2: Flexible & Lightweight Open Platform An open platform that connects all businesses to payments <Conventional Industry Structure> <Infcurion's System Architecture> Inefficient structure, vertically siloed Providing all payment functions on a full-cl
Slide 63: Competitive Advantage 3: A Proven Growth Model Built on Consulting & Product Synergy
Appendix. Company Overview Competitive Advantage 3: A Proven Growth Model Built on Consulting & Product Synergy A land-and-expand model where consulting and products work in tandem. Product Delivery Business System Data Project Service Strategy Development Design Analytics Management Marketing UX/UI
Slide 64: Appendix Market Environment
Appendix Market Environment ©2026 Infcurion, Inc. 64
Slide 65: Cashless Payment Ratios in B2C Markets of Major Countries
Appendix. Market Environment Cashless Payment Ratios in B2C Markets of Major Countries Japan's domestic cashless payment ratio lags behind other countries, with significant room for future expansion. Cashless Payment Ratios by Major Countries (2022)* 99.0% 83.5% 75.9% 65.6% 64.2% 61.9% 56.4% 51.2% 4
Slide 66: B2C Cashless Market Trends in Japan
Appendix. Market Environment B2C Cashless Market Trends in Japan The government has set a target of achieving a 65% cashless payment ratio by 2030, with the aim of reaching 80% in the near future. Government‘s Trends in Domestic Cashless Payment Value and Ratio 1 Future Target 2 80% Unit: JPY Trilli
Slide 67: B2B Corporate Card Payments — Vast Untapped Potential
Appendix. Market Environment B2B Corporate Card Payments — Vast Untapped Potential Corporate card transaction volume in Japan's B2B commercial market is less than 1%, representing a market with enormous growth potential. Bank transfers Japan's corporate card ratio is account for about 1/10th of that
Slide 68: Social Challenges in Japan's Cashless Transition
Appendix. Market Environment Social Challenges in Japan's Cashless Transition Japan's cashless trend is moving towards industry-wide optimization, such as cloud-based shared systems. Complex Industry Structure of Credit Cards in Japan Recommendation from the Cashless Promotion Council * Brand Member
Slide 69: Industry Structure of Cashless Payments (Credit Card Case)
Appendix. Market Environment Industry Structure of Cashless Payments (Credit Card Case) Complex Structure of the Credit Card Industry in Japan Brand Membership Agreement Brand Membership Agreement International Card Brands Brand Fees Brand Fees Interchange Fees Acquirers Issuers Merchant acquisition
Slide 70: Appendix Business Overview
Appendix Business Overview ©2026 Infcurion, Inc. 70
Slide 71: Payment Platform Business
Appendix. Business Overview Payment Payment Platform Business • We enable clients to add card issuance & cashless payment functions by embedding our cloud-based payment & financial solutions via API • We provide an open payment platform that supports the adoption of digital payments Service User B2B
Slide 72: Merchant Platform Business
Appendix. Business Overview Merchant Merchant Platform Business • We provide a platform for businesses to promote in-store cashless/digital transactions • With our new acquiring system, we will offer a one-stop service for the merchant domain, adding to our existing terminals, apps, & networks Buyer
Slide 73: Consulting Business
Appendix. Business Overview Consulting Consulting Business • Established a solid position as a firm in the payment and financial domain through 20 years of experience, knowledge, and deep expertise • Demonstrates synergy through aerial product development utilizing a broad perspective gained from co
Slide 74: "Wallet Station" Mobile Payment Platform
Appendix. Business Overview Payment “Wallet Station” Mobile Payment Platform • A comprehensive platform providing all essential components for "Brand Pay," from 2D code and loyalty point payments to digital topping-up features B2B Businesses User Features Store Integration Payments Payment Code Paym
Slide 75: "Xard" Next-Gen Card Issuing Platform
Appendix. Business Overview Payment “Xard” Next-Gen Card Issuing Platform • A cloud-based solution for effortless and low-cost issuance of international brand cards Service Providers Client Companies Key Benefits for Corporates (Example: Accounting SaaS) Zero Reimbursements: Open API Integration U
Slide 76: "Winvoice" Invoice Payment Platform
Appendix. Business Overview Payment “Winvoice” Invoice Payment Platform • A platform that enables businesses to integrate credit card payment functionality for invoices into their own services quickly and cost-effectively Benefits for Buyers (Payors) Bank Transfers Traditional Invoice Issuance Imp
Slide 77: ©2026 Infcurion, Inc.
©2026 Infcurion, Inc.