NTT Investment Partners, a corporate venturing unit of Japan-based phone operator Nippon Telegraph & Telephone (NTT), has joined a consortium investing Y100m ($1.3m) in Royal Gate, which makes a credit card reader application available for both Android and iOS mobile phone operating systems.
Alongside NTT in the round were financial conglomerate Mizuho Capital and venture capital firm Venture Now.
It is the second investment from Mizuho Capital.