FilingReader Intelligence

Freee to acquire GMO creators network for freelancer expansion

July 23, 2025 at 01:09 AM UTCBy FilingReader AI

Freee K.K. will acquire all 3,833 shares of GMO creators network, making it a wholly-owned subsidiary on September 1, 2025. The deal aims to integrate GMO's "FREENANCE" financial services for freelancers with Freee's existing cloud ERP products.

GMO creators network provides same-day payment and liability insurance services for freelancers. As of December 2024, the company reported net assets of JPY -1.38 million and net losses of JPY 142,090, with sales of JPY 453,000.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:4478Tokyo Stock Exchange

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