Suspension of Remittances of Funds Raised by Airfunding to Project Owners in Russia

Kiheitai Corporation

Last updated March 4, 2022

As of the present time, we regret to inform you that in Russia, where Kiheitai Inc. provides Airfunding services, particularly crowdfunding projects launched after March 1, 2022, we can no longer remit funds as our payment partners cease their operation in Russia on that above said date.

We are using Wize and Azimo for remittances to Russia, but due to the recent global economic activity, remittances using both services have become impossible. Airfunidng team is currently exploring various ways to make payment possible in this country however, we might need 3 to 4 months’ time to resolve this issue as almost all types of remittance is not possible.,

We deeply apologize for the inconvenience this has caused the project owners.

We will inform you the soonest as there is progress on both remittance services.

The Airfunding team sincerely prays for peace and for the safety of all people living in both Russia and Ukraine.

Ryosuke Abe

Kiheitai

President and Representative Director