Published in Tokyo FinTech·3 hours agoMizuho Bank Invests in Indonesia’s Digital Finance Company KredivoMizuho Bank, a subsidiary of Mizuho Financial Group, has invested USD 125m (approximately JPY 17bn) in Kredivo, a provider of digital financial services, mainly operating in Indonesia.Japan3 min readJapan3 min read
Published in Tokyo FinTech·6 hours agoFinancial Service Intermediary License UpdateJapan’s revised “Act on Provision of Financial Services” came into effect in November 2021, and with it a new, cross-sector Financial Service Intermediary Business license was introduced. …Japan3 min readJapan3 min read
Published in Tokyo FinTech·1 day agoECB launches new T2 wholesale payment systemEurosystem’s new real-time gross settlement (RTGS) system and central liquidity management tool went live on 20 March 2023 New consolidated payment system successfully completed first day of operations Upgraded system to contribute to harmonisation and efficiency of Europe’s financial markets The Eurosystem has successfully launched the new T2 wholesale payment…Europe2 min readEurope2 min read
Published in Tokyo FinTech·1 day agoNomura’s Laser Digital invests in ClearToken digital asset clearing houseNomura’s digital assets subsidiary, Laser Digital, has announced a strategic investment in ClearToken, a startup that will introduce a clearing house to the digital asset marketplace, enabling the scale and structure required for mass institutional engagement with digital assets. As part of Laser’s strategic investment, its CEO, Dr. …Japan2 min readJapan2 min read
Published in Tokyo FinTech·3 days agoInvestors expect to retire 3 years earlier than non-investors, YouGov-ADDX survey findsPeople who invest their wealth expect, on average, to retire 3 years earlier than non-investors, a survey by global market research firm YouGov commissioned by private market exchange ADDX has found. The retirement expectation gap is more pronounced in the case of investors with allocations to private market assets, who…Startup4 min readStartup4 min read
Published in Tokyo FinTech·5 days agoFINOPITCH 2023 winners announcedFINOPITCH was launched in 2021 to showcase startup innovations and business models and to expand opportunities for domestic and international to markets. …Japan2 min readJapan2 min read
Published in Tokyo FinTech·Mar 17Venture debt firm Funds raises JPY 3.6bn in Series DVenture debt/debt financing company Funds, which operates the synonymous service, has raised around JPY 3.4bn in third-party equity allotment and JPY 200m in debt, in what it terms its Series D round. The equity round was led by Anri, with existing investors Global Brain, B Dash Ventures, ITOCHU Technology Ventures…Japan2 min readJapan2 min read
Published in Tokyo FinTech·Mar 11NRI plans to offer new BaaS platform starting in mid-2024Nomura Research Institute (NRI) announced that they will offer a new Banking-as-a-Service (BaaS) platform from mid-2024 onwards, integrating BIPROGY’s (formerly known as Nihon Unisys) BANKSTAR offering by providing API access and public cloud deployment options. For example, Seven Bank runs on BANKSTAR. …Japan2 min readJapan2 min read
Published in Tokyo FinTech·Mar 8Seoul FinTech Lab applications are open!The Seoul Fintech Lab has announced the opening of the application for their 2023 Fintech startup incubation program. Promising Fintech startups are encouraged to apply for the Seoul Fintech Lab Incubation Program which includes the opportunity to tap into the Seoul FinTech Lab’s global network and make use of a…Fintech3 min readFintech3 min read
Published in Tokyo FinTech·Mar 3Foreigner-friendly banking service GIG-A launched in Japan!G-Bank Technologies OÜ (Estonia) and its Japanese subsidiary GIG-A Inc. (GIG-A) have this week launched their multilingual (currently English, Vietnamese and Japanese) mobile financial service offering, allowing users to easily and inexpensively open bank accounts, manage their deposits and domestic remittances from a mobile app, thanks to API linkages with…Japan2 min readJapan2 min read
