Tagged: japan

Swiss Innovation Agency Innosuisse to Help Startups with Expanding Businesses to Japan, South Korea

Startups currently being supported by the Swiss Innovation agency Innosuisse will soon have the option to visit Japan or South Korea in order to expand their businesses globally. These initiatives will be supported and facilitated by setting up two new camps this year to address… Read More

Binance to Exit Ontario, Canada Markets, Following Crypto Regulatory Crackdown by OSC

Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s management confirmed on Friday (June 25, 2021) that all Ontario-based customers need to close out their active positions by… Read More

NEM Ventures Expands Early-Stage Ecosystem after Launch of Symbol, a Next-Gen Enterprise Blockchain

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More

Japan: GMO Internet Group and INX Limited Partner on Stablecoins

INX Limited has announced a partnership with GMO-Z.com Trust Company, Inc. The collaboration aims to offer the world’s first regulated stablecoin backed by the Yen or GYEN and made available to both retail and institutional customers. INX will also be integrating GMO Trust’s USD-backed stablecoin,… Read More

Plug and Play Japan Announces Startups For Summer/Fall 2021 Batch

‘   Plug and Play Japan announced on Monday it has selected a total of 91 Japanese and international startups for its Summer/Fall 2021 program batch. The startups, which were notably selected by 44 corporate partners, will be joining the following programs, IoT, Fintech, Insurtech,… Read More

Quasi Quantum Tech in Financial Trading being Tested by Toshiba and Dharma Capital

Japanese technology giant Toshiba is reportedly working with Dharma Capital to test out the use of quasi-quantum tech in financial trading. The trial, carried out by Toshiba and Dharma Capital, will look into the effectiveness of high-frequency trading (HFT) strategies for listed stocks in Japanese… Read More

Financial Management: Fintech InvestCloud Launches Wealth Advisor Platform by Japan’s Largest Bank, MUFG

InvestCloud, a global Fintech company serving large banks, wealth management platforms and fund managers, revealed that it has launched its Wealth Advisor Platform by Mitsubishi UFJ Financial Group (MUFG), which is the largest bank in Japan and also one of the world’s largest financial institutions… Read More

Bank of Japan Official Says China’s Digital Yuan Will Not Pose Threat to US Dollar’s Position as Global Reserve Currency

A senior Bank of Japan (BoJ) official has stated that China’s digital renminbi will not be able to pose a threat to the US dollar’s dominant position as the global reserve currency. As reported by Bloomberg, Kazushige Kamiyama, who heads the BoJ’s payment systems division… Read More

CBDCs: Bank of Japan Reveals it has Officially Begun Phase 1 of its Digital Currency Tests

The Bank of Japan (BoJ) revealed on Monday (April 5, 2021) that it has officially started Phase 1 of its central bank digital currency (CBDC) pilots and related experiments. The initial phase of testing will mainly focus on assessing the basic functions of CBDCs as… Read More

Hong Kong Monetary Authority Confirms Launch of System for Cross-Currency Securities Transactons with Bank of Japan Financial Network System

The Hong Kong Monetary Authority (HKMA) has confirmed the launch of the delivery-versus-payment (DvP) link for cross-currency securities transactions between the Hong Kong dollar (HKD) CHATS and the Bank of Japan (BoJ) Financial Network System. These transactions wll reportedly involve Japanese Government Bond (BOJ-NET JGB) Services…. Read More

Japanese Buy Now Pay Later Brand Paidy Raises $120 Million Through Series D Funding Round

  Paidy, a Japan-based buy now pay later brand, announced on Wednesday it raised $120 million through its Series D funding round, which included participation from JS Capital Management LLC, Soros Capital Management LLC,  Tybourne Capital Management Ltd, and Wellington Management. Paidy reported that since late… Read More

CBDCs: Bank of Japan Confirms Plans for “Preparing Thoroughly” to Potentially Launch a Central Bank Digital Currency

The Bank of Japan (BoJ) has confirmed that it is getting ready to work on a national virtual currency. Haruhiko Kuroda, governor of the 138-year-old institution, stated that the BoJ, the nation’s reserve bank, would begin “preparing thoroughly” for a future that may include a… Read More

OurCrowd Forms Partnership with Japan’s NTT Finance

OurCrowd has revealed that NTT Finance, a subsidiary of NTT Group (Nippon Telegraph and Telephone), will establish NTT Finance Israel LP in partnership with OurCrowd. According to OurCrowd, NTT Finance will initially commit $15 million for a dedicated investment program. OurCrowd will provide early access… Read More

New Delhi based SATYA MicroCapital, a Micro Lending Firm, Secures Over $21M in Additional Funding

SATYA MicroCapital, a fast-growing micro-lending firm based in India, has reportedly secured INR 153 Crore (appr. $21 million) in funding from Japan’s Gojo & Company. The microfinance lender confirmed that the recent investment acquired is one of the largest capital infusions it has received (and… Read More

Mogo’s Subsidiary Carta Worldwide Set to Expand into Japan

  Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly-owned subsidiary, Carta Worldwide, has expanded into Japan in support of the TransferWise launch of its multi-currency debit card in the country. According to Mogo, Carta’s modern open-API issuer… Read More

Malaysia based Fintech Soft Space Partners GMO Financial Gate to Offer Payment Solutions to Japanese Consumers

Malaysia-based Fintech firm Soft Space has teamed up with Japan’s GMO Financial Gate (GMO-FG), a payment service provider, in order to offer payments solutions to Japanese consumers. Through the partnership, Soft Space will be supporting the secure and seamless Europay, Mastercard, and Visa (EMV) transactions…. Read More

First Ever Ethereum based, Japanse Yen backed Stablecoin Introduced by Tokyo’s GMO Internet Inc.

Tokyo-based GMO Internet Inc., an Internet conglomerate, has reportedly been granted approval from the New York Department of Financial Services (NYDFS) to form a limited purpose trust company, GMO-Z.com Trust Company, Inc. Through this initiative, the company will issue the very first regulated Japanese Yen-pegged… Read More

Chainalysis Teams Up with Japanese System Integrators Hitachi and SB C&S to Enhance its Compliance Network

Blockchain analysis firm Chainalysis has teamed up with top Japanese system integrators in order to boost its compliance network. Chainalysis announced on December 7, 2020, that it has partnered with Japan-based system integrators Hitachi and SB C&S. These firms are the latest to join Chainalysis’… Read More

Top 100 Banks in the World are “Reinventing” Themselves by Leveraging Blockchain or Distributed Ledger Technology: Report

The team at Security Token Advisors, which aims to “reinvent” finance with security tokens, reveals that the world’s top 100 banks in terms of assets under management (AUM) are learning how to “reinvent themselves” with blockchain or distributed ledger technology (DLT). The Security Token Advisors… Read More

ORIX Corporation Invests $60 Million into OurCrowd, Will Collaborate on Financial Products

Leading global online investing marketplace OurCrowd has received a $60 million investment from ORIX Corporation (NYSE:IX). Orix is a Japan based financial services firm that offers lending, investment, life insurance, banking, asset management, real estate, and more. ORIX operates globally with offices in 37 countries… Read More

Send this to a friend