Tagged: japan

Japan and Indonesia Sign Letters on Cooperation Framework Regarding Innovation in Financial Sector

Japan’s Financial Services Agency (FSA) and the Financial Services Authority of Indonesia (Otoritas Jasa Keuangan: OJK) have exchanged letters on Fintech Cooperation Framework “regarding Innovation in the financial sector.” This will lead to “increased exchanges regarding innovative trends and strengthen the cooperative relationship between the… Read More

Digital Banking: Minna Bank’s Service Attracts Over 400,000 Accts in First Year of Operation

Minna Bank, Ltd., Japan’s “first” digital bank, has recorded more than 1 million downloads of its mobile banking app and over 400,000 accounts have been “opened in its first year of commercial operations since May 28, 2021.” With the first “full” Cloud core banking system,… Read More

Securitize Tokenizes $500 Million Venture Fund Nemesis

Nemesis Technologies, a global venture capital fund, has enlisted the assistance of Securitize to tokenize a $500 million venture fund. Nemesis is based in Japan. Securitize is both a primary issuance platform and secondary trading market powering the future of digital securities. While based in… Read More

Digital Lending: JULO Raises $80 Million from Credit Saison

JULO, an online lender serving consumers in Indonesia, has raised $80 million in capital from Japan-based Credit Saison. The new funding is split between $30 million in equity plus a $50 million debt facility. Investors from previous rounds include Skystar Capital, Saratoga Investama, East Ventures,… Read More

NFTs: Japan’s Non Fungible Token Marketplace “tomonity” to Launch on IOST

Japanese web app developer Omochi has announced its pre-registration of “tomonity” NFT marketplace on the IOST blockchain. Tomonity’s “unique” benefits for its users reportedly include “free” transactions and a built-in wallet that “eliminates the pain of creating and importing a crypto wallet for new users.”… Read More

Japan based MUFG Bank to Invest $300M in Middle- to Late-Stage Indian Startups

MUFG Bank (NYSE:MUFG) recently revealed that it intends to invest as much as $300 million in middle- to late-stage Indian startups via the newly established MUFG Ganesha Fund. In the foreseeable future, MUFG stated that it would plan to strategically leverage its group strengths in… Read More

Japan Exchange Group (JPX) Announces Investment in Digital Asset Markets

Japan Exchange Group, Inc. (JPX) recently announced that it has “made a minority investment of JPY 360 million in Digital Asset Markets, Inc. as of February 25, 2022.” Through this investment, JPX aims to “strengthen its relationship with Digital Asset Markets, Inc., which enables trading… Read More

Seira Yun: Founder and CEO at Socious, a Fintech / Community App for Social Change, Explains How they Aim to Improve Lives

We recently connected with Seira Yun, the Founder & CEO at Socious, a Fintech/Community App for social change. Seira Yun, a Japanese serial social entrepreneur, full-stack developer, and impact angel investor told Crowdfund Insider that he’s interested in getting more involved in the decentralized/distributed autonomous… Read More

Digital Assets: Amber Group Purchases DeCurret Crypto Exchange

Amber Group has acquired DeCurret Inc., a crypto exchange subsidiary of DeCurret Holdings Inc. The transaction was completed by Amber Group subsidiary WhaleFin Holdings Japan K.K (WhaleFin Japan). The transaction enables Amber Group’s entry into Japan, having acquired a Crypto-Asset Exchange Service Provider (CAESP)  registered… Read More

Regtech: Crypto AML/CTF Solution Provider, Uppsala Security, Partners with Matrix USA

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security, has announced a new joint cooperation with Matrix USA, a US based firm that focuses on “building and strengthening business relationships in the… Read More

Queen Bee Capital and Nium Team Up to Streamline Cross-Border Payments via Japan

Global payments and card issuance platform Nium and Japanese payments firm, Queen Bee Capital (QBC) have teamed up to improve international transfer offerings for corporate and individual QBC clients across Japan. Through this partnership, QBC will leverage Nium’s advanced pay-out capability to offer real-time, cost-efficient,… Read More

Japan’s Credit Card Fintech Nudge Inc. Extends Pre-Series A Round with Capital from Sony Innovation Fund, Others

Nudge Inc., a “next-gen” credit-card provider and a future challenger bank based in Japan, announced that it has expanded its Pre-Series-A round with additional capital from Insignia Ventures Partners and the Sony Innovation Fund. The firm’s investment round has reportedly been led by Spiral Capital… Read More

Digital Securites Marketplace ADDX and Tokai Tokyo to Provide Security Tokens in Japan

ADDX and Tokai Tokyo will provde access to digital securities in Japan following the receipt of a security token license by the Japanese Financial Services Agency. ADDX, formerly known as iSTOX, is an online marketplace for digital securities including fractional shares. ADDX  has been approved… Read More

London Stock Exchange Group and Japan Exchange Group to Implement New Climate Indices

London Stock Exchange Group (LSEG) and the Japan Exchange Group (JPX) are expanding their partnership by implementing climate indices based on the TOPIX 500, which offers diversified exposure across Japan’s stock market. LSEG’s index division, FTSE Russell, JPX and the Tokyo Stock Exchange (TSE) are… Read More

Stefany Rojas: Head of Business Development at Kahuna Explains Benefits of Using their Blockchain based Social Media Network

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

Anti-Falsification Program Developed by AP.LLC and Ontology Currently Available to ZAICO Clients

Ontology Network, a high-performance, open-source blockchain focused on digital identity and data, writes in a blog dated October 1 that on September 21, 2021, Ontology, in collaboration with AP. LLC, a Japanese consulting company with “strong ties” to local research institutes and researchers, confirmed that… Read More

Cambridge Quantum Introduces Open-Source Version of TKET, a Hardware Agnostic Quantum SDK

Cambridge Quantum (CQ) is pleased to confirm that the latest version of TKET (pronounced “ticket”), their high-performance hardware-agnostic quantum software development kit (SDK), is completely open-source. Ilyas Khan, CEO at CQ, noted that they had first announced that TKET would be “available on an ‘open-access’… Read More

PayPal Pays $2.7 Billion for Japanese Buy Now, Pay Later Firm Paidy

PayPal (NASDAQ: PYPL) has announced the acquisition of buy now, pay later (BNPL) firm Paidy for $2.7 billion (¥300 billion) – mainly in cash. BNPL services have boomed in popularity as the services has emerged as an alternative to expensive credit card transactions. Paidy offers… Read More

Japanese BNPL Fintech Paidy Looking into Potential IPO this Year as Pay Later Services Become Wildely-Adopted

Japan-based Fintech firm Paidy, specializing in the Buy Now, Pay Later or BNPL sector, is reportedly looking into going public. This, according to a report from the FT. BNPL has become quite popular globally, with many new Fintechs entering the space within a relatively short… Read More

Liquid Exchange Hacker Continues to Swap Stolen ERC-20 Tokens for Ethereum (ETH) and wETH via DEXes to Prevent Funds From Being Frozen

On August 18, 2021, hackers managed to steal more than $90 million in over 69 different cryptocurrencies and digital tokens from Japan-based exchange Liquid Global. Liquid’s teams had “yet to release a postmortem detailing the attack vector used by the hacker,” the CipherTrace team noted… Read More

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