Tagged: japan

October 30, 2023 @ 11:15 am By JD Alois  |  

The Monetary Authority of Singapore (MAS), the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the United Kingdom’s Financial Conduct Authority (FCA) will partner on digital asset innovation, including pilots in fixed income, foreign exchange and asset management products…. Read More

October 22, 2023 @ 5:03 pm By Omar Faridi  |  

Nomura Securities Co., Ltd. of Japan and Kudasai Corp. have formally partnered to enhance the content dissemination of the Web3 learning application “Web3 Pocket Campus”. SlowMist will contribute by “providing high-quality research reports and content as teaching materials to support Web3.” As a blockchain security… Read More

October 21, 2023 @ 9:00 pm By Michael Wong  |  

In a bid to augment the funding pool for burgeoning growth sectors, Japan’s financial watchdog, the Financial Services Agency (FSA), intends to amplify the amount retail investors can allocate to unlisted startups, as reported by Nikkei Asia. The current regulation allows retail investors to contribute… Read More

October 4, 2023 @ 7:17 am By Omar Faridi  |  

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG), has increased its LP capital commitment to the non-dilutive funds operated by Mars Growth Capital from $750 million  to $1 billion. This signals MUFG’s strong belief in the future potential of MARS Growth Capital, a joint venture… Read More

October 2, 2023 @ 7:21 pm By Omar Faridi  |  

SATYA MicroCapital Limited has reportedly secured INR 500Cr (appr. $60 million) debt funding from Japan-based Sumitomo Mitsui Banking Corporation (SMBC Bank). RBI registered NBFC-MFI, SATYA MicroCapital Limited has successfully “raised INR 500Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation which is a Japanese multinational banking… Read More

September 28, 2023 @ 9:22 am By JD Alois  |  

  European online investment platform EstateGuru has signed an agreement with Crowd Credit in Japan, where the platform will invest up to €10 million in projects listed on the EstateGuru platform. EstateGuru, based in Estonia, is an online lending platform that allows any investor to… Read More

September 26, 2023 @ 8:47 pm By Michael Wong  |  

The Asia Pacific region continues to hold on to its position as the top source of global capital in H1 2023, with Singapore, Hong Kong, and Japan seizing spots among the top five global deployers of capital. Colliers’ recently published Global Capital Markets: Insights &… Read More

September 15, 2023 @ 9:57 am By JD Alois  |  

The Japanese government will allow startups to raise capital selling crypto as opposed to shares in a company. This is according to a report posted on Nikkei today. Explaining that Japan is falling behind the rest of the world in the utilization of digital assets,… Read More

September 9, 2023 @ 10:34 am By Michael Wong  |  

Tokyo-based intelligent robotics startup Mujin has announced raising $85 million in its Series C funding round, further boosting its market share in the realm of AI-powered robotics for manufacturing, logistics, and supply chain operations. The funding round saw participation from top investors, including Japan’s SBI… Read More

September 4, 2023 @ 4:43 am By Michael Wong  |  

Japan’s telecom giant IPS Inc. has committed an additional $100 million in new investments into the Philippines for 2023 to 2024 to expand the capacity of a modern and secure gateway for the archipelago. This announcement was made by the Philippine Department of Information and… Read More

August 6, 2023 @ 8:24 pm By Omar Faridi  |  

Contour, the digital trade finance network, announced that the Singapore office of MUFG Bank, which claims to be Japan’s premier bank is joining its growing digital network. MUFG has a global presence “spanning around 50 markets, while its parent Mitsubishi UFJ Financial Group (MUFG) is… Read More

August 3, 2023 @ 9:22 pm By Omar Faridi  |  

Binance, which is being sued by US regulators for a wide range of issues and appears to be operating in jurisdictions where crypto services are banned, is pleased to announce the launch of Binance Japan, their new platform “designed for the Japanese market.” Binance says… Read More

August 2, 2023 @ 9:14 am By Omar Faridi  |  

On-chain fund platform Solv Protocol has announced that it has secured $6 million in new funding. The platform received investments from “a variety of institutions, including Laser Digital, a subsidiary of Japanese banking firm Nomura Securities, UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners,… Read More

July 17, 2023 @ 4:22 am By Omar Faridi  |  

Global Brain Corporation, Sumitomo Mitsui Banking Corporation (SMBC), and SMBC Venture Capital Management Co., Ltd. will jointly establish JPY 30 billion “SMBC-GB Growth Fund” in order “to enhance its capabilities to invest in promising startups that will underpin future economic growth in Japan.” While many… Read More

June 20, 2023 @ 10:24 pm By Omar Faridi  |  

The Eazy Financial Services B.S.C (EazyPay) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s “only” international payment brand, have signed an agreement “to enable JCB payment acceptance at the bank’s POS and e-commerce merchants in the Kingdom of Bahrain.”… Read More

May 31, 2023 @ 9:45 pm By Omar Faridi  |  

GMO Aozora Net Bank, Ltd. becomes the first bank partner in Japan with Wise Platform, bringing fast, low-cost international payments to more than 80,000 corporate customers The team at Wise says they’re announcing their first Wise Platform bank partnership in Japan with GMO Aozora Net… Read More

May 18, 2023 @ 9:27 am By Omar Faridi  |  

bolttech announced it raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion. The investment round was “led by Tokio Marine – Japan’s first insurance company with a 140-year history.” Other key investors “include global life insurance giant MetLife… Read More

May 6, 2023 @ 10:25 am By Omar Faridi  |  

Brex announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more. In addition to spending and paying in local currencies, Brex is “launching VAT… Read More

April 23, 2023 @ 5:39 pm By Omar Faridi  |  

Japan’s digital lender, Rakuten Bank, announced on Friday (April 21, 2023) that the common stock of Rakuten Bank, Ltd., (securities code: 5838), a subsidiary of the Rakuten Group, has been listed on the Tokyo Stock Exchange Prime Market. It was “not created for the purpose… Read More

March 30, 2023 @ 9:20 am By Omar Faridi  |  

Japan’s Finance Ministry is reportedly planning to appoint a panel of experts this coming month in order to determine the feasibility of issuing a digital yen. This, according to a report  from NHK. The ministry’s panel in Japan will be going over how to establish… Read More