Tagged: japan

August 23, 2016 @ 12:05 pm By Erin Hobey  |  

Bank of Japan Governor Haruhiko Kuroda said the central bank may finally apply fintech to its future operations  given its growing influence on global payments, settlements and financial services, reported Reuters. Signaling that the BOJ is ready to initiate research to promote Japanese fintech given it has “various… Read More

August 2, 2016 @ 7:28 pm By JD Alois  |  

Last week Paidly announced a $15 million Series B funding round. The Fintech firm is based in Japan and provides payment services via your smartphone. Paidly basically turns your phone into a credit card type service. Just submit your email address, phone number and create a PIN… Read More

July 12, 2016 @ 10:57 am By JD Alois  |  

Cloud Lending Solutions and Fujitsu have signed a Memorandum of Understanding (MOU) on a new partnership to provide services in Japan and other ASEAN countries. The arrangement is pretty significant for Cloud Lending as it provides an established partner to promote and develop online banking… Read More

May 10, 2016 @ 10:09 am By Samantha Hurst  |  

On Tuesday, Crowdcube #FundedClub member, Cell Therapy (CTL), announced it has received £12.5M in a Japan Rights Deal. The Welsh biotech company, co-founded by Nobel Prize winner Sir Martin Evans, raised £689,246 through the equity crowdfunding platform to help cell-based regeneration medicine for heart trauma get to… Read More

May 3, 2016 @ 11:51 am By Erin Hobey  |  

MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors… Read More

March 28, 2016 @ 10:20 pm By JD Alois  |  

While the rest of the developed world, and some of the developing world, is rushing to embrace the Fintech revolution Japan is mired in the financial past.  Japan possesses the worlds 3rd largest economy as measured by nominal GDP yet they have done little when… Read More

March 16, 2016 @ 4:26 pm By Samantha Hurst  |  

This week, Japanese production studio Ys Net announced that it has created a new Chinese website for its Kickstarter success project, Shenmue III. The company, which was founded in 2008 by well-known video game developer Yu Suzuki, revealed that it will be accepting contributions through the Chinese payment… Read More

March 16, 2016 @ 11:03 am By JD Alois  |  

The Asia-Pacific Alternative Finance Benchmarking Report has just been published and it highlights the largest region in the world for disruptive finance. Entitled, “Harnessing Potential”, this is the first report for the region and has been created by a partnership of researchers, including the Cambridge… Read More

March 14, 2016 @ 11:56 am By JD Alois  |  

In response to the rapid increase of Fintech in Asia, a new conference has been launched to address the fast changing environment for financial firms. The 2016  Fintech Law in Asia Conference is scheduled to take place at Nagoya University in Japan this April. The… Read More

January 19, 2016 @ 5:52 am By Erin Hobey  |  

2016 proved eventful for payments network MasterCard, as the company has been involved in in many global fintech industry deals, according to a release.  With the intention of expanding its electronic payments network in other countries, MasterCard heavily invests in fintech and organises a six month… Read More

January 6, 2016 @ 12:28 am By Midori Yoshimura  |  

Japan’s banks are beginning to say konnichiwa with more enthusiasm to Fintech: Mitsubishi UFJ Financial Group Inc., a major Japanese bank, has created a unit to research and develop new financial technologies, according to sources cited in a recent Bloomberg story. A spokesman for Mitsubishi UFJ in Tokyo, Taiki… Read More

December 22, 2015 @ 1:51 pm By Elena Mikhaylova  |  

Crowdfunding continues to grow globally. The largest rewards platform, Kickstarter, has hosted close to 100,000 successfully funded projects and has assembled a community of almost 10 million backers. It has been aggressively expanding internationally this year. Some studies suggest that most of the growth in… Read More

December 17, 2015 @ 2:24 pm By Erin Hobey  |  

Mitsubishi UFJ Financial Group Inc. linked with fintech platform Finatext Ltd to boost investment trust sales by providing information through a smartphone application, reported  Bloomberg, the first time Mitsubishi partnered with fintech startup on a new service. The Fundect app, which was developed by  as part of a competition run by… Read More

December 7, 2015 @ 7:22 am By JD Alois  |  

Fellow Finance, a peer to peer lender based in Helsinki, has formed a strategic partnership with Crowdcredit, based in Toyko, in an arrangement where Crowdcredit which create investment funds to invest in loans from Finnish borrowers.  The agreement is designed to drive value for both… Read More

December 2, 2015 @ 1:49 pm By Erin Hobey  |  

Japanese e-commerce giant Rakuten (TOKYO:4755) officially initiated a new $100 million fintech investment fund, according to a release.  The Rakuten FinTech Fund, a new US$100 million global investment fund focuses on investments in disruptive early to mid-stage fintech startups aims to offer attractive return potential with strategic relevance…. Read More

October 21, 2015 @ 12:54 pm By Samantha Hurst  |  

Bondora, a pan-European marketplace lender, opens to accredited investors from the United States, Canada, Mexico, Brazil, South Africa, India, Hong Kong, Singapore, Japan and Australia. The platform now allows global accredited investors to invest directly into personal unsecured loans across three European markets including Spain,… Read More

September 14, 2015 @ 9:13 am By Samantha Hurst  |  

With less than a week until its “Support Team USA in the Giant Robot Duel” Kickstarter comes to an end, robotic company MegaBots has officially scored its original $500,000 goal thanks to over 7,000 backers. The company launched its campaign last month with a mission… Read More

August 18, 2015 @ 1:27 pm By Samantha Hurst  |  

On Tuesday, MegaBots launched a crowdfunding campaign on Kickstarter to raise $500,000 for a U.S. vs. Japan giant robot duel. The company shared: “We are MegaBots, Inc. We challenged Japan to a giant robot duel, and they accepted… but demanded that the fight include hand-to-hand combat. We say BRING IT ON. We’ve assembled… Read More

August 5, 2015 @ 4:06 pm By Samantha Hurst  |  

Jibo, Inc., the company behind Indiegogo success family robot, Jibo, has closed $11M in a Series A extension round with strategic investors from Taiwan, Japan, Korea and China. Participating investors include: Acer (Taiwan) – Established in 1976, Acer is a hardware + software + services company… Read More

June 2, 2015 @ 10:49 pm By Samantha Hurst  |  

In an attempt to gain full access in the top-secret Trans-Pacific Partnership (TPP) trade deal, the documentation leaking website, WikiLeaks, has launched a crowdfunding campaign on its own platform to raise $100,000 reward for the remaining chapters of the TPP. The TPP is a “proposed regional regulatory and investment treaty”…. Read More