Japan FinTech Observer | Tontines | ex-Goldman & Barclays Tech MD
alternatives
Ares Management Corporation, a leading global alternative investment manager, has completed the final close of Japan DC Partners I LP (“JDC I” or the “Fund”), marking Ares’ first vehicle dedicated to data center investment and development. With approximately US$2.4 billion (¥350 billion) in total equity commitments, the Fund
venture capital
Kigen, a global leader in eSIM and pioneer of integrated SIM (iSIM) security solutions, has received a strategic investment from SBI Group, one of Japan's largest financial services and investment groups. This latest investment joins existing backers Arm Holdings and SoftBank Vision Fund 2, marking a significant milestone
venture capital
Geodesic Capital, a venture capital firm focused on strategic technology investments to bridge Silicon Valley and Japan, announced the completion of initial fundraising of $250 million (approximately ¥38.7 billion) for its new fund "Geodesic Alliance Fund." This fund represents an unprecedented venture fund aimed at advancing the
Insurance
Capgemini and Dai-ichi Life Holdings have signed a multi-year agreement to establish a Global Capability Center (GCC) in India. This landmark agreement is poised to accelerate Dai-ichi Life Group’s digital transformation globally. The GCC aims to tap into India’s deep pool of skilled professionals to support and enhance
payments
EVONET has launched a cross-border mobile wallet interoperability service in partnership with KDDI Corporation and Tenpay Payment Technology. In the first phase of this initiative, more than 1.4 billion WeChat users from China can make payments by WeChat Pay (Weixin Pay) at au PAY-affiliated stores across Japan by simply
asset management
JAMP Fund Management, a subsidiary of Japan Asset Management Platform, has launched its ETF white-label service in the Japanese market, positioning the company to capitalize on growing demand for innovative asset management solutions. The ETF white-label service delivers comprehensive middle and back-office capabilities for Exchange-Traded Fund operations, designed to drive
weekly
Welcome to the one hundred fifteenth edition of the Japan FinTech Observer. Greetings from Lake Biwa! Our annual sake brewery tour & domestic holiday has us hovering around Japan's biggest lake, with our path leading us across Gifu, Shiga, Fukui, and Kyoto prefectures so far. We got to
interest rates
In a recently published FSA Analytical Note (in Japanese), the authors conducted a fact-finding survey on deposit balances and deposit interest rates at various financial institutions in response to recent interest rate increases. While deposit balances have increased overall, differences in the distribution of deposit balance growth rates by business
central bank
Bank of Japan Executive Director Kazushige Kamiyama spoke at the third "Meetup with BoJ", hosted by the FinTech Association of Japan. Introduction Good afternoon, everyone. I am Kamiyama from the Bank of Japan. Thank you very much for this valuable opportunity to speak with all of you who
tokenization
Mercurity Fintech Holding (MFH), a digital FinTech group, has entered into a strategic partnership with SBI Digital Markets (SBIDM), a subsidiary of SBI Digital Asset Holdings, the digital asset arm of Japan's leading conglomerate SBI Group. The underlying objective of this partnership is to accelerate the adoption of
venture capital
bolttech, the fast-growing global insurtech, announced the addition of Sumitomo Corporation, one of Japan’s largest trading houses, and Iberis Capital, a leading private equity and venture capital manager in Portugal, as strategic investors. Their participation marks the successful close of bolttech’s Series C funding round, with shares acquired
corporate venture capital
EX-Fusion has completed its Series A funding round totaling approximately 2.6 billion yen. This round consisted of 2.3 billion yen in equity financing and 300 million yen in debt financing. EX-Fusion has previously raised 3 billion yen in funding, bringing the total cumulative funding to 5.6 billion