Japan FinTech Observer | Tontines | ex-Goldman & Barclays Tech MD
banking
In light of the extremely concerning situation where the damage amount from special fraud in 2024 reached a record high, and the damage amount from SNS-type investment and romance fraud reached approximately three times the previous year's amount, the National Police Agency and eight city banks and other
lending
Techfino, a FinTech non-banking financial company (NBFC), has announced that it has successfully secured INR 65 crore in equity funding. The investment comes from Stellaris Venture Partners and Saison Capital, the investment arm of Japan-listed Credit Saison. This capital infusion will enable the company to significantly enhance its secured lending
asset management
Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities, and Sumitomo Mitsui Card Company, together with SBI Holdings and SBI Securities, have concluded a "Business Partnership Agreement for Individual Asset Management Services" for the purpose of jointly creating new asset management services for Olive. Furthermore, based
Weekly
Welcome to the one hundred sixteenth edition of the Japan FinTech Observer. We are back, and so is the Bank of Japan, with their June Monetary Policy Meeting. While a change in the policy rate is not expected, the Bank will update its plan for JGB purchases starting in April
asset management
gumi has resolved, at its Board of Directors meeting, to establish a fund for the joint management of listed crypto assets with SBI Holdings. Overview of the Fund Overview of the Operating Company Purpose of the Fund Establishment The crypto-asset market has grown rapidly in recent years, and the environment
venture capital
Headquartered in Rome, Italy, Colossus created the Institutional Hub, the only B2B marketplace enabling Digital Asset Holders to access staking, governance, and DeFi protocols natively from custody. The Hub enables native transactions in a safe, compliant and verifiable way across 25+ chains and multiple validators. The investment was made through
digital bond
Securitize Japan, which provides a security token (ST)/digital securities issuance and lifecycle management platform, announces that the Securitize Platform has been adopted for the security token bonds (digital bonds) planned to be issued by Pan Pacific International Holdings (PPIH), which operates the comprehensive discount store "Don Quijote,"
corporate venture capital
Daikin Industries has invested in Asuene, a startup company providing services to measure and reduce CO2 emissions, and to support decarbonization and ESG management, by underwriting a capital increase through a third-party allocation of shares. Through this collaboration, the two companies will combine Asuene’s services with Daikin’s energy-saving
corporate venture capital
Sumitomo Life has made an investment in EverEx through its CVC fund "SUMISEI INNOVATION FUND", operated by SBI Investment. Background of the Investment Sumitomo Life aims to provide services that contribute to customers' well-being through WaaS (Well-being as a Service), centered on the Vitality health program that
venture capital
Climate-tech startup Stride Green, focused on asset financing and lifecycle management for sustainable businesses, has raised US$3.5 million in a seed funding round. The seed funding was led by Bengaluru-based Micelio Technology Fund and Incubate Fund Asia, alongside participation from other investors. Gurgaon-based Stride Green provides financing to
blockchain
Building on our momentum of over 100 live dApps on Soneium, 7 million wallets, and up to 1.5 million transactions per day, Soneium is partnering with Astar Network and Startale Cloud Services to launch its new developer program focused on Consumer & Gaming. Soneium For All offers access to
regulation
The Financial Services Agency established the "FinTech Proof-of-Concept Hub" on September 21, 2017, with the aim of accelerating challenges toward innovation utilizing FinTech. This initiative was created to dispel the hesitation and concerns that FinTech companies and financial institutions tend to have when attempting unprecedented proof-of-concept experiments. Now,