“LINE Pay” services in Japan will be terminated by April 30, 2025
LINE Yahoo Japan and LINE Pay will gradually shut down the LINE Pay mobile money transfer and payment service in Japan with an end date of…
Norbert Gehrke
Daiwa Securities to top up its Aozora Bank stake through purchase from Murakami Fund
Daiwa Securities, which last week shared that it had obtained approval from the Financial Services Agency (FSA) to become a major…
One Capital’s second VC fund reaches JPY 17bn
One Capital’s second fund has reached a total of 17 billion yen in committed capital after additional commitments from new domestic and…
The *NEW* Cool Japan Strategy
The Intellectual Property Strategy Headquarters under the Prime Minister’s Office published “Japan’s New Cool Japan Strategy” last week…
The second meeting of the “Expert Panel on Venture Capital (VC) Funds”
In response to the “Policy Plan for Promoting Japan as a Leading Asset Management Center” (published by the “Council of New Form of…
UB Ventures establishes 10 Billion Yen innovation-focused fund for depopulating society
UB Ventures has established the UBV Fund-II Investment Limited Partnership, aimed at investing in startups addressing challenges in legacy…
Ripple launches dedicated fund to accelerate innovation on the XRP Ledger in Japan and Korea
Ripple launched the XRPL Japan and Korea Fund, dedicated to supporting innovation on the XRP Ledger (XRPL) in the dynamic Japanese and…
Korea FSC introduces guidelines for determining when NFTs qualify as virtual assets
The Korea Financial Services Commission (FSC) introduced guidelines on non-fungible tokens (NFTs) on June 10 to provide clear standards and…
Japan FinTech Observer #63
Welcome to the sixty-third edition of the Japan FinTech Observer.
Seven Bank establishes group company in Malaysia
Seven Bank has established a local corporation in Malaysia, which is its fourth international operating base following the U.S., Indonesia…
Status of the Next Generation Zengin System
Last week, Zengin-Net has published the minutes of the first meeting of the Working Group on the Advance of the Payment System, held on May…
SMBC Group and Recruit collaborate in business and management services
Sumitomo Mitsui Financial Group and Recruit have signed a basic agreement to start considering collaboration for providing financial…