Japan’s bankruptcies up 30% in 2023, the highest increase since the economic bubble burst
According to Teikoku Databank, the number of bankruptcies during the 2023 calendar year was 8,497, over 2,000 more than the previous year…
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DBJ and Epson Invest in 3DEO
The Development Bank of Japan (DBJ) has partnered with Seiko Epson (Epson) to buy into 3DEO, a U.S. company that develops and produces 3D…
The Alchemist X 2024 Global Startup Acceleration Program Companies
At the conclusion of its program, Alchemist X showcased some startups from their JETRO Global Startup Acceleration Program. Here is the…
Trinity Technology raises JPY 1.81bn in Series B funding
Trinity Technology, which provides the family trust “Oyatoko” and the senior living support service “Ohisapo,” has raised a total of 1.81…
SMBC and Jefferies expand strategic alliance into EMEA
Jefferies Financial Group and Sumitomo Mitsui Financial Group have signed a memorandum of understanding to further expand their global…
Funds completes reissuance of tax-qualified stock options
In a move that might be followed by other startups, Funds, operator of the fixed income asset management service “Funds”, announces that as…
The Philippines’ Tonik digital bank enters SME lending
Tonik Digital Bank (Tonik), the Philippines’ first digital-only neobank, leveled up its Big Loan catering to a wider range of financial…
MUFG Announces New Asset Management Business Initiatives
MUFG has formulated an asset management business strategy with the aim of contributing to making Japan a leading asset management center by…
Japan FinTech Observer #42
Welcome to the forty-second edition of the Japan FinTech Observer.
Korr secures USD 3.2m in seed funding to modernize insurance with cloud-native technology
Korr, an insurtech startup based in New York City, has closed a USD 3.2m seed funding round. The round was led by Motive Ventures along…
Nikkei invests in Wilshire Indexes
Nikkei has taken a stake in Wilshire Indexes, a UK-based leading global benchmark platform. Following a capital increase by Wilshire…
AsiaNext partners with leading market makers and prime brokers to start trading crypto derivatives
AsiaNext, an institution-only global digital asset trading venue, has successfully launched crypto derivatives trading — a crucial…