corporate venture capital
CryptoGames, a developer of blockchain games, has launched “CG Ventures” as a new corporate venture capital business. To date, CG Ventures has invested in 17 companies, mainly in the Web3 field, where CryptoGames expects business synergy, but going forward they will also consider investing in the trading card field. Investment
consumer finance
Credit Saison's Indian subsidiary has begun raising funds through External Commercial Borrowing (ECB) loans. The subsidiary has signed a contract to execute a 150 million US dollar ECB loan from Mizuho Bank, which is a capital participant in Credit Saison India. Read also: "Mizuho Bank to invest
corporate venture capital
Mitsubishi UFJ Trust and Banking (MUTB) has entered into a Preferred Shares Investment Agreement with Euglena in which MUTB invests up to USD 30 million in preferred shares issued by Euglena Sustainable Investment Limited (ESIL), Euglena's overseas special purpose company (SPC). Sustainable Aviation Fuel (SAF) shows great promise
artificial intelligence
ExaWizards has entered into a strategic partnership with Fukuoka Financial Group (FFG), intended to leverage AI agents to drive FFG’s business transformation, enhance productivity, and create new banking models. Background of the Partnership ExaWizards has been using their generative AI expertise and advanced technological capabilities to assist in streamlining
credit card
Adyen and JCB announced the rollout of JCB's card-on-file (COF) tokenization service, aimed at enhancing the security of credit card transactions for e-commerce merchants. Adyen is the first to offer and implement JCB’s new technology both domestically and globally. The introduction of COF tokenization will further enhance
Weekly
Welcome to the one hundred eleventh edition of the Japan FinTech Observer. For many, this was a three-day working week. For some, it was a four-day working weekend. Reading the announcements of Sony Bank's migration to a new core banking system reminded us of our own time in
cloud
Sony Bank, in collaboration with Fujitsu, has launched a next-generation digital banking system built on Amazon Web Services (AWS), revamping its core banking system. The financial industry environment is evolving with technological advances. As customer needs diversify, there is increasing demand to improve customer satisfaction through enhanced convenience and value
stablecoin
Kaia has collaborated with Tether, the largest company in the digital assets industry, to integrate native USD₮ on the Kaia network. Through this launch, Tether and Kaia aim to strengthen USD₮’s dominance in Asia as the world’s largest USD-backed stablecoin with over 400 million global users by leveraging
digital identity
TOPPAN Edge and Partisia, a Danish software company specializing in cryptography, will conduct a proof-of-concept test at the Okinawa Institute of Science and Technology Graduate University (OIST) from June to September this year. The purpose of the test is to establish a secure and highly convenient digital student ID using
ecommerce
Seedflex Technologies, a Singapore-based FinTech platform co-founded by two former Grab executives, has raised a $3.2 million seed extension round co-led by Z Venture Capital (ZVC), the corporate venture capital firm owned by LY Corporation, and Iterative. The funding also saw participation from existing investor 500 Global and strategic
stablecoin
This Sushi Tech panel discussion centered around the stablecoin revolution and its implications for mass adoption in Japan and Asia. The discussion highlighted stablecoins as cryptocurrencies designed to maintain a stable value, often pegged to reliable assets such as the US dollar, to mitigate volatility. The panelists, experts in the
venture capital
This Sushi Tech panel discussed the theme of "Rethinking Japan's Startup Ecosystem: Priorities for the Next Decade." Moderated by Akio Tanaka, Founding Partner of Headline Asia, the panel consisted of industry experts who offered their perspectives on the current state of Japan's startup landscape,