Rakuten Debt: Kicking the can down the road
Rakuten Group has determined to issue USD denominated senior notes due 2027 in overseas markets outside Japan, and to commence cash tender…
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The Norinchukin Bank migrates JA Bank’s large-scale core system to AWS
The Norinchukin Bank is a financial institution that supports the agriculture, forestry and fisheries industries, and operates businesses…
Ginco inks global partnership agreement with Hong Kong-based STO consulting firm Magic Circle
Ginco, a Web3 Development Company that leverages blockchain technology to support corporate Web3 ventures, announces a global partnership…
FSA issues business improvement orders to SOMPO Holdings & SOMPO Japan
The Financial Services Agency issued business improvement orders to Sompo Japan Insurance and SOMPO Holdings. The pertinent details are as…
Digital Garage Launches its “DGFT Invoice Card Payment” for the “CARRY ME” platform
“DGFT Invoice Card Payment for CARRY ME” is a B2B payment service for self-employed professionals based on “DGFT Invoice Card Payment,” a…
Web3 security company KEKKAI raises JPY 230m in seed round
KEKKAI, a company specializing in Web3 security, has raised approximately JPY 230m in seed funding from 14 investors including Decima Fund…
Incubate Fund Asia invests in India’s BuyEazzy
BuyEazzy, a pioneering neighborhood ecommerce platform announced today that it has successfully closed a USD 4.25m Series A funding round…
Initiatives to Enhance Nomura Group’s Asset Management Business
Following MUFG’s publication of its asset management strategy last week, Nomura has released its plan on Tuesday.
Sumitomo Life invests in A10 Lab
A10 Lab, which develops and operates “MinChallenge”, a habit formation app, has raised JPY 440m in a Series A2 round from Fast Track…
Japan FinTech Observer #43
Welcome to the forty-third edition of the Japan FinTech Observer.
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…
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…