Insurance
Mitsui Sumitomo Insurance (MSI) and Aioi Nissay Dowa Insurance (ADI), the core non-life insurance companies of MS&AD Insurance Group Holdings, are progressing with merger discussions as announced on March 28, 2025. Now, decisions have been made regarding changes to the company name and related details, as well
Insurance
Sompo Holdings has established Sompo Wellbeing, a new company that will alleviate the three concerns of health, nursing care, and retirement finances, which arise from the declining birthrate and aging population, and will provide services that support balancing work with nursing care. By working to alleviate these social challenges with
corporate venture capital
Honest, Indonesia's fastest-growing credit card issuer, has closed an oversubscribed growth round led by Orico, bringing the company's total equity funding to $100 million. The round saw continued backing from XYZ Venture Capital, SV Pacific Ventures, and Village Global, alongside new participation from other leading
korea
The Seoul FinTech Week 2025 Conference took place on Monday, September 29, 2025, and was live streamed via YouTube. We summarize our key takeaways, as well as some of the insights gathered from the individual sessions. Top 10 Takeaways from Seoul FinTech Week 2025 1. AI is the Undisputed Core
regional banks
The Chiba Bank and The Chiba Kogyo Bank have jointly declared their resolution to pursue a management consolidation. This strategic move, formalized through the signing of a Memorandum of Understanding (MOU), aims to establish a new bank holding company that will serve as the wholly-owning parent of both institutions.
venture capital
Mitsubishi UFJ Financial Group (MUFG), MUFG Bank, and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have announced that they would establish an equity fund to principally invest in middle and later-stage startups (growth companies) in Japan. For Japan’s sustainable economic growth, it is essential to create and develop
loyalty
Sumitomo Mitsui Financial Group, Sumitomo Mitsui Card Company, Culture Convenience Club, and CCCMK Holdings have reached an agreement regarding the capital restructuring of CCCMKHD, which operates "V Point." Sumitomo Mitsui Card will acquire additional shares of CCCMKHD, making CCCMKHD a subsidiary of Sumitomo Mitsui Card. Also, through CCCMKHD&
crypto
SBI Crypto, which operates a crypto asset mining business overseas, has confirmed the unauthorized leakage of crypto assets. The company is currently conducting an investigation to determine the cause and the amount of the outflow, but it is believed that the impact on its consolidated financial results will be minor.
artificial intelligence
Sakana AI will partner with Daiwa Securities in its first alliance with a securities firm. This collaboration brings together Daiwa Securities Group’s deep industry knowledge with Sakana AI’s cutting-edge AI technology. Daiwa has long focused on a client-first approach to asset management, looking at a customer’
fintech
UNLEASH Capital Partners, a venture capital fund management company dedicated to driving financial inclusion, has announced the final close of its first fund at INR 300 crores (approximately USD 33 million), which was oversubscribed against the initial target. The fund, co-general partnered by Natsuki Sugai and Gojo & Company,
mergers & acquisitions
21st Financial Technology (21st FinTech) has reached an agreement for a capital and business alliance with Payment for, a leading Japanese payment software service provider. This partnership will strengthen the service integration between both companies and accelerate the deployment of 21st FinTech services in the Asian market, while also providing
payments
SBI Ripple Asia has signed a basic agreement with Tobu Top Tours to realize a new payment platform centered on proprietary tokens issued by SBI Ripple Asia for each partner company and organization. Through this initiative, SBI Ripple Asia will integrate NFTs planned and operated by Tobu Top Tours with