neobank
GMO Aozora Net Bank now allows standalone sole proprietorship accounts to be opened. These have previously required opening a personal account first. This initiative is part of the company's improved support for small and start-up businesses, which it positions as one of its medium- to long-term strategies. First,
leasing
ORIX showcased robust financial performance in the first three quarters of fiscal year 2025 (Q1-Q3 FY25.3), with net income reaching 271.8 billion JPY. This represents a substantial 24% increase year-over-year (YoY), demonstrating the company's resilience and adaptability in a dynamic economic landscape. This result also places
web3
Hitachi Payment Services has made a strategic minority investment in Spydra Technologies to develop and introduce innovative offerings in the rapidly evolving domains of Web 3.0, Central Bank Digital Currency (CBDC) and Blockchain Technology. Spydra is a low-code enterprise blockchain platform specializing in real-world asset tokenization. Spydra enables asset
neobank
Seven Bank reported a mixed bag of results on a consolidated basis, exhibiting growth in overall income but a significant decrease in net income compared to the same period in the previous fiscal year. The consolidated ordinary income reached ¥159.4 billion, a notable 10.0% increase from the ¥144.
lending
Brazilian FinTech CashU secured a $17.5M Credit Rights Investment Fund (FIDC) backed by Itaú BBA and Credit Saison to finance its lending operations. The provision of credit is essential for small and medium-sized businesses to be able to scale at an adequate pace. With the launch of the fund,
cryptocurrency exchange
Coincheck Group, a Dutch holding company for the leading Japanese crypto exchange Coincheck, reported its fiscal 2025 third-quarter results (for the period ending December 31, 2024). The report and subsequent earnings call highlighted significant growth, strategic milestones, and ambitious future plans. The key takeaway is that Coincheck experienced substantial quarter-over-quarter
AML
Compliance Data Lab (CDL) announced that six companies within the MS&AD Insurance Group have adopted Compliance Station UBO+, a service providing immediate online access to Ultimate Beneficial Owner (UBO) and capital chain information. The six companies are MS&AD Insurance Group Holdings, Mitsui Sumitomo Insurance, Aioi Nissay
crypto
SLASH VISION, Orient Corporation, and AIKITASU will partner to issue "Slash Card," Japan's first BNPL (Buy Now Pay Later) service secured by USDC (USD Coin). The three companies are currently preparing to issue the "Slash Card" in the first half of 2025 (by the
crypto
pafin, the provider of cryptact, a leading cryptocurrency calculation service for tax filing, today announced its official launch in Canada. Founded by former Goldman Sachs executives with extensive experience in finance and investment, cryptact leverages institutional-level expertise to deliver accurate and efficient crypto tax solutions. Key Features of cryptact * Japan&
lending
CARSOME Group, Southeast Asia’s largest integrated car e-commerce platform, and JACCS (Japan Consumer Credit Service), a global consumer finance company and a member of the Mitsubishi UFJ Financial Group, announced a strategic partnership via CARSOME Capital, the financing arm of CARSOME. As part of this strategic partnership, JACCS will
payments
Digital Garage has acquired additional shares of Pocket Change, making it an equity method affiliate of Digital Garage. At the same time, Digital Garage has concluded a capital and business alliance with JCB, a shareholder of Pocket Change, and the three companies have also signed a capital and business alliance.
remittance
BDO Unibank and Seven Bank recently reaffirmed their commitment to providing convenient and reliable remittance services to Overseas Filipinos in Japan. This partnership, initially established in 2017, leverages the strengths of two leading financial institutions from prominent Asian economies to meet the evolving needs of this significant demographic. Recognizing the