cross-border payments
Ria Money Transfer, a global leader in the cross-border money transfer industry and a business segment of NASDAQ-listed Euronet, has become the majority shareholder through the acquisition of 60% of the shares of Unidos, the operator of Kyodai Remittance, a Japan-based funds transfer business and overseas remittance specialist. Leveraging Kyodai’
regional banks
The Daiwa Institute of Research published a paper titled "Cross-Prefectural Restructuring of Regional Banks: The Reorganization of Local Economic Zones at its Foundation" on July 11, 2025, providing a detailed analysis of the ongoing restructuring of Japan's regional banking sector, and arguing that these realignments are
mergers & acquisitions
In a report published on July 11, 2025, the Daiwa Institute of Research (DIR) analyzes the significant increase in Tender Offer (TOB) activity in Japan from 2020 to mid-2025, highlighting a new phase in corporate strategy. 1. TOB Activity is Surging to Record Levels The report's primary finding
broker/dealer
Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, intends to acquire WealthKernel, a wealthtech firm specializing in digital investment infrastructure and tax-advantaged products. This strategic acquisition will bring WealthKernel’s UK and EU licensed brokerage infrastructure to Alpaca, supporting their rapid global expansion to achieve its mission of opening financial
mergers & acquisitions
Gojo & Company further expanded into Uzbekistan through the acquisition of a 9.8% stake in JSC Renesans mikromoliya tashkiloti (Renesans). Gojo will support Renesans to continue pursuing its mission of delivering and developing tailored microfinance services through traditional and modern channels to people in rural areas. Renesans is committed
mergers & acquisitions
Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance Group, has decided to acquire shares of Time Machine Underwriters (TMU), a Managing General Agency (MGA) specialized in Representation & Warranty Insurance in Japan. MSI plans to acquire the majority ownership share of TMU on August 1 2025, and
mergers & acquisitions
ORIX Corporation announced in the May 12, 2025 press release “ORIX Signs Letter of Intent to Acquire Majority Interest (Consolidation) in Hilco Global” that its group company in the U.S., ORIX Corporation USA (OCU), has decided to enter into a nonbinding Letter of Intent with Hilco Trading, a U.
insurtech
Hokan Group, which aims to become an Industry Contributor by integrating technology and solutions, has acquired shares of Frich, making it a subsidiary. This marks Hokan Group's first M&A and is positioned as an important strategic move for future growth. Overview and Background of This Transaction
cards
TOPPAN Security, a global leader in secure identity and payment solutions, has entered into a definitive agreement to acquire dzcard Group, a prominent provider of smart card solutions and personalization services across Asia and Africa. This strategic acquisition immediately positions the TOPPAN Group as the clear leader in the Asian
mergers & acquisitions
SB Payment Service (SBPS), a wholly owned subsidiary of SoftBank and the core of the company's finance business, has signed a capital and business alliance agreement with Nomupay, a company that provides local payment methods and global-standard payment products in the EU and Asia. Pursuant to this agreement,
mergers & acquisitions
Dai-ichi Life Holdings and M&G announced a new long-term strategic partnership across asset management and life insurance. 🔹 M&G and Dai-ichi Life HD establish an ambitious long-term strategic partnership 🔹 M&G to become preferred asset management partner for Dai-ichi Life HD in Europe 🔹 Partnership is expected
mergers & acquisitions
In parallel with NTT Docomo's tender offer for SBI Sumishin Net Bank (SSNB), NTT also executed a Capital and Business Alliance Agreement and an Investment Agreement with SBI Holdings. Background As of March 31, 2025, SBI Holdings consists of 696 subsidiaries and 64 equity-method affiliates, and is primarily