BaaS
Digital Garage and Resona Holdings have signed an amendment agreement to their capital and business alliance contract, aimed at further strengthening the alliance established in November 2022 and updated in December 2023. Through this strengthened partnership, both companies aim to further integrate their management resources and expand their share in
SME finance
Mizuho Bank and ORIX Corporation have concluded a basic guarantee agreement for unsecured business loans targeting medium and small enterprises. New business loans with ORIX guarantees are scheduled to begin on May 1, 2025. The focus will be on companies with sales of 5 billion yen or less, with 30,
factoring
Money Forward has decided to make Biz Forward, which develops online factoring services and billing agency services for small and medium-sized enterprises, a wholly owned subsidiary. The Money Forward Group provides financial services such as inter-company payment and billing agency services through Money Forward Kessai and Biz Forward. As part
banking
Gojo & Company, on a path to become Japan's next FinTech unicorn, has expanded into Georgia with the acquisition of 16.8% stake in JSC Credo Bank, the country’s fifth-largest commercial bank. Credo transformed from a microfinance organization into a full-fledged bank after obtaining a banking license
japan
Funding Societies has raised US$25 million in equity investment from Cool Japan Fund (CJF). The investment from CJF signifies the fund's first investment into a FinTech company in Southeast Asia. Funding Societies will funnel the investment to deepen its core business in SME financing across its five