Simplex and Ava Labs have conducted a proof of concept combining Simplex's stablecoin issuance and redemption system "Simplex Stablecoin" with Ava Labs' blockchain infrastructure service "AvaCloud" to achieve financial services-grade availability and low latency. Currently, many financial institutions and companies domestically and internationally
Relcu has raised new funding with participation from both new and existing investors, including Menlo Ventures, Detroit Venture Partners, Clocktower Ventures, MUFG Innovation Partners, Commerce Ventures, and Valley Ventures. Relcu provides an all-in-one Unified CRM and AI Agent Co-Pilot built for financial services. The capital will accelerate Relcu’s mission
Splendid experience to moderate the panel on Crypto ETFs at the WebX FinTech Expo in Osaka on Friday, sharing the stage with Takashi Takamura, Country Head at Franklin Templeton Japan, Tomoya Asakura, Chief Executive Officer at SBI Global Asset Management, and Eugene Cheung, Chief Commercial Officer at OSL, covering the
What a day in Osaka on Friday! In a series of coordinated announcements SBI Holdings unveiled a multi-faceted strategy to build and dominate the next generation of digital finance. Through landmark partnerships with global crypto leaders Startale Group, Ripple, and Circle, as well as Japanese financial titan Sumitomo Mitsui Banking
Shoko Chukin Bank actively supports startup companies that aim to solve social issues through innovative products and services, in collaboration with related organizations. Shoko Chukin Bank's Startup Business Department has provided a loan of 100 million yen to COUNTERWORKS as funding necessary for business expansion. COUNTERWORKS is a
Digital Garage and DG Business Technology, a subsidiary of Digital Garage that provides comprehensive support for digital businesses, have announced the launch of the “DG AI Drive” hybrid AI package that enables businesses to select AI solutions according to the business challenges they are facing. “DG AI Drive” is a
This past week has marked a pivotal moment in Sumitomo Mitsui Banking Corporation's (SMBC) engagement with the African continent. Against the backdrop of the 9th Tokyo International Conference on African Development (TICAD9), SMBC has announced a series of strategic partnerships and investments that underscore a deep and multi-faceted
SBI Holdings has concluded a “Strategic Capital and Business Alliance Agreement” with TOHOKU BANK. Having completed the repayment of public funds for SBI Shinsei Bank, the group is now free to resume its regional banking rollup strategy in order to create the "fourth mega bank". Purpose of the
Seven Bank agreed with ITOCHU Corporation, majority owner of Family Mart, on the commencement of capital and business alliance discussions including collaboration in a wide range of financial areas. Leveraging its domestic and international business foundation with strengths in the consumer sector, ITOCHU develops new services and businesses by capturing
Leading global fintech AND Global, today announced it has raised $21.4 million USD in a Series B funding round led by the International Finance Corporation (IFC), a member of The World Bank Group, and AEON Financial Service, a leading Japanese financial group active in 11 Asian markets. Other investors
A new partnership between specialist venture capital firm Uncovered Fund and corporate VC Monex Ventures highlights increasing Japanese investment in Africa's technology landscape. The two have launched the "Uncovered Monex Africa Investment Partnership," a ¥3 billion (around $20 million) fund targeting early-stage startups in Africa and
DigiFT, a licensed exchange purpose-built for institutional-grade, tokenized real-world assets (RWAs), has raised a total of US$25 million to date—following the close of a new strategic funding round. The latest round was led by SBI Holdings, Japan’s largest financial group, with participation from leading institutional investors including