Mortgage tech startup iYell raises JPY 1.86 billion in Series E funding
iYell has raised a total of 1.86 billion yen through a third-party allotment of new shares to 13 companies, including the National…
Norbert Gehrke
Rakuten Wallet and CALIVERSE partner to expand web3 and metaverse businesses
Rakuten Wallet has signed a memorandum of understanding (MOU) with CALIVERSE, a group company of the Lotte Group that operates a metaverse…
Kyobo Securities Signs MOU with SBI Digital Markets for Digital Finance Cooperation
Kyobo Securities has signed a memorandum of understanding (MOU) with SBI Digital Markets (“SBIDM”) for a strategic partnership to promote…
Establishment of “Hirogin Innovation Investment Limited Partnership”
Hiroshima Bank has established the “Hirogin Innovation Investment Limited Partnership” with Hiroshima Venture Capital as its general…
Japan FinTech Observer #71
Welcome to the seventy-first edition of the Japan FinTech Observer.
Mega Bank Earnings (III) — Mizuho
Since November 2023, Mizuho has been collaborating with the Tokyo University of the Arts, asking students to give form to the ideas they…
Mega Bank Earnings (II) — SMBC
All three Japanese mega banks reported strong earnings last week. All of them performed strongly after the Bank of Japan raised its policy…
Mega Bank Earnings (I) — MUFG
All three Japanese mega banks reported strong earnings last week. All of them performed strongly after the Bank of Japan raised its policy…
Norinchukin Bank lays out plan for recapitalization
Norinchukin Bank, which by September 2023 had accumulated unrealized losses on bond positions of close to JPY 3trn, has published first…
Nasdaq Private Market Adds HiJoJo Partners to Consortium of Investors
Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, has added…
Loss provisions at Thai GMO-Z com Securities leading to dividend cut
During July, GMO Financial Holdings took additional provisions for doubtful accounts at GMO-Z com Securities (Thailand) for the second…
Daiwa falls flat on first quarter earnings
Daiwa Securities reported underwhelming first quarter earnings on Thursday, August 1, and saw its stock price getting severely punished in…