Rakuten Bank crushes expectations, raises guidance
Rakuten Bank’s first-half 2024 results are in, and they have blown past expectations. Profits are up significantly, and the bank has raised…
Norbert Gehrke
PayPay raises per-transaction limit from JPY 500,000 to 1 million yen to accommodate high-value…
PayPay has increased the per-transaction and 24-hour payment limit of its cashless payment service from 500,000 yen to 1 million yen. For…
Sumitomo Mitsui Financial Group, Mitsui Sumitomo Insurance and Cyreeg form cybersecurity JV
Sumitomo Mitsui Financial Group, Mitsui Sumitomo Insurance, a member of MS&AD Insurance Group, and Cyreeg Holdings have signed a basic…
SBI Holdings looks to delist SBI FinTech Solutions
SBI Financial Services (SBIFS), a subsidiary of SBI Holdings (SBIHD), plans to acquire all outstanding shares of SBI FinTech Solutions…
Headline Asia leads Tradom Series A
Headline Asia, a member of Headline conducting global investment activities primarily in Asia, has executed an investment in Tradom, which…
Coincheck to list through De-SPAC transaction
Coincheck Group, a consolidated subsidiary of Monex Group, has been diligently preparing for listing its common stock on the Nasdaq Global…
Mizuho Financial Group acquires 14.99% of Rakuten Card
As previously announced on October 1, 2024, Rakuten Card and Mizuho Financial Group have agreed to enter into a strategic capital and…
DAM obtains patent for “Debit Service Provision System Using Digital Assets”
Digital Asset Markets has obtained a patent (#7574987) for a debit service provision system that allows users to hold digital assets and…
TRUSTAUTHY — An innovative location-based security solution for cryptocurrency trading
Vlightup has announced the start of TRUSTAUTHY development, emerging out of the Antler Japan residency program. TRUSTAUTHY achieves smooth…
SmartBank raises JPY 4.08bn in first close of Series B
SmartBank, provider of the prepaid card household budget app “B/43,” has completed its Series B round first close, raising 2.93 billion yen…
Tradeweb and TSE collaborate to expand liquidity in Japanese ETFs
Tradeweb Markets, a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, and the Tokyo Stock…
Japan FinTech Observer #85
Welcome to the eighty-fifth edition of the Japan FinTech Observer.