payments
Digital Garage's third-quarter report for the fiscal year ending March 2025, released on February 10, 2025, paints a picture of a company successfully navigating a complex technological landscape and making substantial progress towards its strategic goals. The overarching theme is one of consistent growth, particularly within the core
banking
Rakuten Bank's third quarter of fiscal year 2024, ending December 31, 2024, demonstrated significant growth across key financial metrics, solidifying its position as a leading digital bank in Japan. The bank achieved record highs in ordinary income, gross operating profit, ordinary profit, and profit attributable to owners of
bitcoin
Metaplanet has boldly declared its fiscal year 2024 a resounding success, marking a transformative shift from its previous incarnation as a legacy, asset-heavy business to Asia's premier publicly traded Bitcoin Treasury Company. Its earnings presentation, emblazoned with the tagline "Secure the Future with Bitcoin," underscores the
broker/dealer
PayPay will acquire shares in PayPay Securities from SoftBank and LY Corporation, as well as subscribe to a third-party allocation of shares conducted by PayPay Securities, with the aim of further enhancing the corporate value of PayPay Securities. By becoming the parent company of PayPay Securities, PayPay aims to strengthen
security token
Toyota Financial Services, Toyota Finance, Daiwa Securities, MUFG Bank, Mitsubishi UFJ Trust and Banking, and Progmat plan to issue the Toyota Group's first publicly offered security token bonds. Toyota Financial Services and Toyota Finance have developed financial services to allow each and every customer to drive their car
asset management
India is increasingly attracting inflows from foreign investors, including Japan, and NAM India is committed to become a gateway for Japanese investments into India. In this pursuit, Nippon Life India Asset Management, acting through its IFSC branch in GIFT City, has launched the “Nippon India ETF Nifty 50 BeES GIFT”
neobank
GMO Aozora Net Bank now allows standalone sole proprietorship accounts to be opened. These have previously required opening a personal account first. This initiative is part of the company's improved support for small and start-up businesses, which it positions as one of its medium- to long-term strategies. First,
leasing
ORIX showcased robust financial performance in the first three quarters of fiscal year 2025 (Q1-Q3 FY25.3), with net income reaching 271.8 billion JPY. This represents a substantial 24% increase year-over-year (YoY), demonstrating the company's resilience and adaptability in a dynamic economic landscape. This result also places
web3
Hitachi Payment Services has made a strategic minority investment in Spydra Technologies to develop and introduce innovative offerings in the rapidly evolving domains of Web 3.0, Central Bank Digital Currency (CBDC) and Blockchain Technology. Spydra is a low-code enterprise blockchain platform specializing in real-world asset tokenization. Spydra enables asset
neobank
Seven Bank reported a mixed bag of results on a consolidated basis, exhibiting growth in overall income but a significant decrease in net income compared to the same period in the previous fiscal year. The consolidated ordinary income reached ¥159.4 billion, a notable 10.0% increase from the ¥144.
lending
Brazilian FinTech CashU secured a $17.5M Credit Rights Investment Fund (FIDC) backed by Itaú BBA and Credit Saison to finance its lending operations. The provision of credit is essential for small and medium-sized businesses to be able to scale at an adequate pace. With the launch of the fund,
cryptocurrency exchange
Coincheck Group, a Dutch holding company for the leading Japanese crypto exchange Coincheck, reported its fiscal 2025 third-quarter results (for the period ending December 31, 2024). The report and subsequent earnings call highlighted significant growth, strategic milestones, and ambitious future plans. The key takeaway is that Coincheck experienced substantial quarter-over-quarter