stablecoin
double jump.tokyo, which develops applications using blockchain technology at their core, has raised funds from TIS, a member of the TIS Intec Group that has supported payment infrastructure for many years. By combining double jump.tokyo's knowledge of blockchain technology and enterprise web3 wallets with TIS'
weekly
Welcome to the ninety-ninth edition of the Japan FinTech Observer. This edition, and the magical 100th edition next week, bracket one of the world's largest crypto conferences held in a suburb of Shenzhen. While we still have to spot the Energizer Bunny Steve Vallas hopping around the island,
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
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
crypto
SLASH VISION, Orient Corporation, and AIKITASU will partner to issue "Slash Card," Japan's first BNPL (Buy Now Pay Later) service secured by USDC (USD Coin). The three companies are currently preparing to issue the "Slash Card" in the first half of 2025 (by the
payments
Digital Garage has acquired additional shares of Pocket Change, making it an equity method affiliate of Digital Garage. At the same time, Digital Garage has concluded a capital and business alliance with JCB, a shareholder of Pocket Change, and the three companies have also signed a capital and business alliance.
remittance
BDO Unibank and Seven Bank recently reaffirmed their commitment to providing convenient and reliable remittance services to Overseas Filipinos in Japan. This partnership, initially established in 2017, leverages the strengths of two leading financial institutions from prominent Asian economies to meet the evolving needs of this significant demographic. Recognizing the
weekly
Welcome to the ninety-eighth edition of the Japan FinTech Observer. The past week saw the peak of earnings season for the financial sector, generally with very good to exceptional results for most players, including the FinTech segments of platforms like LY Corporation and Mercari; the only exception being cooperative Norinchukin
cashless
DG Financial Technology (DGFT), a subsidiary of Digital Garage, has implemented its shared QR code payment solution "Cloud Pay" in the "GT-4200", a newly released cashless parking payment machine by Amano Corporation, a major parking system company that accounts for approximately 60% of the domestic market
payments
Mercari's FinTech business represents a crucial pillar in the company's diversified portfolio, leveraging its established marketplace platform to offer financial services and payment solutions. The company recognizes that fostering financial inclusion and creating seamless transactional experiences for its users is a key driver of long-term growth.
CBDC
The Bank of Papua New Guinea, in cooperation with the Japanese Ministry of Economy, Trade and Industry (METI), and FinTech company Soramitsu, has successfully completed a proof of concept for the country's central bank digital currency (CBDC), Digital Kina. The Digital Kina's PoC utilizes cutting-edge technology
stablecoin
Hokkoku Financial Holdings and its group company The Hokkoku Bank have started offering "Ishikawa Tochipo" points issued by Ishikawa Prefecture using the digital local currency service "Tochituka," which is jointly provided with Digital Platformer. "Ishikawa Tochipo" will be introduced as part of the utilization