Tagged: japan

ORIX Corporation Invests $60 Million into OurCrowd, Will Collaborate on Financial Products

Leading global online investing marketplace OurCrowd has received a $60 million investment from ORIX Corporation (NYSE:IX). Orix is a Japan based financial services firm that offers lending, investment, life insurance, banking, asset management, real estate, and more. ORIX operates globally with offices in 37 countries… Read More

Japanese Asset Manager Aristagora Advisors Launches $60 Million VC Fund for Early-Stage Israeli Firms Including Deep Tech Startups

Aristagora Advisors, a Japanese asset management company, recently launched a $60 million VC fund, called Aristagora VC, which is focused on early-stage Israeli startups. Aristagora VC aims to focus on deep tech firms and will be investing anywhere between $500,000 to $1.5 million as an… Read More

Bank of Japan Official Argues that No Single Virtual Currency will Dominate Global Transactions

A Bank of Japan official recently noted that there’s no single virtual currency that will completely dominate global transactions, but only if reserve banks focus on enhancing their existing settlement systems. China, which has been leading the charge when it comes to implementing a national… Read More

Plug and Play Japan Hosts 2020 Fall Summit

Japanese fintech accelerator Plug and Play Japan held its six-day Fall Summit 2020 (Demo Day) for its accelerator program on September 28th. The program revealed that 161 international and domestic startups pitched to a total of 4,391 viewers during the event. According to Plug and… Read More

Germans are Not Using Banking Apps as Much as Expected, but Are Using Online Trading Apps More Frequently After COVID: Report

A recent Fintech study reveals that digital banking apps are now beginning to lag behind online trading apps (in Germany) which grew by 140%. Despite the COVID-19 outbreak, German consumers have not been using mobile banking apps as much as expected, according to a study… Read More

Joel Edgerton from Digital Asset Exchange bitFlyer Says Charges Brought Against BitMEX Show Crypto Falling Under Current Regulations

Joel Edgerton, COO at bitFlyer, a crypto-asset exchange that’s licensed to operate in Japan, the United States, and Europe, recently shared his views about the court case and charges brought against the Bitcoin Mercantile Exchange (BitMEX), a leading digital asset derivatives exchange. Edgerton also shared… Read More

Cryptocurrency Exchange bitFlyer launches Cross-Border Trading With Japan to Consolidate Global Offering

Cryptocurrency exchange bitFlyer announced on Tuesday the launch of cross-border trading on its platform. bitFlyer reported that its users in Europe will be able to have access to bitcoin markets in Japan, while still using a European-regulated platform. Launched in 2018, bitFlyer describes itself as… Read More

Blockchain Analysis Firm Chainalysis to Establish New Singapore and Tokyo Offices as Part of Global Expansion Plans

Chainalysis, a leading blockchain analysis firm, has revealed that it will establish two new offices in Singapore and Tokyo. The company stated that it remains focused on fully supporting local crypto and blockchain companies. It’s also helping government agencies and traditional financial institutions with monitoring… Read More

Digital Bank Revolut Introduces Services in Japan, Claims it Signed Up 10,000 Locals, After Acquiring License in 2018

Prominent digital bank Revolut has reportedly launched services in Japan, as it continues to move forward with its ambitious global expansion plans. The Fintech Unicorn had first acquired a license to offer services in the country back in 2018. Revolut’s management confirmed that its services… Read More

Bitgate Picks BitGo For Self-Managed Custody Solution to Meet FSA Regulations in Japan

BitGo, a digital asset financial services provider, announced on Wednesday that Bitgate, a Financial Services Agency (FSA) regulated exchange based in Japan, has selected its Self-Managed Custody solution to hold Bitgate customers’ digital assets securely and meet new regulations. According to BitGo, The regulations came… Read More

Japanese Finance Minister Says Blockchain or DLT May be Useful for COVID-19 related Contact Tracing

Taro Aso, the Japanese Finance Minister, has reportedly said that blockchain or distributed ledger technology (DLT) could potentially help with combating the COVID-19 pandemic. Aso believes that DLT-powered solutions may be used for contact tracing while ensuring the privacy of user data. Aso, whose comments… Read More

Securitize Powers LIFULL Real Estate Crowdfunding Platform in Japan

LIFULL Co., Ltd., operator of a Japanese real estate listing website “LIFULL HOME’S” has partnered with Securitize to offer digital securities based on real estate assets. According to a note from Securitize, LIFULL and Securitize are emblematic of the evolution of the global digital securities… Read More

COVID-19 leads to Increased Blockchain Adoption to Combat Digital Counterfeiting, Improved Data Management in Japan, Industry Execs Claim

The COVID-19 outbreak had led to many Asian countries exploring the adoption of blockchain or distributed ledger technology (DLT) in order to securely manage data, according to an update from the Nikkei Asian Review. Tomohiro Maruyama, senior manager of PricewaterhouseCoopers (PwC) Consulting, told Nikkei that… Read More

Tel Aviv’s Liquidity Capital and Japanese Financial Giant MUFG Establish $80 Million Initiative for Asian Digital Commerce Startups

An Israel-based AI technology firm is planning to help MUFG Bank, which is Japan’s largest financial institution, with assessing the operations of Asian startups in order to determine the feasibility of issuing loans to them. The $80 million 50-50 joint initiative between Tel Aviv based… Read More

Japanese Payments & E-Commerce Platform hey Secures Growth Investment Through Series E Funding Round Led By Bain Capital Tech Opportunities

    hey, a payments and e-commerce platform in Japan that helps businesses easily create bespoke online stores and process in-store cashless payments, announced on Tuesday it secured a Series E investment, which was led by Bain Capital Tech Opportunities with participation from PayPal Ventures, Goldman Sachs, YJ Capital, Anatole,… Read More

CBDCs: Bank of Japan and the Central Bank in the Philippines Continue to Conduct Research to Determine Feasibility of Digital Currencies

The Bank of Japan or BOJ (JASDAQ: 8301), the nation’s central bank that’s headquartered in Chūō, Tokyo, has reportedly appointed Kazushige Kamiyama, a prominent economist, as its head of a department that’s tasked with conducting research on central bank digital currencies (CBDCs). Reuters reports that… Read More

Deutsche Bank Now Enabling Airwallex to Provide Virtual Account Collections & API-Enabled Foreign Exchange Services in Japan & Hong Kong

Deutsche Bank announced on Monday it will enable global fintech Airwallex to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong. According to Deutsche Bank, the solution will further allow Airwallex to seamlessly process and convert cross-border payments made to… Read More

Monero (XMR), Zcash (ZEC), Stellar (XLM) to be Delisted by Liquid Exchange so it can Prepare to Acquire Payment Services License in Singapore

The Electric Coin Company (ECC), which supports the development of Zcash (ZEC), a privacy-oriented cryptocurrency, recently revealed that Liquid will be delisting ZEC along with 28 other digital currencies or tokens because the Japanese crypto trading platform is planning to apply for a license to… Read More

When Carlos Ghosn Fled Japan, the Exfil Team Was Paid in Crypto – Report

Carlos Ghosn, once the Chairman of Nissan and now a bit of a fugitive, fled Japan in 2019 after being charged by authorities for allegations of misappropriated funds pertaining to the automotive firm. In December of 2019, Ghosn evaded the watchful eyes of Japenese authorities… Read More

CBDCs: China and Japan Continue to Work on their Respective Digital Currency Projects, New Reports Confirm

The global COVID-19 crisis has forced many businesses to either shut down or make significant changes to their business models. Individuals and companies are increasingly using digital platforms and services to conduct transactions or complete routine tasks that they normally carried out at physical locations…. Read More

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