Japan

LINE Pay Begins Integrating WeChat Pay

LINE Pay Corporation, operator of the LINE Pay mobile money transfer and payment service available on the LINE messaging app, announced recently that its merchants have been integrating WeChat Pay since early August. Once system integration is complete, WeChat Pay

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Sony and Daiwa Want Their Newly Launched Startup Fund to Hit 20 Bil Yen

Sony and Daiwa Capital announced the establishment of Innovation Growth Ventures (IGV), a joint venture company created to establish a joint investment fund. IGV has recently completed the first Limited Partner commitment for its Innovation Growth Fund, set up for

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Top 10 Fintech Startups In Japan

In 2018 and early 2019, the Japanese fintech market witnessed significant developments. Japan’s Financial Services Agency (FSA) published a report in December 2018 which proposed new regulatory requirements for virtual currency exchange service providers and a new regulatory framework for

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Fintech Accelerators and Incubators in Taiwan, Japan and South Korea

In the past years, Asia Pacific has seen strong growth in its fintech ecosystem, rapidly catching up with the US and Europe. In Japan, Tokyo has witnessed the development of a vibrant fintech network and regulators have recently launched fintech-friendly

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Competition Heats up for Japan’s Mobile Payments Market

Mobile payments is rapidly becoming a dynamic market in Japan as the government pushes to increase cashless payments to 40% of transactions by 2025 from 20% in 2016. Japan is a highly cash-dependent society with cash in circulation amounting to

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Fintech In Japan: How is The World’s 3rd Largest Economy Tackling Fintech?

A global technological leader, Japan has witnessed the emergence of a thriving fintech landscape in the past two years as startups, industry players, regulators and government collaborate to build a favorable environment for innovation. Tokyo in particular is home to

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10 Best-Funded Fintech Startups in Japan

Japan has seen strong growth in the fintech ecosystem in these past several years as fintech startups, industry players, regulars and government have collaborated to build a sustainable and scalable environment for innovation. Fintech has been considered one of the

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US$55 Million Series C Funding for Japanese Fintech

Paidy – the instantly issued post-pay credit account linked to mobile phone number company from Japan, has announced at RISE in Hong Kong a Series C funding round of US$55 million. The investment is being led by ITOCHU Corporation, with

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Japan Crypto Exchange Update: 16 FSA Approved Exchanges

BITOCEAN (株式会社BITOCEAN) was the last exchange approved by the FSA, on December 26, 2017. Since the Coincheck hack in January 2018, all FSA personnel have been focused on strengthening the control infrastructure of existing exchanges and pending applicants, with a number

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