Posts Tagged ‘Japan’

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology. The nine banks involved in the effort comprise a consortium called the Japanese Banks’ Payment Clearing Network (or Zengin — net). Fujitsu will build and provide the new trial platform using blockchain technology and will also utilize a peer-to-peer money transfer […]

Google ends cryptocurrency ad ban — but only for certain kinds of ads

Google is ending its sweeping ban on cryptocurrency-related advertising and plans to allow regulated crypto exchanges to buy ads in the United States and Japan. The new policy starts in October. Google’s updated policy applies to advertisers all over the world, though the ads can only run in the U.S. and Japan, and interested parties will […]

Japanese bitcoin exchange is robbed of $60 million worth of cryptocurrency

Japanese cryptocurrency exchange Zaif has been robbed of $60 million worth of digital coins. Zaif was hacked on September 14th during a two-hour time frame. Three days later, it uncovered server problems and began to investigate. By September 18th, it confirmed it was hacked and notified authorities. Of the $59.67 million stolen, almost $20 million belonged […]

Fintech Trends — How Belgium and Japan Resemble & Differ

Numerous articles compare different European countries or compare Europe and the US when it comes to financial regulation, the IPO market or the types of FinTech applications that are easily adopted (or not) by the public. Simont Braun decided to take a look in a different direction and together with the Japanese law firm Keiwa […]

4 Japanese AI and fintech startups to look out for at TIA Tokyo 2018

At Tech in Asia Tokyo 2018, hundreds of startups will showcase their products and services at the heart of the conference floors. Among them are four AI and fintech startups you can meet at Startup Factory this September 21 & 22. KB-eye Taktpixel finbee i-donuts Read more

Japanese Social Media Giant LINE Launches Cryptocurrency, DPoS Blockchain

Japanese social media company LINE has launched its own cryptocurrency, named “LINK,” complete with an independent blockchain designed to serve as a platform for decentralized applications (dApps). The blockchain is based on a Delegated Proof-of-Stake (DPoS) consensus algorithm to facilitate speedy transactions. Further, the blockchain is already up and running. LINE stated that it has no […]

Japanese fintech startup Paidy lands strategic investment from Visa

A month after announcing its $55 million Series C, Japanese fintech startup Paidy has snagged a strategic investment from payment giant Visa. Paidy didn’t disclose how much Visa put into its business, which has raised over $80 million to date, but it did say that it will work with the credit card giant to develop […]

Digital Garage & Tokyo Tanshi launch a blockchain financial services JV

Digital Garage, a Japanese listed company engaged in diversified online businesses, including venture investment, online advertising, and e-commerce payment services, and The Tokyo Tanshi Co Ltd, which is a provider of brokerage services in the interbank market, have announced a plan to establish Crypto Garage, a joint-venture for researching, developing, and commercializing blockchain financial services […]

Japanese fintech startup Paidy raises $55m Series C from ITOCHU, Goldman Sachs

Tokyo-based fintech startup Paidy has raised a $55 million Series C round led by ITOCHU Corporation with participation from Goldman Sachs. The startup’s unique point is it allows users to buy online without creating an account or using credit cards. The transactions can be made through Paidy by entering the mobile phone and email for verification and […]

Meet the 50 top-funded startups and tech companies in Japan

Which Japanese startups are making the most impact? One way to judge – although imperfect – would be the amount of money they have raised. Using its data, Tech in Asia has generated a constantly updated list of 50 startups and tech companies in Japan who have raised the most money from investors in the past two […]