Joba Network, a Web3 startup headquartered in Tokyo, Japan, has secured an investment from Decima Fund, a Web3 investment firm based in Japan. The funding round also saw participation from a group of angel investors. The exact amount of the investment remains undisclosed. The investment is intended to support Joba Network’s change of traditional work […]

Japanese fintech leader SmartPay has secured $7 million in a pre-Series A funding round, oversubscribed and led by SMBC Venture Capital. Other participants in the round include Japanese venture capital firm Angel Bridge, European venture capital firm Global Founders Capital, and American venture capital firm Matrix Partners. Smartpay, one of the leading fintech startups in […]

The Southeast Asian fintech startup has been a dynamic landscape, with countries like China, India, Singapore, and Indonesia emerging as fintech hubs, each with unique strengths and focus areas. Besides, governments across Asia actively work on fintech regulations to balance innovation and consumer protection. In 2023, the industry attracted substantial investments, with strong financial inclusion […]

Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) has announced its plans to acquire Mandala Multifinance, an Indonesian auto loan provider, for 7 trillion rupiahs ($467 million). As part of the deal, MUFG’s subsidiary, MUFG Bank, will hold a 70.6% stake in Mandala Multifinance, while Adira Dinamika Multi Finance, a subsidiary of Bank Danamon, will […]