Catching Fire? Japan’s Fintech Industry Report Is Out

Over the past few years, the Fintech industry has gained widespread popularity in some of the world’s leading investment hubs - most notably New York, London and Silicon Valley. The Asia-Pacific (APAC) region has been quick to catch up, with Singapore and Hong Kong following in the footsteps of the major centers. Given its strong technological orientation and leading global position as far as electronic trading is concerned, Japan makes a compelling case for the Fintech start-ups.

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The local financial market has been a resurgent arena for new tech solutions, targeting the Fintech sector. How can global players penetrate this market? "The following elements are necessary," Yuji Kusunoki , President of Rakuten Securities, recently said in an interview with Finance Magnates following the acquisition of FXCM Japan and Hong Kong. “Japanization, that is a localization approach, low cost and commitment."

Addressing key fields in which Fintech related investments may take place, Mr. Kusunoki cited payment, Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, remittances, and "robo-adviser."

Its foray into the world of Fintech is the latest in a string of ventures that has seen investment and funds pour into the country, advancing technology for both market participants and individuals.

“There are currently many interesting Japanese Fintech firms operating in a number of areas, such as Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, electric moneys, PFM (Personal Financial Management), investment, finance, financial information, accounting, etc.,” noted Fujino Hiroshi, Founder and CEO of GoodWay Inc. in a recent interview with Finance Magnates.

Growth Prospects

Finance Magnates delved into the burgeoning Fintech scene in Japan, ascertaining the extent of incoming investment flows and the prospect for future growth, namely as it pertains to the salience of the industry itself.

Subsequently, our research team has cast a light on the Japanese Fintech realm, having uncovered a number of interesting trends that can help trace the future trajectory of the emergent industry. Prospective readers are encouraged to contact our team to request a copy of the comprehensive report at sales@financemagnates

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