The following startup list was provided by "Nikkei FinTech database 2017-2018 publication (Nikkei BP company)" and translated by Fintech Association of Japan(FAJ). Some members of Fintech Association of Japan(FAJ) are included. (These information are as of the end of March 2017.)
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Remittance(7)

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  • 1 AnyPay Inc.

    URL
    https://anypay.jp/
    Service/Product
    paymo
    Total Equity Funding
    non-disclosed
    Investor
    non-disclosed
    Description
    AnyPay provides a remittence service between individuals with smartphones called Paymo. Users can register with arbitrary products and their prices, and are able to bill other users through QR code, email, or a Line app. It can be completed without knowing anything about each other's credit card information, and it can be used to split a bill at a social gathering, as well as for online selling by individuals. As of January 2017, Paymo’s payment fee is currently free.
    Category
  • 2 deBit

    URL
    http://www.debit.co.jp
    Service/Product
    unknown
    Total Equity Funding
    non-disclosed
    Investor
    non-disclosed
    Description
    deBit provides debit and credit card payment services with Bitcoin that clients can use at registered stores. The service is compatible with 6 legal currencies--USD, Euro, JPY, GBP, AUD, and HKD-- transactioned at the most advantageous prices for users at their location whenever they make a payment. Additionally, the service enables exchanging even non-compliant currencies at ideal rates, so that users can conveniently make payments.
    Category
  • 3 JP Links

    URL
    http://www.jplinks.com/
    Service/Product
    Bankur
    Total Equity Funding
    JPY 550 million/unknown
    Investor
    1 Institutional investor
    Description
    JP Links operates a cut-down service for domestic remittance for corporate and one-person businesses, called Bankur. By automating remittance, the company can provides a fixed rate, JPY 280 yen, for the service. The company began providing a 4 times-a-day remittance system, as well as a remittance change of ownership system in January 2017. Clients receive liability insurance money in case fraud occurs. The company acquired ISO27001 for the Bankur service.
    Category
  • 4 Kyash

    URL
    https://kyash.co/
    Service/Product
    Kyash
    Total Equity Funding
    Over JPY 1 billion/A
    Investor
    JAFCO, Sumitomo Mitsui Banking Corporation, ITOCHU Corporation, Dentsu Digital Holdings, Mizuho Capital, SMBC Venture Capital
    Description
    Kyash recently began providing a free remittance service app for transfers between individuals in April 2017, called Kyash. When users charge to a Visa card issued by Kyash, they can use that Visa card at all registered stores from home and abroad, including shopping online. From December 24th 2016, the company has provided an invitation-only closed beta version of the app, and released it on iOS in Spring 2017. In December 2016, the company formed a capital and business alliance with MitsuiSumitomo Financial Group, Dentsu Corporation, and Itochu Corporation.
    Category
  • 5 giftee Inc.

    URL
    https://giftee.co.jp/
    Service/Product
    giftee
    Total Equity Funding
    over JPY 50 million/Venture
    Investor
    Degital Garage Group, Sunbridge Global Ventures, ISETAN Mitsukoshi Innovations
    Description
    giftee provides a social gift service where people can send gifts through email and SNS easily. The smallest amount starts from JPY 100. Because of the simple process of sending the gift URL link to receivers, the number of users has exceeded 200,000. Shops registered for the service number over 25,000.
    Category
  • 6 Gracone

    URL
    http://gracone.co.jp/
    Service/Product
    KIZUNA
    Total Equity Funding
    non-disclosed
    Investor
    non-disclosed
    Description
    Gracone is in the process of establishing a website enabling people to send donations to foreign children with Bitcoin, called Kizuna. The main issue with sending monetary donations overseas is the remittence fee. By utilizing Bitcoin, the remittence fees cost less, for instance, sending JPY 100,000 would cost just over JPY 6000. By spending less for the fee, the company aims to support local communities overseas by connecting donors who can send them more money.
    Category
  • 7 TransferWise Japan K.K.

    URL
    http://transferwise.com/jp/
    Service/Product
    TransferWise
    Total Equity Funding
    non-disclosed
    Investor
    non-disclosed
    Description
    TransferWise's mission is to provide the lowest cost and fairest way of transferring money internationally. Using peer-to-peer technology and without any hidden charges, it makes sending money abroad up to eight times cheaper compared to using a bank. We’re making the world a bit better by helping to make the financial system fair. The service provides for 1 million users, 38 different currencies, and a total of 645 various remittance routes.

    For money transfer services from Japan to overseas, the fee is between 0.8% for major routes and 1.5% for other routes. Customers can easily send money with a few clicks through their website, iPhone, or Android device.
    Category