Join Our Mailing List
Saturday January 28, 2023
Bitcoin (BTC) $22,937.15   Ethereum (ETH) $1,570.73
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Wallets

Japanese bank Mizuho enters joint venture with Metaps for digital wallet app

Published by CryptoNinjas.net
04/19/2017

Mizuho Financial Group, Mizuho Bank, Metaps and World Innovation Lab, LLC have recently announced an agreement for capital participation and business cooperation for the purpose of providing a new payments settlement service.

Based on an MoU signed by the four companies on October 13, 2016, the four parties will establish a new company with the primary purpose of providing a new digital wallet app for electronic payments and leveraging big data.

This jointly-established new company will be able to take advantage of Mizuho’s customer base and expertise in financial services together with Metaps’ data analytics and electronics payments knowledge and smartphone app expertise, along with support from WiL, a venture capital firm with an extensive network of innovative service providers, to create and provide the new payment services detailed below.

Overview of the new company

The following basic points were agreed upon regarding the company’s establishment. The company’s capital structure will be negotiated between the four founding companies with consideration of the new company’s medium- to long-term outlook.

1. Name: M Wallet Preparation Company Inc.
2. Head office location: 6-8-1 Nishi Shinjuku, Shinjuku-ku, Tokyo
3. Purpose of business: 1) Facilitation of electronic payment via digital wallet app 2) Payment data-leveraged marketing 3) Other related business
4. Date of establishment: May 1, 2017 (scheduled)
5. Representative Director: Mitsuhiko Ogihara (currently President & CEO of SPIKE Payment Inc.)
6. Launch of operations: Summer 2017 (scheduled)

Outline of digital wallet app for electronic payment

1. Issuance of e-money credited directly from the bank account
2. Provision of digital wallet app that utilizes e-money
3. Targeted marketing that connects users with member stores through analysis of payment data

The four companies plan to continue to explore the possibilities of FinTech services through the development of this digital wallet app.

44
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Japan crypto exchange Coincheck acquires Metaps Alpha to grow NFT ecosystem

02/05/2021
Japan crypto exchange Coincheck acquires Metaps Alpha to grow NFT ecosystem

Coincheck, the Japan-based bitcoin and cryptocurrency exchange company, announced today it has acquired all shares of Metaps Alpha Co., Ltd. Coincheck signed a share transfer agreement with the company's parent company, Metaps Co., Ltd....

Read more

Metaps Plus and OST to develop blockchain-powered mobile coupons

10/24/2018
Metaps Plus and OST to develop blockchain-powered mobile coupons

Metaps Plus, a Korean fintech company and a subsidiary of Tokyo-based Metaps Group has announced a new strategic partnership with OST to develop blockchain-powered coupons and mobile payments by leveraging OST technology and the OpenST and OpenST Mosaic...

Read more

Korea’s Metaps plans to start ICO advisory service business

07/13/2018
Korea’s Metaps plans to start ICO advisory service business

Metaps Inc., a Korean fintech platform across mobile commerce and marketing today announced plans to start an ICO platform business through a new subsidiary company in order to further expand its business. Metaps plans...

Read more

Ripple (XRP) powered mobile app to deliver instant payments within Japan

03/07/2018
Ripple powered payment app in Japan to launch

As a follow up to December 2017 news that banks in Japan would establish a “consortium of payment card industries utilizing blockchain technology..." today it was advertised that the banking consortium has named its...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy