Japan’s sticker character production Quan to merge with cartoonist agency Wwwaap

Tokyo-based Quan, the Japanese startup producing characters like Betakkuma and Business Fish for messaging stickers, has announced that it will merge with Wwwaap (pronounced ‘warp’), an agency of cartoonists and influencers. The two companies will be merged by January of 2022 to establish a new company called Minto. Quan’s CEO Kazuhiro Mizuno will be appointed […]

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University of Tokyo to set up $536m fund for school-born startups

University of Tokyo to set up $536m fund for school-born startups

TOKYO — The University of Tokyo plans to start investing in startups spawned at the institution drawing from a new 60 billion yen ($536 million) fund, Nikkei has learned, as it aims to support the creation of unicorns and help Japan catch up in the global tech race. The fund is expected to become Japan’s largest university-launched […]

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PayPal acquires Japan’s Paidy for $2.7B

PayPal acquires Japan’s Paidy for $2.7B to crack the buy now, pay later market in Asia  

PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay later (BNPL) service platform, for approximately $2.7 billion (300 billion yen), mostly in cash, to enhance its business in Japan. The transaction completion, including the regulatory approval, is expected in the fourth quarter of 2021. After the acquisition, the […]

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Autify, AI-powered software testing automation platform

Autify advances no-code AI-powered software testing automation platform with $10M Series A

While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa, CEO and co-founder of Autify, came to realize that there’s one common problem in the software development industry; software testing takes excessive time. Chikazawa and co-founder Sam Yamashita started Autify in 2016 in San Francisco to […]

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