Financial Services

Announcing the companies participating in TMG’s “FinTech Program: Asia meets Tokyo” accelerator program

The Tokyo Metropolitan Government (TMG) formulated the “Global Financial City: Tokyo” Vision with the aim of making Tokyo an unrivalled global financial center by promoting the nurturing of the FinTech industry.

As part of this initiative, we have launched the Tokyo Metropolitan Accelerator Program “FinTech Program: Asia meets Tokyo” for FinTech startups in Asia, for which we were inviting participants between November 27 and December 14 of last year.

As a result of these efforts, we are pleased to announce that we have received applications from 52 companies from 9 different countries and regions in Asia. From these, we have selected 8 FinTech startups, listed below, to participate in the program, in which they will pitch their business plans, receive mentoring, and take part in other business matching activities.

1.  Overview of Business Plan Pitch Event
Format: Streamed online (available on-demand via YouTube)
Date and Time:  Available for viewing from Monday, January 18, 2021 at 2:00 PM, until Monday, January 25, 2021 at 11:59 PM

Target:
Investors and companies in Tokyo, and those interested in the program

How to view:
Reservation is required prior to the event.
Please register at the URL below, and the URL of the event hosting site will be emailed later.

                    https://eventregist.com/e/asiameetstokyo

Speakers:  KOIKE Yuriko, Governor of Tokyo
                Mr. MATSUMOTO Oki, Monex Group, Inc. Chairman& CEO

                Selected FinTech startups (8 companies)
                Ms. YONEOKA Waki, Managing Director Japan at Moneythor

Language: Japanese and English (with subtitles)

2.  Overview of selected FinTech startups  (alphabetical order)
*If you would like a business matching with any of the below companies, please attend the Business Plan Pitch Event

Company Name: AIDA Technologies
Country / Region: Singapore
Primary Service: Digital solutions for insurance operations that utilize artificial intelligence and machine learning, which contributes to improving the profitability of insurance companies by detecting fraudulent claims and overclaims in health insurance, and automating underwriting and agency management.

Company Name: AIZEN Asia Pacific
Country / Region: Singapore
Primary Service: A new credit scoring system through a multi-dimensional AI model that utilizes alternative data such as purchase data, which contributes to diversification of financing methods and improvement of credit risk.

Company Name: Allinfra Ventures Limited
Country / Region: Hong Kong
Primary Service: Helps to mitigate the risks associated with green investment, using a blockchain-based environmental platform to improve financial positions and ESG scores.

Company Name: CoverGo
Country / Region: Hong Kong
Primary Service: Services that realize fast development of new functions and workflow reforms for the digitization of all insurance business including contract management, billing, and new product sales, using a highly flexible insurance platform equipped with more than 500 APIs.

Company Name: IBSFINtech India Pvt Ltd.
Country / Region: India
Primary Service: Comprehensive risk management solutions to effectively manage information on FX, finance, and trade finance, and enhance the global operations of group companies.

Company Name: Intensel
Country / Region: Hong Kong
Primary Service: Cloud-based SaaS solutions that can analyze climate risks related to client companies’ assets using dynamic climate models, satellite data, and high-accuracy financial models.

Company Name: Nextbillion.ai
Country / Region: Singapore
Primary Service: Inexpensive, highly flexible custom map solutions utilizing company data that can be used for transportation, logistics, smart city related business, etc.

Company Name: Tookitaki
Country / Region: Singapore
Primary Service: AML analysis solutions via a unique machine learning model that automatically selects risk indicators from ever-changing customer behavior and detects suspicious transactions without using personal information or setting specific thresholds.

[Contacts]
Special Zone Strategic Projects Promotion Section,
Strategic Projects Division, Office for Strategic Policy and ICT Promotion,
Tokyo Metropolitan Government
TEL: 03-5388-2117

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