Tokyo, Japan, 10 Aug 2023 – Digital Wallet Corporation (DWC), known as the owner and operator of the number one money transfer service in Japan, Smiles Mobile Remittance, is thrilled to announce its successful transition to the next phase of business growth with its second issuance of corporate bonds for 200 million JPY. The amount was underwritten by Mizuho Bank, Japan’s third-largest financial services company.
Including this second issuance of the corporate bond, DWC has secured corporate loans and debt insurance from a few major banks, and the total amount reached almost 1.1 billion JPY. This financial preparation marks the successful fulfillment of DWC’s second venture growth, emphasizing the company’s dedication to providing better high-tech solutions in the global fintech landscape.
“Securing over 1 billion JPY by the series of corporate financing by major banks for our next stage of business growth reflects the trust we’ve earned from excellent financial institutions, thanks to our customers’ support of our services,” said Mr Eiji Miyakawa, CEO and Founder of DWC. “Overcoming the typical challenges faced by ventures, our success in obtaining this funding is a testament to the confidence placed in us by our supporters. Moving forward to cultivate a better world for international society, we remain dedicated to innovation, advancing our services and preserving the trust of our valued customers and partners.”
As Digital Wallet Corporation moves into this next phase of its business expansion, it stays committed to enhancing its cutting-edge technology, customer-centric approach, and strategic partnerships to continually improve its services and offer a life-changing experience to its loyal customers.
About Digital Wallet Corporation
Digital Wallet Corporation (DWC) is a mobile fintech venture company established by former Sony engineers in Tokyo, Japan. Using fintech, artificial intelligence, big data and mobile technology, DWC offers global money transfer and payment services, digital wallet, and mobile marketing. Visit us at www.digitalwallet.co.jp and follow us on LinkedIn.