MUFG

57 results about this entity

Period: 01 Oct 2015 - 17 Apr 2024

/startups

B2B credit network Fundbox secures fresh investment from MUFG

US B2B payment and credit network Fundbox has secured a fresh equity investment from MUFG Innovation Partners, the corporate capital arm of the giant Japanese bank.

/wholesale

Mosaic Smart Data publishes weekly analysis of FX liquidity

Liquidity in the foreign exchange (FX) markets is returning to pre-COVID-19 levels for some of the G10 currencies, but emerging markets are not faring as well.

Grab scoops $850 million in funding from MUFG and TIS

Grab has announced today an investment of over US$850 million from Japanese investors, including Mitsubishi UFJ Financial Group Inc. and TIS Inc., that will go toward creating accessible and affordable financial services for Southeast Asia in order to boost financial inclusion in the region.

MUFG to invest $700 million in Grab

MUFG Bank is to invest $700 million in Singapore ride-hailing giant Grab, according to the Nikkei.

/payments

MUFG Union Bank taps RTP network for real-time payments

MUFG Union Bank N.A. today announced that receipt of real-time payments is available for its corporate, retail, and small business clients via the RTP® network, operated by The Clearing House.

MUFG appoints digital lead CEO

After just a year in the job, Mitsubishi UFJ Financial Group CEO Kanetsugu Mike is being replaced by the Japanese giant's digital chief Hironori Kamezawa.

MUFG executes first transaction on blockchain network Komgo

MUFG Bank has successfully executed its first live digital transaction on komgo, a blockchain based commodity trade finance platform led by KomGo SA.

MUFG disputes reports of digital currency joint venture

Japan's MUFG has refuted media reports that it is preparing to launch a a digital currency as part of a payments joint venture with human resources outfit Recruit Group.

BlueVine raises $102.5 million

Citi Ventures. MUFG Ventures and Nationwide have joined in a $102.5 million equity financing round for small business banking vendor BlueVine.

MUFG leads security token consortium

Japanese financial services giant MUFG is leading a new Security Token (ST) Research Consortium, working on infrastructure that enables automatic securities and fund settlement via blockchain technology.

Combining bank skill sets with those of fintechs in the US

David Reiling, CEO, Sunrise Banks, speaks at Money 20/20 USA in Las Vegas, about the new opportunities partnerships present for banks in the US, what different skill sets are brought together when banks are combined with the fintechs, how these help in the area of cyber security and those where customers are able to better manage their money.

/wholesale

Banks join forces on digital platform to help firms trade globally

A group of 14 banks - including Santander, RBC and MUFG - has launched a digital platform designed to tackle international trade barriers.

Securitize secures big bank backing in $14 million funding round

Santander InnoVentures, MUFG and Nomura have joined in a $14 million funding round for token issuance technology provider Securitize.

MUFG switches head office building electricty to renewable energy

MUFG Bank, a consolidated subsidiary of MUFG, announced today that it has switched to TEPCO Energy Partner, Inc.’s “Aqua Premium” plan, an electricity plan which uses only electricity generated from non-carbon-emitting hydropower resources.

Wall Street messaging firm Symphony raises $165m

Financial communication platform Symphony has set its sights on an aggressive global expansion after raising $165 million in a funding round joined by Standard Chartered and MUFG Innovation Partners.

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

/regulation

MUFG joins Series B round in Chainalysis

Cryptocurrency compliance outfit Chainalysis has raised an additional $6M to close its $36M Series B round with an investment from Japan’s largest financial institution, MUFG, as well as Tokyo-headquartered VC Sozo Ventures.

/security

MUFG turns on biometric authentication with Nok Nok Labs

Nok Nok Labs (Nok Nok), the trusted leader in next-generation authentication today announced that its partner Hitachi, Ltd., successfully deployed the Nok Nok S3 Authentication Suite (NNL S3 Suite) at MUFG Bank, Ltd. (MUFG Bank), Japan's largest bank.

Akamai and MUFG to roll out blockchain-based payment network in 2020

Mitsubishi UFJ has formed a joint venture with Akamai for the roll out of a new blockchain-based online payment network.

MUFG launches $185m fintech fund

Japan's Mitsubishi UFJ Financial Group (MUFG) has set up a $185 million venture capital fund to invest in fintech startups.