An unknown buyer acquired SBI Remit Co., Ltd. from SBI FinTech Solutions Co., Ltd. for ¥3 billion.
March 30, 2022
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An unknown buyer acquired SBI Remit Co., Ltd. from SBI FinTech Solutions Co., Ltd. (KOSDAQ:A950110) for ¥3 billion on March 31, 2022. As per the transaction, SBI FinTech Solutions Co., Ltd. sold 18000 shares of SBI Remit Co., Ltd.
An unknown buyer completed the acquisition of SBI Remit Co., Ltd. from SBI FinTech Solutions Co., Ltd. (KOSDAQ:A950110) on March 31, 2022.
SBI FinTech Solutions Co Ltd is a Japan-based comprehensive fintech solutions company that operates payment service business, software as a back-office service (SaaS) business, and international remittance business. The Company operates in three business segments. The Payment Service segment is engaged in the provision of online payment service, terminal payment service for stores, and various financial services centered on factoring. The Back-Office SaaS segment is engaged in the provision of back-office support services such as the cloud-based invoice management system SEIKYU QUICK, the expense settlement system KEIHI BANK, and the approval system SHONIN TIME, as well as security service. The International Remittance segment is engaged in the provision of international remittance services.