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Financie Inc. Raises a Total of JPY 1.5 Billion(*$10.8 million) in Funding From TIS Inc.

Wednesday, 26 July 2023 12:00 AM

  • Financie raised a total of JPY 1.5 billion($10.8 million) in 1st & 2nd close funding from TIS. Cumulative amount raised exceeds JPY 2.8 billion($20.2 million).
  • TIS and Financie form a capital and business alliance, aiming for financial inclusion and solutions to regional issues.
  • ex-Director of Animoca Brands appointed as adviser to prepare for FNCT global expansion.

*$1=JPY 138.88 as of 18 July

TOKYO, JAPAN / ACCESSWIRE / July 26, 2023 / Financie, Inc.(Head Office: Shibuya-ku, Tokyo; CEO: Hironao Kunimitsu; hereinafter "Financie") announces that, as a 2nd close, it has raised additional funds with TIS Inc.(President: Yasushi Okamoto, hereafter TIS) as the underwriter. In addition, the two companies have entered into a capital and business alliance with the main themes of financial inclusion and resolving regional issues.

Financie Token, Friday, July 21, 2023, Press release picture

Financie has helped more than 200 companies and organizations form communities and ecosystems, including the blockchain-based token-issuing crowdfunding service FiNANCiE, NFT projects and IEO support projects. It has also recently appointed Ms. Zaf Chow, ex-Director of Animoca Brands, as an advisor.

2nd close Fundraise

The total amount raised in this 2nd close is JPY 1.5 billion($10.8 million), and the total amount raised through equity to date has reached JPY 2.8 billion($20.2 million). There are 4 underwriters including J. Front Retailing, FFG Venture Business Partners which is a venture capital entity of the Fukuoka Financial Group, MARUI GROUP CO., LTD. and TIS Inc.

Financie will use the raised funds to strengthen its business ties with each of the underwriters.

Reference: Financie raised a total of JPY 1.1 billion($8.2 million) from FFG Venture Business Partners and Marui Group in its 1st close with the addition of J. Front Retailing as the 1st close.

https://medium.com/@financie-fnct/financie-raised-a-total-of-jpy-1-1-89b31f110471

Capital and business alliance with TIS Inc.

Financie has entered into a capital and business alliance with TIS Inc of TIS Intec Group.

Through collaboration between Financie's token economies in the regional/sports industry and TIS's social system infrastructure with payment functions, the two companies aim to further expand their businesses with the following as collaborative themes.

Financial Inclusion

Joint business promotion centered on the integration of payment functions in Community Tokens and NFT-related businesses

Integration and collaboration between Financie token ecosystem and existing financial services

Resolving regional issues

Building relationships with the local community through cooperation with furusato nōzei(hometown tax donation program), electronic resident registration, and digital currency

IEO Support

Collaboration in overall process support, token ecosystem and utility implementation, and security audits

Security

Collaboration to operate the token ecosystem with high security

Collaboration in the analysis and monitoring of money laundering and other illegal activities

Appointment of Ms. Zaf Chow as an adviser

Financie Token, Wednesday, July 26, 2023, Press release picture

Ms. Zaf had been responsible for digital strategy and partnerships at Animoca Brands, a leader in the web3 digital entertainment industry with subsidiaries such as The Sandbox, a metaverse platform.

By bringing in Ms. Zaf, who has extensive experience in the fields of web3 and digital entertainment, as an advisor, Financie aims to promote its global expansion and external collaborations, and extend the "community-led" creator economy created by FiNANCiE and FNCT.

About Financie, Inc.

Financie, Inc. is a company that provides consecutive support for the formation of token-based communities and ecosystems, including the blockchain-based token-issuing crowdfunding service FiNANCiE, the NFT business, and the IEO support business. Currently, we have issued, sold, planned, and operated tokens for over 200 sports teams, entertainment projects, and individuals, and are aiming to establish the only Web3 platform in Japan that supports the formation and expansion of token ecosystems in a single integrated manner.

About FNCT (Financie Token)

Official Site: https://fnct.xyz

Twitter (EN) : https://twitter.com/Fnct_Officialen
Twitter (JP) : https://twitter.com/Fnct_Official
Discord : https://discord.gg/fnct-official
LINE : https://lin.ee/8M4HSQW

Media Contact:
CEO name:Hironao Kunimitsu
Email:https://www.corp.financie.jp/contact
Company:Financie, Inc.

SOURCE: Financie Token

Topic:
Company Update
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