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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE JAPAN EDITION 2026

Japan’s
fintech industry,
in focus.

The companies, capital and talent shaping fintech in Japan. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Fintech Industry Landscape of Japan
JP
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Fintech illustration
Companies tracked 455Fintech ecosystem in Japan Disclosed funding $1.49B74 companies · all recorded rounds Companies hiring 6With open roles at the snapshot Tracked open roles 150 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore Japan’s fintech leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Explore the full landscape
Fintech company highlights in Japan, snapshot 2 September 2026
Company
Paidypaidy.com$341.24M—147—
Kyashkyash.co$110.15M—47—
WealthNaviwealthnavi.com$97.84M—164—
Money Designmoney-design.com$81.75M—60—
Foliofolio-sec.com$81.75M—100—
NETSTARSnetstars.co.jp$66M—127—
Paytnerpaytner.co.jp$58.69M———
Fundsfunds.jp$38.9M—22—
DCOMsendmoney.co.jp—5 roles——
Yoiiyoii.jp—4 roles——
Degicadegica.com—2 roles——
bitFlyerbitflyer.com—2 roles15—
GIG-Agigabank.jp—1 roles—Financial figure available in RadarView in Radar
sbi r3 japansbir3japan.co.jp—1 roles——
Accretive Companyaccretive.jp——287—
AirREGIairregi.jp————
Epos Cardeposcard.co.jp————
Global Mobility Serviceglobal-mobility-service.com——105—
Infcurioninfcurion.com——272—
JCBglobal.jcb————
Life Cardlifecard.co.jp————
Orientorico.co.jp——4,416Financial figure available in RadarView in Radar
QUO cardquocard.com——194—
iYell Corporationiyell.co.jp——270—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Fintech industry KPIs in Japan

A few useful ratios bring the size of this ecosystem into perspective.

2 September 2026
Hiring participation1.3%

6 of 455 tracked companies have open roles.

Funding participation21.1%

96 of 455 tracked companies have a recorded round.

Top 3 funding share36.8%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$6.55M

Midpoint of 116 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 36.8% of disclosed capital, while 78.9% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Japan fintech has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Japan fintech
$0$77.14M$154.29M$231.43M$308.58M2016: $105.68M20162017: $40.87M20172018: $241.19M20182019: $235.07M20192020: $75.57M20202021: $270.68M20212022: $122.82M20222023: $97.39M20232024: $96.52M20242025: $88.01M2025
View the numbers
Annual fintech funding and company formation in Japan
YearFunding (USD)FoundedRaising
2016$105.68M2310
2017$40.87M347
2018$241.19M3411
2019$235.07M3111
2020$75.57M294
2021$270.68M2414
2022$122.82M1614
2023$97.39M911
2024$96.52M615
2025$88.01M19
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Paidy22.9%
  • Kyash7.4%
  • WealthNavi6.6%
  • Other companies63.2%

Funding by stage

175 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel69 39.4%
Series A–B64 36.6%
Series C+ / PE25 14.3%
Grants, debt & other17 9.7%

Recent recorded rounds

Latest recorded rounds · USD
0 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series D03/2021
Paidypaidy.com$120M

Backed by Tybourne Capital Management and Wellington and others.

Series C11/2019
Paidypaidy.com$83M

Backed by Goldman Sachs and Mizuho Financial Group and others.

Series C03/2020
Kyashkyash.co$45M

Backed by Greenspring Associates and Goodwater Capital and others.

Series D03/2022
Kyashkyash.co$41.2M

Backed by Goodwater Capital and StepStone Group and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Japan; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Japan; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Japan companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

35 of the 455 companies on this page carry a measured traffic record (7.7%); these are the largest of those, by monthly visits. The median among them is 227,805 visits.

CompanyMonthly visitsAuthorityMobile
Rakuten Securitiesrakuten-sec.co.jp30,886,9768072.3%
Rakuten Cardrakuten-card.co.jp20,332,8947080.9%
Sumitomo Mitsui Cardsmbc-card.com13,516,5397378.1%
Rakuten Bankrakuten-bank.co.jp11,466,4206573.8%
VeriTransveritrans.co.jp6,524,9914773.7%
Credit Saisonsaisoncard.co.jp6,121,3486675.2%
Jibun Bankjibunbank.co.jp2,233,3505989.3%
bitFlyerbitflyer.com1,808,3615675.6%
Orientorico.co.jp1,434,8365773.9%
Somposompo-japan.co.jp1,079,5766177.3%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

125 of these companies (27.5%) publish at least one Android app — 221 apps in all, carrying 137.9M installs between them.

AppInstallsRatingStore category
PayPayPayPay48.9M4.2Finance
楽天カード：明細確認・家計簿アプリRakuten Card12.4M4.1Finance
じぶん銀行アプリ（auじぶん銀行）Jibun Bank8.1M3.5Finance
楽天銀行 -個人のお客様向けアプリRakuten Bank7.4M4.3Finance
三井住友カード VpassアプリSumitomo Mitsui Card6.5M3.3Finance
PaidyPaidy4.3M3.1Finance
iSPEED - Stock tradeiSPEED4.2M3.3Finance
セゾンPortal/クレジット管理Credit Saison4.2M3.4Finance
バンドルカード:Visaカードに後払いチャージ！Visa対応Vandle3.5M—Finance
PayPay銀行PayPay Bank Corporation2.9M—Finance

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q2–2025Q4).

SegmentAppsInstallsLeading appRelease trend
Payments8789.4MPayPay 48.9M
Banking Tech2122Mじぶん銀行アプリ（auじぶん銀行） 8.1M
Alternative Lending1713.5M三井住友カード Vpassアプリ 6.5M
Investment Tech679.3MiSPEED - Stock trade 4.2M
Business Payments Solutions32.6MPAY ID（ペイアイディー） 2.3M
Cryptocurrencies101.9MbitFlyer Crypto Exchange 1.4M
Digital Remittance101.2MSmiles Mobile Remittance 635.2K
Forex Tech16698.2KみんなのＦＸ - 為替レートがひと目で分かる！ 145.5K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q1: 12023Q1: 22023Q12023Q2: 12023Q2: 02023Q22023Q3: 62023Q3: 02023Q32023Q4: 12023Q4: 22023Q42024Q1: 22024Q1: 12024Q12024Q2: 62024Q2: 12024Q22024Q3: 12024Q3: 52024Q32024Q4: 12024Q4: 22024Q42025Q1: 22025Q1: 32025Q12025Q2: 22025Q2: 42025Q22025Q3: 12025Q3: 122025Q32025Q4: 22025Q4: 132025Q4

Darker bars are new releases, lighter bars apps updated. 94 of 221 apps carry a release date. The series ends at 2025Q4, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Japan fintech market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Consumer digital219
Enterprise tech161
Enterprise software71
Business payments solutions45
Blockchain42
Blockchain in financial services42
Saas37
Commerce enablers36
Online trading platforms35
Nbfc lenders29
Forex trading platforms24
Marketplaces23

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Consumer digital

The largest measured segment in this report snapshot.

219companies
0.9%have hiring activity

2 companies hiring · $1.03B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Commission on transaction305
Subscription236
Fee-for-service143
E-commerce - service123
Lending39
Advertising30
E-commerce - product19
Physical commerce6
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
IPO activitypaypay.ne.jp ↗

Earlier this year, SoftBank-backed PayPay raised $879.8m in its US IPO.

Mergers & acquisitionsrakuten-sec.co.jp ↗

Rakuten Securities Inc. grew its stake in shares of Science Applications International by 1,915.4% in the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after buying an additional 249 shares during the period.

Mergers & acquisitionsjcm-hq.co.jp ↗

Japan Cash Machine Co Ltd, also known as JCM Global, says its board has approved the acquisition of a “medium- and small-sized recycler/dispenser manufacturing and sales business” operated by Fujitsu Frontech Ltd.

IPO activitytoku.com ↗

Customer experience platform Toku to sell 65 million shares at S$0.25 apiece for its initial public offer.

Mergers & acquisitionssompo-japan.co.jp ↗

including Sompo’s acquisition of New York-listed reinsurer Aspen last year for $3.5 billion.

Funding roundsrubilink.io ↗

Each company received ¥24 million in pre-seed funding through Antler’s Inception Residency model.

Mergers & acquisitionssmartpay.co ↗

Resolve AI (NASDAQ: RZLV), a reference platform that acts at the intersection between artificial intelligence, trade and payments, today announced the acquisition of the Brazilian Smartpay, one of the most advanced digital asset payment platforms in the world.

Funding roundsfolio-sec.com ↗

Folio raised $14 million in a Series A financing round led by Sapphire Ventures

Contractsglobal.jcb ↗

JCB has agreed a long-term lease for the building and has been conditionally offered £2.9 million from the UK Government’s Regional Growth Fund to fund job creation on the site and to provide training program.

Full recorded event mix

Top 10 categories among 144 recorded events in the 24-month window.

Funding rounds
22
Mergers & acquisitions
20
IPO activity
17
Company announcements
16
Earnings
13
New products
13
Contracts
13
Leadership moves
11
Capital infusions
9
Job creation
4
5 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

3 companies with recorded IPO activity

PayPay ↗

IPO · US17 reports

Toku ↗

IPO · Catalist6 reports

Infcurion ↗

IPO · Tokyo1 reports

Leadership moves

1 tracked people moves

Scott Hansen

Appointment Chief Revenue Officer

Product launches

Products, platforms and features in the recorded window

JCB ↗
JCB Parts Online

Platform

Contract wins

2 recorded customer wins

Toku ↗

Customer: On-demand Delivery Platform

JCB ↗

Customer: Tata Steel UKSteel

Earnings pulse

Reported company results in the recorded window.

8companies
12period observations
11.8%median reported growth

Median across 12 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Rakuten Securities→Science Applications InternationalAnnounced2026-04-22$30.0K
japan cash machine→Fujitsu FrontechAnnounced2026-03-17Not stated in snapshot
Sompo→aspenCompleted2026-02-05$3.5B
rakuten→Rakuten Mart, Inc.; Rakuten Ticket, Inc.; Rakuten Car Inc.; Rakuten STAY, Inc.; Monzen Corporation JapanAnnounced2026-01-01Not stated in snapshot
resolve ai→Smartpay ↗Announced2025-10-10Not stated in snapshot
fortis→Smartpay ↗Announced2025-07-29Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

8 postings in the preceding 12 months. The full 28-posting snapshot covers 7 employers.

Expand panel +

Most advertised job titles

No repeated job title is supported by this snapshot.

0 internship postings

1 tracked postings mention remote work.

Skills employers mention

Top skills across 28 tracked postings in the available jobs snapshot.

Fintech
21
E Commerce
10
Digital Marketing
8
Data Utilization
7
Project Management
7
Big Data
7
Consulting Sales
7
Insurance
5
Data Visualization
4
Sql
3
THE PEOPLE BUILDING THE FIELD

Founders and leaders

146 founders and chief executives across 121 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

10 profiles with education records.

Harvard Business School
2
Harvard University
2
University of Manchester
1
Stanford University
1
Imperial College London
1
Massachusetts Institute of Technology
1
London School of Economics and Political Science
1
University of Chicago
1

Prior employers

2 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

473,307 articles in the measured 12-month window.

Expand panel +
473,307articles in the measured year
99,929articles in 2026Q1
49.5%positive tone in the latest complete year

News volume trends

Fintech coverage across Japan · articles per complete quarter

053,655107,311160,966214,6212021Q2: 66,1462021Q22021Q3: 85,1962021Q4: 59,1282022Q1: 71,9112022Q2: 70,0792022Q22022Q3: 73,6242022Q4: 97,7412023Q1: 98,0072023Q2: 96,4242023Q22023Q3: 111,6322023Q4: 90,9442024Q1: 108,5202024Q2: 108,3822024Q22024Q3: 116,9472024Q4: 119,2292025Q1: 144,4472025Q2: 107,5022025Q22025Q3: 186,6272025Q4: 86,0332026Q1: 99,9292026Q1
View quarterly article counts
QuarterArticles
2021Q266,146
2021Q385,196
2021Q459,128
2022Q171,911
2022Q270,079
2022Q373,624
2022Q497,741
2023Q198,007
2023Q296,424
2023Q3111,632
2023Q490,944
2024Q1108,520
2024Q2108,382
2024Q3116,947
2024Q4119,229
2025Q1144,447
2025Q2107,502
2025Q3186,627
2025Q486,033
2026Q199,929

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
124,581 positive · 35,002 neutral · 64,514 negative
2022
171,240 positive · 54,612 neutral · 87,184 negative
2023
237,058 positive · 66,767 neutral · 92,703 negative
2024
248,579 positive · 101,235 neutral · 102,712 negative
2025
259,241 positive · 158,024 neutral · 106,781 negative

Leading coverage topics

Fintech coverage across Japan · ranked by full-period article count.

International And Transnational Geographic Entities300,203 articles in the full recorded period
108,090 recent · 81,384 prior
Geopolitical Disputes And Contested Areas300,199 articles in the full recorded period
108,088 recent · 81,383 prior
Administrative And Political Subdivisions300,152 articles in the full recorded period
108,072 recent · 81,367 prior
International Sports Competitions37,167 articles in the full recorded period
6,796 recent · 7,470 prior
International Political Relations34,509 articles in the full recorded period
7,663 recent · 6,878 prior
Olympic Games Coverage26,576 articles in the full recorded period
3,588 recent · 5,696 prior
International Relations And Diplomacy24,049 articles in the full recorded period
4,884 recent · 4,821 prior
Security And Defense Policies23,221 articles in the full recorded period
5,301 recent · 4,476 prior
Trade Policies And Agreements22,641 articles in the full recorded period
9,381 recent · 7,284 prior
Trade Wars And Geopolitical Impacts18,824 articles in the full recorded period
6,465 recent · 5,481 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Fintech coverage across Japan

KeywordRecentPriorChange
countries4,1931,858126%
trade dispute mechanisms2,6591,65760%
bilateral trade2,3531,37471%
preferential tariff1,8271,24147%
forex liquidity1,644416295%
exchange rates1,55291170%
tariff rate quota1,50195358%
mfn tariff1,36889852%
gold spot price1,220182570%
usd/jpy1,07862872%
honda forums02,596-100%
olympic team selections8431,875-55%
olympic trials8991,599-44%
summer olympics athletics2381,107-79%
sports in summer olympics164934-82%

Event and signal lenses

Fintech coverage across Japan

All complete annual cohorts shown
Rising

Regulatory Risk

787,373 classified articles

territories, disputed islands, countries

24.6% critical · 16.9% positive
Rising

Funding Momentum

76,736 classified articles

inflation reports fx, currency intervention policies, trade deficits fx

40.3% critical · 43.7% positive
Rising

Growth

216,495 classified articles

gdp growth rate, gdp acceleration, economic output growth

33.5% critical · 45.8% positive

Fintech coverage across Japan. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Fintech research is working on

13,825 papers in the recorded worldwide scope.

Expand panel +
13,825papers
13,825worldwide comparison pool
—India-affiliated papers

Research orientation

Promising
4,450
Descriptive
3,501
Problem-identifying
3,141
Cautionary
1,411
Breakthrough
754
Comparative
414
Critical
154

Contribution mix

Empirical
8,354
Reviews
2,307
Position pieces
1,635
Methods-led
1,361
Theoretical
168

Tone counts: 12,714 positive · 252 neutral · 859 negative.

Common problems researchers identify
3,295 papers · 23.8% of this field
  • Financial services1,723 papers
  • FinTech1,301 papers
  • Financial inclusion570 papers
  • Payment489 papers
  • Government245 papers
  • Financial literacy205 papers
  • Cryptocurrency201 papers
  • Investment172 papers

Landmark: The digital revolution in financial inclusion: international development in the fintech era

Cautions
1,411 papers · 10.2% of this field
  • Financial services670 papers
  • FinTech538 papers
  • Financial inclusion348 papers
  • Payment283 papers
  • Financial literacy129 papers
  • Mobile payment102 papers
  • Digital currency95 papers
  • Investment91 papers

Landmark: Blockchain Technology in Finance

Opportunities
5,204 papers · 37.6% of this field
  • Financial services2,148 papers
  • FinTech1,839 papers
  • Financial inclusion1,123 papers
  • Financial literacy786 papers
  • Payment749 papers
  • Database transaction382 papers
  • Investment314 papers
  • Mobile payment301 papers

Landmark: On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services

Leading institutions

UNSW Sydney
743
University of Manchester
727
University of York
716
University of the West of England
716
Universidad de Zaragoza
685
Columbia University
667

Leading researchers

Robert J. Kauffman
1,822
Peter Gomber
1,821
Chris Parker
1,821
Bruce W. Weber
1,821
Daniela Gabor
716
Sally Brooks
716
Itay Goldstein
621
Wei Jiang
621

Highly cited breakthrough-labelled papers

  • On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services1,820 citations
  • Intention to use analytical artificial intelligence (AI) in services – the effect of technology readiness and awareness370 citations
  • The FinTech phenomenon: antecedents of financial innovation perceived by the popular press240 citations
  • FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana116 citations
  • CBDC, Fintech and cryptocurrency for financial inclusion and financial stability100 citations

Common problems researchers identify

10,570 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Financial Inclusion ChallengesCommon problems researchers identify · 01

Financial Inclusion Challenges

1,447 papers

24.1% of this theme group

Researchers highlight obstacles to broadening access to financial services through fintech innovations.

FinTech (679) · Financial services (885) · Financial inclusion (269) · Financial innovation (90)

Enriching Financial Inclusion through Fintech

DIGITAL TRANSFORMATION IN THE BANKING SYSTEM: PROSPECTS FOR COOPERATION BETWEEN FINTECH COMPANIES AND BANKS

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Payment System RisksCommon problems researchers identify · 02

Payment System Risks

1,364 papers

22.7% of this theme group

Studies point to cost, security, and regulatory issues in electronic payment infrastructures.

Payment (1,251) · Payment system (509) · Payment service provider (217) · Settlement (86)

Better than Cash, but Beware the Costs: Electronic Payments Systems and Financial Inclusion in Developing Economies

ISSUES AND CHALLENGES OF ELECTRONIC PAYMENT SYSTEMS

View research history
YearShare index
2022590.9
2023562.2
2024710.5
2025799.0
Mobile Payment Adoption BarriersCommon problems researchers identify · 03

Mobile Payment Adoption Barriers

1,149 papers

19.1% of this theme group

Works examine user acceptance, trust, and technical constraints limiting mobile banking uptake.

Mobile payment (869) · Mobile banking (220) · Mobile business development (111) · Mobile phone (135)

User Acceptance Testing of Mobile Payment in Various Scenarios

Exploring Determinants Influencing the Intention to Use Mobile Payment Service

View research history
YearShare index
202277.6
202383.0
202482.8
2025139.8
Credit Card Fraud ConcernsCommon problems researchers identify · 04

Credit Card Fraud Concerns

692 papers

11.5% of this theme group

Papers discuss detection difficulties and evolving tactics behind credit‑card financial fraud.

Credit card fraud (107) · Credit card (118) · Financial fraud (43) · Computer security (107)

Machine Learning for Credit Card Fraud Detection

Credit Card Fraud Detection and Analysis

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Algorithmic Trading RegulationCommon problems researchers identify · 05

Algorithmic Trading Regulation

585 papers

9.8% of this theme group

Research flags market impact, insider‑trading risks, and oversight gaps in high‑frequency trading.

Algorithmic trading (222) · High-frequency trading (148) · Alternative trading system (140) · Insider trading (79)

High-Frequency Trading and Its Impact on Markets

High-Frequency Trading: A Regulatory Strategy

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Portfolio Optimization LimitsCommon problems researchers identify · 06

Portfolio Optimization Limits

404 papers

6.7% of this theme group

Authors identify theoretical and computational hurdles in modern portfolio construction methods.

Portfolio (386) · Portfolio optimization (163) · Modern portfolio theory (70) · Post-modern portfolio theory (46)

Machine Learning Optimization Algorithms & Portfolio Allocation

Portfolio Optimization: New Challenges and Perspectives

View research history
YearShare index
2022315.6
2023306.6
2024225.8
2025345.9
Money‑Laundering Compliance IssuesCommon problems researchers identify · 07

Money‑Laundering Compliance Issues

359 papers

6.0% of this theme group

Studies explore legal, data‑privacy, and enforcement challenges in anti‑money‑laundering efforts.

Money laundering (320) · Terrorism (65) · Accounting (54) · Compliance (44)

National and international anti-money laundering law : developing the architecture of criminal justice, regulation and data protection

Balancing anti-money laundering measures and financial inclusion

View research history
YearShare index
20221897.3
20231880.1
20241584.8
20251002.7

Cautions

3,742 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Fintech Inclusion Trade‑offsCautions · 01

Fintech Inclusion Trade‑offs

756 papers

20.2% of this theme group

Cautionary analyses warn that rapid fintech growth may affect system stability and regulatory balance.

FinTech (412) · Financial services (449) · Financial inclusion (227) · Financial innovation (65)

The Role of Fintech Technology in Improving Financial Inclusion and Financial System Stability

Advancing Financial Inclusion through FinTech: A Regulatory Insight into Emerging Industry Practices

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
High‑Frequency Trading ImpactsCautions · 02

High‑Frequency Trading Impacts

579 papers

15.5% of this theme group

Works caution about market quality effects and the adequacy of current trading regulations.

Algorithmic trading (254) · High-frequency trading (153) · Alternative trading system (102) · Trading strategy (117)

High Frequency Trading and Its Impact on Market Quality

Implementing High Frequency Trading Regulation: A Critical Analysis of Current Reforms

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Payment Policy ShiftsCautions · 03

Payment Policy Shifts

565 papers

15.1% of this theme group

Research advises careful policy design as payment systems evolve across regions and sectors.

Payment (536) · Payment system (180) · Reimbursement (36) · Prospective payment system (34)

Hospital response to a new case-based payment system in China: the patient selection effect

Payments transition in India – consumer preferences and policy shifts

View research history
YearShare index
2022598.5
2023567.6
2024714.6
2025803.0
Portfolio Model RiskCautions · 04

Portfolio Model Risk

522 papers

13.9% of this theme group

Authors highlight statistical and model‑risk concerns in advanced portfolio optimization techniques.

Portfolio (494) · Portfolio optimization (203) · Diversification (105) · Econometrics (109)

Model Risk in Portfolio Optimization

Optimization of portfolio management based on vector autoregression models and multivariate volatility models

View research history
YearShare index
2022318.1
2023308.9
2024228.0
2025346.6
Mobile Money User ExperienceCautions · 05

Mobile Money User Experience

496 papers

13.3% of this theme group

Studies stress the need for better design and trust to ensure mobile money reaches underserved users.

Mobile payment (380) · Mobile banking (81) · Payment (228) · Mobile phone (39)

Mobile Money for Financial Inclusion

Understanding user experience of mobile money services in emerging markets

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Financial Fraud Detection LimitsCautions · 06

Financial Fraud Detection Limits

495 papers

13.2% of this theme group

Papers caution that AI methods still face challenges in accuracy, bias, and interpretability.

Accounting (63) · Money laundering (78) · Audit (50) · Credit card fraud (26)

A Review on Financial Fraud Detection using AI and Machine Learning

Use of Machine Learning in Financial Fraud Detection: A Review

View research history
YearShare index
20222207.7
20232190.6
20242016.5
20251778.7
Digital Currency SecurityCautions · 07

Digital Currency Security

329 papers

8.8% of this theme group

Research warns of cybersecurity and stability risks associated with blockchain and cryptocurrency adoption.

Digital currency (124) · Blockchain (71) · Cryptocurrency (95) · Currency (78)

Cybersecurity and Blockchain for Secure Financial Transactions: Evaluating, Implementing, and Mitigating Risks of Digital Payments

Public Payment Systems in the Digital Era: Responding to the Financial Stability and Security-related Risks of Cryptocurrencies

View research history
YearShare index
2022801.9
2023842.3
2024890.0
20251127.0

Opportunities

28,937 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Advanced Portfolio OptimizationOpportunities · 01

Advanced Portfolio Optimization

1,697 papers

28.3% of this theme group

Opportunities focus on new mathematical models and multi‑objective strategies for better asset allocation.

Portfolio (1,578) · Portfolio optimization (936) · Mathematical optimization (268) · Modern portfolio theory (157)

Application of portfolio optimization

The research on portfolio optimization model and strategy for multiple objectives

View research history
YearShare index
2022371.2
2023354.5
2024252.1
2025358.7
Machine‑Learning Fraud DetectionOpportunities · 02

Machine‑Learning Fraud Detection

1,066 papers

17.8% of this theme group

Works explore promising AI techniques to improve credit‑card fraud identification and response.

Credit card fraud (265) · Credit card (252) · Financial fraud (77) · Computer security (173)

Credit Card Fraud Detection using Machine Learning Algorithms

Analyzing Credit Card Fraud Detection based on Machine Learning Models

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Fintech for InclusionOpportunities · 03

Fintech for Inclusion

778 papers

13.0% of this theme group

Studies highlight fintech’s potential to expand financial literacy and access for underserved populations.

FinTech (338) · Financial services (366) · Financial inclusion (210) · Financial literacy (128)

ROLE OF FINTECH IN FINANCIAL INCLUSION

The Role of Financial Technology (FinTech) in Advancing Financial Inclusion and Equity.

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Blockchain Payment SolutionsOpportunities · 04

Blockchain Payment Solutions

756 papers

12.6% of this theme group

Research investigates secure, decentralized architectures to modernize digital payment systems.

Payment (623) · Payment system (247) · Database transaction (146) · Payment service provider (64)

Blockchain Based Architecture and Solution for Secure Digital Payment System

Measuring payment system development

View research history
YearShare index
2022733.2
2023686.3
2024781.6
2025930.9
Mobile Payment Service InnovationOpportunities · 05

Mobile Payment Service Innovation

723 papers

12.1% of this theme group

Papers examine value‑added features and security enhancements driving mobile payment adoption.

Mobile payment (555) · Payment (363) · Mobile banking (87) · Mobile device (52)

Value Added Services and Adoption of Mobile Payments

Exploring Transaction Security on Consumers’ Willingness to Use Mobile Payment by Using the Technology Acceptance Model

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Algorithmic Trading AdvancesOpportunities · 06

Algorithmic Trading Advances

661 papers

11.0% of this theme group

Works explore sophisticated AI‑driven strategies and forecasting tools for high‑frequency markets.

Algorithmic trading (282) · Trading strategy (267) · High-frequency trading (109) · Pairs trade (68)

Algorithmic Trading and Financial Forecasting Using Advanced Artificial Intelligence Methodologies

Foreign exchange trading

View research history
YearShare index
202232.4
202331.8
202425.0
202538.8
Credit Scoring EnhancementsOpportunities · 07

Credit Scoring Enhancements

319 papers

5.3% of this theme group

Research focuses on machine‑learning models to improve loan risk assessment and default prediction.

Credit risk (96) · Loan (65) · Credit score (19) · Probability of default (13)

Application Analysis of Credit Scoring of Financial Institutions Based on Machine Learning Model

Development Of Credit Scoring Model For Borrowers Using Machine Learning Techniques

View research history
YearShare index
2022254.2
2023254.9
2024182.2
2025261.3

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Promising32.2%36.7%
Descriptive25.3%17.8%
Problem-identifying22.7%9.8%
Cautionary10.2%4.6%
Breakthrough5.5%26.3%
Comparative3.0%4.0%
Critical1.1%0.9%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceIncentives for Mobile Crowd Sensing: A Survey2,7174.6%857 (31.5%)4.6%
Concentration of compute powerRent Seeking by Low-Latency Traders: Evidence from Trading on Macroeconomic Announcements1020.17%50 (49.0%)0.17%
Bias & fairnessSocietal bias reinforcement through machine learning: a credit scoring perspective830.14%31 (37.3%)0.14%
Labour & data workMobile Money Taxation and Informal Workers: Evidence from Ghana’s E-Levy600.1%26 (43.3%)0.1%
Safety & misuseThe EU Response to Criminal Misuse of Cryptocurrencies: The Young, already Outdated 5th Anti-Money Laundering Directive500.08%21 (42.0%)0.08%
Energy & datacenter footprintAn integrated model of financial technology adoption and environmental performance: The role of green innovation290.05%5 (17.2%)0.05%
Hardware, e-waste & supply chainMobile Phone Repair as a Strategy for Reducing E-Waste, Enhancing Data Privacy, and Promoting Digital Sustainability in 30.01%0 (0.0%)0.01%
Carbon & emissions of computeRethinking portfolio design with sustainable AI and FinTech: dynamic spillovers in a quantile–frequency framework10.0%0 (0.0%)0.0%
Water use00.0%0 (%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

DEMAND, SUPPLY & PLACE

Where demand signals run ahead of mapped supply — Japan

Compare demand signals in Japan’s newsflow with the fintech categories mapped to each signal.

Expand panel +
HOW TO READ THE GAP

Signal percentile − supply percentile = gap in percentile points. Positive gaps highlight questions to investigate. A high signal can reflect spending pressure or access friction, as well as potential demand.

The comparison is relative to the signal families on this page. A supply percentile of zero means the lowest relative reading, not zero companies. It is a prioritisation clue, not measured market size or unmet demand.

COMPARISON PERIOD2025-05-01 to 2026-05-01Against 2024-05-01 to 2025-05-01Explore the signals ↓

The opportunity, in one view

Signal and mapped-supply percentiles, their gap, and change in the signal’s article share.

Swipe horizontally to compare all columns →

4 Japan demand signals compared with mapped fintech supply
Signal familySignal percentileSupply percentileRelative gapGap (points)Signal share vs prior year
Interest rates & policy ↗Macro Pressure66.70.0+66.7+49.1%
Market volatility ↗Macro Pressure33.333.3+0.0+38.0%
Crypto & digital assets ↗Adoption Shift66.7100.0-33.3+159.8%
Layoffs & income shocks ↗Spending Pressure33.366.7-33.4+51.7%

Showing all 4 signals. Select a family for its history and mapped categories.

Where the signals are loudest

All 12 city readings for these demand families in the comparison geography. Japan is highlighted.

Mentions per 10,000 articles

Each city’s reading is a share of its own coverage.

Hong Kong436.5

Market volatility · Interest rates & policy · Crypto & digital assets

Tokyo185.8

Interest rates & policy · Market volatility · Layoffs & income shocks

Ibaraki133.0

Crypto & digital assets · Layoffs & income shocks · Interest rates & policy

Osaka62.1

Layoffs & income shocks · Market volatility · Crypto & digital assets

Kanagawa Prefecture49.2

Layoffs & income shocks · Crypto & digital assets · Interest rates & policy

Chiba28.2

Market volatility · Interest rates & policy

Hyogo-Ken18.4

Crypto & digital assets · Layoffs & income shocks

Aichi18.2

Layoffs & income shocks · Interest rates & policy · Market volatility

Hokkaido17.9

Interest rates & policy · Crypto & digital assets

Gunma14.4

Layoffs & income shocks · Crypto & digital assets

Kyoto13.6

Interest rates & policy · Layoffs & income shocks

Kochi7.6

Interest rates & policy

Inside the leading signals

Open any signal for its quarterly history
MACRO PRESSUREInterest rates & policy+66.7percentile-point gap
THE OPERATING HYPOTHESIS

Rate moves can reprice every loan book — lending and deposit products feel it first.

96.97mentions per 10,000 articles+49.1%share change vs prior year

Mapped fintech categories

  • Nbfc Lenders29

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Japan coverage

Mentions per 10,000 articles · zero baseline

039781161552024Q3: 712024Q32024Q4: 642024Q42025Q1: 552025Q12025Q2: 642025Q22025Q3: 612025Q32025Q4: 1342025Q42026Q1: 1132026Q1
View quarterly signal counts
Interest rates & policy in Japan coverage
QuarterMentionsPer 10,000 articles
2024Q330471.83
2024Q429464.92
2025Q122855.28
2025Q221164.68
2025Q322761.44
2025Q4487134.97
2026Q1372113.32

Where this signal concentrates in the comparison geography

Hong Kong145.5 / 10,000
Tokyo123.5 / 10,000
MACRO PRESSUREMarket volatility+0.0percentile-point gap
THE OPERATING HYPOTHESIS

Volatility can drive trading, hedging and advice-seeking in the same week it spikes.

36.51mentions per 10,000 articles+38.0%share change vs prior year

Mapped fintech categories

  • Online Trading Platforms35
  • Forex Trading Platforms24

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Japan coverage

Mentions per 10,000 articles · zero baseline

0122537502024Q3: 382024Q32024Q4: 172024Q42025Q1: 222025Q12025Q2: 332025Q22025Q3: 322025Q32025Q4: 312025Q42026Q1: 432026Q1
View quarterly signal counts
Market volatility in Japan coverage
QuarterMentionsPer 10,000 articles
2024Q316338.51
2024Q47717.0
2025Q19422.79
2025Q210833.11
2025Q312132.75
2025Q411431.59
2026Q114243.26

Where this signal concentrates in the comparison geography

Hong Kong242.5 / 10,000
Tokyo38.5 / 10,000
ADOPTION SHIFTCrypto & digital assets-33.3percentile-point gap
THE OPERATING HYPOTHESIS

Crypto cycles can pull exchange, wallet and compliance demand in waves.

32.14mentions per 10,000 articles+159.8%share change vs prior year

Mapped fintech categories

  • Blockchain42
  • Blockchain In Financial Services42

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Japan coverage

Mentions per 10,000 articles · zero baseline

0122335472024Q3: 122024Q32024Q4: 112024Q42025Q1: 122025Q12025Q2: 292025Q22025Q3: 232025Q32025Q4: 402025Q42026Q1: 362026Q1
View quarterly signal counts
Crypto & digital assets in Japan coverage
QuarterMentionsPer 10,000 articles
2024Q35412.76
2024Q45111.26
2025Q15112.36
2025Q29529.12
2025Q38823.82
2025Q414640.46
2026Q111936.25

Where this signal concentrates in the comparison geography

Ibaraki78.6 / 10,000
SPENDING PRESSURELayoffs & income shocks-33.4percentile-point gap
THE OPERATING HYPOTHESIS

Layoff cycles can pull discretionary spend back toward value offerings.

18.39mentions per 10,000 articles+51.7%share change vs prior year

Mapped fintech categories

  • Business Payments Solutions45
  • Nbfc Lenders29

Companies can appear in multiple categories; these counts are not a unique-company total.

Quarterly share of Japan coverage

Mentions per 10,000 articles · zero baseline

061219252024Q3: 132024Q32024Q4: 112024Q42025Q1: 112025Q12025Q2: 212025Q22025Q3: 162025Q32025Q4: 162025Q42026Q1: 122026Q1
View quarterly signal counts
Layoffs & income shocks in Japan coverage
QuarterMentionsPer 10,000 articles
2024Q35713.47
2024Q45111.26
2025Q14911.88
2025Q27021.46
2025Q36216.78
2025Q45916.35
2026Q14112.49

Where this signal concentrates in the comparison geography

Kanagawa Prefecture35.1 / 10,000
RESEARCH & CHANGING CONVERSATIONS

Related research and changing coverage

Japan fintech coverage

Expand panel +
RESEARCH CONTEXT · 2019

The Long-Term Care Insurance System in Japan: Past, Present, and Future

JMA Journal

151 citations in the snapshot

RESEARCH CONTEXT · 2017

Spillover effect of Japanese long-term care insurance as an employment promotion policy for family caregivers

Journal of Health Economics

118 citations in the snapshot

RESEARCH CONTEXT · 2020

Prevalence of patients with rheumatoid arthritis and age‐stratified trends in clinical characteristics and treatment, based on the National Database of Health Insurance Claims and Specific Health Checkups of Japan

International Journal of Rheumatic Diseases

100 citations in the snapshot

RESEARCH CONTEXT · 2019

Treatment patterns and characteristics of patients with migraine in Japan: A retrospective analysis of health insurance claims data

Cephalalgia

80 citations in the snapshot

What is growing in this coverage

Japan coverage of this page's demand families

KeywordRecent articlesPrior articlesShare change
bitcoin price10232261.3%
sovereign bonds15051233.4%
commodity futures5520211.7%
forex liquidity15769157.9%
bond yields13968131.7%
fx movements5429111.1%

Share changes describe coverage in the stated comparison periods, not search demand or market size.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Fintech in Japan: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put Japan in context

All landscapes ↗

Company ecosystem snapshot: 2 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon