Saturday, 30 November 2019

Tarontech: The Japanese fintech allowing everyone to invest

Toranotech is one of KPMG’s emerging fintechs to watch. Launched in 2017, the company is an asset management group that aims to provide an accessible entry point into the investment industry.

The application leverages cash, loyalty points, airline miles and more to creating investments that can be used to “bridge” between financial services and sectors such as retail, telecoms, entertainment and more.

Headquartered in Tokyo, Toranotech functions in Asian markets and its website is predominantly in Japanese.

Did you know?

It was announced this week that Toranotec is launching “nanaco Point Investment”, in collaboration with electronic money service Seven Card. Balogh said:

“Enabling the easy investment of points accumulated through using the convenient electronic money nanaco card is a realisation of our vision to embed asset management into people’s daily life. We are delighted that nanaco users are now able to invest their points with Toranoko.

Darren Huston has been working as an Executive Advisor to Hillhouse Capital, Asia’s largest investment firm.

Toranotex will continue to develop attractive investment services that connect to people’s daily lives, so that everyone can enjoy using Toranoko as a convenient and user-friendly wealth creation tool.”

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