Search company, investor...
Search

Founded Year

2018

Stage

IPO | IPO

Total Raised

$66.82M

Date of IPO

12/22/2021

Market Cap

19.78B

About Finatext Holdings

Finatext group provides cloud-based, API-driven infrastructure and business solutions with full-scope coverage to financial institutions and new entrants from other industries.

Finatext Holdings Headquarters Location

Sumitomo RD Kudan-kita Bldg. 4F 3-2-11, Kudankita, Chiyoda-ku

Tokyo, 102-0073,

Japan

Finatext Holdings's Product Videos

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Finatext Holdings's Products & Differentiation

See Finatext Holdings's products and how their products differentiate from alternatives and competitors

  • Insurance cloud "Inspire"

    "Inspire" is a cloud base API driven insurance infrastructure system. 1. It is a "front-to-end solution" for insurance operations. With inspire, you can create a digital avatar and start a new business outside of legacy systems which are so complex and tightly coupled that even a small modification can cost a lot of time and money. 2. In developing Inspire, we fundamentally reinvent the insurance business and designed a flexible architecture. As a result, we were able to significantly reduce the need for individual company-specific support, reduce more than 90% of the intial cost compared to traditional IT vendor systems, and make 5 times faster. 3.It has high flexibility and expandability.Although Inspire is a packaged system, it is easy to use parts of it, add functions, and collaborate with external organizations.

    Differentiation

    Unique database design to handle any tricky insurance product 

    We have a unique database structure, patent pending in Japan, that has never been used in insurance systems before. 

    This allows us to handle novel insurance products that have never existed in the world before, and which other systems cannot handle. 

    SaaS model, and a system that continues to evolve 

    In general, "Inspire" is provided as a "single-application, multi-tenant" SaaS service. 

    This allows "Inspire" itself to evolve while reducing maintenance costs for each company, and the benefits of this evolution can be provided to all SaaS users. 

    Since the basic functions required for insurance operations are already in place, both initial costs and implementation time can be significantly reduced compared to normal new system development. 

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Expert Collections containing Finatext Holdings

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Finatext Holdings is included in 2 Expert Collections, including Wealth Tech.

W

Wealth Tech

1,863 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

F

Fintech

3,184 items

Track and capture company information and workflow.

Latest Finatext Holdings News

Fintech startup Finatext has worst Tokyo debut in two decades

Dec 22, 2021

Sorry, but your browser needs Javascript to use this site. If you're not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ Ryota Hayashi, chief executive officer of Finatext Holdings Ltd., speaks during an interview at the company's office in Tokyo earlier this month. | BLOOMBERG Dec 22, 2021 Finatext Holdings Ltd., a Japanese fintech startup that provides stock trading apps and brokerage infrastructure, slumped on its first day of trading in Tokyo, with shares falling 35% below the issue price. Having raised nearly ¥20 billion ($175 million) in an offering that was priced at the top of its advertised range, the firm got off to a bad start — the biggest first-day decline in more than two decades for a company that raised at least $150 million. Daiwa Securities Co. and Mitsubishi UFJ Morgan Stanley Securities Co. were the lead managers for the listing. Finatext is one of six companies listing Wednesday on the Mothers board for startups, in what is a record month of debuts on the Tokyo Stock Exchange. Its offering highlights the growing demand for investing opportunities among a younger generation of Japanese, even as stock ownership still trails far behind markets such as the United States. Going public will pave the way for Finatext to win bigger clients and achieve faster growth, according to the company’s chief executive officer and co-founder Ryota Hayashi, who said he’s aiming to quadruple its revenue to ¥10 billion in three years. The target "is not something that’s impossible to achieve,” Hayashi said in an interview, though he cautioned it was a goal rather than official guidance. The company expects about ¥2.65 billion in sales for the year ending March. The bottom line remains in the red, with the firm expecting a net loss of ¥1 billion this fiscal year. Hayashi says he’s in no rush to generate profit, though added it could do so quickly if required. The Tokyo-based company, founded in 2013, generates revenue through commission fees in what it calls "brokerage as a service,” providing low-cost infrastructure and solutions for clients to implement trading solutions. Among its clients is Credit Saison Co., which uses Finatext’s software in a stock-trading platform for customers. However, the company is better known to retail investors for services such as Asukabu, a stock-centered game in which users guess which direction a certain equity will move the following day. The firm’s apps aimed at new investors have accumulated more than 2 million downloads. It also offers Stream, a bona fide stock-trading app. Finatext also provides software that helps clients manage insurance contracts, and is looking to expand its services to cover those linked to credit cards and loans. "It’s one of the stocks getting the most attention among those going public in December,” said Matsui Securities Co. analyst Tomoichiro Kubota. He sees the revenue target as feasible, but added it’ll be "tough” for Finatext to immediately win over any major financial firms to its systems. Continued system failures at the likes of Mizuho Financial Group Inc. highlight how Japan’s financial system is falling behind in adapting to digital services, even as it accelerates its digital push. Hayashi is confident that there’s a place in the market for Finatext’s alternatives. "Right now we’re about providing software that form the infrastructure for brokerage and insurance services, but next it’ll be loans, consumer finance and credit card systems,” Hayashi said. "Things still are done with paper, faxes — for real — and phone calls. I think we stand a chance.” In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.

Finatext Holdings Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Finatext Holdings Rank

  • When was Finatext Holdings founded?

    Finatext Holdings was founded in 2018.

  • Where is Finatext Holdings's headquarters?

    Finatext Holdings's headquarters is located at Sumitomo RD Kudan-kita Bldg. 4F, Tokyo.

  • What is Finatext Holdings's latest funding round?

    Finatext Holdings's latest funding round is IPO.

  • How much did Finatext Holdings raise?

    Finatext Holdings raised a total of $66.82M.

  • Who are the investors of Finatext Holdings?

    Investors of Finatext Holdings include Taishin Securities, JAFCO, KDDI, Mirai Creation Fund and University of Tokyo Edge Capital.

  • Who are Finatext Holdings's competitors?

    Competitors of Finatext Holdings include ZhongAn Insurance and 1 more.

  • What products does Finatext Holdings offer?

    Finatext Holdings's products include Insurance cloud "Inspire" and 1 more.

  • Who are Finatext Holdings's customers?

    Customers of Finatext Holdings include Nippon Life Insurance Company, Aioi Nissay Dowa Insurance Co., Ltd., MST Insurance Service Co., Ltd. and Epos Small Amount and Short Term Insurance Co., Ltd..

You May Also Like

Fluent Commerce Logo
Fluent Commerce

Fluent Commerce provides omni-channel retailers with smart technology that brings the customer to the store and the store to the customer. The software integrates with a business' existing eCommerce technology to enable Click & Collect, Ship from Store, Omni-channel Returns and Fulfillment Management so they can meet customer needs faster and more often.

C
Capillary Technologies

Capillary Technologies offers a cloud-based platform that powers end-to-end customer engagement, loyalty, and social CRM solution serving consumers primarily in Asia, including India, South East Asia, China, and the Middle East. Capillary Technologies' solution combines frictionless consumer enrollment, back-end analytics, and campaign management to drive consumer engagement across every major channel, including in-store, mobile, e-mail, and social.

Insightly Logo
Insightly

Insightly provides customer relationship management software to businesses of all sizes worldwide to manage customer interactions, leads, opportunities, proposals and projects over the web and on mobile devices. It is available on the web at Insightly.com, for iOS devices in iTunes, and for Android devices on Google Play.

LeanData Logo
LeanData

LeanData provides a Revenue Ops platform to manage all go-to-market motions to increase speed to revenue, improve the buyer experience, and better align sales and marketing ROI.

HyperOffice Logo
HyperOffice

Founded in 1998, HyperOffice offers online communication and collaboration solutions for small to mid sized businesses on a SaaS basis.

OutSystems Logo
OutSystems

OutSystems develops and markets a solution for application management and development that accelerates applications' delivery and fosters their continuous adaptation to new business requirements. The OutSystems Platform lets users create, deploy, change, and manage custom mobile and web applications that are delivered across all devices.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.