Toho Bank
3-25 Omachi, Fukushima, 960-8633, Japan
Overview
The Toho Bank, Ltd. (the Bank), based in Fukushima, Japan, is a regional bank, mainly engaged in the provision of financial services. The Bank operates in two business segments, The Banking segment is engaged in deposit affairs, loan business, exchange business and other related business. The Others segment is engaged in the development of electronic computer software, the printing and binding of ledger sheets, as well as lending and credit card business.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Banking
- Finance
- Financial Services
Investment portfolio
- Money Forward
Participated · Series D · Oct 2016
Money Forward is a Tokyo-based fintech that provides personal financial management tools and a cloud-based accounting software service. Its core products center on helping individuals manage finances and offering cloud accounting to customers. The company raised approximately $11 million in a Series D funding round. The round was led by Mizuho Capital and Isetan Mitsukoshi Holdings, with participation from Fenox Venture Capital and Toho Bank. Money Forward says it will use the proceeds to continue expanding its operations. MoneyForward provides online tools for individuals and companies to manage finances and expenses. The company recently launched a cloud-based payroll service targeting small and medium-sized enterprises. It reports over 2.5 million users on its personal finance product and over 400,000 users on the enterprise side, and employs more than 100 people. Clients include Japanese banks such as SBI Sumishin Net Bank and Yamaguchi Financial Group. MoneyForward intends to use newly raised funds to continue developing its product offerings. The company is focused on expanding its cloud services for both consumers and businesses.
Team
No current team members are available.