SBI Holdings Bank Deal Cross-Border Payments with Ripplenet Technology, China, Philippines, Vietnam

SBI Remit Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director: Nobuo Ando, ​​hereinafter “Company”), a subsidiary of SBI FinTech Solutions Co., Ltd., which is a comprehensive fintech solution company, and is engaged in international money transfer service business, is Michinoku Co., Ltd. We would like to inform you that we have signed a business alliance agreement with a bank (Head Office: Aomori City, Aomori Prefecture, Director: Takayuki Fujisawa, hereinafter “Michinoku Bank”) regarding member referral services for the international money transfer service we provide.

 Our mission is to provide financial services centered on remittance to foreign residents, actively adopting new financial technology such as remittance using Ripple’s distributed ledger technology and convenience. We have improved our remittance results by providing high-quality remittance services.
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