Money Forward, Inc. ( (JP:3994) ) has provided an update.
Money Forward, Inc. has entered into a basic agreement with Sumitomo Mitsui Financial Group and Sumitomo Mitsui Banking Corporation to establish a preparatory company aimed at developing a new BaaS/digital banking service. This initiative seeks to enhance financial services for small and medium-sized enterprises in Japan, aligning with SMBC Group’s strategy to support corporate digital transformation through digital solutions.
More about Money Forward, Inc.
Money Forward, Inc. operates in the fintech industry, providing services that streamline back-office operations through SaaS solutions like Money Forward Cloud Accounting. The company focuses on supporting corporate growth and improving financial processes for over 400,000 sole proprietors and corporate customers.
YTD Price Performance: -15.97%
Average Trading Volume: 53
Technical Sentiment Signal: Buy
Current Market Cap: €1.38B
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