AWARD
WINNER

Award Winners

Following a rigorous review process, the winners of the Tokyo Financial Award 2025 – Financial Innovation Category – have been selected as follows!

Rank Company
Overview of offered (perspective) services
1st
place
Impact Circle
Provides tools that enable the automatic generation of impact indicators for financial institutions and institutional investors requiring quantitative impact data, supporting the evaluation and selection of investment targets through rapid visualization of social impact.
2nd
place
Clarity AI
Provides institutional investors with an AI-driven tool that enables evaluation, analysis, and reporting of the sustainability of investment targets, visualizing sustainability assessments while ensuring compliance regulations in multiple countries.
3rd
place
Japan Asset
Management Platform
Provides a comprehensive white-label* service covering ETF structuring, establishment, and operational management. This allows asset management companies considering the development and launch of ETFs to focus on high-value activities such as investment decision-making and portfolio management.
* A business strategy in which core infrastructure is provided by one company, while the participating firm offers the product to investors under its own brand.
Judge’s
Special Award
MynaWallet
Adds a payment function using stablecoins and other digital assets to the Individual Number Card, providing a new payment method while also offering implementation support for both businesses and consumers.
Judge’s
Special Award
EduCare
Provides an education finance platform that leverages function such as future income prediction for students, enabling those facing financial burdens to access education loans and scholarship repayment services from financial institutions and corporations.
Judge’s
Special Award
Henry
Provides factoring services that enable rapid screening and funding as a financing option for small and medium-sized hospitals, while also offering a management infrastructure equipped with features such as automated electronic medical billing.

* The Judge’s Special Award is awarded by the judging committee to other business operators in addition to the top three winners.

At the Tokyo Financial Award 2025 ceremony, held in collaboration with “Japan Fintech Week 2026” hosted by the Financial Services Agency on Monday, March 2, awards will be presented to the winning companies, followed by presentations by the award recipients.
Click here for the Tokyo Metropolitan Government press release.
Click here for details of the award ceremony and registration information.


OUTLINE

We use many financial services in our day-to-day life, using e-money to take trains, withdrawing money from ATMs at convenience stores, or taking out life or auto insurance. If you have interests in investing, you may also be investing in stocks or investment trust funds.

Have you ever felt that it would be even better if it was just a little more convenient, or that?

In addition, financial institutions that provide their respective financial services are constantly striving to improve their services and streamline their operations.

For the “Financial Innovation Category”, Tokyo residents and businesses are invited to submit any dissatisfaction they feel, or requests they have regarding the BtoB or BtoC services in Tokyo, or services they wish. Tokyo Metropolitan Government will choose the theme to be resolved from these applications, and ask domestic and foreign financial companies offering relevant solutions to apply for.

From the applicants, the best three examples will be chosen by 2 judging processes and awarded. The first, second and third prize winner receive 10M JPY, 5M JPY, 3M JPY, respectively.

In addition to the award for the top three winners, “Special Award” may be given for outstanding initiatives.


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SCHEDULE

Submission of resolutions

First Judgement

Start of the Support Program

Final Judgement

Award Ceremony


Call for
Solution
Providers

ENTRY

Thank you for submitting your solutions to the “Financial Innovation Category”.
The Applications are now closed.
Please contact the Secretariat at tfa@jp.ey.com for any questions.

The "Financial Innovation Category" of the Tokyo Financial Award invited financial businesses to apply for “Solutions” to “Themes to be solved” which are based on the needs and challenges related to financial services which were submitted by residents and businesses in Tokyo.

The solutions submitted by applicants are examined in terms of consistency with the theme, innovativeness in technology and business model, and feasibility, among other factors.

We will provide support programs to approximately 15 applicants in Japan and from overseas in order to help them brush up their work for the purpose of commercialization.

After the program, we will conduct a final screening and announce the top three applicants at the award ceremony.
10 million yen, 5 million yen, 3 million yen will be awarded as prize money respectively to first place, second place, and third place applicants.


Support
Program

The following benefits will be granted to the businesses selected in the first-stage screening. Please refer to the application guidelines for the timing and other details.


Click here to see the list of the support program participants.


Benefits:

1. Introductory seminar: The seminar will provide explanations on the FinTech market, laws and regulations, and commercial customs in Japan, TMG’s policies to attract foreign companies, and more.
2. Mentoring and business meetings: Mentors will hold business meetings for participating businesses to brush up their services or products. For domestic companies, support will be provided for sending information overseas, if necessary.
3. Business plan development support: Support for business plan development will be provided by mentors, etc., to participating businesses.
4. Opportunities to participate in networking events: Networking events with companies supporting this project will be held.
5. Networking events with companies supporting this project will be held. Provision of business matching opportunities: Business matching opportunities for joint research/development, sales tie-ups, etc. with companies in Tokyo will be provided.
6. Support for disclosing information in English: Support will be provided for the disclosure of corporate information (financial statements, IR materials, etc.) in English.
7. Feedback on screening contents: Feedback on the screening contents will be provided to enable the applicants to brush up and realize their proposal.
8. Participation in the Demo Day and award ceremony
9. Follow-up program: “Business Development Center TOKYO”* will continue to support the advancement to Tokyo, including the procedures required to establish an office in Tokyo.
10. Priority to be invited to speak at events hosted by the TMG, etc.: Businesses that are selected for the final screening may be asked to speak at events hosted by the TMG, etc. on a preferential basis.


Mentors(planned)

FUJII TatsutoGeneral Manager, Digital Transformation, Mizuho Financial Group, Inc.
OYAMA KojiPh.D.Center for Research and Development Strategy Japan Science and Technology Agency Fellow/Environment and Energy Unit
Mark MakdadMoneytree KK Director
MINE AramChief Web3 Officer, Gaiax Co. Ltd. / Board Member, Japan Blockchain Association (JBA) / RepHolder, Japan DAO Association
MUNEKUNI ShuPartner, JERA Ventures
KOHNOSE NoritakaDeputy-Director General of Fintech Division, Digital Agency, Government of Japan
SAITO SoSo & Sato Law Office Representative Attorney
DOI FumiyoPartner / Attorney at Law, Atsumi & Sakai
ZHOU XiVentures Analyst, Plug and Play Japan
SUIZU AkemiFinGATE Community Manager / Online Factoring Association Japan Office
OGYU YasuyukiPartner, Strategic Impact Unit, Blockchain Business Leader, EY Strategy and Consulting Co., Ltd.
SUZUKI KeneiDirector, Strategic Impact Unit, EY Strategy and Consulting Co., Ltd.

* List from those whose appointment has been confirmed. To be updated in due course.



Business Matching Partner Companies

  • logo: Seven Bank, Ltd.

    Seven Bank, Ltd.

  • logo: MUFG Bank, Ltd.

    MUFG Bank, Ltd.

  • logo: Daiwa Securities Group Inc.

    Daiwa Securities Group Inc.

  • logo: Mitsui Sumitomo Insurance Company, Limited

    Mitsui Sumitomo Insurance Company, Limited

  • logo: Mitsui Sumitomo Insurance Company, Limited

    Tokio Marine Holdings, Inc

  • logo: LIFENET INSURANCE COMPANY

    LIFENET INSURANCE COMPANY

  • logo: Global Brain Corporation

    Global Brain Corporation

  • logo: WiL, LLC

    WiL, LLC

  • logo: S&P Global Inc.

    S&P Global Inc.

  • logo: NTT DATA Japan Corporation

    NTT DATA Japan Corporation

  • logo: NEC Corporation

    NEC Corporation

* Listed sequentially. Scheduled to be updated in the future


Selection
Committee

Committee Chair

YAMAOKA HiromiBoard Member and Chief Sustainability Officer, Future Corporation / Special Advisor for International Finance, Tokyo Metropolitan Government


Committee Members

OE KayoPresident and CEO, Office Libertas
SOEJIMA YutakaPrincipal Research Fellow, SBI Financial and Economic Research Institute / Project Coordinator, SBI Holdings SBI GenAI Lab
MASUJIMA MasakazuPartner, Mori Hamada & Matsumoto
Chang LiDirector, Fintech Association of Japan / Nippon Life X Chief Manager, Nippon Life Insurance Company



* List from those whose appointment has been confirmed.
To be updated in due course.