ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Asian fintech IPOs get investors fired up

Japan's Money Forward closes first day at nearly double the offer price

Money Forward's listing ceremony at the Tokyo Stock Exchange on Sept. 29

TOKYO -- A pair of Asian fintech startups made big splashes on the stock market this week, demonstrating the extent of investor excitement over the nascent field. 

Japan's Money Forward, which focuses on personal finance and cloud-based accounting software, on Friday became the first fintech venture to launch an initial public offering in Tokyo. This came a day after Chinese online insurer ZhongAn Online P&C Insurance went public in Hong Kong.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more