The operator of the popular app for personal Finance management Money Forward Inc intends this year to launch cryptocurrency exchange, according to the BC Focus.
As the newspaper notes, Japanese FINTECH company is working in this direction since December last year. For the implementation of the plans the company has registered a subsidiary called Forward Money Financial.
Summer Money Forward Financial is about to launch a media cryptopleura, and after exchange of digital assets. In the future, the company plans to create a number of more advanced solutions for digital currencies, including automated payment systems and various analytical tools.
Currently, the company’s customer base has about 5 million users. Cloud application Money Forward Inc for tax accounting and financial management uses 500 thousand Japanese companies and 2,400 accounting firms.
We will remind, last week the largest Japanese Bank MUFG announced plans to launch its cryptocurrency in early 2019.