Digital Wallet Corporation acquires International Money Transfer Service, Company of Seven-Eleven Group Japan
Acquiring Company
Digital Wallet Corporation
Acquired Company
Seven Global Remit Ltd
ChiyodaJapanFinancial ServicesFinancial ServicesLendingBankingDescription
Digital Wallet Corporation has reached an agreement with Seven Bank, Ltd to acquire its subsidiary, Seven Global Remit, Ltd, in order to collaborate and improve the landscape of international money transfer services and financial inclusion for foreign residents in Japan. The acquisition will allow for a seamless transition of Seven Global Remit customers to use the services of Smiles Mobile Remittance, and provide unparalleled access to the country's largest ATM network, establishing Smiles Mobile Remittance as the premier choice for foreign residents in Japan.
Quick answer
Digital Wallet Corporation is acquiring Seven Global Remit Ltd, announced February 9, 2024. Digital Wallet Corporation is based in Chiyoda, Tokyo, Japan.
- How much did Digital Wallet Corporation pay for Seven Global Remit Ltd?
- The deal value was not disclosed.
- What does Digital Wallet Corporation do?
- Digital Wallet Corporation (DWC) has combined the powers of Artificial Intelligence (AI) and Financial Technology (FinTech) and used their expertise to carefully craft and develop a premium financial service that’s..
- Where are Digital Wallet Corporation and Seven Global Remit Ltd based?
- Digital Wallet Corporation is based in Chiyoda, Tokyo, Japan. Seven Global Remit Ltd is based in Japan.
Source: Fundz verified event record.
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Frequently asked
Who acquired Seven Global Remit Ltd?
Seven Global Remit Ltd was acquired by Digital Wallet Corporation, based in Chiyoda. The deal was reported on February 9, 2024. Digital Wallet Corporation is privately held and operates in Financial Services.
When did Digital Wallet Corporation acquire Seven Global Remit Ltd?
Digital Wallet Corporation's acquisition of Seven Global Remit Ltd was reported on February 9, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Seven Global Remit Ltd do?
Seven Global Remit is a 100% subsidiary owned by Seven Bank Ltd. which has been offering international money transfer service since 2011. It is privately held, operating in Financial Services, and is based in Japan.
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