Money Forward, Inc. (JP:3994) has released an update.
Money Forward, Inc. has decided to reorganize its fintech business by transferring its payment services to its subsidiary, Money Forward Kessai, through a simplified absorption-type company split, effective March 1, 2025. This strategic move aims to streamline operations, strengthen governance, and increase business agility, particularly in obtaining necessary permissions and approvals. The restructuring will not affect the capital, share acquisition rights, or convertible bonds of Money Forward, Inc.
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