For Immediate Release

FINAL RESULT ANNOUNCED FOR JAPAN FINANCIAL INNOVATION AWARD 2024
～ GRAND PRIX AWARDED TO enpay Inc.

～TOKYO, Mar. 5, 2024 - FINOLAB Inc. and FINOVATORS- haveforannounced Grand Prix and Category Excellence

therespective

categoryfor“JapanFinancialInnovation Award 2024（JFIA 2024）” on Mar. 4 at “FutureFrontier Fes by FINOLAB (4F).”
JFIA was inaugurated in the Year 2020 to promote
innovative initiatives in financial area by adopting
information technology and to share best practices in theindustry, and expects to further expand open innovation beyond corporate groups and business sectors.
JFIA2024 consists for 3 categories, including Startup, Financial Institution, and Collaboration. FINOLAB, theFinTech Center of Japan, administrated the evaluation process by extracting more than 300 innovative initiatives
from press releases during the year 2023.

Several category winners were selected by the group ofprofessionals, FINOVATORS, based on the criteria of innovation, growth, and transformation and announced onFeb. 1. And after further evaluation, Grand Prix and Category Excellence for each category was announced
during the 4F.

JFIA 2024 Grand Prix and Category Excellence： https://jfia.tokyo/AwardGrand PrixCompany

enpay Inc.

Initiative (Press Release)

Remarks

Enpay, a cashless and DX-enabled company,

The digitalization of the collection

has launched a new service called "koufuri+"process, with direct deposit capability,

which will facilitate various payments fromwas highly evaluated for its ability tobank accounts.

enhance the convenience of payment

https://www.enpay.co.jp/news/press20230418

operations.

SyFu Announces Launch of Web3 ProjectStartup
Category

Utilizing Payment Data with GameFi.
GINKAN, Inc.

Excellence

https://medium.com/@syfu/syfu-announceslaunch-of-web3-project-utilizing-payment-datawith-gamefi-3af07f707f6d

FinancialInstitution

The Dai-ichi Life Insurance

CategoryCompany, Limited.

Excellence

The new wallet equipped with GameFi,
which converts the value of payment
data into digital assets, was highly
evaluated for its ability to visualize theeconomic contribution through users'
consumption behavior.

Launch of "Asset Formation Plus," a Platform

The company was recognized for its

Service to Support Asset Formation, and anefforts to provide their insurance

Online Banking Service Utilizing BaaS.

clients with a general platform tohttps://www.dai-ichi-manage all types of assets, including

life.co.jp/company/news/pdf/2022_058.pdf

BaaS capability.

UPSIDER Inc. and Mizuho Financial Group,

They were highly evaluated for its

Collaboration

UPSIDER Inc.

Inc. to Launch Joint Venture and Establish

ability to provide flexible debt

Category

Mizuho Financial Group, Inc.

Debt Fund for Growth Stage Startups

financing to meet the diverse financing

https://prtimes.jp/main/html/rd/p/00000009

needs of growth-stage startups.

Excellence

7.000076272.html

JFIA 2024 Winners
CategoryCompanyStartup

Initiative (Some are Only in Japanese)
Released "Payn Connect" which allows various service providers to add

Payn, Inc.

cancellation fee billing and collection functions to their own services.
https://prtimes.jp/main/html/rd/p/000000014.000108402.html

Enpay, a cashless and DX-enabled company, has launched a new service
enpay Inc.

called "koufuri+" which will facilitate various payments from bank accounts.
https://www.enpay.co.jp/news/press20230418

SyFu Announces Launch of Web3 Project Utilizing Payment Data with
GINKAN, Inc.

GameFi.
https://medium.com/@syfu/syfu-announces-launch-of-web3-project-utilizing-payment-data-with-gamefi-3af07f707f6d

Full-scale deployment of "SmartESG," an ESG information disclosure support
Cierpa ＆ Co, Inc.

cloud solution for Mitsubishi UFJ Financial Group, Inc. Making Sustainability
and Technology as a part of daily economic activity.
https://prtimes.jp/main/html/rd/p/000000012.000100923.html

Easy Technology Co., Ltd.

Released "Easy" closedβ of a digital debt collection management SaaS.
https://prtimes.jp/main/html/rd/p/000000003.000114825.html

FinancialInstitution

The Dai-ichi Life Insurance
Company, Limited.

Launch of "Asset Formation Plus," a Platform Service to Support AssetFormation, and an Online Banking Service Utilizing BaaS.
https://www.dai-ichi-life.co.jp/company/news/pdf/2022_058.pdf

Launch of Olive, a comprehensive financial service for retail customers, in
Sumitomo Mitsui

March 2023.

Financial Group, Inc.

https://www.smbc.co.jp/news/pdf/j20230203_02.pdf?fbclid=IwAR0oAIAoXHQUw6tgsad507c07_vY83-6u8nqpKN7nIC8GwZKyXg9bfLKKoFirst online bank to accept online submission of Direct Payment Application
GMO Aozora Net Bank, Ltd.

Form, improving convenience of "Pay-easy" for individual customers!
https://gmo-aozora.com/news/2023/20230619-01.html

Collaboration

MILIZE Inc.,SBI Sumishin Net Bank, Ltd.

Start of a new initiative combining financial solutions by MILIZE Inc., an AI
and Fintech company, and BaaS by SBI Sumishin Net Bank, Ltd.
https://milize.co.jp/news/20230406_5228

Business Alliance with Mizuho Trust & Banking Co., Ltd.
EmotionTech, Inc.

Supporting Listed Companies' Individual Shareholder Strategies withMizuho Trust & Banking Co., Ltd.

Shareholder Loyalty Analysis.
https://prtimes.jp/main/html/rd/p/000000110.000021205.html

Mortgage Loan Comparison Service "Mogecheck" Starts Offering Mortgage
MFS, Inc.

Loans for Executives and Employees of Startup Companies. ～Developed

Kiraboshi Bank, Ltd.

Dedicated Mogecheck products in cooperation with Kiraboshi Bank, Ltd.
https://www.mortgagefss.jp/pressrelease/2104/

UPSIDER Inc.
Mizuho Financial Group, Inc.

UPSIDER Inc. and Mizuho Financial Group, Inc. to Launch Joint Venture andEstablish Debt Fund for Growth Stage Startups
https://prtimes.jp/main/html/rd/p/000000097.000076272.html

Start of Collaboration with MUFG Bank, Ltd. in the Asset Management.
TORANOTEC Ltd.

Released Pedometer application "Aruitoku! for MUFG" that allows users to

MUFG Bank, Ltd.

earn investment funds every day just by walking.
https://prtimes.jp/main/html/rd/p/000000082.000023255.html（In order of announced Order）■About FINOLAB Inc.

■About FINOLAB Community

Address：Otemachi 1-6-1, Chiyoda-ku Tokyo

The Fintech Center of Tokyo, FINOLAB is a membership community

Representative：CEO, Chie Itoand an office space located in the heart of international financial

Founded：2019-07-11

district in Tokyo）to promote

Capital：JPY 300 Million

2016 by Mitsubishi Estate and Dentsu Group as the first FinTech

Business Domain ： Promoting FinTech initiatives of Members,Center in Japan. Consists of 53 Startup Members, 6 Associations

including startups and corporates, and expand FinTech ecosystemandin Japan.

https://finolab.tokyo/

25

Corporate

FinTech ecosystem. Launched in Feb.

Members(AsofMar.

2024).

Web：https://finolab.co.jp/■About FINOVATORS, General Incorporated Association
Non-profit organization, with a group of pro-bono experts（Layer, Investor, Consultant, Analyst, Engineer, Entrepreneur, Banker, PublicSector Specialist, etc.）for supporting startups. Driving health innovation ecosystem in Japan by activities based on global and future vision,
not limited to any organization or business area. http://finovators.org/【Inquiry for this release】
FINOLAB Ince. (Att. Saito)
E-Mail：info@finolab.co.jp＃＃＃