Australian fintech company Moroku has been selected to participate in the Tokyo Metropolitan Government’s “Global Financial City: Tokyo” program, a strategic initiative to elevate Tokyo’s status as a premier global financial hub.
As the largest city in the world, with 37 million citizens, Tokyo ranks #1 in Asia and #3 globally in the Global Power City Index. It hosts the world’s third-largest equity market, with 3,900 listed companies and a daily trading volume of over US$33 billion. Japan’s households hold US$14.27 trillion in financial assets, an immense opportunity for innovation and inclusion.
As with many aging populations around the world, the Japanese government is investing heavily in financial literacy and resilience, launching initiatives like J-FLEC to empower citizens with lifelong financial skills. From school programs to adult education and digital tools, the goal is clear: help every citizen invest in their future and navigate a rapidly digitizing economy.
Moroku was selected into the program due to its capabilities to help banks with wealth management capabilities get these tools into the hands of citizens in meaningful ways as well as its broader platform capabilities to assist regional and community banks take advantage of increasingly democratized cloud banking.
Moroku Odyssey and its OnRamp program provide banks with gamified, emotionally intelligent digital experiences that educate, engage, and reward customers for building strong money habits.
Moroku Money empowers regional and community banks, with modern mobile-first platforms, open banking integration, and behavioral engagement tools.
Moroku Founder and CEO Colin Weir said, “We’re excited to contribute to Tokyo’s rise as a global financial powerhouse and support Japan’s mission to build a financially resilient society.
“As Japan modernises its financial landscape, Moroku is here to help banks, big and small, deliver on the promise of financial wellness, inclusion, and innovation.”