Tookitaki Got Selected for FinTech Program: Asia meets Tokyo

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Tookitaki has been listed among 8 Fintech startups in Asia for FinTech Program: Asia meets Tokyo, an accelerator launched by the Tokyo Metropolitan Government (TMG).

We have been selected for our anti-money laundering (AML) solution having a unique machine learning model that automatically selects risk indicators from ever-changing customer behavior and detects suspicious transactions without using personal information or setting specific thresholds.

Tookitaki has developed a Typology Repository Management (TRM) solution, which provides a new way of detecting money laundering through collective intelligence and continuous learning. TRM complements Tookitaki’s automated machine learning approach, which builds detection models based on historical learnings and nuances within the given universe of data.

As part of the “Global Financial City: Tokyo” Vision, which looks to make Japan’s capital into a global financial center by promoting the FinTech industry, TMG launched the Tokyo Metropolitan Accelerator Program and was inviting participants between November 27 and December 14 2020.  The program also aims to enable business matching by providing Tokyo companies with the opportunity to familiarize themselves with technologies possessed by foreign companies.

The initiative received applications from 52 companies from nine different countries in Asia.

As part of the program, Tookitaki will pitch its business plans, receive mentoring and take part in other business matching activities.

The pitching program was streamed online from January 18 until January 25. 

For more details, please visit the TMG website.