Siiibo Securities Co., Ltd., which operates a corporate bond issuance and purchase platform, has raised funds through a third-party allotment of new shares, with underwriters including Aozora Corporate Investment, 15th Rock, FINOLAB No. 1 Investment Limited Partnership, and Pacific Bays Capital. As a result, the Company’s total procurement amount is approximately 1.6 billion yen.
Using this funding, we will promote sales of our new product, “Consolidated Bonds,” which allows investors to diversify their investments in corporate bonds. We will also increase the amount of corporate bonds issued to companies, promoting fund raising.
The recent interest rate hike has created a “world with interest rates,” and investors are increasingly interested in “income-gain investments” that provide continuous income by holding the bonds. Corporate bonds in particular offer the advantage of allowing companies greater flexibility in how they use the funds, and in 2024, due in part to an increase in last-minute issuance before interest rate hikes, the amount of corporate bond issuance reached a record high of approximately 15.7 trillion yen.
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In addition, private assets (unlisted assets) are attracting attention as investment products, and the option of investing in unlisted companies, which was previously limited to institutional investors, is now expanding to individuals as well.
Diversifying fundraising sources to help unlisted companies grow is also considered important in the government’s growth strategy, and the Japan Securities Dealers Association and the Financial Services Agency are strengthening their efforts to encourage the inflow of personal assets into risk capital, such as by hosting a “Roundtable on the Supply of Growth Capital to Startup Companies, etc.”
Taking advantage of these changing circumstances, Siiibo Securities has raised funds to further grow its platform that directly connects companies, primarily unlisted startups, with individual investors through corporate bonds.
SOURCE: PRTimes
