Curfex and Fukugu form a dual-entity infrastructure stack for regulated JPY payment, collection, conversion, and settlement for institutions, platforms, and businesses operating in and out of Japan.
Offshore settlement, FX conversion, and international payout orchestration. This is the global settlement and treasury layer of the stack.
Fukugu provides the regulated domestic layer in Japan, including JPY receipt, local virtual account infrastructure, domestic payout execution, and Japan-specific compliance handling.
This allows the group to operate a true domestic JPY leg rather than relying solely on correspondent intermediaries.
Curfex handles the international settlement layer. Fukugu holds the Japan payment license. Together they create a compliant path for JPY collection, domestic execution, foreign conversion, and onward settlement.
Curfex provides offshore settlement control, client fund handling within its licensed framework, and international payout orchestration across supported rails.
For Japan-linked partners, Curfex is the point where JPY-originating funds become part of the broader settlement workflow.
Fukugu provides the regulated domestic layer in Japan, including JPY receipt, local virtual account infrastructure, domestic payout execution, and Japan-specific compliance handling.
This allows the group to operate a true domestic JPY leg rather than relying solely on correspondent intermediaries.
Japan is not treated as a generic corridor. The structure is designed around a domestic JPY execution layer combined with international settlement capability.
| Rail | Status | Description |
|---|---|---|
| Zengin | Live | Domestic Japanese bank transfer execution through the licensed Japan entity. |
| Real-time bank payout | Live | Fast JPY disbursement for supported destinations and operating windows. |
| Virtual account collection | Live | Structured receipt of JPY into controlled accounts for partner and platform use cases. |
| SWIFT settlement | Live | International settlement layer for funds moving beyond Japan. |
| Card push payout | Planned | Additional payout options for cross-border disbursement use cases where bank transfer is not the preferred last mile. |
The same underlying stack supports partner integrations, business use cases, and end-user product interfaces â with different access layers and operating controls.
Licensed financial institutions, payment companies, and platforms that need programmatic access to Japan collection or payout capabilities.
Companies that need to collect in JPY, disburse locally in Japan, or route Japan-linked funds into international settlement workflows.
End-user access may be provided through branded product layers where relevant, while the regulated infrastructure remains separated underneath.
Talk to us about partner structures, JPY collection, domestic payout, or blended Japan-to-global settlement workflows.