Gojo & Company, Inc. (Gojo) is pleased to announce the issuance of a 1st Series Unsecured Corporate Bond (Ranking pari passu among bonds and private placement with restrictions on splits) (hereinafter, “private placement bond”) on the online investment platform operated by Siiibo Securities (Siiibo).
Gojo has successfully raised debt financing from Japanese individual investors in the form of a private bond placement through Siiibo, an online securities company specialized in corporate bonds. The solicitation for investment into this private bond was open only for a small number of investors registered with an online investment platform “Siiibo”, operated by Siiibo Securities.
The fund raised will be used as working capital for the group companies’ business expansion, or inter-company loans to group companies.
For inclusive financial service providers in developing countries, high funding cost is one of the major challenges. Gojo continues to work on optimizing funding cost by pursuing global scale and risk diversification, building strong relationships with Japanese financial institutions and individual investors, and diversifying financing methods.
About Siiibo Securities:
Siiibo Securities is a Tokyo-based independent online securities company specialized in corporate bonds. Driven by the mission to create free, transparent and impartial direct finance, their aim has been to unleash the potential of private placement bonds since their establishment in 2019. They provide an online investment platform and offer financial advisory services for business customers.
Company Name: Siiibo Securities Co., Ltd.
Location: Chuo-ku, Tokyo, Japan
Establishment: January 11, 2019
Capital: 434 million yen
Founder & CEO: Kazuki Komura
About Gojo & Company:
Gojo was founded to extend financial inclusion to everyone in the world, beginning with developing countries. Gojo encourages the formalization and growth of micro, small, and medium-sized enterprises. Our long-term goal is to enable the provision of high-quality affordable financial services for 100+ million unserved and underserved people in 50+ countries by 2030. Six years since our establishment, we work in Cambodia, Myanmar, Sri Lanka and India with USD 353 million gross loan portfolio, 5,000+ employees, serving more than 716,000 clients.
Vision: Create a world where everyone can determine their future
Mission: Extend financial inclusion to everyone
Long-term Goal: Enable provision of high-quality affordable financial services for 100+ million unserved and underserved people in 50+ countries by 2030
Address: Tokyo, Japan
Founder & CEO: Taejun Shin
Establishment: July 4, 2014