SBI Rheos Hifumi Inc (TYO:165A) has completed the establishment of Kiffy Inc., a wholly owned subsidiary aimed at operating a donation platform to promote financial inclusion, according to a Monday filing on the Tokyo Stock Exchange.
The Tokyo-based firm said Kiffy will work to create a system that makes donations more accessible by addressing the inconvenience and distrust surrounding charitable giving.
SBI Rheos shares fell nearly 3% in late-morning trade Tuesday.
Price (JPY): $194.00, Change: $-5.0, Percent Change: -2.51%
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