Key facts
- Viva Republica will acquire Cheer Securities, a subsidiary of Tokai Tokyo Financial Holdings.
- The deal is intended to capitalize on growing interest in investing among young Japanese consumers.
- Viva Republica aims to expand its mobile-first retail investing services.
South Korea's Viva Republica is set to acquire Cheer Securities, a subsidiary of Japan's Tokai Tokyo Financial Holdings. The fintech company plans to leverage the growing interest in investing among young Japanese consumers and expand its mobile-first retail investing services. The deal marks Viva Republica's entry into the Japanese market.