Business Expanding CLPS Incorporation, a global IT consulting and solutions service provider engaged in payment infrastructure development, establishes a Japanese subsidiary in Tokyo

Feb 24, 2023

CLPS IncorporationExternal site: a new window will open. (“CLPS”) is an IT service provider established in Shanghai in 2005, offering IT solutions and IT consulting services to financial companies, including but not limited to credit card issuers, banks, insurance, and e-commerce. It was listed on NASDAQ in 2018 and moved its headquarters to Hong Kong in 2020.

Establishment
2019/09
Destination
Tokyo
  • ICT
  • China

The main IT solutions provided by CLPS include the development of card payment infrastructure, system integration to migrate the systems used by banks and other financial institutions into cloud, and the construction and management of e-commerce platforms. In addition, it is currently developing blockchain-based financial system, which has gained traction in recent years. CLPS also provides DevOps IT consulting and solutions services, as well as offers IT talent training programs. It has delivery and R&D centers across Mainland China, Hong Kong SAR, the United States, Japan, Singapore, Malaysia, Australia, India, the Philippines, and Vietnam.

In September 2019, CLPS established CLPS Technology Japan Co., Ltd. in Tokyo to strengthen support for its existing clients in Japan and develop new ones.

To assist with the establishment of its Japanese subsidiary, JETRO Invest Japan Business Support Center (IBSC) provided legal, taxation, and labor- related consulting services, introduced service providers, assisted with personnel recruitment, introduced real estate properties, and issued JETRO support certificates to CLPS.

Listed on NASDAQ in 2018

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