OLTA
[Cloud factoring] OLTA begins joint provision of cloud factoring business with Tamashima Shinkin Bank
~The number of affiliated regional financial institutions is now 36! Supporting the financing of more small and medium-sized businesses and individual business owners ~
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・From December 11th, we partnered with Tamashima Shinkin Bank to start providing “Tamashin Cloud Factoring powered by OLTA.” We aim to support small and medium-sized businesses and individual business owners that are more closely connected to the local community. ・With this partnership, the number of financial institutions with which OLTA has OEM partnerships in the cloud factoring business is now 36 (27 banks and 9 Shinkin banks).
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The partnership with Tamashima Shinkin Bank brings the number of regional financial institutions with which OLTA has OEM partnerships in the cloud factoring business to 36.
*Comparing the dates of service launches announced by five major domestic companies that provide online factoring services. According to OLTA research, December 2023.
About the partnership with Tamashima Shinkin Bank
In the cloud factoring business partnership between OLTA and Tamashima Shinkin Bank, OLTA will provide Tamashima Shinkin Bank with consulting on the planning, development, implementation, and operation of web services, and Tamashima Shinkin Bank will provide services to corporate and individual business owners. I will guide you.
Tamashima Shinkin Bank customers can use cloud factoring provided by OLTA in addition to the services they normally use from financial institutions, making it easier to procure short-term, small-amount working capital. Customers can use it as a new financing method that allows them to quickly raise the necessary funds at the required timing.
Tamashima Shinkin Bank has redefined its raison d’être as “supporting customers’ growth and creating dreams,” and without being bound by existing business areas, we are working to ensure that local customers are not left behind in the changing times. Our goal is to work together with you to find and solve the management solutions that you are facing.
For the bank, the partnership with OLTA is expected to not only improve customer convenience and revitalize the local economy, which has been greatly affected by the coronavirus pandemic, but also contribute to improving the bank’s operational efficiency.
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*As of June 2023. Researched by Teikoku Databank.
List of regional financial institutions partnering with OEM for cloud factoring [Image 4

https://www.olta.co.jp/ (OLTA cloud factoring service site) https://www.invoy.jp/ (INVOY service site)
Tamashima Shinkin Bank Overview
Representative: Chairman Hirohiko Takuwa
Head office location: 1438 Tamashima, Kurashiki City, Okayama Prefecture Established: November 7, 1914 (Taisho 3)
Business content: Financial institution business
URL: https://www.shinkin.co.jp/tamashima-sk/