Jaccs and Solvvy Agree on Capital and Business Alliance for Home Renovation DX

Jaccs Co., Ltd. and Solvvy Inc. have signed a basic agreement for a capital and business alliance to co-develop a DX platform for home renovations and expand extended warranty services. By integrating Jaccs' renovation loan network with Solvvy's SaaS technology, they aim to automate contract and payment processes for contractors. Jaccs will also leverage Solvvy's expertise in warranties to diversify revenue streams. The alliance includes a capital tie-up via Jaccs acquiring Solvvy's treasury shares.