The personal finance app developer has received approval for a Tokyo IPO that will give exits to corporates including Credit Saison, GMO and Mitsui Sumitomo Insurance.

Japan-based accounting software provider Money Forward has had an initial public offering on the Tokyo Stock Exchange that will allow several corporate investors to exit, it said today.

Founded in 2012, Money Forward has developed a personal accounting and finance management app that can be integrated with a user’s bank account and purchase history.

The company has not disclosed how much it hopes to raise through the IPO, but it will offer about 1.6 million shares and another 382,300 through…