TOKYO -- Japanese financial group SBI Holdings on Friday said it planned to raise up to 100 billion yen ($920 million) for a new venture capital fund, in what will be the biggest active investment vehicle in Japan focused on startups.
SBI, which owns Japan's largest online brokerage, has emerged as a powerful force in Japan's venture capital industry, launching funds in 2015 and 2018 mainly targeting fintech startups.
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