ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Japan's SBI teams up with South Korean peer Kiwoom

The partners eye fintech investment, online banking

TOKYO -- Japan's SBI Holdings and South Korea's Kiwoom Securities will collaborate on financial technology investment and other operations in Asia.

The two leading online brokerages in their respective countries will announce the partnership on Wednesday. Kiwoom began in 2000 as South Korea's first online brokerage, growing into a business overseeing about 2.7 million accounts and 3.7 trillion yen ($32.2 billion) in assets under management. It is among the country's top financial institutions in retail equity trading.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more