TOKYO -- Mizuho Financial Group will launch a company dedicated to financial technology in June, with the aim of generating 100 billion yen ($894 million) in added value by 2020.
The Japanese megabank's recently installed chief digital innovation officer, Daisuke Yamada, will head the affiliate. Mizuho "is finished studying, and moving on to practical application" of fintech, President Yasuhiro Sato said.
