TOKYO -- Mizuho Financial Group will partner with SoftBank Group in the latest move in Japan to provide financial services to smartphone users, Nikkei has learned. The two companies, through the tech giant's payment unit PayPay, will offer services including making personal loans using credit scores as well as stock trading.
The collaboration is expected to widen Mizuho's customer base. Sumitomo Mitsui Financial Group and SBI Holdings have also entered into a comprehensive partnership, another sign of active collaboration between banks and tech companies.
