South Korean financial group opens startup accelerator in Japan

Shinhan Financial looks to get on ground floor of growing startup market

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Shinhan Financial Group hopes to act as a bridge between the startup markets of South Korea and Japan.

YUKI SEKIGUCHI and JUN TAMAKI, Nikkei staff writers

TOKYO -- Shinhan Financial Group, a leading South Korean banking institution, has launched a business accelerator program in Japan that will help South Korean startups field operations in the market.

Shinhan is supporting the entry of South Korean startups into Japan as a way generate commercial channels between the two countries. The Korean pop culture wave that has swept through Japan is starting to give rise to new markets. This has created a business opportunity for Shinhan to serve as a bridge.

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