TOKYO -- Sumitomo Mitsui Financial Group and SBI Holdings are set to enter into a comprehensive partnership, Nikkei has learned, in a move aimed at taking a lead in financial technology.
Finance
Japan's SMFG and SBI to partner in digital banking
Financial groups also prep $930m joint fintech fund to capture young customers
Sumitomo Mitsui, Japan's second largest bank, and SBI, the nation's top online broker, are expected to sign a deal this week intended to keep them ahead of a raft of nonfinancial companies using digital tech to enter their sector.
Read Next
%20%E3%81%AE%E3%82%B3%E3%83%94%E3%83%BC.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
Latest on Finance
