TOKYO -- Sumitomo Mitsui Banking Corp. (SMBC) and Incubate Fund, a Tokyo-based venture capital company, have jointly set up a fund in Singapore to invest in promising fintech and other startups in Asia.
Japan bank, VC firm eye 'Banking as a Service' tech with Singapore-based fund

SMFG in recent years has successively invested in financial institutions in Indonesia, Vietnam, the Philippines and India.
TOKYO -- Sumitomo Mitsui Banking Corp. (SMBC) and Incubate Fund, a Tokyo-based venture capital company, have jointly set up a fund in Singapore to invest in promising fintech and other startups in Asia.