TOKYO -- Japanese lender Sumitomo Mitsui Banking Corp. (SMBC) plans to double funding for startups, seeking to capture demand from early-stage companies hungry for capital.
Japanese bank to launch fund to purchase unlisted startup shares from investors

SMBC looks to provide startups with financial support to keep them from listing too early. (Photo by Yuki Nakao)
TOKYO -- Japanese lender Sumitomo Mitsui Banking Corp. (SMBC) plans to double funding for startups, seeking to capture demand from early-stage companies hungry for capital.