Sumitomo Mitsui Banking Corporation
Japan’s SMBC launches $200M fund to invest in Asian FinTech startups
Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” (CVC) with Tokyo-based venture capital firm Incubate Fund (IF) in the Singapore for the purpose of accelerating business development and partnerships through investments in high potential Asian start-ups.
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