Loans and investment with "Pay Pay" Mizuho to form partnership with Softbank June 18 22:08

Mizuho Financial Group, a major financial group, has partnered with a major telecommunications company, SoftBank, to start a service that allows users of smartphone payment "PayPay" to rent money and buy investment trusts.

Mizuho Financial Group has started a service that allows you to use your smartphone to obtain a loan. Mizuho will also provide services with the smartphone payment application "PayPay".

"PayPay" funded by SoftBank is a major smartphone payment domestic company that can read QR codes etc. without using cash, and has approximately 28 million users.

Mizuho aims to cultivate a younger generation of customers through "PayPay," and plans to make it possible to buy financial products such as investment trusts in addition to obtaining loans.

Regarding financial services using smartphones, the Sumitomo Mitsui Financial Group has partnered with SBI Holdings, a major Internet finance company, to accelerate the collaboration.