It turned out that Sumitomo Mitsui Financial Group has begun to consider investing in SBI Holdings, a major online finance company.
According to the people concerned, Sumitomo Mitsui Financial Group, a major financial company, has begun to consider investing about 10% in SBI by undertaking a third-party allotment of capital to be implemented by SBI Holdings.
The two companies already have a tie-up in a wide range of fields, but Sumitomo Mitsui Financial Group is expected to aim to attract the younger generation of SBI's customer base through investment and strengthen its business such as online securities.
On the other hand, SBI seems to have the aim of expanding its business in the field of online finance by utilizing the huge customer base of banks and card companies under the umbrella of Sumitomo Mitsui Financial Group.
So far, Sumitomo Mitsui has invested 20% in a group company of SBI, which handles securities services for smartphones, and has promoted cooperation such as jointly establishing a private exchange. , Mega Bank and a major online finance company will join hands in earnest.