MUFG on the hunt for innovative fintech companies


06 January 2017

Mitsubishi UFJ Financial Group (MUFG), the largest financial group in Japan, has developed a Fintech Accelerator Program to promote innovation in fintech.

The initiative is run by MUFG to spark innovation within financial services with the help from talented minds. The programme includes mentorship and sessions to brush up business plans and to jump start new services.

What differentiates this Fintech Accelerator Program from other initiatives is the deep engagement provided by MUFG group companies. Through the programme, participants will learn how financial services work, what problems financial institutions (including MUFG) have, and how organisations can work together to solve these problems. 

As a result, three out of the five startups who joined the first batch (ended August 2016) officially announced the partnerships with one or two group companies under MUFG at the end of the programme.

MUFG is now welcoming applications for the second batch (deadline January 22nd). The bank is particularly interested in disruptive startups from outside Japan who plan to enter the Japanese market.

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Keywords : Innovation , Fintech

Geography : Japan