MUFG: Established MUFG Innovation Partners (MUIP)

0
376
MUFG: Established MUFG Innovation Partners (MUIP)

MUFG: Established MUFG Innovation Partners (MUIP)

  • MUIP will manage corporate venture capital funds of MUFG
  • Financial services industry transformed by fintech start-ups that have scaled up rapidly
  • Raised substantial amounts of capital from financial and non-financial institutions
  • Promote investments in start-ups and business “synergies” between MUFG and such start-ups
  • MUIP take advantage of “The Investment Specialised Subsidiary” status under the Japanese Banking Act