Tag "MUFG"
MUFG Bank Acquires 15.55% Stake in Robo-Advisor WealthNavi for US$104M
MUFG Bank, a subsidiary of Mitsubishi UFJ Financial Group, has acquired a 15.55% stake in robo-advisor WealthNavi for approximately 15.65 billion yen (104.15 million), marking a strategic move to bolster its digital financial services. This capital and business alliance aims
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MUFG Taps AWS for Enhanced Efficiency in Cloud-First Strategy
Amazon Web Services (AWS) has been selected as the preferred cloud provider by Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial services provider. This collaboration is part of MUFG’s strategy to adopt a cloud-first approach, utilising AWS’s cloud technologies such
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MUFG Launches Debt Fund for Japanese Investors to Lend to Overseas Startups
MUFG’s subsidiaries have established a debt fund framework for Japanese institutional investors to provide loans to overseas startups. The two subsidiaries are MUFG Bank and Mitsubishi UFJ Trust and Banking Corporation (MUTB). Japanese institutional investors will be able to participate
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MUFG Sets up JPY 20 Billion Fund to Support Startups With Innovative Tech
Mitsubishi UFJ Financial Group (MUFG) and its subsidiary, Mitsubishi UFJ Innovation Partners (MUIP), have established a JPY 20 billion (US$136.4 million) fund to support startups. The fund, called the MUFG Innovation Partners No. 3 Investment Partnership (No. 3 Fund), will
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MUFG Set to Launch New Debt Funds Worth US$400 Million in Japan, Europe
Mitsubishi UFJ Financial Group (MUFG) announced plans to establish two new debt funds for Japanese and European startups worth almost US$400 million in total. The group’s subsidiary MUFG Bank and Israeli fintech Liquidity Capital will be providing the funding under
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Animoca Brands Japan Raises US$45 Million From Parent Firm and MUFG
Animoca Brands’ Japanese subsidiary announced that it has raised a total of US$45 million to increase the value and utility of its branded content while fostering the development of a safe and secure NFT ecosystem in the country. The investment
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Coinbase Inks Deal With MUFG To Set Up a Crypto Exchange in Japan
US cryptocurrency exchange Coinbase has signed a deal with banking giant Mitsubishi UFJ Financial Group (MUFG) to begin digital asset trading in Japan. “Our partnership with MUFG will help millions of people in Japan access our platform quickly and begin
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MUFG Bank Ropes in Velotrade to Automate Its Trade Invoice Processing
Velotrade, a digital trade finance marketplace, announced that its trade finance platform has been selected by MUFG Bank to manage its internal invoice processing requirements. The new system automates the processing of thousands of trade invoices every month by MUFG’s
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