Central regions | Finance, business | Technology & innovation

Russia and Japanese partners invest in FinTech

9 Feb '21
The Russian Direct Investment Fund (RDIF) and the Russo-Japanese Investment Fund (RJIF) have agreed to jointly invest $13.5m in a fast-growing international asset called SBI Bank, Firrma.ru reported.

RJIF is co-owned by RDIF, Japan Bank for International Cooperation, and JBIC IG Partners.

The 100% owner of SBI Bank is Japans SBI Holdings that focuses on financial and insurance services, and on investment in FinTech solutions. Since 2017 the bank has been zeroing in on high technology solutions for Russian corporate and retail clients.

Over the past three years SBI Bank is reported to have tripled its assets through SME lending, become a player in the market for electronic banking guarantees in government procurement procedures, and also offered individual customers what the bank claims is a unique solution for family wealth management.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: RFID (26) / FinTech (10) / SBI Holdings (0) / SBI Bank (0) /

Latest News: Central regions
13 Sep '21 | Retail, FMCG | Finance, business
10 Sep '21 | Technology & innovation

Feature stories

2 Aug '21
From enhancing the properties of existing materials...
24 May '21
Biophysicists have looked into the way vitally...
1 Apr '21
Search (News archive - 22735)
Marchmont Tech Solutions_ENG
Marchmont News

Latest News

15 Sep '21
14 Sep '21
Researchers in Krasnoyarsk, in Siberia, found very...
13 Sep '21
A Russian start-up called Intelligence Retail employs...

Most read stories from last week

14 Sep '21
Researchers in Krasnoyarsk, in Siberia, found very...
15 Sep '21
15 Sep '21
3DiVi develops technologies for body and face...