Fukuoka Financial Group Establishes JPY 3bn CVC Fund No. 2

Fukuoka Financial Group has established the "CVC Fund No. 2" with a total fund size of 3 billion yen, jointly with SBI Investment and FFG Venture Business Partners, in order to strengthen investment functions aimed at realizing alliances with promising startup companies.

Background and Purpose of Establishment

FFG has been working on co-creating new businesses beyond existing operations through alliances with external partners, including startup companies. In CVC Fund No. 2, FVP, which has been leading startup investments at FFG, will collaborate with SBI Investment, which has one of Japan's largest investment track records and incubation expertise, to accelerate investments in startup companies with cutting-edge technologies such as AI and innovative business ideas.

Through open innovation, FFG will achieve genuine prosperity for the region through the growth of investee companies and resolution of regional issues, with forward-thinking ideas.

Fund Overview

Fund Structure Diagram

FFG and Minna no Ginko Establish Strategic Partnership with FinTech Startup LiNKX

Fukuoka Financial Group (FFG) and its subsidiary Minna no Ginko, along with next-generation financial system development startup LiNKX, have signed a basic agreement on a strategic partnership. As part of this partnership, FFG’s subsidiary, The Bank of Fukuoka, has invested in LiNKX. Zero Bank Design Factory, FFG’s system subsidiary, and

Japan FinTech ObserverNorbert Gehrke