SBI Sumishin Net Bank and FOLIO to Jointly Provide New Asset Management Services
SBI Sumishin Net Bank and FOLIO, a subsidiary of FOLIO Holding that provides innovative financial solutions within the SBI Group, have concluded a "Basic Business Partnership Agreement" for the purpose of jointly developing new asset management services for SBI Sumishin Net Bank customers. The launch of the new joint services is scheduled for around autumn 2026.
Background and History of This Business Partnership
SBI Sumishin Net Bank continues to grow by achieving high customer satisfaction through providing highly convenient financial services such as its BaaS business "NEOBANK" and creating innovative business models utilizing cutting-edge technology, working toward the realization of "a society where prosperity circulates through technology and the spirit of fairness."
FOLIO was founded in 2015 and provides discretionary investment management solutions for individual customers and financial institutions through AI utilization and discretionary investment platform provision. For general customers, it provides AI investment "ROBOPRO," which features AI predicting market ups and downs and dynamically changing investment allocation. For SBI Sumishin Net Bank customers, it has been providing "ROBOPRO for SBI Sumishin Net Bank" since December 2023.
For financial institutions such as banks and securities companies, through providing the SaaS-type discretionary investment platform "4RAP (Four-Wrap)," it contributes to the spread of discretionary investment management services utilizing their own customer accounts and custody balances. Furthermore, through investment advisory services utilizing AI predictions, it is expanding cooperation with various financial institutions while advancing the expansion and sophistication of asset management. In July 2025, the FOLIO Group's total assets under management exceeded 400 billion yen.
Recently, the financial capital market environment is facing a major turning point with the Bank of Japan's review of monetary policy and interest rate conditions, and changes are occurring in the competitive environment, including entry into the financial market and provision of new services by major IT companies and existing financial institutions.
Given this environment, both companies have considered and repeatedly discussed services that would satisfy SBI Sumishin Net Bank customers. As a result, they agreed to plan, develop, and provide new services that transcend the barriers between banking and securities investment services, enabling anyone to use them intuitively and comfortably through advanced UI/UX. The launch of the new joint services is scheduled for around autumn 2026.
About SBI Sumishin Net Bank
SBI Sumishin Net Bank was established as an internet-only bank in 2007 and has earned the patronage of many customers with achievements including 8 million accounts, deposit balances exceeding 10 trillion yen, and No. 1 in Japan for new housing loan executions.
Since its opening, with cutting-edge technology and financial know-how cultivated through innovative initiatives, it quickly launched "BaaS (Banking as a Service) business" and continues to create new financial services as a BaaS pioneer.
SBI Sumishin Net Bank aims to realize "a society where prosperity circulates through technology and the spirit of fairness" as a "tech company" beyond banking.
About FOLIO Holdings
FOLIO Holdings upholds the mission "Design Tomorrow's Finance" and aims to realize a prosperous future through creating financial solutions required by future society. Currently, it has under its umbrella FOLIO, which provides discretionary investment management solutions and investment advisory services to general customers and financial institutions, and AlpacaTech, which develops AI solutions for investment management and trading. Under the powerful business synergy of both companies, it is expanding financial solutions utilizing advanced technological capabilities.
Going forward, it will continue to sincerely address customer and social issues, design new solutions with the technological and creative capabilities that are the group's strengths, and provide the group's value to more stakeholders. FOLIO Holdings is a group company of SBI Holdings, which is listed on the Tokyo Stock Exchange Prime Market and has SBI Securities under its umbrella.
Norbert Gehrke
