GMO Internet Group company and Japanese Venture Capital firm, GMO VenturePartners today announces that it will launch the GMO Global FinTech Fund in June 2018, which is focused on investing in the global FinTech space. GMO Global FinTech Fund will make full use of not only a wide network and new businesses but also the assessment abilities each company of GMO Internet group has, with FinTech companies GMO Financial Holdings, Inc., which leads a business company that has No.1 annual FX trading volume worldwide for the 6th consecutive year, and Money Forward, Inc., which is one of GMO VP investees that is rolling out a mounting number of new FinTech operations, as our strategic partners. Initially established at approximately 3 billion yen, we are looking for a maximum of 10 billion yen.
[Article Link: https://www.gmo.jp/news/article/?id=6055 ]