Business · Companies · 1 hr ago

SBI aims to connect Southeast Asian fintech firms in digital asset push

SBI aims to connect Southeast Asian fintech firms in digital asset push

Japanese financial giant SBI is seeking to build a digital-asset business across Southeast Asia.

It has spent hundreds of millions backing fintech firms in the region.

The strategy brings SBI’s investments in Southeast Asian fintech into its digital-asset ambitions.

The challenge is making the firms work together.

That matters because backing separate companies is not the same as building a connected business.

SBI’s next step is to bring its investments together, though no details about how or when are given.

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