Sumitomo Mitsui Weighs Investing in U.S. Technology Startups

Updated on
  • Credit card unit has met with more than 500 companies
  • Japan must embrace cashless transactions, unit chief says

Sumitomo Mitsui Financial Group Inc.’s credit card unit is zeroing in on investments in the U.S. financial-technology sector, as Japan plays catch-up to other developed economies in electronic payments.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.