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Japanese Internet Giant Rakuten Launched $100 Million FinTech Fund

Japanese Internet giant Rakuten announced the official launch of its $100-million global FinTech fund to focus on investments in disruptive early to mid-stage FinTech startups. US and Europe will be the primary geographic focus of the fund with particular attention to FinTech in London, San Francisco, New York and Berlin. However, as stated in the press release, the Rakuten FinTech Fund plans to expand operations globally.

The fund is aimed to support entrepreneurs in the financial services industry along with providing them access to its divisions in online banking, credit cards, insurance, securities and asset management in Japan a ...

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