Mizuho Bank to Acquire AI Financial Venture
Tokyo, July 29 (Jiji Press)--Mizuho Financial Group Inc. said Tuesday that it will acquire Upsider Holdings Inc., a Tokyo-based financial venture that uses artificial intelligence to provide credit cards and accounting efficiency services for corporate clients.
Mizuho Bank, the core subsidiary of the Japanese financial group, will purchase a 70 pct stake in the venture for some 46 billion yen and make it a consolidated subsidiary. Mizuho Bank aims to strengthen financial services for small businesses and startups.
(2025/07/29-19:35)
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