The bank’s two open innovation initiatives, Nobunaga Capital Village and Juroku Bank Accelerator 2021, will target technology developers focusing on fintech and regional revitalisation.
Japan-based financial services firm Juroku Bank has formed a venture capital unit dubbed Nobunaga Capital Village and a startup accelerator called Juroku Bank Accelerator 2021.
Nobunaga Capital Village will be launched in April 2021 with ¥4.5bn ($41.2m) of capital across two vehicles, and will target developers of financial technology and local economy revitalisation projects, focusing on the Chūbu region where the bank is headquartered.
Kiyotaka Tōge, chief investigator of Juroku Bank’s corporate planning department, will oversee Nobunaga Capital Village as…
