Shinhan Financial Group Holds 'Shinhan Future's Lab Demo Day' in Tokyo, Japan

Shinhan Financial Group said on November 12 that SBJ Bank, the Japanese subsidiary of Shinhan Bank, co-hosted the “Shinhan Future’s Lab Japan Demo Day” with Kiraboshi Bank in Tokyo on November 11.

Representatives from SBJ, Kiraboshi Bank and startups pose for a commemorative photo at the Shinhan Future's Lab Japan Demo Day, held in Tokyo, Japan, on the 11th. Photo courtesy of Shinhan Financial Group.

The program was launched in 2022 to support Korean startups seeking to enter Japan. The following year, Shinhan Venture Investment and Japanese venture capital firm Global Brain jointly established the Shinhan-GB Futureflow Fund, worth approximately 5 billion yen, creating a foundation for investment partnerships.

The event was held through a partnership between SBJ Bank and Kiraboshi Bank, which has a strong network of small and medium-sized businesses in the Tokyo metropolitan area. It aimed to expand exchanges between Korean startups and local companies and investors, and to provide opportunities to enter the Japanese market.

Twenty-two promising Korean startups, including companies backed by Shinhan Future’s Lab, took part in the demo day to present their innovative technologies and services. More than 500 people attended from Japan, including representatives of companies, venture capital firms, local startups and accelerators.

The event featured investor relations sessions to attract investment, exhibition booths showcasing technologies and services, a panel discussion on ways to foster cooperation between the Korean and Japanese startup ecosystems, and networking programs with local companies and investors.

A Shinhan Financial Group official said, “In addition to nurturing startups, fostering collaboration with group companies and connecting them with investors, Shinhan Future’s Lab also supports their entry into overseas markets. We will continue to leverage our local financial network and investment capabilities to help Korean startups find tangible business opportunities overseas and grow.”

This content was produced with the assistance of AI translation services.