Wednesday, 17 July 2024
Nomura establishes innovation office in San Francisco
Nomura Holdings, Inc. announced plans to establish a new US West Coast office in San Francisco. The new office will focus on promoting financial innovation and new business development.
Serving as a hub for global collaboration between Nomura and Silicon Valley startups and venture capital firms, the new office will explore next-generation businesses and cuttingedge technologies.
Nomura will leverage these technologies to further enhance its existing businesses and transform the way it operates. The firm will also pursue co-investment and business collaboration opportunities across industries with clients in Japan, Asia, and around the world.
In a continued effort to provide financial support for startups, Nomura also plans to invest a total of US$100 million in this initiative.
In April 2015, Nomura launched a cross-divisional FinTech Committee and has since focused on maximizing the use of both internal and external technology resources for its business strategy.
In December of the same year, Nomura established a Financial Innovation Office in Tokyo charged with further enhancing the promotion and support of the firm’s businesses through innovation in financial services.
These two initiatives were followed by the 2017 launch of the firm’s Voyager accelerator programs in Japan and India and the establishment of N-Village, an innovation lab aimed at promoting innovation and new businesses.
The new office is the latest initiative in Nomura’s ongoing pursuit of innovation, new business opportunities and global collaboration.
Re-disseminated by The Asian Banker
