FinTech Magazine May 2020 | Page 83

08 FINOLAB

83 Calling itself the ‘ fintech centre of Tokyo ’, FINOLAB is committed to creating a financial ecosystem for no smaller purpose than instituting a digital revolution . Noting that financial services form the bedrock for so many aspects of modern life ( mortgages , savings accounts , digital transactions , etc ), the ethos of FINOLAB has been to foster innovation and creativity in the community in order to make Japan ’ s sector amongst the best in the world . The organisation ’ s ambitious aim is for one ‘ unicorn ’ ( a startup venture with a valuation of $ 1bn ) to emerge from its services and to establish a new standard of fintech excellence .
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