Japanese investment bank, Nomura, has teamed with PwC, Google, IBM and Amazon Internet Services on the launch of Voyager, which looks to harness FinTech innovation to help transform its businesses and services. Startups will be able to access Nomura resources and test their concepts and solutions leveraging the firm’s people, processes and technology. This could lead to new entrants gaining the FI as a client and/or an investor.

The Nomura Innovation Centre (NICe) has been set up at Powai in Mumbai to provide a platform for those selected for the programme. R.K. Rangan, President & CEO, Nomura Services India, says: “New technology, supported by an innovation-driven ecosystem, has resulted in an environment of increasing collaboration between new and traditional market players. Building on this momentum, Voyager is a programme for startups to engage with Nomura to drive innovation through its global network.”

“Nomura has already gained momentum in FinTech with the launch of Financial Innovation Office globally, an accelerator programme in Japan, and the establishment of N-Village, a wholly- owned subsidiary, to promote new business development and open innovation. We also plan to create a new 10 billion yen fund to provide financial support to startups. The Voyager initiative in India is a further sign of our commitment to engage with startups and encourage financial innovation,” adds Yo Akatsuka, Senior Managing Director, Innovations, Nomura Holdings.

by Scott Thompson
Scott is Senior Editor at IBS Intelligence. You can follow him on Twitter and contact him at: Scott.Thompson@ibsintelligence.com