Mitsubishi UFJ Financial Group Adds Finatext Fundect App to Boost Investment Trust Sales

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Mitsubishi UFJ Financial Group Inc. linked with fintech platform Finatext Ltd to boost investment trust sales by providing information through a smartphone application, reported  Bloomberg, the first time Mitsubishi partnered with fintech startup on a new service.

The Fundect app, which was developed by  as part of a competition run by Mitsubishi UFJ, helps users to select investment trusts, exchange information about the funds and shows banner advertisements for the bank, Ryota Hayashi, Finatext CEO told Bloomberg.

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Ruiz Asri