Tokyo positions itself as untapped market for fintech startups

Tokyo

SOFT jazz music plays in the glitzy Cotton Club of Tokyo's Marunouchi district. But instead of fine diners, the Monday evening crowd is an eclectic mix of Japanese bureaucrats and fintech entrepreneurs.

Dimly lit by glass chandeliers, the room held over 50 attendees gathered for the demo day of the Fintech Business Camp Tokyo, a startup accelerator by the Tokyo Metropolitan Government (TMG).