When was Sumitomo Mitsui Financial Group founded?

Sumitomo Mitsui Financial Group was founded in 2002 and raised its 1st funding round 16 years after it was founded.

Where is Sumitomo Mitsui Financial Group located?

Sumitomo Mitsui Financial Group is headquartered in Chiyoda-ku, Japan.

Who is the current CEO of Sumitomo Mitsui Financial Group?

Toru Nakashima of Sumitomo Mitsui Financial Group.

How many employees does Sumitomo Mitsui Financial Group have?

As of Mar 31, 2026, the latest employee count at Sumitomo Mitsui Financial Group is 14982.

Is Sumitomo Mitsui Financial Group a funded company?

Sumitomo Mitsui Financial Group is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Aug 03, 2018.

When was the latest funding round of Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group's latest funding was a $***** Post IPO round on Jul 25, 2024, with participation from 0 investor.

Where does Sumitomo Mitsui Financial Group rank among its competitors?

Sumitomo Mitsui Financial Group ranks 6th amongst 149 active competitors, only 1 of which is funded. Bank of America, which secured $34.9M in Apr, 2025.

Who are the top competitors of Sumitomo Mitsui Financial Group?

Sumitomo Mitsui Financial Group's top competitors include Bank of America, Scotiabank and MUFG. Among them, Bank of America secured the most recent funding round in April, 2025.

Sumitomo Mitsui Financial Group - 2026 Company Profile, Team, Funding & Competitors

Company Details

Sumitomo Mitsui Financial Group is a commercial bank. It provides services like personal banking, corporate banking, investment banking, investment management, credit card services, wealth management, mortgages services & more. In 2022, the company recorded annual revenues of $11.75B and a net profit of $1.31B.

Website: www.smfg.co.jp
Social
Phone Number: +81 **********

Key Metrics

Founded Year

2002

Location

Chiyoda-ku, Japan

Stage

Public

Latest Funding Round

Post IPO, Jul 25, 2024, $*****

Ranked

6^th among 149 active competitors

Employee Count

14,982 as on Mar 31, 2026

Investment & Acquisitions

Asuene & 17 more

Similar Companies

BMO & 18214 more

Exit Details

Public

View Sumitomo Mitsui Financial Group's full profile

Sumitomo Mitsui Financial Group is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SUMITOMO MITSUI FINANCIAL GROUP, INC. CIN: 1022837 , United States, Active		$1 - $1M (As on Jul 26, 2023)	-	-

Sumitomo Mitsui Financial Group got listed on Dec 01, 2002.

Click here to take a look at Sumitomo Mitsui Financial Group's IPO in detail

Sumitomo Mitsui Financial Group has raised funding over 8 rounds. Its first funding round was on Aug 03, 2018.

Here is the list of recent funding rounds of Sumitomo Mitsui Financial Group:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 25, 2024	1437765	Post IPO	8625988	4523363	2156629	8372834
Jul 26, 2023	4683154	Post IPO	3081851	6644735	3748474	7377626
Jul 27, 2021	3075179	Post IPO	9511323	6502041	4273845	9099258

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View details of Sumitomo Mitsui Financial Group's funding rounds and investors

Sumitomo Mitsui Financial Group's employee count trend

Sumitomo Mitsui Financial Group has 14,982 employees as of Mar 26. Here is Sumitomo Mitsui Financial Group's employee count trend over the years:

Employee count trend for Sumitomo Mitsui Financial Group

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Top competitors of Sumitomo Mitsui Financial Group include Bank of America, Scotiabank and MUFG. Here is the list of Top 10 competitors of Sumitomo Mitsui Financial Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
3rd	MUFG 2001, Chiyoda City (Japan), Public	Provider of full banking services	-	Treasury	65/100
4th	UniCredit 1998, Milan (Italy), Public	Commercial bank	-	Capital Group, B Capital Fund & 3 others	65/100
5th	Mizuho Bank 2013, Chiyoda City (Japan), Unfunded	Commercial bank	-	-	64/100
6th	Sumitomo Mitsui Financial Group 2002, Chiyoda-ku (Japan), Public	Commercial bank	-	-	60/100
7th	Sumitomo Mitsui Trust Bank 1925, Chiyoda City (Japan), Unfunded	Commercial bank	-	-	58/100
8th	Aozora Bank 1957, Tokyo (Japan), Public	Commercial bank	-	SoftBank Capital, Winnick & Company	54/100
9th	Chiba Bank 1943, Chiba (Japan), Public	Commercial bank	-	-	52/100
10th	Joyo Bank 1935, Mito (Japan), Public	Commercial bank	-	-	50/100

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Sumitomo Mitsui Financial Group has made 13 investments in companies including Asuene and Kamereo. Sumitomo Mitsui Financial Group has also acquired 5 companies including Fullerton India and TT International.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 27, 2025	Investments	Asuene	2019	Tokyo (Japan)
Nov 13, 2024	Investments	Kamereo	2018	Ho Chi Minh City (Vietnam)
Sep 04, 2024	Investments	Sakana	2023	Tokyo (Japan)

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Media has covered Sumitomo Mitsui Financial Group for a total of 50 events in the last 1 year, 28 of them have been about company updates and 5 about partnerships.