Research from e27, e27

e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Research from e27

Private Capital Markets

<ul><li>Indonesia-based banking and digital finance platform Akulaku has secured a US$200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).</li><li>The investment will support its expansion of banking services across Southeast Asia, including underserved customers and markets.</li><li>The company’s future growth plans align with MUFG’s, and their joint expansion into new territories, markets, and products will accelerate heading into 2023.</li></ul>

Indonesia-based banking and digital finance platform Akulaku has secured a US$200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).The investment will support its expansion of banking services across Southeast Asia, including underserved customers and markets.The company’s future growth plans align with MUFG’s, and their joint expansion into new territories, markets, and products will accelerate heading into 2023.

Mitsubishi UFJ Financial (MUFG) ADR (MUFG US)

Mitsubishi arm injects US$200M investment into digital finance platform Akulaku