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Akulaku Follows Up $100M Round with $200M from Mitsubishi UFJ Financial Group

Akulaku, a fintech based in Jakarta, took in $200 million from Japan’s largest bank, Mitsubishi UFJ Financial Group. So reports TechCrunch.

The investment comes as part of a strategic partnership allowing the duo to “expand into new markets and products” in the new year. Akulaku, which offers an installment shopping platform, investment platform and virtual credit card, already raised $100 million from financial backers in 2022.  

Read the full article from TechCrunch.

 

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