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Fintech

Indonesia's Akulaku secures $200m funding from MUFG for SEA expansion

Fintech firm Akulaku, based in Jakarta, Indonesia has received $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, as part of a strategic investment. The startup, which operates in Indonesia, the Philippines, and Malaysia, offers a virtual credit card, an instalment shopping platform, an investment platform,

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
Updated
Indonesia's Akulaku secures $200m funding from MUFG for SEA expansion
Photo by Austin Distel / Unsplash

Fintech firm Akulaku, based in Jakarta, Indonesia has received $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, as part of a strategic investment.

The startup, which operates in Indonesia, the Philippines, and Malaysia, offers a virtual credit card, an instalment shopping platform, an investment platform, and a neobank.

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
Updated

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