Strategic Partnership · Wealthtech · 2022

Akulaku raises $200M strategic investment from MUFG

Akulaku announced Strategic investment with Mitsubishi UFJ Financial Group (MUFG) on December 26, 2022.

Primary
Akulaku
Counterparty
Mitsubishi UFJ Financial Group (MUFG)
Amount
$200M
Structure
Strategic investment
Date
December 26, 2022
Sub-sector
Wealthtech

MUFG invests in Akulaku to expand fintech offerings and distribution across Southeast Asia, targeting underserved customers in key growth market.

Primary company
Akulaku
Amount
$200M
Event date
December 26, 2022
Sub-sector
Wealthtech
HQ
Structure
Strategic investment
Source published
December 27, 2022
Publisher
TechCrunch

Source: techcrunch.com