Future Tech

Akulaku confirms US$200 mil investment from MUFG

Tan KW
Publish date: Tue, 27 Dec 2022, 11:44 PM
Tan KW
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Future Tech

Akulaku, a Southeast Asian banking and digital finance firm, will work with MUFG companies across Southeast Asia on technology, product development, financing, and distribution, it said in a statement on late Monday.

MUFG is the second strategic investment of Akulaku this year after US$100 million from Thailand's Siam Commercial Bank.

Morgan Stanley is Akulaku's financial adviser for this transaction.

 


  - Bloomberg

 

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