Amount Raised
$200 Million
Round Type
Venture
JakartaFinancial ServicesFinanceFintechLendingBankingDescription
Akulaku ("the Company"), a leading banking and digital finance platform in Southeast Asia, today announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku's projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved customers and markets. The Company's future growth plans align with MUFG's, and the companies' joint expansion into new territories, markets, and products will accelerate heading into 2023. This is the second strategic investment in the Company this year, following the US$100 million in funding closed from Siam Commercial Bank ("SCB"), Thailand's leading full-service bank, in the beginning of 2022.
Quick answer
Akulaku raised $200 Million in a funding round, dated December 26, 2022. Akulaku is based in Jakarta, DKI Jakarta, Indonesia.
- How much did Akulaku raise?
- Akulaku raised $200 Million in a funding round on December 26, 2022.
- What does Akulaku do?
- Akulaku is a leading banking and digital finance platform in Southeast Asia, with a presence in Indonesia, the Philippines, and Malaysia.
- Where is Akulaku based and how big is it?
- Akulaku is based in Jakarta, DKI Jakarta, Indonesia.
- Who are the decision-makers at Akulaku?
- Fundz holds 1 contact at Akulaku. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Akulaku that raised within 45 days of this round, from Fundz verified event records.
- Ensysce Biosciences raised $2.8M (Seed) on February 2, 2023.
- NewtekOne raised $50M (Funding Round) on January 24, 2023.
- Recognise Bank raised $30M (Funding Round) on December 23, 2022.
- Bank of London raised an undisclosed amount (Series C) on February 9, 2023.
- Salad Money raised $48M (Funding Round) on February 6, 2023.
- Flatfee raised $900K (Seed) on February 3, 2023.
Who to call at Akulaku, and when
A new round usually means Akulaku is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Akulaku raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Akulaku, from your own LinkedIn network
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Related People
Akulaku raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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