Tech Company Financing Transactions
Akulaku Funding Round
Mitsubishi UFJ Financial Group joined a $200 million funding round for Akulaku. The round closed on 12/14/2022.
Transaction Overview
Company Name
Announced On
12/14/2022
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Mitsubishi UFJ Financial Group (Lead Investor)
Proceeds Purpose
The MUFJ investment is likely to boost Akulaku's valuation to US$1.5 billion. While talks are ongoing, the funding deal could still fall apart.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Sahid Sudirman Center 18th Floor, Unit A-H, Jl. Jend. Sudirm
Jakarta, 10250
ID
Jakarta, 10250
ID
Phone
Website
Email Address
Overview
Akulaku is a leading banking and digital finance platform in Southeast Asia, with a presence in Indonesia, the Philippines, and Malaysia. Akulaku exists to help meet the daily financial needs of underserved customers in emerging markets through digital banking, digital financing, digital investment, and insurance brokerage services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Tjokrosano
Co-Founder
William Li
President
Efrinal Sinaga
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Next: 12/14/2022: Ampcera venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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