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Three Japanese megabanks are doubling down on their emphasis on Vietnam’s finance and banking sector to experience rapid economic growth and leverage their investment portfolios across wider Southeast Asia.
Kredivo Holdings, a Southeast Asian fintech provider of credit services, has secured an oversubscribed Series D of $270 million led by Japan’s Mizuho Bank.
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, has announced it has raised $270 million in equity financing in a significantly oversubscribed round in its Series D funding phase.
VTV.vn - Oversubscribed round includes US$125m investment from Mizuho Financial Group and strong support from existing Kredivo investors.
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, today announced that it has raised ~US$270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close. This round was led by Japanese global bank Mizuho Bank, Ltd., a subsidiary of Mizuho Financial Group, Inc.