The largest this week:
🇮🇩 Akulaku, a challenger bank and digital consumer lender, has raised $200M from Mitsubish UFJ Finanicial Group (MUFG), a Japanese bank holding and financial services company, looking to boost its customer base in the Southeast Asian region.
🇸🇦 Manafa Capital raised a $28M Series A led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco. Manafa provides debt and equity financing to SMEs based on a crowdfunding model.
Other notable fintech deals from around the globe:
🇮🇳 Eduvanz raised $12.6M in its extended Series B round led by Rethink Education Ventures, with participation by existing investors Sequoia Capital, Juvo Ventures, and Unitus Ventures.
Discover more on education financing.
🇮🇩 Insurtech Qoala raised a $5.4M series B extension a a $325M valuation.
Qoala distributes retail insurance products to consumers for bike, car, home and health through its omni-channel platform in Indonesia, Malaysia, Vietnam, and Thailand.
Read up on all the latest fintech deals in Dealroom.co
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