Malaysia-based financial technology start-up Jirnexu has received an $11 million Series B funding round led by Japan’s SBI Group.
Additional participation came from US-based SIG Asia Investments. It follows a $3 million Series A round in 2016 provided by DMP, Celebes Capital, NTT Docomo Ventures, Tuas Capital Partners, and PropertyGuru...
The Asian Development Bank (ADB) has agreed to invest $25 million in Exacta Asia Investment II (Exacta II), a Southeast Asia-focused vehicle launched last year by Japan’s Mizuho Bank.
Bcause, a US-based cryptocurrency services company backed by SBI Holdings has received a commitment of undisclosed size from China Health Checkmate (CHC) to support an Asian expansion.
Wukongbao, a Beijing-based online insurance broker, has raised millions of US dollars in a Series B round led by Chinese classifieds platform 58.com, with participation from Guohua Life Insurance.