
SE Asia-focused Chinese fintech player gets $70m Series C
Akulaku, a Chinese consumer finance platform that primarily serves customers in Southeast Asia, has raised $70 million in a Series C round led by fintech company Finup Group. Sequoia Capital India, Blue Sky Venture Capital, and Qiming Venture Partners also took part.
Founded in 2016, Akulaku is one of the several Chinese fintech players to focus on overseas markets. The company’s main focus is Indonesia – it claims to be the largest online consumer finance provider...
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