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Sumitomo Mitsui Financial Group, Inc. (SMFG)
After hours:
- Reuters SG
RPT-Japan's Opn raises $120 million, becomes rare unicorn
Digital payments processor Opn, formerly known as Synqa, said it had raised $120 million in a Series C+ funding round, becoming a rare unicorn, or startup worth more than $1 billion, in Japan. The startup raised funds from the venture capital arm of the government-backed Japan Investment Corporation, Mitsubishi UFJ Financial Group with trade ministry guarantees, and tech investor Mars Growth Capital. Opn, which has its registered headquarters in Tokyo and operational headquarters in Bangkok, said it will use the funds to expand its product line-up and push further into Southeast Asia as it rides the growth of digital payments in the region.
- Reuters SG
Japan's Opn raises $120 million, becomes rare unicorn
Digital payments processor Opn, formerly known as Synqa, said it had raised $120 million in a Series C+ funding round, becoming a rare unicorn, or startup worth more than $1 billion, in Japan. The startup raised funds from the venture capital arm of the government-backed Japan Investment Corporation, Mitsubishi UFJ Financial Group with trade ministry guarantees, and tech investor Mars Growth Capital. Opn, which has its registered headquarters in Tokyo and operational headquarters in Bangkok, said it will use the funds to expand its product line-up and push further into Southeast Asia as it rides the growth of digital payments in the region.
- Zacks
SMFG vs. HDB: Which Stock Should Value Investors Buy Now?
SMFG vs. HDB: Which Stock Is the Better Value Option?
