Tag "MUFG"

Japan’s MUFG Bank to Invest US$300 Million in Middle- To Late-Stage Indian Startups
Funding India

Japan’s MUFG Bank to Invest US$300 Million in Middle- To Late-Stage Indian Startups

MUFG Bank announced that it plans to invest US$300 million in middle- to late-stage Indian startups through the new MUFG Ganesha Fund. In the future, MUFG said that it will aim to leverage its group strengths to provide a wide

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Singaporean AI for Banks Silot Closes SG$10.85 Mil With SBI Investment
AI

Singaporean AI for Banks Silot Closes SG$10.85 Mil With SBI Investment

Silot, an AI platform for intelligent financial decisions, recently completed its Series A Round with US$8 million (SG$10.85 million) with SBI Investment being the lead investor, followed by Sumitomo Corporation, MUFG’s subsidiary Krungsri Finnovate, and the previous investor Arbor Ventures.

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Proof-of-Concept on ASEAN’s first industry Know Your Customer Blockchain Bank Project
Various

Proof-of-Concept on ASEAN’s first industry Know Your Customer Blockchain Bank Project

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with the Infocomm Media Development Authority (IMDA), has become the first consortium in South East Asia to successfully complete a proof-of-concept for a Know Your Customer (KYC) blockchain. This development

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