Announced
Completed
Financials
Sources
Tags
corporate lending
Acquisition
digital lending
asset management platform
Private
FinTech
Minority
Friendly
India
Completed
fintech company
Single Bidder
Synopsis
Nexon, an online gaming platform, completed a $123m investment in DMI Finance, a financial services company. DMI, as of now, has plans to use the fresh funding to accelerate its balance sheet growth in the digital consumer and micro, small and medium enterprises finance businesses. "NXC sees this as an opportunity to have an impact on financial inclusion in India where a large part of the population is locked out of the formal credit markets," Nexon.
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