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Announced

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Nexon completed a $123m investment in DMI Finance.

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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