Announced
Completed
Financials
Tags
FinTech
Completed
Single Bidder
Acquisition
Friendly
South Korea
fintech platform
financial technology
Cross Border
Minority
Private
Synopsis
SoftBank Group completed a $146m investment in Qraft Technologies, an AI enabled fintech company. The proposed transaction is expected to accelerate Qraft’s ongoing expansions into the US and China, while the two parties will also embark upon strategic projects that aim to pursue the possibilities of developing AI-enabled public portfolio management systems for SoftBank.
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