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Announced

Completed

MUFG Innovation Partners completed the investment in Gotrade.

Synopsis

MUFG Innovation Partners, a strategic investments firm, completed the investment in Gotrade, a developer of a stock trading application. Financial terms were not disclosed. Gotrade plans to grow its team of 40 and launch localized versions of its product in various markets, starting with Southeast Asia. Through this investment, MUFG will support the expansion of the growing US equity trading market in Indonesia and Southeast Asia, and strategic partnerships with MUFG and its clients.

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