Mitsubishi UFJ to invest $200m in Akulaku.

Mitsubishi UFJ, a Japanese megabank, agreed to invest $200m in Akulaku, a banking and digital finance platform in Southeast Asia. "Akulaku's emphasis on emerging markets has highlighted a vast, underserved audience in the banking industry. By partnering with MUFG, another innovative financial institution, we will have the knowledge, resources, and services to meet the long-term needs of our growing customer base. Both companies will benefit from shared skills and knowledge, which will enable us to expand both our products and geographical reach," Akulaku.