Jack Dorsey’s Block joins $41M funding for Japanese fintech Kyash
This latest raise brings Kyash's valuation to approximately $107.7 million. Kyash, a Tokyo-based digital wallet, announced a $41.2 million, or 4.9 billion yen, raise in a Series D round. Since launching in 2015, the cashless mobile app and corresponding credit card have grown its total funding to an estimated $108 million, or 12.8 billion yen. Both global investors and Japanese banks joined the round, including Japan Post Investment Corporation, Jack Dorsey's Block, which was formerly known as Square, as well as Altos Ventures Goodwater Capital and StepStone Group in the United States.....
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A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific region, according to the announcement.
Fintech Firm Kyash Gets a Capital Raise Boost From the Block
According to a report by Nikkei, the financial technology (fintech) company Kyash has raised $41.2 million in a Series D financing round. Kyash was founded in 2015 and is a fintech platform....
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