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January 19, 2022
Finance Technologies

Singapore’s iSTOX lands $50m from heavyweight Japanese backers

iSTOX, a Singapore-based fintech opening up private capital opportunities to a wider pool of investors, has bagged a $50 million Series A. Oi Yee Choo, iSTOX’s chief commercial officer (CCO) The round attracted a number of new Japanese backers. One was the government-owned Development Bank of Japan (DBJ). Another was JIC Venture Growth Investments, the venture capital arm of state-backed investment fund Japan Investment Corporation. Japan’s Juroku Bank also joined the round. Alongside Mobile Internet Capital (MIC), a Japanese venture capital firm. Existing investors Singapore Exchange (SGX), Tokai Tokyo, and South Korean conglomerate Hanwha all joined the round too. Democratising…
Singapore’s iSTOX lands m from heavyweight Japanese backers

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