Series B first close of ¥1.58 billion, including landmark bank lending for Africa

HAKKI raised a total of ¥1.58 billion with SBI Group as lead investor.

Of that amount, ¥1.0 billion came from commercial banks and non-bank lenders. This included what is believed to be the first case in which a Japanese commercial bank provided financing to a Japanese startup specifically for on-lending to third parties in Africa.

Commercial bank lending:

· A megabank (name undisclosed)

· Hokkoku Bank (Hokkoku Financial Holdings)

Details: PR TIMES