Indonesian fintech Akulaku may raise $200m from Japan's MUFG

Indonesian fintech Akulaku may raise $200m from Japan's MUFG

The Akulaku logo is split between two screens. Photo: DealStreetAsia

Mitsubishi UFJ Financial Group Inc is in talks with Indonesia-based fintech startup Akulaku to invest around $200 million, as part of the Japanese company’s efforts to expand its presence in the country, DealStreetAsia has learned.