Akulaku raises $100m in debt financing from HSBC, says CEO

Akulaku raises $100m in debt financing from HSBC, says CEO

Photo: Akulaku

Southeast Asian fintech company Akulaku has raised $100 million in debt financing from London-based HSBC, Reuters reported on Friday. The Alibaba-backed firm will use the funds to settle some of its outstanding debts, said CEO William Li to Reuters.

Edited by: Pramod Mathew