Asia-focused fintech startup Opn becomes Japan’s 5th unicorn after $120M funding


Source: thebridge.jp thebridge.jp

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Opn founders: CEO Jun Hasegawa on right, COO Ezra Don Harinsut on left Image credit: Opn Tokyo- and Bangkok-based fintech startup Opn (formerly Omise, formerly Synqa) announced on Monday that it has secured $120 million US in a Series C+ round. Reuters reported that this round made the company become Japan’s 5th unicorn. A unicorn refers to a startup with a value of over $1 billion. Investors in the latest round are JIC Venture Growth Investments, Mitsubishi UFJ Bank, and Mars Growth Capital (jointly operated by Mitsubishi UFJ Financial Group and Israel-based fintech company Liquidity Capital). The startup was founded...