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SBI Holdings, a Japanese company, has invested in a Singapore-based microlender AND. Nikkei Asian Review/Global Photo

Tsubasa Suruga (Tsubasa Suruga)
7th of July, 2021

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SBI Holdings, a Japanese financial conglomerate, has invested in AND Global, a Singapore-based fintech business that distributes microloans in Mongolia using a smartphone app.

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AND SBI Holdings International

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SBI Holdings and Towa Bank of Japan have agreed to form a joint partnership and take modest holdings in each other.

Towa Bank will receive technology and financial services from SBI.

SBI Holdings of Japan will establish a unit to invest in local firms.

SBI Holdings also wants to build a nationwide banking force by partnering with small banks outside of major cities.

VC (Venture Capital) is a
SBI Holdings and Kejora Capital have teamed up to form a $30 million early-stage fund.

The fund, known as SBI Kejora Orbit Fund I, is slated to close for the first time on June 30.

Minnesota Private Equity SBI contributes $300 million to Blackstone’s second Asia private equity fund.

The target size for BCP Asia II is $6 billion.

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Reporter/s from Singapore

We want to quadruple our reporting crew in Singapore by the end of the year to keep up with the fast-paced world of funded startups and VC, PE, and M&A deals. We’re looking for reporters who can explain to our readers what’s really going on in these industries and why it matters to markets, businesses, and consumers. These jobs necessitate the ability to write correctly and quickly. Candidates should be able to operate in a team-oriented, dynamic, and fast-paced atmosphere. We want our new hires to be tech-savvy and willing to try out new storytelling techniques. Above all, we’re searching for hard-hitting reporters who can work effectively with others. Collegiality and collaboration are essential. You can apply for the following positions (only in Singapore). You can apply for the following positions (only in Singapore). A reporter tasked with following companies and startups that have raised private funding and have the potential to become unicorns. Above 40 companies in Southeast Asia have a market capitalization of over $100 million but less than $1 billion. A reporter who can go behind the scenes and reveal how funding rounds are put together, as well as why they haven’t materialized. She or he will mostly work on long-format pieces in this position. A journalist to follow special situations funds, distressed debt, and private credit (from a private equity perspective) throughout Asia. APPLY RIGHT NOW/nRead More