Japanese fintech startup Folio raises $16m Series A from Jafco, Mitsui

Tokyo-based fintech startup Folio recently announced that it has received a fresh $16 million series A from JAFCO, Monex Ventures, Mitsui Sumitomo Insurance Venture Capital, and Rakuten Fintech Fund. Existing backers DCM Ventures and Draper Nexus also participated in the round, the company said in a press statement.

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