Mitsubishi UFJ acquires 5% stake in Australian fintech firm Afterpay

Mitsubishi UFJ acquires 5% stake in Australian fintech firm Afterpay

Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank by assets, has bought a 5-per cent stake in Afterpay, an Australian fintech firm that offers buy-now-pay-later scheme, according to a disclosure.

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