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Largest Bank in Japan Invests $700 Million in Grab

Largest Bank in Japan Invests $700 Million in Grab

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FintechNews Roundup
··1 min read

Mitsubishi UFJ Financial Group is investing over $700 million into the ride hailing company Grab; along with the investment the bank plans to market their financial products to Grab users; Grab is backed by SoftBank and has focused on building an app that offers much more than just rides; their app has been downloaded to 166 million devices; Grab is looking to raise additional funds as they continue to offer more services but has already raised $2.6 billion from SoftBank alone. Payments Source

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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