Ursula Florene

The funds will be used to support the state-owned enterprise’s digital transformation by investing in startups.

The programs include laying the foundation for new 5G networks.

The funds are for developing accessible and financial services in order to boost financial inclusion in the region.

The two companies share Mitsubishi and Visa as investors.

The country now has six unicorn companies, where three of them are in the e-commerce sector.

The newly formed partnership aims at offering new financial services through apps.

The fresh cash will be utilized for international expansion and product development.

The company offers services such as transaction processing, digital bookkeeping, sales analysis, and inventory management.