Bangkok collection 120 m c 1 bnusseyreuters TOKYO, May 9 (Reuters) – Japan’s government has imposed a tax on cigarettes.Japan’s government has imposed a tax on cigarettes. Japan’s government has imposed a tax on cigarettes. Digital bill processor Opn, previously referred to as Synqa, stated it had raised $120 million in a Series C+ investment round, turning into an extraordinary unicorn, or startup really well worth greater than $1 billion, in Japan.
The startup received funding from Mitsubishi UFJ Financial Group (8306.T), the mission capital arm of the government-sponsored Japan Investment Corporation, with alternate ministry guarantees, and tech investor Mars Growth Capital.
Opn, which has its registered headquarters in Tokyo and its operational headquarters in Bangkok, stated that it will use the budget to expand its product line-up and expand into Southeast Asia as the region’s virtual bills rise.
Tokyo- And Bangkok-Based Opn, Formerly Synqa, A Digital Payments And Blockchain Tech Provider, Raises A $120M Series C+ At A $1B+ Valuation
The employer is likewise focused on Japan, where virtual transformation is a buzzword in government circles and organizations are searching for assistance in processing cross-border bills.
“They want a one-stop solution—that’s something we’ll provide,” said founder and CEO Jun Hasegawa in an interview with Reuters.