FINANCIAL AGENCY, Inc. announced that it expects to receive ¥184.905 million in funding from ZUU Co.,Ltd.
March 26, 2020
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FINANCIAL AGENCY, Inc. announced an equity round of funding for 61,635 shares at a price of ¥3,000 per share for the gross proceeds of ¥184,905,000 on March 27, 2020. The transaction will include participation from ZUU Co.,Ltd. (TSE:4387) for 10,000 shares for gross proceeds of ¥30,000,000 and equity stake of 0.24% in the company. The company will raise funding through third party allotment.
ZUU Co.,Ltd. is a Japan-based company mainly engaged in FinTech platform business, including media service business and FinTech support services business. The media service business is engaged in development and operation of multiple domain specific type of financial web media and smart phone media, as well as provision of advertisement publishing services to financial and real estate companies. The FinTech support service business is engaged in development and management of information dissemination sites for financial and real estate companies, as well as provision of consulting services in the digital marketing field.