Nexon has invested $400m in film and television studio Agbo while responsible credit card provider Petal raised $140m in an Encore Bank and Cuna Mutual-backed round.
Funding
Video game producer Nexon has paid $400m for a 38% stake in Agbo, the US-based film and television production studio formed by film directors Anthony and Joe Russo. Agbo has the option to raise a further $100m from Nexon, which will take board seats for chief strategy officer Nick van Dyk and Tim Connors, senior vice-president of operations and business and legal affairs.
Petal, the US-based provider a credit card that helps users spend responsibly and build their credit,…
