The consumer and business finance provider was reportedly valued at more than $1bn in an equity investment by video game publisher Nexon.
Video game publisher Nexon has invested $123m in India-based financial services provider DMI Finance at a valuation of more than $1bn, the Economic Times reported on Friday, citing an unnamed source.
Founded in 2008, DMI operates a diversified financial services business that incorporates lending to consumers and businesses, in addition to housing finance and asset management.
The company’s partners include consumer electronics manufacturer Samsung, which like Nexon is headquartered in South Korea. It formed a digital lending platform called Samsung…
