Fidelity International has provided more than $11m to the skills trading platform operator backed by Sumitomo Mitsui, Nippon Life and Voyage Group.
Japan-based online skills marketplace Coconala raised ¥1.2bn ($11.1m) from investment and financial services group Fidelity International on Wednesday.
Founded in 2012 as WelSelf, Coconala operates an online platform where users can commercialise their knowledge, skills and experience. The company counts more than 1 million users trading more than 3 million skills on its platform.
Unlike conventional crowdsourcing platforms, the marketplace functions as an e-commerce platform, listing individual skill sets as products, allowing potential buyers to view and purchase them.
The…
