Dai-ichi Life, Marui Group, Ricoh Leasing and GMO chipped into the third tranche of a $68.6m round for the microfinance provider.

Japan-based financial inclusion service Gojo & Company closed a ¥7.07bn ($68.6m) series D round yesterday having added approximately $26m from investors including corporates Dai-ichi Life, Marui Group, Ricoh Leasing and GMO.

The latest tranche included insurer Dai-ichi Life, retailer Marui, leasing services provider Ricoh and GMO VenturePartners, the investment arm of internet company GMO, as well as Tokyo University of Science Innovation Capital and Beyond Next Ventures.

Gojo offers microfinancing products geared to underserved communities in multiple South and Southeast…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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