Isetan Mitsukoshi and a host of banks contributed to the finance management software provider's latest round, taking its overall funding to nearly $48m.

Japan-based finance management technology producer Money Forward has raised $11m in a series D round that featured strategic investments from a raft of financial services firms, Tech in Asia reported today.

Toho Bank, North Pacific Bank, Gunma Bank, Fukui Bank and Shiga Bank were among the investors, as was Mizuho Capital, the venture capital arm of Mizuho Bank.

Retail group Isetan Mitsukoshi Holdings and VC firm Fenox Venture Capital also took part in the round, which Money Forward chief financial…