Japan microlending startup taps mutual funds in sign of funding shift

Near-unicorn Gojo's fundraising shows alternative to IPOs for long-term capital

20241024N Gojoh

Gojo provides small loans to farmers and other borrowers in emerging economies. (Gojo & Co.)

MINAKO YAMASHITA, Nikkei staff writer

TOKYO -- A Japanese microlending company and potential unicorn has raised capital from three asset management firms, a possible sign that looser restrictions on their investment in unlisted shares could help startups access long-term funding.

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