MUFG innovation partners completes investment in ChargeAfter, Inc.
June 9, 2020 –MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and a wholly-owned subsidiary of MUFG, the leading global financial group of Japan, recently invested in ChargeAfter, Inc., a US-headquartered startup with development center in Tel Aviv. ChargeAfter provides leading eCommerce and Omni-channel retailers a Point of Sale Financing technology platform financing options from multiple lenders in a single application. By matching offers from multiple lenders in real-time, ChargeAfter increases the approval rate of financing and also enables more personalized offers to the customer. For the merchant, this model leads to an increase in sales and order value.
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 3,000 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english