Carsome’s financing arm, Carsome Capital, said it has secured a $36-million credit facility from MUFG, while Naver Financial has agreed to acquire Dunamu Inc., operator of South Korea’s largest cryptocurrency exchange.
Carsome Capital secures $36m credit line
Carsome Capital, the financing arm of Malaysia-based used car marketplace Carsome Group, has secured a 150 million ringgit (about $36 million) revolving working capital facility from MUFG Bank (Malaysia).
In a statement, Carsome said the credit line will support its unit’s lending growth and regional expansion plans. It also deepens ties between Carsome, MUFG, and Japan’s JACCS Co. Ltd, a consumer finance company in which MUFG is a major shareholder.
In April 2025, JACCS acquired a 49% stake in Carsome Capital, with the parent company retaining a 51% stake, giving the unit a mix of strategic and bank funding to scale its auto-financing business.
Carsome Capital managing director Nicholas Wong said the additional funding will be used to expand its range of financing products for car buyers and used-car dealers, and to further integrate with Carsome’s broader e-commerce platform.
Carsome earlier said its Q2 2025 earnings before interest, taxes, depreciation, and amortization (EBITDA) more than quadrupled year-on-year to over $5 million.
Naver agrees to acquire crypto exchange operator Dunamu
Naver Financial Corp, the fintech arm of South Korea’s Naver Corp, said it has agreed to acquire Dunamu Inc, operator of the country’s largest cryptocurrency exchange.
The share-swap deal, which will see Naver Financial issuing 2.54 shares for each Dunamu share, would make Dunamu a wholly owned subsidiary of Naver Financial. The share-swap ratio implies a deal value of about $10.3 billion, according to a Nasdaq report.
The decision was reached in order for Naver Financial to “secure new future growth engines based on digital assets,” Naver Financial said. Upbit is the country’s No. 1 and the world’s fourth-largest crypto exchange in terms of trading volume.
The companies are expected to seek shareholder approval before formally initiating integration procedures.
