True Balance, a digital wallet and financial services platform, has received a new tranche of $23 million funding from a consortium of investors including Japan-based global messenger Line Ventures Corporation, Korean search engine Naver, Korean bank Shinhan Bank along with TS Investment and other partners. The company said in its statement that it will use the fresh infusion of capital towards talent acquisition and expanding its financial services. Including the latest tranche, the company has raised $42 million in funding so far. Previous rounds of funding saw participation from investors such as Soft Bank Ventures, Bon Angels, Mega InvestmentIMM Investment, Korea Development Bank and other partners. Before this round, the company received funds in two rounds from SoftBank Ventures in the past: $15 million in February 2017 along with other investors, and an undisclosed amount in March 2016. True Balance is…
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