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Fintech firm Circle to go public in US$4 5 billion blank-check deal
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Fintech Circle to merge with Bob Diamond-backed SPAC in $4 5 bln deal
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Fintech firm Circle to go public in $4 5 billion blank-check deal
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Saritha Rai, Bloomberg News Lights illuminate USB cables inside a mining rig computer, used to mine cryptocurrency, in Budapest, Hungary, on Wednesday, Jan. 31, 2018. Cryptocurrencies are not living up to their comparisons with gold as a store of value, tumbling Monday as an equities sell-off in Asia extended the biggest rout in global stocks in two years. Photographer: Akos Stiller/Bloomberg , Bloomberg
(Bloomberg) Pine Labs Pvt, a payments platform for merchants in India and Southeast Asia, closed a $600 million fundraising round with some of the worldâs largest investors including Fidelity Management & Research Co. and BlackRock Inc. as it targets a public offering within 18 months.The Singapore-based startup, which offers solutions for in-store and online payments as well as prepaid, loyalty and âpay laterâ programs, is valued at $3 billion, Chief Executive Officer Amrish Rau said. Investors participating i
Pine Labs gets funding at $3.5-billion valuation ahead of US IPO
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Fintech startup Pine Labs has raised $315 million from Fidelity and BlackRock, among others, to close its latest funding round at $600 million. The company is eyeing a US IPO in the next 18 months, CEO Amrish Rau says.
Amrish Rau, co-founder and chief executive oficer, Pine Labs.
Mumbai: Payments and merchant commerce startup Pine Labs has raised $315 million from a slew of new investors such as Fidelity Management, as well as funds managed by BlackRock, Ishana, Tree Line, and Neuberger Berman Investment Advisers.
The fintech company announced in June that