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Soldo, the leading European pay and spend automation fintech closes record $180m Series C funding round led by Temasek


Soldo, the leading European pay and spend automation fintech closes record $180m Series C funding round led by Temasek
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- The investment round is the largest to date in the spend management category
- The Series C funding will be used to accelerate international expansion and product development
LONDON, July 21, 2021 /PRNewswire/  Soldo, the leading European pay and spend automation platform, today announces that it has closed a $180m oversubscribed Series C funding round, a European record for the spend management category.
The fundraise was led by Temasek, a leading global investor headquartered in Singapore. ....

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Soldo Closes Record $180 Million Series C Funding Round


Soldo Closes Record $180 Million Series C Funding Round
July 21, 2021 @ 2:00 am By JD Alois
Solda has raised $180 million in a Series C funding round led by Singapore-based Temasek. The European pay and spend automation platform reports that the investment round is the largest in its category to date.
The funding round included new investors Sunley House Capital, Advent International’s crossover fund, and Citi Ventures. Existing investors also participated including Accel, Battery Ventures, Dawn Capital, and Silicon Valley Bank for debt financing.
Soldo says the funding followed a 4X growth in spend volume on its platform since its Series B round. The new capital will be used to accelerate product development and market expansion across Europe. Soldo closed a $61 million in Series B funding in July 2019. ....

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Soldo, führendes europäisches FinTech in Ausgaben- und Zahlungsautomatisierung, schließt die Rekord-Finanzierungsrunde der Serie C mit 180 Millionen US-Dollar unter der Leitung von Temasek ab

Soldo, führendes europäisches FinTech in Ausgaben- und Zahlungsautomatisierung, schließt die Rekord-Finanzierungsrunde der Serie C mit 180 Millionen US-Dollar unter der Leitung von Temasek ab
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