Thursday, May 31, 2018
PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs – TechCrunch
Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government with over $200 billion in assets. Both will take
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