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The company just raised a $12 million Series A funding round (€11 million) led by Index Ventures. The company facilitates payments, integrates with several ‘buy now, pay later’ financing options, and handles deliveries and refunds. Previous investors Tera Ventures, ffVC and Superangel also participated in today’s funding round.
We also want to enable European venture capital with European funds, European knowledge and European teams Cédric O. New financial incentive to create 10 to 20 large VC funds. Let’s start with late-stage funding. Our goal is to create 10 to 20 funds with more than €1 billion. More countries should join the list soon.
And with over 100 staff spread across Nigeria, France, and Latvia, the company hopes to build an engineering and marketing team in India. Last month, it hired the services of Rohan Khara to become its chief product officer (CPO) and facilitate the expansion. FairMoney is on a similar path, as well.
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