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Mswipe in talks to raise up to $40 million

Mswipe in talks to raise up to $40 million

Sunday, April 9, 2017, 10:18 PM

Mobile payments services provider Mswipe Technologies Pvt. Ltd has initiated talks to raise as much as $40 million (around Rs250 crore) in a new round of funding, two people aware of the development said. The firm which provides merchants with mobile point of sale (PoS) terminals to enable digital transactions, has appointed investment bank Avendus Capital to help it raise funds.
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