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PayMate Increases Series D to Accelerate Growth


PayMate, a B2B payments company in India, has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA).

Investors in this Series D round include: Recruit Strategic Partners (venture capital arm of Recruit Co. Ltd. Japan), Brand Capital, the existing investor Mayfair 101 and Visa.

This strategic investment by Visa in PayMate complements the successful partnership between the two companies …



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