MatchMove gets USD 100 mln in funding

MatchMove will be valued at USD 600 million following the deal and Nityo, which operates in 38 countries, will become its largest shareholder, the joint statement said. MatchMove helps companies embed digital financial services into their existing platforms or apps.

It has regulatory approval to operate in six countries including India, Indonesia, and Malaysia. Its other investors include Singapore-listed Singapura Finance and Japan’s NTT Investment Partners.

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