The investment sees Milaya Capital gain a 10% stake in the company at a valuation of EUR 16.5 million.
According to Bdaily, the investment will help Lanistar grow its operational and customer support teams and scale it towards its product launch. The company employs 45 full time staff and has plans to grow a 150-person support team in Greece. It has also recently announced partnerships with organisations such as Mastercard and Jumio.
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