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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

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Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part. The Berlin-based firm said it plans to use the money to speed up its expansion and “deepen its footprint” in the 50 countries where it currently operates, with a special focus on the United States, Japan and Brazil.

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Groupon Gets New Activist Investor

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Merage and his company, MIG Capital , based in Newport Beach, California, disclosed the 5 percent stake in the eCommerce company, the reason for which was that the stock was “undervalued, and represented an attractive investment opportunity,” he said. He is also seeking a seat on Groupon’s board. Groupon shares closed at $2.375 on Monday, 1.3

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PayPal Reorgs In Asia, Closes Malaysia Office

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The office, which was located in the country’s capital city of Kuala Lumpur, catered to users of the service all across Asia. We have made the difficult decision to close PayPal’s Operations Centre in Malaysia by the end of this year,” the company said in a statement. “We

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Mobile Payment Platform ShopKeep Closes $65 Million In Funding

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Tribeca Venture Partners , which led the company’s Series A round in 2011, led the financing. The debt financing piece of the round was provided by ORIX Growth Capital and Square 1 Bank, which is a division of Pacific Western Bank.

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Equifax Names New Executive For USIS Unit

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In a press release , Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

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Equifax Names Warburg Pincus Executive Its New CEO

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In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

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TransferWise Seeks To Raise Up To $300M

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TransferWise was started in 2011 by two Estonians: Taavet Hinrikus and Kristo Kaarmann. Investors in that round included Old Mutual Global Investors and IVP, a venture capital firm. TransferWise showed an operating profit of 9.5 Goldman Sachs Group is reportedly handling the fundraising round.

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