PayU to reportedly invest up to $150 million in Capital Float
20 Feb 2019 6:08 PM IST
CapFloat Financial Services, the company that owns the fintech startup Capital Float is set to receive a funding to the extent of $100 to $150 million and the funds could come from global payments major, Netherlands based PayU. Reports suggest the talks are at an advanced stage and may be concluded soon. Capital Float has plans to expand its lending business and the funds could be deployed in that as and when the invest materialises.
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