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PPRO raises USD 50 million

Singapore: PPRO, a local payments platform-as-a-service with operations in Singapore, has closed a USD 50 million financing round from Sprints Capital (lead), Citi Ventures and HPE Growth.

PPRO provides partners with the ability to accept locally preferred payment methods like e-wallets, bank transfers, cash, and local cards in more than 175 markets across the globe.

The company aims to remove the complexity of domestic and cross-border payments for top-tier financial institutions, payment service providers, and their merchants.

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