Breaking News
PayBreak Limited Successful £24.5m Investment Funding
PayBreak Limited announces the conclusion of a fundraising round that has seen the company raise £24.5m of equity.
“This fundraising shows high confidence in our performance to date and expectations for the future,” stated Julia Throop, Managing Director.
The fundraising was well supported by its existing shareholders, and saw the entry of new investors. In the last financial year PayBreak grew exponentially and the funds raised will be used to accelerate the further growth and development of the company.
Joost Schuijff, Chairman comments “Consumer finance is a high growth market and our innovative finance products, resilient, highly scalable technology and operational expertise allow us to make considerable inroads into this market whilst upholding ethical, safe lending for our consumers.”
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United Gulf Financial Services (UGFS North Africa), a leading venture capital firm offering innovative companies and startups with financial support and mentoring services, has announced a partnership with The Hashgraph Association, a Swiss non-profit organization driving global adoption of Hedera-powered solutions by funding innovation, training, certification, and venture building programs, and Exponential Science Foundation, a not-for-profit foundation accelerating responsible tech adoption, via research, education, and innovation activities, for Hedera Africa Hackathon 2025, the biggest hackathon in Africa aimed at enabling the next generation of Web developers and empower economic inclusion in Africa with a digital future for all.
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