FinTech startup Banking Circle seeks to raise approximately $500 million in a forthcoming funding round.
In brief:
The potential new funding would push the company’s valuation to $5.9bn.
Banking Circle has collaborated with SIA, a CDP Equity subsidiary, to handle its real-time payments service in Europe.
Banking Circle has partnered with Paymaster24.
Read more here.
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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