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Synopsis
Summit Partners, a growth-focused investor, led a $125m investment in Celcoin, a company in the Banking as a Service financial technology market. “Celcoin's technology allows banks, fintechs and non-financial companies to introduce their own financial products and embed financial services directly into their ecosystems. We see this as the future of the financial sector, and we are excited to be part of this transformation. With this funding, we plan to accelerate our investments in technology and innovation as well as evaluate both organic and M&A-driven growth opportunities," Marcelo França, Celcoin CEO.
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