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Synopsis
Quavo, a fintech company that provides an end-to-end, automated software and services platform for financial institutions, completed a $300m investment in Spectrum Equity Investors, an investment firm. “We are thrilled to be partnering with Spectrum Equity on the next chapter of growth at Quavo. With this new investment, we intend to accelerate our AI-led product development initiatives and expand our go-to-market and client success teams to meet growing market demand and drive exceptional client outcomes. Our vision to restore financial trust and simplify fraud and disputes is unwavering, and this partnership allows us to achieve these goals faster and at even greater scale,” Joseph McLean, Quavo Co-Founder and CEO.
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