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Red Hot Singapore
May 23, 2022

Fintech firm MatchMove acquires e-commerce player Shopmatic in $276m deal

SINGAPORE - Singapore-based fintech start-up MatchMove has acquired home-grown e-commerce firm Shopmatic in a US$200 million (S$276 million) deal. MatchMove, which helps companies embed services such as digital payments, remittance and loans into their platforms or mobile apps, will own 100 per cent of Shopmatic under the stock-swap deal. It…
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