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Singapore-based fintech startup Spenmo raises $85.35 million in a Series B round

Spenmo, a one-stop solution for businesses to manage payments, raised $85.35 million in a Series B round. Led by Tiger Global, the round also witnessed the participation of Insight Partners, Rocket Internet, SalesForce Ventures, and many more. The deal also witnessed multiple secondary transactions, giving significant returns to founders and employees.

This article has been summarised for quick read. The original article can be read on Deal Street Asia.