UK fintech group SPG, which owns Shieldpay and Paycast, has raised $34m (£25m) in a Series A funding round. The investment was led by Marqeta and Mastercard along with participation from CreditEase, Elliott Management, and Techstars.

The company says it processed more than payments totalling $3bn for its clients and has witnessed a surge in business during the pandemic. London-headquartered SPG was founded in 2016 and aims to help unknown people transact securely.

Fintech Group Spg Raises £25M To Grow Payments Businesses

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Fintech Group Spg Raises £25M To Grow Payments Businesses

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