Flip raises $55 million, led by Tencent

Indonesian fintech startup Flip recently announced the completion of a $55 million financing… It is understood that this financing is the company’s second financing in the B round of financing, led by Tencent, Block, Inc. (formerly Square , Inc.), Insight Partners, and some of the company’s executives — including Checkout.com founder and CEO Guillaume Pousaz (via Zinal Growth), Gokul Rajaram, Michael Vaughan, and more… Flip’s Series B round was raised last year Closed in December, the round was co-led by Insight Partners and Insignia Ventures Partners.
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Sohu Sohu Dongdian Technology
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