Tag: Citi Ventures

PPRO Secures €85 Million Funding to Fuel Its Future Growth

PPRO, an FCA-regulated E-Money Institution, has successfully concluded a funding round, securing €85 million. This financial boost is set to propel the fintech's growth initiatives in crucial markets and expand its extensive network of local payment methods worldwide. With the latest funding, PPRO is set to enhance its partnerships and extend its market reach further, reinforcing its position in the rapidly evolving payments landscape.

Check this out – German PPRO Group gets $180M at $1B+ valuation

Germany has a new FinTech. FCA-regulated PPRO Financial is controlled by the German PPRO Holding GmbH and has affiliated companies in Europe, Asia, North and South America. Today, the company announced that it had received a total of $180 million in fresh money from investors based on a valuation of more than $1 billion. With this, PPRO joins the club of FinTech unicorns. However, in the past, PPRO has also attracted attention for supporting broker scams with its payment services.