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Adlevo Capital leads $13mln Series B Round for Paga

Adlevo Capital has led a $13 million Series B investment in Nigerian mobile payment firm Paga. Other investors in the round included Omidyar Network, Goodwell West Africa, Acumen Fund and Capricorn Investment Group. The capital will be used to support the development of the firm’s agent network. Additional terms of the deal were not disclosed.

Read more at Techmoran…

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