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Cashfree invests $15 Mn in UAE-based payments startup Telr

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Content Team
Image Credit: gulfnews

Payments and API (Application Program Interface) banking solutions company Cashfree Payments made an equity investment of $15 Mn in Telr, a payment service provider that operates in the United Arab Emirates (UAE) and Saudi Arabia. According to Cashfree, this investment makes them one of the largest shareholders in the country.