Augmentum Fintech PLC (GB:AUGM) has released an update.
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Augmentum Fintech PLC is leading a USD7 million funding round with a USD4 million investment in Pemo, a UAE-based company providing expense management solutions for SMEs. With this investment, Pemo aims to innovate its products and expand into high-growth Middle Eastern markets, where corporate card usage is low. This strategic move aligns with Augmentum’s focus on supporting fintech ventures that drive economic growth in emerging regions.
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