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That’s also why they turn to Agicap to centralize cash-relevant details and forecast potential cash positions. The Lyon-centered startup just elevated a Series C funding round of €45 million (all over $forty eight million at current exchange charges) from a single Trader, AVP, the VC firm previously called Axa Enterprise Associates.
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At some time, the company reached a valuation of €415 million (or about $450 million at existing exchange prices). The worth from the enterprise has due to the fact inflated “considerably”, for each Agicap, even though it isn’t disclosing by simply how much.
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Agicap’s relative success will come right down to a slim center on treasury management computer software — it isn’t wanting to do every little thing at the same time like most fintech startups.
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