Mubadala's Asset Management Arm Leads $100M Equity Funding Round In Swedish Fintech Juni

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Part of the reason that the latest funding has materialized so quickly is because Juni has had very strong take-up its three short months of life: Samir El-Sabini, Juni’s co-founder and CEO, told TechCrunch that startup has signed up 300 businesses from a waitlist of 3,000, representing customer growth of around 500% month-on-month. Cashflow comes into play also with the payment cards that Juni provides as part of its service, he added. ” Case in point: the press release I was sent for the story last week noted that Juni had 250 customers across Europe, but by the time we talked the number had grown to over 300.There These could be something like targeting the agricultural community, or freelancers, or SMBs, or specifically companies working in e-commerce as Juni has.