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Mswipe closes Series D funding above the USD 40 mn mark


In order to expand its acceptance network for digital payments and strengthening product development capability, Mswipe Technologies has announced on Thursday the closing of Series-D round of funding above USD 40 million mark. Mswipe Technologies is India's independent merchant acquirer and Point of Sale (POS) network provider with 280,000 terminals spread over 650 cities and towns. Marking B Capital's foray into investments in India, the global tech fund has led the latest investment in the company together with Mswipe's existing investor - DSG Consumer Partners. Eduardo Saverin, Partner at B Capital and Co-founder of Facebook, will join Mswipe's Board and work closely with the company as it