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September 06, 2007
Sweden's Online Payment Processor Netgiro Bought For $27M
US-based Digital River has bought Sweden's Netgiro for $27M. Just last February Netgiro had agreed on terms to be bought for a smaller amount - EUR10.25M by British firm Datacash.
Netgiro is an online payments platform that can support 20 online payment methods, from credit and debit card processing, to direct debit, Internet bank payments, local bank transfers and checks and it works in 40 countries.
Investors in Netgiro include Nordic Venture Partners, Bonier, and Intrum Justitia.
Read - Finextra
Posted on September 6, 2007 08:00 PM | Posted to Financial Data Service | Permalink
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