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January 3, 2024
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Lithuania’s MELP secures €635K to boost employee well-being platform expansion

Lithuania-based MELP has secured a €635,000 investment from venture capital fund Coinvest Capital and a group of business angels. The company offers a platform that allows companies to manage employee benefits and gives employees access to thousands of goods and services. With the funding, MELP plans to expand its platform’s capabilities, reach new international markets and improve its services for businesses of all sizes. The company’s platform has experienced successful growth in the Baltic countries and is now looking to expand into international markets.

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Majority secures $20M investment boost

Article Summary TLDR: Key Points: Majority, a Miami-based provider of mobile banking and international services for migrants, raised $20M in funding. The funding round included a mix of equity and debt financing
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