The round was led by Global Founders Capital with participation from Graph Ventures, Soma Capital, OldSlip group and Adapt Ventures among others. The relative dearth of competition in the region has helped drive investments and attention into Pluto’s operation even from companies operating in the same space.
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Pluto Attracts Eyeballs as it Enters Middle East Corporate Spend Market
Pluto, which aims to help underserved SMBs and other businesses in the Middle East digitize cash spending, closed a $6 million seed round. So reports TechCrunch.
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