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Pipe Expands Into Entertainment Space with Purely Capital Acquisition

Miami-based Pipe, a fintech operating in the recurring-revenue financing space, bought Purely Capital. So reports Crunchbase News.

Purely CapitalThe acquisition will allow Pipe to expand into the entertainment and media advertising industry. Pipe will be better positioned to help content creators get upfront funding to develop new content through licensing contracts from larger streaming services like Netflix, Amazon, and Disney.

Read the full story from Crunchbase News.

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