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French bank Crédit Mutuel Arkéa acquired Leetchi!

The bank Crédit Mutuel Arkéa paid 50 million Euros in order to acquire 86% of the French startup Leetchi, which among others operates Mangopay, a payment processing solution for marketplaces.

Crédit Mutuel Arkéa will invest an extra 10 million Euros at Leetchi in order to speed-up its product development cycle and internationalize its presence.

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