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Evening Standard
Evening Standard
Business
Simon Hunt

London fintech GoCardless taps parent for £131 million funding after losses widen

London fintech GoCardless has tapped its parent and sole shareholder for another £131 million in funding after it reported a deepening in losses.

The Google-backed business said it had completed a £90 million equity raise from parent Groupay, as well as a £41 million cash advance.

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