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Citi buys stake in Peruvian foreign exchange fintech

NEW YORK : Citigroup has acquired a stake in Peruvian foreign exchange startup Rextie, its first fintech investment in Latin America.Terms of the deal were not disclosed, but Citi and Rextie executives said the bank is injecting cash into the company to finance its growth. Rextie, founded in 2016, has clo

Peruvian FX FinTech Rextie Secures Significant Investment From Citi

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