Qoala announced that it has received $47 million in a round of funding co-led by new investor PayPal Ventures, Inc. and returning investor MassMutual Ventures LLC on March 27, 2024. The transaction included participation from new investors Ohana Holdings LLC, MUFG Innovation Partners Co., Ltd., returning investors Flourish Ventures Services LLC, Eurazeo SE and appWorks Ventures Co., Ltd. The company has received $130 million in funding till date.
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- Qoala announced that it has received $47 million in funding from a group of investors