The Digital Source For China's Tech Innovation Since 2000

Chinese behemoth Tencent takes stake in UK fintech Previse

April 22, 2022
Source: simplenews.co.uk simplenews.co.uk
News Snapshot:
Tencent Holdings, the Chinese technology behemoth, is adding to its interests in British fintech start-ups by taking a stake in Previse, a fast-growing player in business payments. Sky News understands that an arm of Tencent is leading a Series B funding round for Previse that will raise just over £10m. Sources said the fundraising would value the UK company at around £65m on a pre-money basis. Advertisement It is the latest British tech company to draw funding from Tencent, which has a market value equivalent to hundreds of billions of pounds. The Chinese company’s other UK holdings include Monzo, the...
Go To Original Source →
Tags: advertising | ARM | B2B | bank | Bristol | Britain | Business | capital | charging | Chinese | clean energy | digital | energy | executive | fintech | Founder | investment | IT | MasterCard | news | supplier | technology | Tencent | United Kingdom | venture capital

Other Related News:

The US is reportedly encouraging countries to adopt Musk’s Starlink in tariff trade talks

May 9, 2025

Stirling clings to trackless tram dream despite WA Transport Minister Rita Saffioti’ dismissal

May 9, 2025

Trump Tariffs Would Torpedo Game Console Sales, Report Claims

May 9, 2025

Shopify stock falls despite strong first-quarter revenue growth

May 9, 2025

Tariffs could raise game console prices by 69%

May 9, 2025

Tesla launches cheaper Model Y in the US, but confirms it's ditched the Cybertruck's promised range extender

May 8, 2025

Ukraine war latest: Putin welcomes 'dear friend' to Kremlin; woman killed in bombing during Russia's ceasefire

May 8, 2025

Wong Kar Wai's TV Series 'Blossoms Shanghai' Getting Release By Mubi

May 8, 2025

Caught in the tides with Jia Zhangke, China’s most important filmmaker of the century

May 8, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter