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:

In South Africa I see stark evidence of extraordinary income inequalities

May 10, 2025

Nvidia modifies H20 chip for China to overcome US export controls: Report

May 10, 2025

From offering drones to solidarity: Turkey’s hand in Pakistan’s attacks

May 10, 2025

Europe must end reliance on US technology – Christine Lagarde

May 10, 2025

When I die, please do not produce an AI version of me

May 10, 2025

Wall Street ends a quiet week mixed as it waits for a highly anticipated US-China meeting on trade

May 10, 2025

Why Modi keeps pushing India to the brink of war with Pakistan

May 10, 2025

India-UK FTA sets precedent with dedicated anti-corruption, anti-bribery chapter

May 10, 2025

OpenAI chief Sam Altman: ‘This is genius-level intelligence’

May 10, 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