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UK Savings Fintech Flagstone Announces £108 Million Investment

Estancia Capital Partners LP is taking a minority stake in cash deposit platform Flagstone, in order to provide “firepower” to the UK startup’s savings products.Flagstone said the £108 million ($139 million) investment from the private equity company will be used to consolidate and expand in Britain and internationally, as well to reward existing investors. The firm did not disclose the size of Arizona-based Estancia’s stake following the deal....

Read more at bloomberg.com

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