Finance

Smarkets eyes US expansion with growth equity cash injection

Susquehanna Growth Equity to provide future capital as exchange operator closes Series B funding round

Smarkets has closed a significant minority investment from Susquehanna Growth Equity (SGE) to fund its expansion throughout the US and internationally. The Series B funding round marks the first external investment in the exchange operator since a Series A round back in 2013 that raised £3.8m. EGR understands the SGE backing is significantly greater than that…

Finance | Smarkets | US | US sports betting

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