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This startup just landed $8.5M led by Bessemer to help companies automate their financial workflows

December 14, 2022


Earlier this month, Reuters reported that hedge fund Muddy Waters had accused Uruguayan payments company dLocal of using client funds to pay a special dividend to its shareholders from before its June 2021 IPO.

The hedge fund said – according to Reuters – that “all (dLocal) needed to do to address this issue was provide an explanation as to how the cash flows reconcile.”

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