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New York's Digital Currency Group has acquired South Africa’s largest cryptocurrency exchange, Luno, for an undisclosed amount of cash. Luno has 5 million customers and a presence in 40 countries.
South African FinTech startup, Luno, has announced that it has concluded its Series B fundraising round after receiving approximately $9 million (R120 million) from investors. its expansion into 35 new markets across Europe, The round was led by London-based Balderton Capital. Luno currently has offices in London, Singapore and Cape