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Turkish neobank Papara becomes latest unicorn following acquisition of Spain’s Rebellion

Turkish neobank Papara has snapped up Spanish challenger bank Rebellion, in a move which propels Papara to unicorn status. Papara has purchased Rebellion from Beka Finance, the Spanish financial services company. The Turkish neobank said the “multi-million dollar cash and stock” acquisition means its valuation has propelled to more than…

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