Zipmex $100M acquisition plans falling apart after VC firm misses out on a payment
V Ventures missed the deadline to make a $1.25 million payment due on March 23—a payment supposed to provide Zipmex with working capital over the coming months.
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Thai venture capital fund buys Zipmex for $100 million
The deal will see V Ventures own 90% of the embattled Zipmex exchange as part of attempts to raise liquidity.