UTU raises $35M to help travelers get more from tax-free shopping

TechCrunch
By Catherine ShuJun 25, 2023, 10:56 pm243 pts
Utu, a travel tech company that helps flyers get more out of their tax-free shopping, announced today it has raised a $35 million Series B led by SC Ventures. Part of the funding was used to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users. During the pandemic-induced…

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