52M

Frasers Group has snapped up luxury clothing website Matches Fashion for £52million. The company, which is controlled by billionaire Mike Ashley, will buy Matches from private equity firm Apax Partners, its owner since 2017. It marks a…

San Francisco-based wallet-as-a-service (WaaS) company Magic has raised $52 million in a strategic funding round led by PayPal Ventures, bringing the company's valuation to just under $500 million. Other participants in the…