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Stratospheric Valuation for Brazilian Crowdfunding Site, Movere.me

Let the consolidation begin! The NYT reports (Crowdfunding Merger Points to Ambitions in Latin America) that perk-based crowdfunding (PCF) site, Ideame, has acquired Brazil's second-largest PCF site, Movere in a transaction valued at ~$2.5 million. Unlike other crowdfunding sites that are country-specific, Ideame is looking to own the entire region. After considering organic expansion, the company decided t ...

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