Payroll services provider, CloudPlay closes $120M funding round

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CloudPay, an end-to-end global pay solutions provider spanning payroll, payments, and pay on-demand, has announced the closing of a $120 million funding round led by Blue Owl Capital, along with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital. By closing the funding, CloudPlay believes that its capital base will be strengthened…

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