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FRANKFURT (Reuters) - Germany's Deutsche Bank AG (DBKGn.DE) has bought a 12.5 percent stake in auction platform TrustBills, the bank said on Monday.
The terms of the deal were not disclosed.
Founded in 2015, Germany-based financial technology company TrustBills is an electronic marketplace for national and international trade receivables.
Reporting by Alexander Huebner; Writing by Edward Taylor; Editing by Mark Potter