Mastercard partners with ConsenSys to support the future of multi-blockchain commerce
Mastercard has announced investing and partnering with ConsenSys, a software engineering firm in the blockchain space, to power the future of commerce.
Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation
Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, valuing it at $1.6 billion, it said on Thursday. The two-year-old New York-based firm competes with American Express, new-age fintech startups such as Brex and older expense management software makers like Expensify and SAP Concur. Stripe, which had invested in Ramp previously as well, had in March raised $600 million at a valuation of $95 billion. To read more, please click on the link below… Source: Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation | Reuters
Digital Finance as the New Normal: Plaid raises $425 Million Series D
With digital finance being the new normal, Plaid has announced a significant funding round raising $425 million in a Series D round.
Acorns’ new fintech target is debt management with acquisition of Pillar
Saving and investing app Acorns has acquired Pillar, an AI-powered startup built to help manage student loan debt, in its second acquisition of 2021.
Coinbase $1.8 billion first-quarter earnings bigger than in all of last year
Coinbase posted total first-quarter revenue of $1.8 billion from $191 million in the same quarter a year earlier and an EBITDA of $1.1 billion.
US Fintech Avant acquires Zero Financial & Level
US fintech Avant announced on Wednesday it has completed the acquisition of Zero Financial and neobank Level.
Capitolis lands a16z-led $90M Series C for fintech SaaS platform
Capitolis, which makes technology for capital markets players such as investment and merchant banks, has closed on a $90 million Series C funding round.
Fintech unicorn HighRadius raises $300M in Series C financing
After reaching unicorn status last year, Houston-based fintech firm HighRadius raised $300 million in a Series C financing round.
