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.
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.
Crypto boom continues as Chainalysis raises $100M, doubles valuation to over $2B
As the crypto boom continues, Chainalysis, announced that it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion.
Fintech giant Fiserv to acquire Pineapple Payments
Global fintech giant Fiserv announced that it has signed a definitive agreement to acquire Pineapple Payments.
Fintech startup Greenwood raises $40million in funding to provide Black and Latino banking services
Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced it has closed $40 million of Series A funding
