Deutsche Telekom invests in blockchain payments platform Celo
San Francisco-based Celo, used in over 100 countries, allows users to send and receive money in the form of its tokens to mobile phones.
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.
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.