Mastercard has announced a multi-million dollar investment in a venture capital fund that’s “built by women of color for women of color.”
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Deel, which provides a global payroll solution, has raised $156 million in a Series C round, lifting the company to unicorn status with a $1.25 billion valuation.
Venmo is joining the cryptocurrency rollercoaster, by allowing its more than 70 million users to buy, hold and sell cryptocurrency within the Venmo app — and the roll out starts today.
At the time of writing, its market cap is sitting just above $5 billion.
MANTL, a tech company whose account-opening solution serves community banks and credit unions, has raised $40 million in a Series B funding round led by Alphabet’s independent growth fund, CapitalG, with participation from D1 Capital Partners and BoxGroup.
Payment processing company Candex has raised a new $20 million capital injection in its Series A funding round.
As mobile payment usage increases, companies that offer fraud prevention services and identity verification are an integral part of the payments ecosystem. Mastercard’s acquisition of Ekata for $850 million showcases the incredible value that identity verification with venture capital funding may be able to attract. Ekata found its success in providing financial institutions with APIs […]
Stripe has launched Stripe Issuing in 20 countries across Europe, so now European businesses can design, ship and manage cards.
Becoming a venture capitalist is often built on relationships and happenstance. For Brian Yee, his story at ACME Capital starts over a decade ago. The 22-year-old was a burgeoning employee at Goldman Sachs, taking on wealth management and leading a small team. At the same time, the dot-com bubble had officially burst, leaving tech in […]
Carrie Blankenship helped SunTrust, now Truist, become the sixth bank to connect and transact over the Clearing House’s Real-Time Payments service, and now she’s working for Fiserv as director of product management to continue that work and help expand its options and opportunities in the marketplace for instant payments.
