Posts From Company Announcement
Blackrock and Snowflake Launch Cloud Data Solution for Investment Managers
American asset management firm BlackRock and Snowflake, a cloud-based data-warehousing company, announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility
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Former Governor of the Bank of England Joins Stripe’s Board of Directors
Stripe, a US-based payment processing platform, announced that Mark Carney, the former Governor of the Bank of England and the Bank of Canada, has joined the company’s board of directors. Regulated in multiple jurisdictions and partnering with several dozen financial
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Payoneer Poised to Go Public With US$3.3 Billion Merger Deal
Payoneer announced that it plans to go public by merging with FTAC Olympus Acquisition Corp. (FTOC), a special purpose acquisition company in a US$ 3.3 billion deal. Payoneer has been backed by investments from TCV, Susquehanna Growth Equity (SGE), Viola
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Visa Pilots Its New Crypto API Programme With US Neobank First Boulevard
Visa has announced a partnership with First Boulevard, a digitally native neobank focused on building generational wealth for the black community, to pilot Visa’s new suite of crypto APIs that is anticipated to launch later this year. As part of
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Curve Secured $95 Million Ahead of US Expansion Plans
Curve, a London-based banking platform which allows customers to consolidate multiple cards into one smart card and app, announced it has secured $95 million as part of a successful Series C funding round. This fresh funding brings the total investment
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Checkout.com Triples Valuation to $15 Billion With $450 Million Funding
Checkout.com, a London-based payments solutions provider, announced that it closed a $450 million Series C fundraising round giving it a post-money valuation of $15 billion. The Series C was led by Tiger Global Management, LLC, a New York-based technology investor.
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Visa Calls off Plans of $5.3 Billion Plaid Acquisition
Visa and U.S. fintech firm Plaid announced that they have terminated their $5.3 billion merger agreement and agreed with the Department of Justice (DOJ) to dismiss the litigation related to the proposed transaction. The proposed transaction was first announced in
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Walmart to Create Fintech Startup for Digital Finance Push
American multinational retail corporation Walmart has created a new fintech startup designed to develop and offer modern, innovative and affordable financial solutions. The new startup is a strategic partnership with fintech investment firm Ribbit Capital. The venture will bring together
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Remitly Announces $85 Million Round as Digital Remittances Surge Globally
Remitly, a mobile-first provider of remittances and financial services for immigrants announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable
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Credit Suisse Secures 35% of a Digital Bank in Brazil
Credit Suisse and the controlling shareholders of modalmais have signed a strategic long-term agreement that allows Credit Suisse to purchase preferred shares equivalent to up to 35% of the total capital of modalmais. Philipp Wehle, CEO International Wealth Management at
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