Bitcoin API Startup Gem Raises Funding Total to $3.3 Million
Californian bitcoin API developer Gem has announced an additional $1.3m in funding, raising its total to $3.3m. The round was led by KEC Ventures, with additional contributions from First Round Capital, RRE Ventures - also an investor in 21 Inc and Abra - and early Facebook investor Robert Wolfson, among others. Gem closed its previous round in September last year after receiving funds from Mesa Ventures, Idealab, James Joaquin and Brock Pierce's investment firm, Crypto Currency Partners. A spokesperson for the platform said the newly acquired funds would be used to accelerate feature....
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Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion.
Capital Raised to Fund Flutterwave’s Expansion Plans
The Nigerian fintech startup Flutterwave recently announced it raised $250 million in a Series D funding round. The latest capital raise, led by B Capital Group, saw the fintech firm’s valuation increase to over $3 billion.
According to a statement on the remittance and....
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology. The company further wants to assist “800 million financially underserved smartphone users” from the region through virtual and physical prepaid cards. Pyypl’s Financial Inclusion Journey Pyypl, an Abu Dhabi-based fintech, recently revealed it had raised $20 million in a Series B round, to....
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live, Offchain Labs Raises $120 Million in Funding The highly anticipated Arbitrum One mainnet launch has been revealed by the firm Offchain Labs and the startup also detailed the company has raised $120 million in financing. Bitcoin.com News has written about the Arbitrum One Layer-2 scaling solution on a....
Blockchain identity startup Cambridge Blockchain has raised more than $1.7m in new funding, public records show. According to a Form D published today by the US Securities and Exchange Commission, Cambridge Blockchain has raised $1,785,000 out of a total $2m, indicating that the startup's funding efforts are ongoing. Previous SEC filings show that the startup began raising funds in March 2016. The documents show that Cambridge Blockchain had raised $635k out of a planned fundraise of $1.5m as of that month, and in a filing from last October, the startup said it had raised $1.09m out of a....
Argentinian bitcoin startup Ripio has announced what may be the first funding round of the new year, raising $1.9m in new capital amid a rebranding. The company plans to raise an additional $400,000 in funding over the next 90 days via AngelList, bringing its total funding to $2.3m. The Series A round was led by Huiyin Blockchain Venture, a China-based VC fund launched late last year by multi-billion-dollar investment firm Huiyin Group. Other participants in the round included Boost VC, Digital Currency Group and Draper VC – investors that also took part in the startup's $600k funding....