Bitcoin Payment Processor Stripe’s Valuation To Hit $9.2 billion After New Funding Round
Stripe, a provider of a payment interface that allows companies to accept bitcoin, will be valued at $9.2 billion when a new funding round adding $150 million completes, according to MarketWatch. Other fintech firms and some Silicon Valley tech startups have struggled to maintain their valuations. The share price for Square Inc., for instance, has stagnated since that company went public in 2015. General Catalyst Partners and Capital G., an investing arm of Alphabet Inc., co-led the funding round, which also included Sequoia Capital. Michael Moritz, a Sequoia Capital partner, said it was a....
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US-based cryptocurrency exchange Kraken, has successfully closed a $500 million funding round, achieving a valuation of $15 billion, as reported by Fortune. This significant milestone comes as the company gears up for its anticipated initial public offering (IPO), which is expected to take place next year. Kraken’s Valuation Rises To $15 Billion In July, The […]
Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys is flexing its economic muscle by acquiring Treum, developer of Music NFT service EulerBeats.
Consensys Aims for Billion+ Valuation in Next Funding Round
Consensys, one of the main software providers in the Ethereum ecosystem, is reportedly aiming to achieve a valuation that could reach....
The British payment platform said it will use funds to further crypto payment processing. Global payments processor Checkout.com announced a $1 billion Series D funding round on Wednesday, which marks a total of $1.8 billion raised to date and a $40 billion company valuation.Among the primary investors in the latest round are Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, the Oxford Endowment Fund and more.Big news We've just closed our $1bn Series D funding round at a $40 billion valuation. It will help drive our US growth, our platform....
Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that Moonpay provides is key to several hundred wallets and services for onboarding users with fiat currency.
Moonpay Snags $3.4 Billion Valuation
Moonpay, a startup that specializes in processing payments to purchase cryptocurrencies, has raised $555 million in its first financing round. The....
Speaking on the latest funding round which sees Reddit at a valuation of $10 billion, Steve Huffman, co-founder and chief executive stated tentative plans for the firm to go public. Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February.Six months ago the firm raised $250 million in Series E funding at a valuation of $6 billion. In the latest move, Reddit announced a Series F funding round on Aug. 12 — which is being led by Fidelity Management and Research Company LLC and is expected to close at around $700 million....