Payments
Accel-Backed Fintech Startup Eyes $120 Million in Next Round
Nala, a Tanzania-based cross-border payments fintech backed by Accel Partners, is seeking to raise $120 million by selling a 10%-15% equity stake after previously securing
Shift4 to Acquire Global Blue, the Leading Specialty Payments and Technology Provider Serving Luxury Brands
Shift4, the integrated payments and commerce technology innovator, is acquiring Global Blue, market leader in specialty payments and technology platform driving tax-free shopping, dynamic currency
Fintech Rapyd Seeks Funding at $3.5B Valuation,a Steep Drop from $9B
London-based payments and fintech company Rapyd is seeking to raise $300 million at a $3.5 billion valuation, a sharp decline from its $9 billion valuation
Stripe Closes $1.1 billion Bridge Acquisition, Prepares for Aggressive Stablecoin Push
Stripe has completed its $1.1 billion acquisition of Bridge Network, marking its largest deal to date and signaling a strong commitment to stablecoin payments. The
PayPal Ventures Co-Leads $21 Million Investment in Programmable Ledger Builder Formance
Formance, a French fintech specializing in open-source programmable ledgers for financial transactions, has secured $21 million in Series A funding, co-led by PayPal Ventures and
Ebury Acquires ArcaPay to Expand Cross-Border Payment Services
Ebury, a global cross-border payments and financing company, has acquired ArcaPay, a Lithuania-based B2B cross-border payment provider, to strengthen its presence in the Baltic region