ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a source familiar with the matter. The transaction was led by new investor Ribbit Capital, with existing investors Viking Global Investors...
FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup, marking a milestone following its failed sale to Visa two years ago, the Financial Times...
South African payments infrastructure Stitch has raised $25 million in a Series A extension. The round, announced Tuesday (Oct. 3), was led by Ribbit Capital and brings Stitch’s total funding to $52 million, the company said in a news release provided to PYMNTS. Joining the...
Venture capital firm Ribbit Capital recently bought a minority stake in a Jakarta-based digital bank Bank Jago, the country’s first fully digital bank, according to a report Monday (Oct. 4) by The Straits Times. Bank Jago has already teamed with ride-hailing app Gojek and online...
August 25, 2017
The alternative lending sphere has fallen out of favor with venture capitalists, according to CNBC reports this week. BlueVine CEO Eyal Lifshitz told the publication that there has been a shift in how alt-lenders get financed, with backers now looking more closely at the “viability of the overall lending model.” Researchers found that online lenders […]
December 12, 2024
Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart. The round, which has not closed, would value One at $2.5 billion before the new money is raised, Bloomberg reported Thursday (Dec. 12), citing an unnamed source. Reached by […]
November 25, 2024
ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a source familiar with the matter....
October 03, 2023
South African payments infrastructure Stitch has raised $25 million in a Series A extension. The round, announced Tuesday (Oct. 3), was led by Ribbit Capital and brings Stitch’s total funding...
October 04, 2021
Venture capital firm Ribbit Capital recently bought a minority stake in a Jakarta-based digital bank Bank Jago, the country’s first fully digital bank, according to a report Monday (Oct. 4)...
