SoftBank’s Opportunity Fund took part in blockchain payment network Paystand's $50m series C round while Flipkart co-led consumer brand builder G.O.A.T Brand Labs' $36m series A.
Funding
Paystand, the US-based developer of a blockchain-enabled enterprise payment network, secured $50m on Friday in a series C round featuring telecommunications and internet group SoftBank’s Opportunity Fund. Venture capital firm NewView Capital led the round, which included King River Capital, Industrious Ventures and Transform Capital. Paystand raised $1m in seed capital from Serra Ventures, Cervin Ventures, Central Coast Angels and TiE LaunchPad in 2014; an undisclosed sum from Leap Global Partners in June 2017; $6m from BlueRun Ventures, Cervin…
