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Financial
Ripple effect generates $28m
Digital payment technology company Ripple Labs has closed a series A round backed by corporates including Seagate, CME, and International Data Group.
May 20, 2015Paidy cashes in $8.3m series A
The cardless payment and instant credit subsidiary of Exchange Corporation has closed a round featuring SIG Asia, CyberAgent and Recruit.
May 15, 2015Vouch credits IDG for $6m series A
Vouch, a startup that uses social networks to evaluate a user's credit, has now raised almost $10m in total after securing cash in an IDG Ventures-backed round.
May 15, 2015LoopPay pocketed $250m in acquisition
Samsung acquired the mobile wallet developer LoopPay in February this year, providing exits to corporate backers Visa and Synchrony Financial.
May 15, 2015Square raises cash for small business funding
The payment services company plans to advance hundreds of millions of dollars to small businesses in return for a percentage of their future card sales.
May 14, 2015Sapphire trades funding for minority stake in IEX
SAP-affiliated venture firm Sapphire has invested an undisclosed amount in equity trading platform IEX, which had raised $100m in funding as of September.
May 13, 2015Yoyo performs $10m trick
The Telefonica-backed mobile wallet developer has now raised $15m in less than a year and will use the capital to build its team as it prepares to enter the US market.
May 11, 2015News round up 11 May 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
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