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Coinbase Raises $300M For Valuation Of More Than $8B

PYMNTS

Coinbase, the cryptocurrency exchange operator, has raised a fresh round of funding that gives it a valuation of more than $8 billion. We see Coinbase’s growth as validation that the ecosystem will only continue to grow in size, influence and impact — ultimately ushering in a more open financial system for the world.”

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Top 2024 macro-credit risks

Future CFO

A further ratcheting higher of US interest rates would intensify financial condition tightening, raising asset-quality pressures and increasing the risks of a stress event in the financial system, the firm said. The post Top 2024 macro-credit risks appeared first on FutureCFO.

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Coinbase Valued At $8B With Potential Tiger Global Investment

PYMNTS

Coinbase , the cryptocurrency exchange operator, is nearing a deal that would give it a valuation of around $8 billion, reported Recode. CEO Brian Armstrong said the company isn’t focused on the movements of trading volume, but rather “building an open financial system for the world,” reports said.

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Plaid Gets Strategic Investment From Visa And Mastercard

PYMNTS

The total to date, according to Plaid, comes to $310 million, with an implied valuation of $2.6 In commentary sent to PYMNTS from Plaid, CEO Zach Perret said that “we draw inspiration from the work that the networks have done and look forward to collaborating with Visa and Mastercard at the intersection of commerce and financial services.

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Kyriba Bought For $1.2B

PYMNTS

The deal would mark a significant increase in valuation for the firm, which was valued at about $350 million in 2017, when Sumeru Equity Partners provided $45 million in growth equity for the firm. (At At the time, reports said Kyriba would use the investment to focus on growth and product development.) ”

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On-Demand CFO

Michigan CFO

A Chief Financial Officer (CFO) is an executive role within an organization that takes responsibility for finance, financial planning, mergers and acquisitions, valuation, financing and investors, and other important financial aspects of the business. Having an on-demand CFO can provide your business flexible expertise.

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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

Cosmin Nicolaescu, vice president of engineering at Brex, told the Daily Hive said the company’s focus right now is on “reimagining financial systems for growing companies.”. In June, Brex announced it raised $100 million in venture funding, giving the company a valuation of $2.6 I’m originally from Romania.