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News by FinTech Collective Archive

Paxos raises $300m in Series D funding at a $2.4b valuation

Sarah Wolter

April 29, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

New York based cryptocurrency infrastructure and white-label services platform raised $300m in Series D funding led by Oak HC/FT.

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In particular, Paxos has partnered with PayPal for its cryptocurrency features. Since October 2020, PayPal customers have been able to buy, hold and sell a handful of crypto assets — Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Venmo, a PayPal subsidiary, added the same cryptocurrency features just a few days ago.

https://techcrunch.com/2021/04/29/paxos-raises-300-million-to-build-a-cryptocurrency-infrastructure-giant/

More posts by Sarah Wolter

Klarna to launch credit card offering in the US “over the next few months”

Klarna to launch credit card offering in the US “over the next few months”

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Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

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India scrambles to curb PhonePe and Google’s dominance in mobile payments

India scrambles to curb PhonePe and Google’s dominance in mobile payments

Sarah Wolter

Public acquires Stocktwits trading accounts

Public acquires Stocktwits trading accounts

Sarah Wolter

Centrifuge raises $15m in Series A funding for institutional DeFi adoption

Centrifuge raises $15m in Series A funding for institutional DeFi adoption

Sarah Wolter

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