The news comes as TransferWise has been valued at $5bn.
D1 is investing around $200mn as part of a secondary share sale.
D1 will have around 4% of the business.
D1 was set up two years ago and has stakes in large tech companies like Amazon, Facebook and Netflix. The transaction is said to come at a 30% premium compared with a similar transaction this time last year.
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
Funding round could push Moove’s market value to $750mn In brief:- ...
Simetrik is a financial automation platform based in Colombia. In brief:- ...
Pontera, formerly known as FeeX, has successfully secured $60 million ...
Fund II represents a 15% increase in funds and a ...
How investment vehicles are revolutionising private markets and bridging the gap in democratisation...
William Edwards Deming once famously said, “It is not necessary to change. Survival isn’t mandatory....
FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive...
In the first half of 2022 total capital invested in FinTech globally reached $59bn – flat year-on-ye...
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