23 December 2019

Ripple secures $200mn funding

Written By FinTech Alliance

Ripple secures $200mn funding

Ripple has announced $200mn Series C funding.

In Brief:

  • It marks a ‘record year’ for the business.
  • The company’s payments network, RippleNet, now has more than 300 customers globally.
  • The round included Tetragon, SBI Holdings and Route 66 Ventures.

What does this mean?

The investors are also partners who will be able to share industry insight and experience with Ripple as it scales. The company’s CEO has pointed to Ripple’s strong position and growth within the blockchain space despite many companies having ‘slowed’.

Read more here.

 

Up Next ...
17 June 2024

Merrick Bank Partners with Kompliant for Digital Merchant Onboarding

Technology has significantly enhanced credit and risk review categories"

17 June 2024

UK Fintech Job Vacancies Surge as Investors Flock Back to London

Fintech is a top performing category within the UK financial services for Job openings in 2024

17 June 2024

Doha Bank and Mastercard Collaborate to Strengthen Digital Payment Services

One of the most significant deals in Qatar's financial sector

14 June 2024

The Future is Bright for London's Fintech Scene: Fintech Week London Round-up

“London is a place of innovation, a place where people adapt, where we try things out." - Howard Dawber

More in Investment

Uber to back Nigerian start-up Moove in up to $100mn round

26 February 2024

Funding round could push Moove’s market value to $750mn In brief:- ...

Simetrik secures $55mn in Series B to bolster platform globally

26 February 2024

Simetrik is a financial automation platform based in Colombia. In brief:- ...

FinTech startup Pontera raises $60mn

07 December 2023

Pontera, formerly known as FeeX, has successfully secured $60 million ...

FinTech-focused Canapi Ventures raises $750mn

07 December 2023

Fund II represents a 15% increase in funds and a ...

White Papers Investment

Investment vehicles in private markets

17 November 2023

How investment vehicles are revolutionising private markets and bridging the gap in democratisation...

White Papers Investment

The Three-Body Problem: Finding the New Stable Points in Venture Capital

12 June 2023

William Edwards Deming once famously said, “It is not necessary to change. Survival isn’t mandatory....

White Papers Investment

FT Partners Quarterly FinTech Insights

12 June 2023

FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive...

Articles Investment

Innovate Finance on: 2022 Summer Investment Report

19 July 2022

In the first half of 2022 total capital invested in FinTech globally reached $59bn – flat year-on-ye...

There are no Events in this category