FinTech Futures: Top five news stories of the week – 19 April 2024
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
The round adds to the $300m Ramp raised in its Series D round in August 2023 at a valuation of $5.8bn.
The value of the Venue acquisition has not been disclosed.
The firm’s new $5.8bn valuation represents a 28% drop from its $8.1bn valuation back in March 2022.
Cohere.io’s entire team, including CEO Yunyu Lin, will join Ramp as part of the deal.
A handy round-up of the recent funding endeavours of fintech companies across the UK.
The Series B follows Ramp’s $52.7 million Series A round in December 2021.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
Ramp will use the cash to drive expansion and further product development.
Featuring OPay, Ramp, Zepz, Ekuaibao and Cora.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
Featuring CRED, OneStream Software, Loopio, Patreon, and Ramp.