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Ethereum: A Deflationary Store of Value with Dividend Payouts?
Thursday, April 11, 2024 - 8:31am | 626Nick Shalek of Ribbit Capital, a venture capital firm, detailed a bullish case for Ethereum (CRYPTO: ETH), arguing it could become a dominant force in the future of finance. What Happened: Speaking at a Sohn Conference Foundation event, his focus was on Ethereum’s potential as a platform for...
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Delphia Adds $60M Series A To Boost Headcount, Launch Token, Expand Data Reach
Friday, June 10, 2022 - 12:58pm | 258Delphia closed a $60 million Series A funding round led by Multicoin Capital. Participants in the round include Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland, Thomas Bailey from Road Capital and M13. Funds are to be used for the launch of...
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Tomo Raises $40M Series A, Putting It In Reach Of $1B Valuation
Wednesday, March 23, 2022 - 2:13pm | 341Tomo secured a $40 million Series A led by SVB Capital and doubled its valuation to $640 million. Round participants include Ribbit Capital, NFX, Telesoft, Zigg Capital and Parker89. The development comes as the mortgage fintech looks to hone software development and data science initiatives,...
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Cryptocurrency Company FTX Raises $420.69M From 69 Investors
Thursday, October 21, 2021 - 4:27pm | 492A leading cryptocurrency company completed a Series B-1 funding round that saw its valuation climb. Here are the details on the funding round and what’s next for the company. What Happened: FTX, parent company to cryptocurrency exchange FTX.com, raised $420.69 million in a Series B-1 funding...
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Fintech Focus For April 6, 2021
Monday, April 5, 2021 - 5:51pm | 1606Quote To Start The Day: [S]tock declines of 30-40% are overdone, and growth names should begin to re-inflate. True, interest rates will likely rise over time. However, they still hover near record lows, and borrowers of all shapes and sizes can afford to pay more. Source: Adam Johnson One Big...
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Walmart Enters The Fintech Space With Ribbit Capital
Monday, January 11, 2021 - 5:56pm | 301A new fintech startup is being created by Walmart Inc (NYSE: WMT) and Ribbit Capital. The venture will be majority-owned by Walmart. The Board of Directors for the new startup will include Walmart U.S. President John Furner, Walmart CFO Brett Briggs and Ribbit Capital Partner Meyer Malka. The board...
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Robinhood Raises $280M In Series F Led By Sequoia Capital
Monday, May 4, 2020 - 8:13pm | 208Robinhood, a retail trading platform that offers investors commission-free stock, ETF, options trading and high yield savings accounts, formally announced the closure of a $280 million Series F funding round, led by Sequoia Capital, with participation by New Enterprise Associates, Ribbit...
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Robinhood Raises $50 Million To Take Over The World Of Trading
Thursday, May 7, 2015 - 4:50pm | 600Robinhood, a fintech startup that offers zero commission stock trading, is ready to go global. The company announced today that it has raised $50 million in a round led by New Enterprise Associates (NEA). "It's an important milestone," Vladimir Tenev, co-founder of Robinhood, told...
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Google Ventures-Backed Startup Wants To Change The Way You Trade
Thursday, December 18, 2014 - 4:59pm | 726Robin Hood stole from the rich and gave to the poor, but Robinhood (a new Fintech startup) wants to give investors the ability to trade without robbing anyone. "We really intend for Robinhood to be a product for a new generation of investors," Vladimir Tenev, co-founder of Robinhood,...
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Is Bitcoin Your Chance To Profit Like A VC?
Thursday, March 20, 2014 - 3:28pm | 990This week, Pantera Bitcoin Partners announced a $150 million joint venture from Venture Capital Firms Fortress Investment Group, Benchmark Capital and Ribbit Capital. They join Union Square Ventures, Andreessen Horowitz, Accel Partners, General Catalyst Partners and Lightspeed Ventures in...