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Global Processing Services extends fundraising round with another $100 million %

Payment tech company Global Processing Services (GPS) said on Thursday that it had increased its latest fundraise by $100 million, taking the total raised in its latest round to $400 million.  New investors included Singapore-based Temasek and US growth equity firm MissionOG. They joined Advent International — through Advent Tech and affiliate Sunley House Capital – and Viking Global Investors.  GPS’s technology and partnership approach has helped scale some of the largest fintech firms, including Revolut, Curve, Starling Bank, Zilch, …

Checkout.com’s valuation hits $40 billion with $1 billion raise

Payment processor Checkout.com said on Wednesday its valuation had hit $40 billion following the completion of a $1 billion Series D funding round.  The raise secures its place as one of Europe’s most valuable start-ups and more than doubles its valuation since its Series C a year ago when it raised $450 million at a $15 billion valuation.  The company said in a release that in that time, it has tripled the volume of transactions processed for the third year …

Zero Hash raises $105 million in series D round

Crypto services startup Zero Hash announced on Wednesday it has raised $105 million in a series D fundraising round.  The news comes just three months after the company’s series C, which raised $35 million from Point72, NYCA Partners and DriveWealth, as well as a group of angel investors that included Mercury founder Immad Akhund and Deserve founder Kalpesh Kapadia, among others. It has also been backed by Bain Capital in previous rounds. Steve Cohen’s Point72 participated in the latest round.  …

Payments startup Silverflow closes $17 million round led by Coatue

Dutch payments company Silverflow said on Thursday that it has raised a $17 million Series A round led by Coatue Management.  It will use the money to nearly triple its team from 24 people to 70, for expansion into the US, and to strengthen its balance sheet, according to a press release.  The fundraise is also backed by previous investors Crane Venture Partners and INKEF Capital, as well as angel investors Jason Gardner, founder and CEO of Marqeta, and Gokul …

South Korean crypto VC Hashed launches new $200 million fund

Hashed, a crypto venture capital firm based in South Korea, has launched a new $200 million fund. The Hashed Venture Fund II will invest in Web3 startups, including those focused on metaverse, blockchain gaming, NFTs, and DeFi. “We are radically optimistic about web3’s potential to restore trust and enable new kinds of governance where players collectively make critical decisions about how the metaverse should be defined,” said Hashed. The firm’s new fund comes exactly a year after it raised $120 …