Alternative financing startup Pipe snaps up Stripe and HubSpot execs, expands to UK

The Miami-based fintech also revealed today its first expansion outside of the United States with its entry into the U.K. market. It’s been a good year for Pipe. The buzzy startup has raised $300 million in equity financing this year from a slew of investors, such as Shopify, Slack, Okta, HubSpot, Marc Benioff’s TIME Ventures, Alexis Ohanian’s Seven Seven Six, Chamath Palihapitiya, MaC Ventures, Fin VC, Greenspring Associates and Counterpoint Global (Morgan Stanley), among others.
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Harley-Davidson “Double Stripe” Shows Old Muscle Still Packs a Punch

Back in 1999, at the time when humanity was worried something called Y2K would end existence as we knew it, Harley-Davidson was busy trying to find a way to fight off Japanese muscle motorcycles in the new millennium. And that way came to be known as the VRSC. Shortly after...

Stripe Launches Revenue Recognition Tool to Automate Financial Reporting

Online payments processor Stripe is launching an integrated revenue recognition tool to automate financial reporting and streamline accounting functions. Vladi Shunturov, product lead at Stripe, said in a press release emailed to PYMNTS that the revenue recognition tool is a “really big deal for companies.”. “No one wants to slow...

TrueLayer Notches $130M at $1B Value Backed by Tiger, Stripe

Global open banking platform TrueLayer raised $130 million in a funding round led by new investor Tiger Management with participation from Stripe, giving the startup a post-money valuation topping $1 billion. Francesco Simoneschi, CEO and co-founder of TrueLayer, said in a press release emailed to PYMNTS on Tuesday (Sept. 21)...

White & Silver Shimmer Stripe Cotton Socks With Artisan Pink Lobster Brooch

These super stylish socks are a fashion must have. Chunky stripes paired with a stunning hand made artisan brooch. Our artisan brooches are handmade using using pearls, beads and crystals. They look amazing teamed with your favourite footwear, even better the brooch is detachable meaning you can wear it on...

London-Based Open Banking Startup TrueLayer Raises $130M Led by Tiger Global, Stripe

London-based open banking startup TrueLayer has raised $130 million in funding in a round led by Tiger Global and Stripe. The raise values TrueLayer’s at more than $1 billion, thus giving it “unicorn” status. Open banking, for which TrueLayer provides infrastructure, enables customers to transact with businesses more seamlessly via...

Salesforce backs Indian payments startup Razorpay – TechCrunch

Razorpay said on Monday it has received a “strategic investment” from the venture arm of the American enterprise giant. The investment will help the startup “further strengthen its presence in the business banking space,” it said. The two firms didn’t disclose the size of the investment, but the Sequoia Capital...

TrueLayer Raises $ 130 Million with a $ 1B + Valuation as Open Banking Rises as a Viable Option for Card Networks – TechCrunch

TrueLayer, which provides technology for developers to enable a range of open banking-based services, has raised $ 130 million in a funding round that values ​​the London-based startup at more than $ 1 billion. Tiger Global Management is leading the round and, in particular, payments giant Stripe is also participating.

Pipe expands internationally; UK is first market for the Miami-based unicorn

Pipe, the world’s first trading platform for recurring revenue, announced its global expansion, with its first international market being the United Kingdom. “I left the UK for the United States seven years ago as it provided the best funding environment to build my first technology company, and it is enormously gratifying to bring those same opportunities to the burgeoning ecosystem of technology companies in the UK. If Pipe existed a decade ago and offered company-friendly financing options, I might never have left the UK,” said Harry Hurst, co-founder and co-CEO of Pipe, a Miami-based fintech unicorn that raised $300 million in venture funding this year.

TrueLayer raises $130m to accelerate the adoption of open banking payments globally

TrueLayer, the global open banking pioneer, today announced that it has closed a $130 million fundraising round, led by new investor Tiger Global Management LLC, the New York-based technology investor, with participation from global payments technology provider Stripe. The latest investment gives the business a post-money valuation of more than $1 billion.

TrueLayer achieves unicorn status after $130m round involving Stripe

Image: © zapp2photo / The British start-up plans to use the funds to expand after it announced the opening of a European HQ in Dublin last month. TrueLayer has raised $130m in a funding round that saw participation from Stripe and gives the fintech start-up a post-money valuation of over $1bn. The British company,...