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Robinhood raises USD 3.4 billion to cope with customer growth

News | Payments General | 02 Feb 2021

Robinhood has raised USD 3.4 billion to continue to support its record customer growth, including USD 1 billion in funding announced on January 29 2021.

Robinhood, funding, trading, investment, stocks, GameStop, banks, line of credit, equity, public offering, financial literacy, Ribbit Capital

Relay Payments raises USD 43 mln over six-month period

News | Online Payments | 13 Jan 2021

US-based fintech Relay Payments has announced that it has raised USD 43 million in funding over the past six months.

Relay Payments, Addition Capital, Ribbit Capital, Spark Capital, funding round, electronic payments, online payments

Walmart launches fintech, via Robinhood, Credit Karma, and Affirm backer

News | Payments General | 12 Jan 2021

Walmart (WMT), a large US-based retailer, has launched a financial technology (fintech) startup in partnership with venture capital firm Ribbit Capital, a backer of Robinhood, Credit Karma, and Affirm.

Ribbit Capital, Robinhood, Credit Karma, Affirm, fintech, payments , Walmart, US, WMT, retailer

African startup Chipper Cash raises USD 30 mln Series B funding round

News | Mobile Payments | 19 Nov 2020

African cross-border fintech startup Chipper Cash has raised USD 30 million in a Series B funding round led by Ribbit Capital with participation of Bezos Expeditions – the personal VC fund of Amazon CEO Jeff Bezos.

Chipper Cash, funding, Africa, Series B funding round, Ribbit Capital, Bezos Expeditions, Jeff Bezos, mobile payments, P2P payments, merchants, payment solutions, crypto-currency trading, investment services

BharatPe launches POS solution with no charges for merchants

News | Mobile Payments | 24 Jun 2020

India-based QR code payments company BharatPe has rolled out a POS solution without charges for merchants.

BharatPe, QR code, launch, mobile payments, POS, point of sale, India, incumbents, Pine Labs, Mswipe, Innoviti, Jio, PhonePe, Paytm, Bharat Swipe, merchants, marquee investors, Ribbit Capital, Insight Partners, Sequoia Capital, Steadview. Mswipe

Nubank reaches 25 mln customer across LATAM

News | Online & Mobile Banking | 03 Jun 2020

Brazil-based Nubank has reached 25 million customers, making it one of the largest independent digital banks in the world.

Brazil, Nubank, Latin America, LATAM, digital banks, banks, digital, Mexico, credit cards, cards, TCV, Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital, Thrive Capital

USD 280 mln funding round completed by Robinhood

News | Payments General | 11 May 2020

Fintech startup Robinhood has revealed the completion of its Series F funding round, raising some USD 280 million in fresh capital.

Robinhood, funding round, fintech, startup, partnership, 9Yards Capital, Unusual Ventures, NEA, Ribbit Capital