Banking App Dave to Buy Back $100M Stake From FTX
Neobank Dave has agreed to pay FTX liquidators $71 million in exchange for a convertible promissory note for $100 million that FTX Ventures has provided. This note was first issued by FTX Ventures, a venture capital entity associated with the now-defunct exchange FTX. As per the revised agreement, Dave is going to secure the debt […]
Banking app Revolut has raised $800M in fundraising led by Softbank
Revolut after the fundraising is now worth $33 billion, the funds gotten will enable the company to expand internationally. The company looks to expand towards crypto and stock exchange soon. Revolut, a popular British banking app that allows users to invest in cryptocurrencies, has raised $800 million in a fresh round of funding. According to […]