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Trade Republic snags $900 million in fundiing 4 hours ago
1 German neobroker Trade Republic has scored the country s largest ever fintech funding round, a $900 million Series C that puts a $5 billion price tag on the six-year old firm. The investment was led by Sequoia with participation from new investors TCV and Thrive Capital as well as existing investors Accel, Founders Fund, Creandum and Project A.
Founded in 2015 and licensed in Germany, Trade Republic is a European equivalent of US unicorn RobinHood, enabling users to invest in stocks, ETFs, and derivatives - mobile and commission-free.
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Customers Bank signs with Tassat for B2B payments 4 hours ago
Source: Tassat Customers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:CUBI) a bank holding company, and Tassat, a global provider of blockchain technologies for digital payments, today announced that Customers Bank will use Tassat’s proprietary platform TassatPay® Network, which features real-time B2B payments and integration of digital and legacy payment rails.
The partnership will deliver enhanced payments functionality for the bank’s business clients and low-cost core deposit growth for the bank.
Published: Thursday, May 20, 2021
President Biden s trade chief conveyed to Mexico strong concern about the nation s policies that appear to disadvantage U.S. investments, especially in the clean and renewable energy sector, according to an American official.
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