Page 14 - Corner Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Israeli B2B payments co Melio raises $110m The company, which helps small businesses digitally manage their supplier payments, raised the money at a valuation of $1.335 billion. Israeli B2B payments platform Melio has completed a $110 million financing round, led by Coatue at a valuation of $1.335 billion. Previous investors Accel, Aleph, Bessemer Venture Partners, Corner Ventures, General Catalyst, Latitude, and LocalGlobe. Salesforce and American Express Ventures also participated in the financing round, bringing to $240 million the amount raised by the company, which was selected as one of...

Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century Payments for consumers have made a huge shift to the online world in the last year, a time when they have moved more of their purchasing to the internet to minimize in-person transactions in the midst of a virus-based health pandemic. Today, a startup that has built a similar kind of payments infrastructure — but specifically targeting small businesses and the payments they need to make — has raised a big round of funding to double down on its own slice of the market.

Supplier Payments Fintech Melio Raises $110 Million at $1.3 Billion Valuation Melio, founded by CEO Ilan Atias, and COO Ziv Paz, has raised $110 million at a valuation of $1.3 billion. Melio allows businesses to digitally pay their invoices for free using a bank transfer or debit cards.  The funding round was led by Coatue bringing Melio’s total funding in 2020 to $240 million and $256 million since launch in 2018. Investors from earlier rounds include Accel, Aleph, Bessemer Venture Partners, Corner Ventures, General Catalyst, and Latitude. Salesforce and American Express Ventures also i...

ADVERTISEMENT ADVERTISEMENT Kirkland Guides Venture-Affiliated SPAC's $350M IPO Law360 (December 17, 2020, 6:54 PM EST) -- A special purpose acquisition company affiliated with venture capital firm Corner Ventures began trading Thursday after a $350 million initial public offering led by Kirkland & Ellis LLP, with plans to target tech-savvy startups willing to go public through a blank-check merger. Corner Growth Acquisition Corp.'s units started trading on the Nasdaq under the symbol "COOLU," where they closed at $10.35 apiece on Thursday evening. Corner Growth raised $350 million in the IP...