Ribbit Capital is a global investment organization with a single, unwavering mission: to transform the world of finance.
According to BeInCrypto, traditional finance giant Mastercard has joined the Blockchain Security Standards Consortium (BSSC) as a founding member, participating in the development of security frameworks for blockchain networks and tokenized assets, and joining a working group focused on security and privacy guidelines. The BSSC is a nonprofit consortium whose current members include Coinbase, Fireblocks, Anchorage Digital, BitGo, Figment, and Ribbit Capital. Claire Le Gal of Mastercard will represent the company on the BSSC Board. The report notes that Mastercard has previously launched its Multi-Token Network and Crypto Credential products.
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Odaily News: Digital banking platform for businesses, Slash, announced the completion of a $100 million Series C funding round. The round was led by Ribbit Capital, with participation from Goodwater Capital and Khosla Ventures. The post-money valuation is approximately $1.4 billion, bringing the total funding raised to $160 million. Slash claims to serve over 5,000 business clients, offering services including corporate accounts, virtual accounts, stablecoin payments, expense management, bookkeeping automation, and real-time payments. The company stated that the new funds will be used to accelerate product iteration and advance its strategy of positioning the "bank account as the command center for corporate finance."
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