Global Processing Services extends fundraising round with another $100 million %

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Global Processing Services extends fundraising round with another $100 million

January 13, 2022, 5:15AM EST · 1 min readPayment tech company Global Processing Services said on Thursday that it had increased its latest fundraise by $100 million, taking the total raised in its latest round to $400 million.

GPS’s technology and partnership approach has helped scale some of the largest fintech firms, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank, and Paidy, among others. The company has issued over 190 million physical and virtual cards, and last year processed more than 1.3 billion transactions, generating record revenues.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah this can only be possible with crypto

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Get a pair of Sennheiser’s premium Momentum 2 earbuds with $100 offIf you’re searching for a good pair of earbuds but don’t want to stick to the regular players on the market, today’s your lucky day!
Source: PhoneArena - 🏆 322. / 59 Read more »

Oil prices could hit $100 as demand outstrips supply, analysts sayOil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude above $100 a barrel.
Source: Reuters - 🏆 2. / 97 Read more »

WSJ News Exclusive | Government Losses on Student Debt Climb Above $100 Billion Amid Pause on PaymentsWith costs mounting, congressional Republicans have asked the Education Department to release documents related to how the government calculates projected losses from students defaulting on loans. Honestly doesn't seem like that much, given what they waste already. That appears to be a lie... If they’re hurting for a few billion, they could just print more money. That seems to have worked out so far. Inflation is only at 6.9%.
Source: WSJ - 🏆 98. / 63 Read more »

Biden White House adviser stresses that inflation is global phenomenon, highlights 'some welcome deceleration'Top White House economic adviser Brian Deese on Wednesday addressed new data that showed inflation at a nearly 40-year high, telling reporters that...
Source: MarketWatch - 🏆 3. / 97 Read more »

Analysis: Citi's Banamex unit could receive bids from Mexico moguls, global banksAfter Citigroup Inc on Tuesday announced plans to sell its Mexican consumer banking business, analysts said homegrown billionaires such as Carlos Slim and Ricardo Salinas Pliego were among front-runners to buy the Citibanamex assets.
Source: Reuters - 🏆 2. / 97 Read more »

Schools wait for supplies during global delaysThe second part of the school year is starting for students all over Northeast Ohio and that means some school supplies need to be replenished.
Source: WEWS - 🏆 323. / 59 Read more »