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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

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Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part. When Mambu launched in 2011, we knew the future of banking would have to be built on agile and flexible technology,” Eugene Danilkis , co-founder and CEO of Mambu, said in a press release.

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Financial Services Platform SoFi Plans IPO Via SPAC

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Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities. V to file an initial public offering (IPO). . billion in cash proceeds.

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Prescription Drug Discounter GoodRx Launches IPO

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Founded in 2011, GoodRx gathers drug prices on more than 70,000 U.S. technology private equity firm, invested in it. “We want to make it as straightforward and clear as possible. We literally have billions of prices in our database. The idea is to optimize the best prices for a given drug, depending on the location of the user.”.

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Top News In Payments: US Backers Rain Money On Savvy Startups; Toyota Designs Japanese Smart City

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In today’s top news, 2019 is on track to be the second-best year after 2011 for startups worth over $500 million, Toyota unveiled plans for a smart city in Japan, and ExxonMobil and Fiserv have teamed up to let people pay with Alexa at the gas pump. US Backers Rain Money on Savvy Startups. Toyota Engineers Blueprint Japanese Smart City.

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Accolade To Buy 2nd.MD To Boost Telehealth Options

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Healthcare technology company Accolade is buying telemedicine startup 2nd.MD billion in venture capital funding in 2020, which was a 29 percent boost over the previous year, according to CNBC. was founded in 2011, CNBC reported. Over the course of the pandemic, more Americans have come around to telehealth technology.

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Built In Job Search Tool Gets $22M For Expansion, Development

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Built In , a platform connecting professionals with technology companies across the country, has announced it raised $22 million in Series C funding. Founded in 2011, Built In helps more than 1,800 customers connect with over 1 million technology professionals each month.

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eBay Snags Former Amazon Alexa Executive

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In addition, eBay appointed Mazen Rawashdeh senior vice president and chief technology officer, the company announced in a press release. Thompson has more than 20 years of experience building new products and services across a range of industries and technologies.

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