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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

Payment processor. HQ: Houston, Texas. Tags: Mobile, payments, API. Source: FT Partners. HQ: London, England, UK. Latest round: $20 million (at $100 million valuation). Total raised: $31 million. Source: Finovate. Restaurant point of sale system. HQ: Albuquerque, New Mexico. Latest round: $15 million Series A.

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Five at Five: Brookstone Ends Era With Bankruptcy

PYMNTS

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a bankruptcy filing by Brookstone , Apple surpassing the $1 trillion market cap milestone, Amazon getting hit by Italian regulators, Kroger launching delivery in key markets and the CSO of Facebook stepping down.

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The metaverse could be tech’s next trillion-dollar opportunity: These are the companies making it a reality

CB Insights

Base Hologram is using the tech to bring popular artists like Whitney Houston and Buddy Holly back to the stage, while Israel-based RealView Imaging renders holograms of a patient’s internal organs to help with surgical planning. . As a result, traditional payments companies will remain highly relevant. Economic infrastructure.

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