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

PYMNTS

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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Wells Fargo Invests In DadeSystems With Series D Round

PYMNTS

Florida-based receivables FinTech DadeSystems has announced additional funding by Wells Fargo Strategic Capital as part of a Series D round. ” The additional funds will help DadeSystems expand DadePay and its portfolio of technology solutions that offer businesses a streamlined platform to accept and reconcile payments and remittances.

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Financial Services Platform SoFi Plans IPO Via SPAC

PYMNTS

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

PYMNTS

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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Data Enablers: Neo Technology Off The Charts

PYMNTS

That’s Neo Technology’s specialty. The company created Neo4j — an open-source graph database technology that has become the world’s leading graph database — in 2007, and the technology now serves over 200 clients including eBay, Walmart, IBM, and NASA. PYMNTS: Why was the company founded? What was the grand idea that sparked it?

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

PYMNTS

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

PYMNTS

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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