Take it to the BVNK

Acquisitions

Summary

Fortune reports that Coinbase and Mastercard have shown interest in acquiring BVNK, a London-based stablecoin platform. BVNK helps companies use stablecoins for cross-border transactions and treasury transfers. The company raised $50 million last December and is now valued at about $750 million. The piece also places the news in context by noting Stripe’s recent acquisition of stablecoin startup Bridge. Separately, the same article includes other startup funding and hiring news, but BVNK is the core acquisition story.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Financial Software Payments Infrastructure

Linked Companies

Bridge
up to $1M