Tuesday, November 12, 2019

Interswitch, a Nigeria-based digital payments startup, says Visa has acquired a minority stake, reportedly for $200M, at a $1B valuation, plans IPO in H1 2020 (Jake Bright/TechCrunch)

Jake Bright / TechCrunch:
Interswitch, a Nigeria-based digital payments startup, says Visa has acquired a minority stake, reportedly for $200M, at a $1B valuation, plans IPO in H1 2020  —  Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the firm.



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Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Cantor holds most of Tether's $134B in assets (Wall Street Journal)

Wall Street Journal : Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Canto...