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Visa Acquires Currencycloud, Couchbase IPO Pricing, and More – Crunchbase News

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Visa buys Currencycloud with a valuation of $ 962 million

Visa announced it will acquire London-based Currencycloud, a global platform for banks and fintechs to provide cross-border payments, valued at £ 700 million ($ 962 million).

Currencycloud’s cloud-based platform provides a suite of  -Is that enable banks and financial services providers to offer currency exchange services, including real-time notifications of foreign exchange transactions, multi-currency wallets, and virtual account management.

Founded in 2012, Currencycloud has previously raised at least $ 160 million in known funds, according to Crunchbase data. Visa was the main investor in its final round, a $ 80 million Series E in January 2020.

Couchbase raises $ 200 million in IPO

Couchbase, a provider of NoSQL database technology to  -plication developers, raised $ 200 million on its initial public offering, which puts an initial valuation of around $ 1.2 billion. The company valued the shares at $ 24 each, which was above the forecast range of $ 20-23.

Financing rounds

YOOBIC raises $ 50 million for digital workplaces: YOOBIC, developer of a digital workspace for frontline teams, has closed a $ 50 million Series C funding round led by Highland Europe. The round brings total funding to $ 80 million for YOOBIC, which markets its technology to retail workers, restaurant workers, field workers and other types of frontline workers.

– Joanna Glasner

Illustration: Dom Guzman

Stay up to date with the latest financing rounds, acquisitions and more with the Crunchbase Daily.

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