Ibanera: Raises $18 million at discounted valuation
Ibanera: Raises $18 million at discounted valuation
- Ibanera is a digital banking and payments company with global reach, developing tailored solutions for banks
- Emerchantpay Limited is a European-based payments company licensed by the Financial Conduct Authority in the United Kingdom
- Reached an agreement for an $18.5 million capital investment at a discounted valuation of $195 million
- Launched its new digital banking and payments platform powering its payment APIs
- Payments architecture represents next-gen Distributed Ledger Technology-based banking that removes the complications
- Cryptocurrencies are no longer for speculation by risky traders, but instead, represent the transition of Web2
