Wednesday, June 12, 2024
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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

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