There’s more funding for Blockchain related startups this week as Stratumn scores €600,000 for its development platform, designed to provide the infrastructure to help ideas take flight. The company says it wants to remove barriers to building, deploying and running blockchain apps. The backing will help the company more than double its team from five to 12 as it aims to boost its prominence in the European blockchain space.
Funding comes from Optium Venture, also French, as well as blockchain angel Eric Larcheêque, the CEO of Ledger and founder of Maison du Bitcoin. The team is headed up by CEO Richard Caetano from California who is behind iPhone app btcReport with Stephan Florquin as CTO, who was lead developer for French bitcoin exchange Paymium.
Stripe, the biggest fintech company in the US, is about to consolidate its position at the top by almost doubling its valuation to $9.2 billion following Series D funding.
Payoneer, the international money transfer company, has completed a strong funding round, raising $180m through equity financing.
Remitly, an independent US-based remittance company, has received $38m in new funding through equity and debt financing from IFC and Silicon Valley Bank.
Metromile has just landed nearly $200m in Series D funding for its auto insurance payments platform.