Satispay— an innovative payment super network —announces a €320 million Series D investment round, led by Addition, taking its valuation to more than €1 billion. Greyhound Capital, shareholder since 2018, will follow and increase its stake in the company. Other participating investors include Coatue, Lightrock, Block Inc., Tencent and Mediolanum Gestione Fondi SGR, who all joined in 2021.
Silicon Valley Bank (SVB) UK has announced further Nordic expansion with the establishment of a representative office in Stockholm. SVB previously opened an office in Denmark in late 2019.
With inflation and rising interest rates increasing financial anxiety among Canadians, debit network Interac has come up with a novel way to soothe shoppers, releasing a music track designed to promote mindful spending.
New global market research from IBM (NYSE: IBM) revealed that more than 77% of respondents have adopted a hybrid cloud approach which can help drive digital transformation, yet the majority of responding organizations are struggling with the complexity to make all their cloud environments work together. As organizations face skills gaps, security challenges and compliance obstacles, less than one quarter of respondents across the globe manage their hybrid cloud environments holistically – which can create blind spots and put data at risk.
