Topic: corporate banking
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Capital One Buys Brex at a Discount, Early Investors Reap Rewards
Capital One acquired fintech platform Brex for $5.15 billion, a significant discount from its peak $12.3 billion valuation, delivering a major financial victory for its earliest venture capital investors. The deal highlights a competitive divergence, as rival Ramp achieved a much higher valuation...
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TransBnk Raises $25M to Modernize India's Corporate Banking
India's corporate banking sector lags in digitization despite a large SME market, creating a modernization opportunity for more efficient financial tools. TransBnk, a fintech startup, offers a unified digital platform for corporate banking, recently securing $25 million in funding to expand inter...
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