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23.12 - 07:23
Nydig raises $1 billion at $7 billion valuation
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finextra.comNydig has been progressiely embedding its technology into major suppliers of banking systems, including Alkami, Allied, CSI, FIS, Fiserv, Jack Henry, and Q2, to enable financial institutions to offer their customers crypto payment services.
The company has also forged partnerships to power products from leading fintech companies including Upgrade's Bitcoin Rewards Card, which now accounts for close to 10% of the firm's new card issuance.Nydig in November acquired social media-focused micropayments app Bottlepay and in March raised $200 million in a funding round led by Morgan Stanley and Soros Investment Fund.Robert Gutmann, co-founder and CEO of Nydig, comments: "Our roster of partnerships and strategic investors lays the foundation for
. Read more on finextra.comAbout this in other media
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