A few months after raising $1 billion, payments startup Checkout.com has announced that it plans to acquire French startup Ubble, which operates a remote identity verification service. With this acquisition, Checkout.com is adding a new product to its suite of financial products. For Checkout.com customers, it means that they don’t have to outsource digital identity verification to another company.
Cryptocurrency startup BVNK (pronounced ‘bee-vee-en-kay’) has closed a $40 million Series A funding round at a $340 million post-money valuation. BVNK signed its term sheet last month. Companies using BVNK can accept payments in both fiat and cryptocurrencies, hold hundreds of different currencies and crypto assets, and send funds all around the world.
An appeals court judge said social networks are not websites but 'internet providers.'
