Citigroup and Coinbase are partnering to develop digital asset payment solutions for institutional clients. This collaboration represents a significant step in traditional finance’s adoption of cryptocurrency infrastructure. The partnership focuses initially on fiat currency on-ramps and off-ramps.
Deel has reportedly secured $300 million in Series E funding co-led by prominent venture capital firms. The HR technology company claims profitability and over $1 billion in annual recurring revenue despite ongoing legal challenges with competitor Rippling.
According to recent reports, Deel has successfully raised $300 million in its latest venture round financing, with the company’s valuation reportedly reaching $17.3 billion. Sources indicate that the Series E round was co-led by prominent fintech investment firm Ribbit Capital and Andreessen Horowitz, with participation from existing investors including Coatue Management and General Catalyst.
In a landmark funding announcement that underscores the growing importance of global workforce management solutions, payroll technology company Deel has…
