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Tag Archives: henry ellenbogen

Rapyd Raises $20M from Durable Capital Partners at $1.2B Valuation

A growing trend in the financial technology world has been a continuous push towards consolidation where the bigger fish is acquiring the smaller fish. There is also an increasing number of interesting startups coming up. The acquisitions happen for the involved companies to enjoy enhanced economies of scale in a business model where all transactions bring incremental returns.However, on December 3, a startup that built the concept of consolidation into its basic DNA raised another funding...

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