Venture capital firm Ribbit plans $600m fintech Spac
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
The new round of funding values the company at $7.6 billion.
Prior investments include Coinbase, Nubank, Revolut and Robinhood.
Investors continue to show strong interest in fintech-based payments services providers, as Visa acquires an equity share in fast-growing Swedish e-commerce specialist Klarna, and startups Revolut and Tango Card land significant financing rounds.