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Recursion s IPO generates $502 million

Utah Business On April 20, 2021, Recursion Pharmaceuticals, Inc. of Salt Lake City announced the closing of its initial public offering of 27,878,787 shares of its Class A common stock at a price to the public at $18.00 per share, a price at the top end of its expected pricing range. Recursion shares began trading on the Nasdaq Global Select Market on Friday, April 16, 2021 under the symbol “RXRX.” That day the share price surged, rising as much as 82 percent. In the past week Recursion shares have fluctuated between $25 and $35 per share, well above the $18 debut price. The offering has generated over $460 million for the company net of expenses.

New yorkUnited statesSalt lakeSalt lake cityUniversity of utahPalo altoSan franciscoChris gibsonJack borenRecursion pharmaceuticals incRecursion teamRecursion pharmaceuticalsNasdaq global select marketManaging directorEpic venturesLux capital

Brim Financial raises $25 million to grow FinTech platform

Brim Financial raises $25 million to grow FinTech platform Toronto’s Brim Financial has closed a $25 million CAD Series B as it looks to expand its FinTech “platform-as-a-service” technology. The round was co-led by Quebec-based Desjardins Group and United States (US)-based EPIC Ventures, and also saw participation from other Canadian and US investors including goeasy, White Owl, and Impression Ventures. The startup claims its tech and credit card infrastructure “leverages the company’s ability to directly access the payment rails as an issuer, enabling Brim to deliver a fundamentally transformative ecosystem of financial products for consumers and businesses.” Rasha Katabi, the CEO and founder of Brim Financial, said today’s digital environment has led many institutions to review how they interact with customers.

United statesRasha katabiMartin brunelleDesjardins groupBrim financialQuebec based desjardins groupWhite owlEpic venturesGo easyImpression venturesஒன்றுபட்டது மாநிலங்களில்மார்டின் ப்ருநெல்லேசேஜார்டின்ஸ் குழுவிளிம்பு நிதிக்வீபெக் அடிப்படையிலானது சேஜார்டின்ஸ் குழுவெள்ளை ஔல்

Brim Financial shifts course, raises one of largest venture fundings for female-led startup

Brim Financial shifts course, raises one of largest venture fundings for female-led startup
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Rasha katabiMichelle mcbaneChristian lassondeDesjardins groupBrim financial incAvis budget groupBrim financialQuebec based desjardins groupEpic venturesWhite owl capitalToronto based standup venturesImpression venturesCredit cardE commerceFinancial institutionsFemale led start up

MagicCube s i-Accept, the World s First Software-Based Replacement for Traditional Payment Terminals, Enables Smartphones as TAP & PIN POS for Brazilian Merchants

Share this article SÃO PAULO, March 11, 2021 /PRNewswire/ MagicCube, the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept™, a complete software-based replacement for traditional payment acceptance terminals, now available in Brazil. Through i-Accept™, acquiring banks and disruptive financial services institutions can now enable their merchants and retailers to accept contactless cards, including those from Visa®, Mastercard®, American Express® and Discover® (Elo s international partner), as well as capture financial PINs and other verification methods, without the need for additional hardware or terminals. This out-of-the-box functionality supports modern mobile and IoT connected devices and is made possible through MagicCube s next-generation security platform that s supported by all four major card networks.

United statesCosta ricaRozeta andresPedro paro netoElizabeth karlFernando pantaleSam shawkiAmerican expressSony innovation fundSoftware defined trustSecurity standards council board of advisorsNetwork worldMerchant solutionsLatin americaMastercard brazilPayments consulting

MagicCube s i-Accept, the World s First Software-Based Replacement for Traditional Payment Terminals, Enables Smartphones as TAP & PIN POS for Brazilian Merchants

MagicCube s i-Accept, the World s First Software-Based Replacement for Traditional Payment Terminals, Enables Smartphones as TAP & PIN POS for Brazilian Merchants
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United statesCosta ricaRozeta andresPedro paro netoElizabeth karlFernando pantaleSam shawkiAmerican expressSony innovation fundSoftware defined trustSecurity standards council board of advisorsNetwork worldMerchant solutionsLatin americaMastercard brazilPayments consulting