Andreessen Horowitz ? 😅😂🤡
What's their connection to Softbank , Rishi?
And what's YOUR's and Tony Blair's? #Softbank
"Andreessen Horowitz, SoftBank Lead $150M Raise for Metaverse Startup Improbable
The multiplayer services provider is accelerating its push into the metaverse."..
coindesk.com/business/2022/…
"Metaverse technology firm Improbable has raised $150 million led by Andreessen Horowitz and SoftBank's Vision Fund 2 to build a "network of interoperable Web 3 metaverses," dubbed M² "
"Digital Currency Group – CoinDesk's parent company – Mirana Ventures, SIG, Ethereal Ventures and CMT Digital, the crypto division of trading firm CMT Group, also participated in the round.".. 🤔
"Improbable describes itself as a provider of technology and services to support multiplayer virtual worlds to more than 60 global game publishers. Its large scale simulation platform also supports the U.K.'s defense mission.."..👀👀
M² will use Improbable's Morpheus Technology,
"Video gaming startup Improbable scores $150M to establish M² – bridging metaverse and blockchain"
techfundingnews.com/video-gaming-s…
Founded in 2012 by Herman Narula , Peter Lipka , and Rob Whitehead
"“M²’s technology enables developers to build and scale composable metaverses, solving a core need for our founders within the Alliance accelerator”, said Imran Khan, contributor at AllianceDAO ..."..
coindesk.com/business/2022/…
"Among the investors supporting M² are also Saranac partners, a private office for entrepreneurs and family capital, notably including Round13 DAF, Zinal Growth, the tech investment vehicle of Guillaume Pousaz, David E. Rutter." 🤔
Just putting this here for later🤫
R3 at the PGA
"Geneva-born entrepreneur Guillaume Pousaz and founder of the start-up Checkout.com has a net worth of $23 billion (CHF22 billion). His company, which is headquartered in London, has the highest market capitalization in the global fintech sector."
"Pousaz founded Checkout.com, a start-up specialised in payment transactions, in London in 2012. Since then, the company’s growth has been phenomenal. It provides services to the likes of Netflix , Pizza Hut, Adidas and Sony..".. 🍿🍿🍿
"In January 2022, it raised $1 billion in capital from big-name investors such as Franklin Resources and Tiger Global Management, bringing the start-up’s valuation to around $40 billion."..
"In addition to retailers, the company’s client base includes leading fintechs such as Sweden’s Klarna and Britain’s Revolut [I just knew it🤡😂🤦]
as well as the cryptocurrency trading platforms Coinbase (U.S.) and Crypto.com (Singapore).."..
"The start-up’s origins can be traced back to an earlier company, Opus Payments, founded by Pousaz in Singapore in 2009 to process payments for businesses in Hong Kong. ."..
swissinfo.ch/eng/business/s…
"The firm became profitable in 2011 following an agreement with the Chinese website Dealextreme .. In 2012, Opus Payments was rebranded as Checkout.com and registered in the United Kingdom.."..
archive.is/lvUYl
"Another breakthrough came about in 2013, when the company gained Visa and Mastercard membership."..
#Wirecard ? 🤫
"It then secured a leading position globally thanks to partnerships with the Chinese payment giants Alipay and WeChat ."..
WeChat ? 🤡
"By now, aiming for a stock market listing, the company had distanced itself from the pornography and gambling customers present at the beginning of its history."
Wait , what?
"in its early days, Checkout worked with clients that provide adults-only services including pornography and gambling, which at one point accounted for a significant amount of business, according to people familiar with the matter." - Bloomberg
bloomberg.com/news/articles/…
"The clients included companies like MindGeek SARL, the owner of websites like Pornhub.com, OnlyFans Ltd. and MondoCamGirls, a website that allows users to pay for live feeds of sexual content, the people said."
Qatar Investment Authority is another client of Checkout
🤔
Interesting 🧵on Checkout here👇
Binance and Checkout?
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