Bakkt Raises $300mn Series B from Microsoft and PayU

·Mar. 17, 2020·1 min read

Digital asset services fintech Bakkt has raised a $300mn series B from Microsoft’s venture capital arm M12 and fintech PayU; additional investors in the round include Boston Consulting Group, Goldfinch Partners, CMT Digital, Pantera Capital and Bakkt’s parent firm Intercontinental Exchange (ICE); the company is working on launching an app that will convert cryptocurrencies and digital assets into cash through and e-wallet; the new capital will also help to fund the recent acquisition of Bridge2 Solutions, a SaaS platform for merchant and consumer loyalty solutions. Fintech Futures

Emily Donato

With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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Bakkt Raises $300mn Series B from Microsoft and PayU

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