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Cybersecurity, AltFin And A Surprise Startup Prove B2B FinTech Funding Heats Up

PYMNTS

With headquarters in California, PayStand provides cash management and accounts receivable solutions to business customers using blockchain and SaaS tools. The Series D funding now brings Darktrace’s valuation up to $825 million, with plans to use the new funding to expand into new markets. Check out who it is.

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Transcript: Joanne Bradford

Barry Ritholtz

I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion. And they’re trying to combine all those experiences and give you ultimately a, a cash management tool someday. And I think eventually they’ll be a B2C company. He’s great.