TechTaffy

tech:

taffy

Visa, PayPal extend partnership to Europe

By TechTaffy Desk

Visa and PayPal have inked an extension of their strategic partnership to Europe. The two companies are already collaborating in the U.S. and Asia Pacific for online, in-app and in-store payments.

PayPal – under its banking license in Europe – is joining the Visa network of client financial institutions, and will be able to offer Visa accounts in Europe. This means consumers and businesses can use their PayPal accounts to pay wherever Visa is accepted worldwide.

Visa and PayPal have also agreed to extend participation in the Visa Digital Enablement Program (VDEP) in Europe. VDEP provides Visa’s partners with access to tokenization technology, which enables payment on mobile phones or any connected device.

[Image courtesy: Visa]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.