This week's list of top stories include:

Apple Acquires Credit Kudos

• One source said the deal valued Credit Kudos at about $150 million, a significant uplift on its last funding round.
• startup offers insights and scores on loan applicants drawn from bank data
• Tink and Aiia bought by Visa and Mastercard previously
• Unknown what Apple has planned

FTX Invests $100M in Banking App Dave, Forms Partnership for Crypto Payments

• FTX US will serve as the exclusive partner for any crypto offerings offered by Dave.
• $100 million investment from FTX Ventures was through a convertible note, a type of short-term debt.
• currently exploring how to introduce digital asset payments onto Dave’s platform.

Katie Haun debuts Haun Ventures with $1.5B in capital to back crypto startups

• Haun Ventures
• $1.5 billion in capital across two funds — a $500 million early-stage fund and a $1 billion “acceleration” fund.
• “We believe the next generation of the internet deserves a new generation of investors,” Haun wrote in a blog post announcing the fund.
• Haun Ventures will aim to lean into regulatory expertise as one of the firm’s defining advantages

Ramp confirms new $8.1B valuation after ‘a nearly 10x’ YoY increase in revenue

• secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion.
• “Ramp is an example where we invested early then continued to double down as we saw the rapid velocity of execution and unprecedented customer adoption,” Founders Fund’s Keith Rabois said.
• “close to a 10x” bump in revenue year-over-year in 2021.

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