Neobank Dave has reached an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note it issued to FTX Ventures in 2022 (Ana Paula Pereira/Cointelegraph)
Ana Paula Pereira / Cointelegraph:
Neobank Dave has reached an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note it issued to FTX Ventures in 2022 — Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators.
http://www.techmeme.com/240106/p14?utm_source=dlvr.it&utm_medium=blogger#a240106p14
Neobank Dave has reached an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note it issued to FTX Ventures in 2022 — Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators.
http://www.techmeme.com/240106/p14?utm_source=dlvr.it&utm_medium=blogger#a240106p14