Payment-focused blockchain Tempo completes $500 million Series A financing

Jinse Finance reported that Tempo, a blockchain project focused on payments and backed by fintech giant Stripe and blockchain venture capital firm Paradigm, announced the completion of a $500 million Series A funding round. Venture capital giants Greenoaks and Joshua Kushner's Thrive Capital led the round, which values Tempo at $5 billion. Sequoia Capital, Ribbit Capital, and Ron Conway's SV Angel also participated.