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Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B
Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to
Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. Sequoia led the latest round – a Series C – alongside existing backers Coatue, CRV, Andreessen Horowitz and new investors Spark Capital and Marathon. Those additional features put the company in even more direct competition with the likes of Brex and Ramp, two rival fintechs that have for years been fighting for market share in an increasingly crowded space.
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