Amount$100M
Post-money valuation$2.5B
SeriesSecondary Transaction
AnnouncedJan 13, 2021
SectorPayments, Fintech
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
Party round (12 investors) — diffuse ownership and signal.
Insider conviction
12 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Secondary Transaction rounds (26)
Round size distribution62th pct
smaller Secondary Transaction roundslarger
Post-money valuation82th pct
$33Mthis round: $2.5B$2.6B
vs. Payments, Fintech (6)
Round size in sector50th pct
$40Mthis round: $100M$500M
