Amount$300M
Post-money valuation$2.5B
SeriesSeries D
AnnouncedJan 13, 2021
SectorPayments, Fintech
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series D round (3.8×).
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. Series D rounds (1,000)
Round size distribution89th pct
smaller Series D roundslarger
Post-money valuation69th pct
$65Mthis round: $2.5B$6B
vs. Payments, Fintech (6)
Round size in sector83th pct
$40Mthis round: $300M$500M
