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Access here alternative investment news about Fintech Start-up Remitly Valued Near $1bn After Raising $220M
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Fintech Start-up Remitly Valued Near $1bn After Raising $220M

by siliconrepublic.com posted 1week ago 10 views
Seattle-based start-up Remitly announced this morning (10 July) that it raised $220m in equity and debt from a number of investors. In a break-down of the figure, TechCrunch reported that $135m of the funding was led by Generation Investment Management, while $85m was in debt from Barclays, Bridge Bank, Goldman Sachs and Silicon Valley Bank. A number of other investors participated in the equity round, including Prudential Financial, Schroder & Co Bank AG and Top Tier Capital Partners.

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