TransferWise Reaches $3.5 Billion Valuation After $292 Million Round -TechCrunch

Date : 05/22/2019 @ 7:42PM
Source : Dow Jones News
Stock : Blackrock, Inc. (BLK)
Quote : 440.12  -6.85 (-1.53%) @ 9:00PM

TransferWise Reaches $3.5 Billion Valuation After $292 Million Round -TechCrunch

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--Money transfer company TransferWise now has a valuation of $3.5 billion after a $292 million secondary financing round, TechCrunch reported.

--The round was led by Lead Edge Capital, Lone Pine Capital and Vitruvian Partners, TechCrunch reported.

--The report said the sellers included TransferWise employees.

Full story at https://techcrunch.com/2019/05/21/three-point-five-unicorns/

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 22, 2019 14:27 ET (18:27 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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