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GoCardless Valued at $2.1 Billion After Raising $312 Million

  • Funding led by Permira, with BlackRock unit participating
  • Company processes more than $25b in transactions per year
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U.K. financial technology startup GoCardless raised $312 million in new funding to speed up its expansion in open banking across products and geographies.

The company was valued at $2.1 billion in the deal, more than double the figure investors gave it during a funding round in December 2020, the company said in a statement on Tuesday.