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
This article is for subscribers only.
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.