Estimated reading time: 0 minutes, 22 seconds

Divvy’s 3rd VC Round in a Year Pulls in $200M

Sunday, May 05 2019
News
Written by  FinTech News Brief Staff
Divvy’s 3rd VC Round in a Year Pulls in $200M

Divvy, a fintech that helps businesses manage expenses, secured $200 million in its third venture round since last May. So reports Business Insider.

The Series C was led by NEA and also featured contributions from Insight Venture Partners and Pelion Venture Partners. It’s first two rounds totaled $45.5 million. The company has experienced rapid growth, with an increase in its client base of more than 300% in the last year.

Read the full article from Business Insider.

Read 3367 times
Rate this item
(0 votes)
More in this category: « BoA Patents Crypto Risk Detection System Fig Makes Fintech History with Community-driven Certification »

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline