Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B

Digital banking startup Mercury has raised $300 million at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital – a $120 million Series B round in 2021 that valued the company at $1.62 billion post-money.  Sequoia led the […]

Mar 26, 2025 - 18:28
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Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B
Digital banking startup Mercury has raised $300 million at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital – a $120 million Series B round in 2021 that valued the company at $1.62 billion post-money.  Sequoia led the […]