Google Inc. (NASDAQ:GOOG), Google Inc. (NASDAQ:GOOGL) - Alphabet-Backed GoCardless Nears $1B Valuation In Latest Funding Round: CNBC
Share: London-based fintech start-up, GoCardless, is close to achieving a “unicorn” status after raising $95 million in fresh investments, CNBC reports. What Happened: GoCardless was valued at $970 million, based on the latest funding round where the fintech company raised $95 million from the venture capital arm of Bain Capital. GoCardless was founded in 2011, and it processes recurring direct debit payments for its business clients, for things like subscriptions, invoices, and installments. The firm has backing from venture capital arms of big companies like Alphabet Inc (NASDAQ:...