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

Digital banking startup Mercury has raised $300 million in primary and secondary funding 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 [...]