Search Results for "Sequoia Capital"
6 results for "Sequoia Capital"
Deals 6
EDX Markets Applies to OCC for National Trust Bank Charter
EDX Markets Holding Company, backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, and others, filed an application with the OCC for a de novo national trust bank charter for EDX Trust, National Association. The proposed Chicago-based trust bank would provide digital asset custody, asset management, and settlement services exclusively for institutional clients. The application was made public on April 1, 2026.
Mercury Raises $300M Series C at $3.5B Valuation for Business Banking
Mercury, a business banking platform, raised a $300M Series C at a $3.5B valuation. The round was led by Sequoia Capital with participation from Spark, Marathon, Coatue, CRV, and a16z. Mercury provides banking infrastructure and services for startups and businesses, making it a significant embedded finance player.
Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion
Stripe acquired Bridge, a stablecoin infrastructure platform, for $1.1 billion in the largest crypto acquisition at the time. Bridge was founded by Coinbase and Square alumni and had raised $40 million led by Sequoia. The deal strengthens Stripe's ability to offer fast, low-cost stablecoin-based payments across chains like Solana, Ethereum, and Polygon.
Finix Raises $35M Series B to Build Payments Infrastructure Platform
Finix, a payments infrastructure startup, raised a $35M Series B led by Sequoia Capital. The company positions itself as the 'AWS of payment processing,' enabling businesses to own their payments stack. The round signals growing investor interest in the infrastructure layer powering embedded finance.
Razorpay Raises $75M Series C for India Payment Infrastructure
Indian online payments startup Razorpay raised $75 million in Series C funding led by Ribbit Capital and Sequoia Capital, valuing the company at approximately $450 million. Tiger Global and Y Combinator Continuity Fund also participated. Razorpay provides payment APIs enabling businesses to embed financial services.
Stripe Raises $245M at $20B Valuation for Global Expansion
Stripe, the payments API and infrastructure provider, raised $245 million at a $20 billion valuation in a round led by Tiger Global. Participants included DST Global, Sequoia, and others. The funds will support global engineering expansion as Stripe deepens its embedded payments platform for businesses worldwide.