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New Deal


Announced

Completed

Sequoia Capital led a $12m Series A round in Argent.

Financials

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Transaction Value£9m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Software

Minority

Single Bidder

software development

Cross Border

Acquisition

Friendly

United Kingdom

Private Equity

Private

Venture Capital

Synopsis

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Investment firm Sequoia Capital led a $12m Series A round in Argent, a digital wallet startup, with participation from Paradigm, Index Ventures, Creandum and Firstminute Capital. "Argent has systematically solved some of the biggest usability and security issues in crypto. Their team has a unique combination of cryptographic expertise and experience scaling mobile apps to tens of millions of users. We’re thrilled to partner with them as they help make crypto mainstream in the years ahead," Matt Huang, Paradigm Partner.

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