Announced
Completed
Financials
Sources
Tags
FinTech
financial technology
United States
Acquisition
Domestic
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
fintech
Synopsis
TPG Capital, a private equity firm, led a $300m Series F round in Acorns, an Irvine, California-based FinTech startup, with participation from Bain Capital, BlackRock, Galaxy Digital and Thirty Five Ventures. Acorns specializes in micro-investing and robo-investing. Following the transaction, the savings and investing app is valued at $1.9bn, more than double its last valuation, according to Acorns CEO Noah Kerner.
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