Oxygen, a neobank for freelancers and small businesses, in talks to raise funds at over $500 million valuation

Oxygen, a neobank for freelancers and small businesses, in talks to raise funds at over $500 million valuation

3 years ago
Anonymous $FNmJglWnLu

https://techcrunch.com/2021/11/12/oxygen-a-neobank-for-freelancers-and-small-businesses-in-talks-to-raise-funds-at-over-500-million-valuation/

Oxygen, a startup that is bringing digital banking services to freelancers and micro- and small-sized businesses, is in talks to raise a new round at a valuation of over $500 million, two sources familiar with the matter told me.

The San Francisco-headquartered firm is in advanced stages of talks to raise about $70 million, the sources said. London-based Tribe Ventures is in talks to lead Oxygen’s Series B round, the sources added, requesting anonymity because the details are private.

Oxygen, a neobank for freelancers and small businesses, in talks to raise funds at over $500 million valuation

Nov 12, 2021, 7:16pm UTC
https://techcrunch.com/2021/11/12/oxygen-a-neobank-for-freelancers-and-small-businesses-in-talks-to-raise-funds-at-over-500-million-valuation/ > Oxygen, a startup that is bringing digital banking services to freelancers and micro- and small-sized businesses, is in talks to raise a new round at a valuation of over $500 million, two sources familiar with the matter told me. > The San Francisco-headquartered firm is in advanced stages of talks to raise about $70 million, the sources said. London-based Tribe Ventures is in talks to lead Oxygen’s Series B round, the sources added, requesting anonymity because the details are private.