Paypal Backs Expense Management Fintech Divvy to Unicorn Valuation at $1.6 billion

Bloomberg | Jennifer Surane | Jan 5, 2021 Divvy, the financial-technology company that offers corporate cards and expense-management software to small businesses, said it’s now valued at $1.6 billion after raising money from investors including PayPal Holdings Inc. The $165 million fundraising round, which also included participation from previous backers including NEA and Pelion Venture

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