TransferWise, a London, UK-based money transfer company, announced a secondary sales amounting to a total of $319m at a new valuation of $5 billion.
The round allowed shareholders and employees to sell some of their holdings to other new and existing investors.
The round was led by existing investors Lone Pine Capital and new investors D1 Capital Partners. Vulcan Capital also came on board as a new investor. Baillie Gifford, Fidelity Investments and LocalGlobe expanded their existing holdings. To date, the company has attracted over $1 billion in primary and secondary share sale transactions.
