1. Whop raises $200 million in Series D funding at a $5.1 billion valuation

Whop raises $200 million in Series D funding at a $5.1 billion valuation

Business

  • Whop, runs an online business platform and digital marketplace, announced a $200 million Series D round.
  • The round was led by Sequoia and Shopify Ventures and values the company at $5.1 billion.
  • It is Whop’s second raise this year, after a Tether investment at a $1.6 billion valuation in February.
  • Whop said the funds will go towards global expansion and research into payment and advertising markets.

Source: marketwatch.com

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