Deals
TransferWise Valued at $3.5 Billion in Latest Fundraising Round
- BlackRock takes stake in $292 million sale of shares
- Co-founders will retain more than 80% of their stake
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TransferWise Ltd. leapfrogged fintech startups, more than doubling its valuation to $3.5 billion in a fundraising round that pushes back the need for an initial public offering.