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Bill.com Acquires Divvy For $2.5B To Enter The Spend Management Space

CB Insights

The company has offices in San Jose, Calif., and Houston, Texas. with a market capitalization of $10.7B. It serves over 115,000 customers in a network consisting of 2.5M Its customer base includes institutions like Cornerstone, Maxwell Money, among others. Its revenue in Q1’21 stood at $59.7M Want the full post?

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 FlexScore was bought by United Capital . HQ: Houston, Texas. HQ: San Jose, California. million, for an $11 billion annual run rate.

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