[Lead Bank raises $70 million at a valuation of $1.47 billion] Lead Bank, a Missouri bank with a 97-year history, is restructuring to serve fintech and Crypto Assets companies. The company has raised $70 million at a valuation of $1.47 billion, nearly double last year's valuation, aimed at expanding its balance sheet and customer base.
The bank stated that Silicon Valley's most well-known investors Andreessen Horowitz and Khosla Ventures, along with other existing investors (including Ribbit Capital, Coatue, and Zeev Ventures), participated in this round of financing. Newcomers Iconiq Capital and Greycroft also participated in this round of financing.
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Lead Bank raises $70 million at a valuation of $1.47 billion.
[Lead Bank raises $70 million at a valuation of $1.47 billion] Lead Bank, a Missouri bank with a 97-year history, is restructuring to serve fintech and Crypto Assets companies. The company has raised $70 million at a valuation of $1.47 billion, nearly double last year's valuation, aimed at expanding its balance sheet and customer base. The bank stated that Silicon Valley's most well-known investors Andreessen Horowitz and Khosla Ventures, along with other existing investors (including Ribbit Capital, Coatue, and Zeev Ventures), participated in this round of financing. Newcomers Iconiq Capital and Greycroft also participated in this round of financing.