Tag: Lone Pine Capital

Patreon triples valuation to $4 billion in new raise

Patreon has tripled its valuation to $4 billion in a $155 million funding round led by Tiger Global, the company confirmed to the Wall Street Journal on Tuesday.  The creator economy platform, which allows artists to be directly funded by their fans, received new attention amid the Covid-19 pandemic as…

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Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank

Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of…

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