After funding round, up 49% in 14 months, Fintech firm Mercury hits $5.2 billion valuation

TL;DR

Reports differ across sources; according to finance.yahoo.com, may 20 (Reuters) - Mercury said on Wednesday it had raised $200 million at a $5.2 billion valuation in its latest funding round, led by investment firm TCV, as it seeks to attract AI-native founders and businesses as banking clients.