Fintech platform TIFIN said on Thursday it had raised $109 million in fresh capital in a late-stage funding round, with investments from Franklin Resources and J.P. Morgan Asset Management, that valued the firm at $842 million.
The new series D round also saw investments from private equity firm Motive Partners and Hamilton Lane.
TIFIN said its valuation has jumped several fold since its series B and series C rounds, which valued it at $184 million and $447 million, respectively.
Read more: Yahoo Finance
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