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Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B
- Fintech startup Mercury has raised $300 million in Series C funding, led by Sequoia.
- The funding round has doubled the company's valuation to $3.5 billion.
- Mercury has reported $500 million in revenue in 2024 and 10 consecutive quarters of profitability.
- The company plans to launch a consumer banking product and expand its employee headcount.
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