{"id":62009,"date":"2022-05-25T16:22:15","date_gmt":"2022-05-25T13:22:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62009"},"modified":"2025-09-05T15:29:04","modified_gmt":"2025-09-05T12:29:04","slug":"babel-finance-raises-80-million-at-a-2-billion-valuation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/babel-finance-raises-80-million-at-a-2-billion-valuation\/","title":{"rendered":"Babel Finance raises $80 million at a $2 billion valuation"},"content":{"rendered":"<p>Crypto-financial services provider Babel Finance has closed a US$80 million Series B round. The round valued the company at US$2 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Babel Finance closes US$80 million Series B fundraising round at US$2 billion valuation<\/p>\n<p>Full article here: <a href=\"https:\/\/t.co\/tYHcpGBlQD\">https:\/\/t.co\/tYHcpGBlQD<\/a> <a href=\"https:\/\/t.co\/xTvJnBodbD\">pic.twitter.com\/xTvJnBodbD<\/a><\/p>\n<p>\u2014 Babel Finance (@BabelFinance) <a href=\"https:\/\/twitter.com\/BabelFinance\/status\/1529444076818673664?ref_src=twsrc%5Etfw\">May 25, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Leading investors were Jeneration Capital and 10T Holdings. The firm was also backed by Circle Ventures, a number of Southeast Asian family offices, and existing shareholders Dragonfly Capital and BAI Capital.<\/p>\n<p>The company\u2019s main lines of business are crypto lending and trading, with a focus on servicing institutional investors. The company counts around 500 clients, including institutional investors.<\/p>\n<p>By the end of 2021 the firm <a href=\"https:\/\/u1f987.com\/en\/news\/babel-finance-raises-40-million-from-sequoia-capital-china-dragonfly-and-other-investors\">raised $40 million<\/a> in a Series A round. Since then, Babel Finance&#8217;s headcount has grown from 50 to more than 170.<\/p>\n<p>Earlier, in September the company <a href=\"https:\/\/u1f987.com\/en\/news\/babel-finance-opens-singapore-unit-to-push-expansion-into-asia\">opened its headquarters in Singapore<\/a>. The unit was led by former Bank of Singapore employee Shanshan Yu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto-financial services provider Babel Finance closed a US$80 million Series B round. The round valued the company at US$2 billion.<\/p>\n","protected":false},"author":1,"featured_media":62010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1133],"class_list":["post-62009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=62009"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62009\/revisions"}],"predecessor-version":[{"id":62011,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62009\/revisions\/62011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/62010"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=62009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=62009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=62009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}