Tiger Global is an investment firm focused on private and public companies across internet, software, and financial technology sectors.
The Series C round values the cloud payments provider at $15bn and was joined by Greenoaks Capital alongside existing investors.
"Payments affect everything from the customer journey to a business’s ability to enter new markets or launch new products."
Dawn Capital and Tiger Global Management co-led the round, which will fund team expansion.
"Despite significant investments in data-focused technologies and teams over the last decade, most enterprises are still unable to deliver targeted outcomes from data in a timely and scalable manner. The secure data sharing and collaboration capabilities of Harbr’s enterprise data exchange platform fast-track those outcomes,"
The Series B round was led by IVP and Tiger Global with participation from Coatue, DFJ Growth, Accel, Northzone, Salesforce Ventures, and Seedcamp.
"Hopin is the fastest-growing company we have seen at this stage and has meaningfully exceeded its plan since our last investment in June,"
Stripes led the Series C round alongside participation from Coatue, Tiger Global, BoldStart, Trend Forward, Amity and Salesforce Ventures.
Oak HC/FT led the financing round, which will fund network expansion and product development.
"Global commerce is at a critical inflection point as businesses are pressed to launch new applications, process and accept local payment methods, disburse funds, and manage risk and compliance so they can offer highly localized customer experiences without having to build their own infrastructure. The expectation today is that this must happen around the world in order to drive growth into new markets. As more than half of all transactions worldwide are facilitated via bank transfers and cash, merchants find it increasingly difficult to digitally enable local payment methods and process cross-border sales that are required for international expansion."
