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Unit hits $1.2bn valuation, which it claims makes it the first banking-as-a-service platform to reach unicorn status.
Email security company Abnormal Security has reached a $4bn valuation in just four years, following the close of its $210m Series C round.
Tailscale, a corporate VPN that helps remote teams securely access services they need, has netted $100m in its Series B funding round, which was led by CRV and Insight Partners.
Copper, a US bank which set out to become teens’ bank account of choice, has raised $29m in Series A funding.
Island, which gives enterprises the control of the browser to improve governance, visibility and productivity, has reached a $1.3bn valuation following the close of its Series B.
Sweden-based InsurTech Insurely has raised €19m in Series A funding led by New York-based global private equity and venture capital Insight Partners.
Genesis, which builds applications for financial markets organisations, has raised $200m in funding.