Crypto startup BVNK has raised $40 million in Series A funding at A valuation of $340 million, led by Tiger Global

BVNK, A crypto startup, announced on May 12 that it closed A $40 million Series A funding round at A post-investment valuation of $340 million, led by Tiger Global. Investors included The Raba Partnership, Avenir, Kingsway Capital, Nordstar, Concentric, and Base Capital. BVNK provides banking and payment services for crypto native businesses. BVNK's customers can accept payments in both regular and cryptocurrency currencies, and the service now supports hundreds of different currencies and crypto assets.