Lead Bank, a 97-year-old Missouri lender that is now restructuring to serve fintech and cryptocurrency companies, has raised $70 million at a valuation of $1.47 billion, nearly double last year's amount, in an effort to expand its balance sheet and customer base.
Andreessen Horowitz and Khosla Ventures, Silicon Valley's best-known investors, and other existing investors including Ribbit Capital, Coatue and Zeev Ventures participated in the round, the bank said. Newcomers Iconiq Capital and Greycroft also participated in the round.
Lead Bank raises $70 million at $1.47 billion valuation
2025-09-04 14:38:47
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