– Canva – a global visual communications platform based in Sidney, Australia – raised USD $200m in a funding round which valued the company at USD $40b.
– The round was led by T. Rowe Price with participation from new and existing strategic investors Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, and AirTree Ventures.
– The company intends to use the funds to accelerate growth, including expanding its team of more than 2,000 employees, which it is expected to double in the year ahead.

– Chime is a San Francisco, CA-based fintech company which provides mobile banking services via regional banks.
– The company raised $750m in funding.
– The round was led by Sequoia Capital Global Equities and attracted new investor – SoftBank’s Vision Fund 2 as well as existing investors General Atlantic, Tiger Global and Dragoneer Investment Group.
– The new investment will be aimed at expanding the company’s business reach.