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Already have an account? Log InThe reported stake divestment by General Atlantic marks a ~15% uplift over the TikTok parent's valuation in a November share auction.
The secondary share sale reportedly allows eligible employees to sell up to 25% of their vested shares in the wearable technology startup.
Salica Investments also participated in the secondary share sale, which valued the UK-based wealth management platform at $1.1 billion.
The digital bank has reportedly kicked off its employee liquidity event, pricing shares at $2,017 each.
The Series H round will combine primary and secondary capital, giving the fintech a post-money valuation of $4.5 billion.
Anchored by a stake in TikTok parent ByteDance, the multi-asset CV reportedly drew backing from Abu Dhabi's Lunate, among others.
The pre-IPO funding round, which included a mix of primary and secondary capital, reportedly valued the dairy producer at $1.1 billion.
The payment solutions provider's follow-on funding was secured from WestBridge Capital.
The Chinese technology giant is reportedly expected to have a valuation of at least $350 billion.
The secondary share sale benefited 259 current and former employees of the customer engagement platform.