TCV and Blackstone back Pennylane at $4.25bn valuation
Wednesday, March 4, 2026 · first reported by Private Equity Insights
TCV and Blackstone co-invested in Pennylane, a fintech platform, in a financing round that valued the company at $4.25 billion. This demonstrates significant venture capital deployment by two major institutional investors.
- Firm
- TCV
- Also named
- Blackstone
- Asset class
- Venture
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Coverage
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