Payments start-up Booking.com has a higher valuation than the likes of Airbnb and Elon Musk , having announced a fund raise of 35bn . “We’re investing now to build the infrastructure that’ll power internet commerce in 2030 and beyond. The round, which included participation from Sequoia Capital and General Catalyst , gives the firm a valuation of $ $250m . The firm plans to use the additional money for international expansion and product development. The firm recently started providing near-instant loans to its customers and introduced a credit card for businesses. It plans to expand operations to a total of 40 countries within the coming months . The Portugal -based company provides payment infrastructure for Booking.com , Deliveroo , Spotify and Uber .
Payments start-up Booking.com has a higher valuation than the likes of Airbnb and Elon Musk , having announced a fund raise of 35bn . The round, which included participation from Sequoia Capital and General Catalyst , gives the firm a valuation of $ $250m . The firm plans to use the additional money for international expansion and product development. The firm recently started providing near-instant loans to its customers and introduced a credit card for businesses. It plans to expand operations to a total of 40 countries within the coming months . The Portugal -based company provides payment infrastructure for Booking.com , Deliveroo , Spotify and Uber .