SA国际传媒

Bay Area fintech startups are cashing in this week.

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础虫颈辞蝉鈥� reported this morning that consumer credit startup at a $2.9 billion post-money valuation. The Series F round takes the San Francisco-based company鈥檚 total funding over time to . Its last raise was a $200 million n December 2017.

, Fidelity, , and participated in the latest financing, according to Axios.

co-founder helped launch Affirm in 2012 to provide consumers a replacement for credit cards. The mobile app offers installment loans to consumers at the point of sale.

Also, yesterday, Palo Alto-based announced an $88M funding round led by with participation from , and others. The round takes Bill.com鈥檚 total venture raised over time to just , according to its SA国际传媒 profile.

That round also catapulted Bill.com to unicorn status with a valuation of more than $1 billion, according to . Founded in 2006, Bill.com is a cloud-based business payments and software platform focused on the SMB market.

Founder and CEO diverted questions from the about whether the company is profitable yet or when it might plan to go public, telling reporter Cromwell Schubarth that the company鈥檚 current focus 聽“is about building and solving the biggest pain points for customers and doing the right thing for businesses.鈥� In a press release, Lacerte said the company automates payments and back office business processes to help its customers achieve 鈥渟ignificant efficiencies and cost savings.鈥�

Currently, more than three million members pay or are getting paid with Bill.com, according to the company, which manages more than $60 billion in annual payments.

In October 2018,聽, a (also Bay Area-based) provider of credit cards for startups, raised $125 million in a that also gave it unicorn status with a $1.1 billion valuation. (Read more about that .)

滨濒濒耻蝉迟谤补迟颈辞苍:听