Oxygen in talks to raise funds at over $500 million valuation

Oxygen, a startup that is bringing digital banking services to freelancers and micro- and small-sized businesses, is in talks to raise a new round at a valuation of over $500 million, according to TechCrunch.

The San Francisco-headquartered firm is in advanced stages of talks to raise about $70 million, the sources said. London-based Tribe Ventures is in talks to lead Oxygen’s Series B round.

Read more: TechCrunch