Lead Bank, a Missouri-based lender focused on fintech and cryptocurrency services, has completed a $70 million financing round, achieving a valuation of $1.47 billion. This marks nearly a doubling of its valuation from the previous year. The funding round was led by prominent investment firms Andreessen Horowitz (a16z) and Khosla Ventures, with participation from Ribbit Capital, Coatue, Zeev Ventures, and new investors Iconiq Capital and Greycroft. The bank plans to use the funds to bolster its balance sheet and expand its operations within the fintech sector. Lead Bank's clientele includes notable companies such as Affirm Holdings Inc., Ramp Business Corporation, and Bridge, a stablecoin business recently acquired by Stripe Inc.