“London payments start-up GoCardless has tapped up JPMorgan to lead a fund-raising process that will likely see the firm reach unicorn status, the Standard can reveal. JPMorgan is understood to be in the early stages of working on a funding round for the 10-year-old business . A source in the market suggested GoCardless could be seeking around £200 million. The company last raised money in December 2020 when investors including Bain Capital put in $95 million. GoCardless was valued at $970 million in the deal . New funding would likely see the business become a unicorn — a private tech firm worth over $1 billion. JPMorgan and GoCardless declined to comment.”