Whop, the technology company on a mission to deliver everyone a sustainable income, announced a $200 million Series D at a $5.1 billion valuation, led by Sequoia and Shopify Ventures. The new capital will accelerate Whop's global expansion and R&D efforts to make payment and advertising markets radically more efficient. This round marks Whop's second fundraise this year following an announcement of a $200 million strategic investment from Tether at a $1.6B valuation in February 2026.