News by FinTech Collective

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Avoka Completes $12 Million Capital Raising to Support Growth Plans

Sydney based financial services customer acquisition software provider Avoka has raised a $12m funding round from existing investors.

Funds raised will be used to support growth plans now underway in Australia, North America and Europe, with a focus on investment and...…

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Veritas Finance raises Rs 120 Cr Series B funding from CDC and Lok Capital

India based micro and small business lender Veritas Finance has raised a Rs 120 crore ($18.7m) Series B led by Lok Capital and CDC Group.

Veritas had raised its first institutional funding in April 2016 from Lok Fund II (Sarva Capital) and Caspian Impact Investment Adviser. ...…

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CrossBorder Solutions lands $6 mln Series A

New York based corporate tax software provider CrossBorder Solutions has raised a $6m Series A round led by Kennet Partners.

The founders of CrossBorder Solutions, Donald Scherer and David Bukovac, already made their mark in the New York tech community and were...…

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Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market

São Paulo based online secured lending platform Creditas has raised a $50m Series C round led by Vostok Emerging Finance.

So far, the company has originated about $100 million in collateralized loans. Furio’s company charges anywhere from 17 percent to 25...…

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Maxwell Closes New Funding Round to Accelerate Pace of Mortgage Innovation

Denver based B2B digital mortgage software provider Maxwell Financial Labs has raised a $3m funding round led by Anthemis Group.

According to the Mortgage Bankers Association, the costs to originate a mortgage have skyrocketed 80% in the last 7 years. The national...…

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Happay Raises $10 Mn Funding From Sequoia, Axiom Capital, Others

Bengaluru based business expense management startup Happay has raised a $10.1m Series B round led by Sequoia Capital India.

As per filings with the Ministry of Corporate Affairs (MCA), the investment was raised last month, against the allocation of 6,294...…

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Coinsquare Raises $10.5 Million Series A

Toronto based crypto trading platform Coinsquare has raised a $10.5m Series A led by an undisclosed global asset manager.

goNumerical-owned Coinsquare, a Toronto-based cryptocurrency platform for buying and selling bitcoin, has raised a $10.5 million Series A...…

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Earny, The Automated Consumer Advocate Service, Raises $9 Million In Series A Funding

Santa Monica based personal finance startup Earny has raised a $9m Series A led by Mayfield with participation from Comcast Ventures.

As a leading consumer advocate service, Earny automatically gets hundreds of thousands of shoppers money back on almost every item they...…

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Mswipe raises $10 million from DSG Consumer, B Capital

Mumbai based mobile POS startup Mswipe has raised a $10m Series D round led by B Capital Group and DSG Consumer Partners.

Mswipe is an independent merchant acquirer and payment services provider based out of Mumbai. It makes mobile PoS (mPOS) devices for...…

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The Trump Treasury’s Disturbing Regulatory Turn

It would give The FSOC, a Dodd-Frank agency, powers that even the Obama administration thought too dangerous.

The FSOC—a council of federal financial regulators chaired by the Treasury secretary—was in many ways the heart of Dodd-Frank. The...…

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BitPay to raise $30M for its bitcoin payments platform

Atlanta based merchant bitcoin payments processor BitPay has raised a $30m funding round led by Aquiline Capital Partners.

For consumers, BitPay introduced a prepaid Visa debit card in 2016 that allows users to load its balance with bitcoins from any wallet....…

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WorldRemit raises $40 million to push its money-transfer service into new markets

London based money transfer startup WorldRemit has raised a $40M Series C round led by LeapFrog Investments.

This takes the company’s total funding to $220 million, including a $100 million round in early 2015 and a $45 million debt round a year...…

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Nations best places to work

Congrats to Chris Grewe and the APDS team for being named one of the most admired company cultures by its employees. 

All week Comparably, a compensation, culture and career monitoring website, has exclusively published "Best of" lists with USA TODAY,...…

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Future Proofing Your Practice

Lowell Putnam, CEO of Quovo, was featured on Folio Institutional's Expert Interview series discussing the importance of account...

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Chinese AI Facial Recognition Firm CloudWalk Technology Raises 75M Series B Round

China based AI facial recognition firm CloudWalk Technology Co. raised a $75m Series B led by Shunwei Capital and Oriza Holdings.

China’s AI facial recognition sector has seen a flurry of investment deals recently. Less than a week ago, CloudWalk Technology’s...…

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Digix gets $1.3m seed funding to turn gold into cryptocurrency

Singapore based platform for trading gold-backed digital tokens Digix raised a $1.3m seed round led by Global Brain and Fenbushi Capital.

By tokenizing gold bullion, Digix is aiming to create a cryptocurrency that can provide more stability for investors. Unlike the majority...…

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Libra Raises $7.8 Million in Series A Round

New York based blockchain technology provider Libra has raised a $7.8m Series A led by a family office.

“Libra’s vision is to be the premier provider of next generation accounting, audit, and tax software and data services for the blockchain...…

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Fintech company Deposit Solutions raises $20 million from existing investors

Hamburg based open banking platform provider Deposit Solutions has raised a $20m funding round led by e.Ventures and Greycroft.

The new funds will be used to grow the Hamburg-based company’s Open Banking platform for savings deposits for both B2B and B2C services,...…

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APEXX reels in $4 mln

London based global payments marketplace APEXX has raised a $4m seed round led by Forward Partners.

The global APEXX network is made up of payment service providers and banks which helps merchants to reduce the cost of cross border...…

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