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EBanx Raises $30M in Funding

Brazil based end-to-end local payment solutions startup Ebanx has raised a $30m funding round led by FTV Capital.

Led by Alphonse Voigt, co-founder and CEO, EBanx provides local payment methods to international merchants, enabling them to sell their...…

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BehavioSec Raises $17.5 Million in Series B Funding Round

Stockholm based behavioral biometrics fraud detection startup BehavioSec has raised a $17.5m Series B led by Trident Capital Cybersecurity.

In a statement announcing the success of the funding round, BehavioSec said the investment capital “will be used to expand global...…

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Spendesk raises $9.9 million to build your next corporate card

Paris based corporate card and expense tracking startup Spendesk has raised a $9.9m funding round led by Index Ventures.

“We are building a platform that simplifies your company’s operational spending — supplier payments, corporate expenses, card expenses,”...…

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Neptune Flood Secures $2M Seed Financing Round

Florida based digital flood insurance provider Neptune Flood has raised a $2m Seed Round led by Trevor Burgess, the founder of C1 Bank.

Founded in 2016 by insurance and technology industry veterans Jim Albert and Bill Martin, and also led by COO Stephanie Lee, Neptune...…

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GLMX Raises $20M in Growth Equity Financing

New York based repo trading technology provider GLMX has raised a $20m growth equity financing round led by Sutter Hill Ventures.

Founded in 2010 by Glenn Havlicek, CEO, GLMX has developed proprietary technology which provides an integrated global money market...…

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Bitcoin broker Coinbase booked $1 billion in revenue last year — so the company has told hovering VC

Coinbase issued a statement that warns its own shareholders from trading stock on secondary markets. 

“As a private company, Coinbase does not allow trading of stock on secondary markets for a variety of reasons, including the fact that...…

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Tera Funding successfully raised KRW 10 billion (approx. US$9.3M) from Korean leading investors

Seoul based P2P lending platform Tera Funding has raised a $9.3m Series A led by Woori Bank, Atinum Investment, SBI Investment.

It is the largest single series A investment for Korean P2P lending start-ups. As an industry pioneer, Tera Funding has achieved a...…

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CreditStacks offers credit cards to international workers who relocate to the U.S. and have no credi

San Francisco based alternative credit card startup CreditStacks has raised a $4m Seed Round led by Clear Future and 500 Startups.

Founded in 2015 by Israeli-born entrepreneurs Elnor Rozenrot, Jonathan Jacobi, and Shahar Nechmad, together with American banker Robert...…

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botkeeper Raises $4.5 Million in Seed Funding as World’s First Robotic Bookkeeper

Boston based automated bookkeeping startup botkeeper has raised a $4.5m Seed Round led by Ignition Partners.

“Robotic botkeeping? It sounds like another crazy Silicon Valley whim,” said Enrico Palmerino, CEO at botkeeper. “But look under the...…

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Rally Rd collects $2.6 mln seed

New York based classic car investing marketplace Rally Rd has raised a $2.6m Seed Round led by Columbus Nova.

With the current focus on nostalgic automotive assets from the 1950’s through 1990’s, users can pick-and-choose from an eclectic...…

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Online brokerage Robinhood will offer free crypto trading

Robinhood Crytp will launch in February to consumers in California, Massachusets, Missouri, Montana, and New Hampshire.  

“Now in Robinhood, for the first time, consumers will be able to invest in and trade stocks, ETFs, options and cryptocurrencies all in...…

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Stripe: Ending Bitcoin support

Stripe has announced that it will stop accepting bitcoin payments due to the increasing confirmation times and high fees for...

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Blockchain Startups Absorbed 5X More Capital Via ICOs Than Equity Financings In 2017

In 2017, ICOs raised over $5B across nearly 800 deals in 2017 while equity investors deployed $1B in 215 deals to the sector. 

In Q1’17, 19 ICOs closed for about $21M. Three quarters later, in Q4’17, over 500 ICOs closed for almost $3B. According to CB Insights,...…

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Stripe: ending Bitcoin support

As Bitcoin continues to become less useful for payments given increasing confirmation times and processing costs (tens of dollars per...

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Vestwell adds Morningstar Investment Management’s 3(21) Fiduciary Services

Vestwell will begin to offer investments curated by Morningstar in various asset classes and fund types on its platform.  

“Equipping advisors and clients with a digital retirement experience that helps alleviate administrative and fiduciary burdens has been,...…

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Varo Money raises $45 million for mobile banking without fees

San Francisco based mobile banking startup Varo Money has raised a $45m Series B led by Warburg Pincus and The Rise Fund.

Investors believe there’s a huge market opportunity to disrupt big banks and build a more cost-effective and consumer-friendly platform...…

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India’s Razorpay nabs $20M led by Tiger Global for its Stripe-like payment gateway

Bangalore based payment API provider Razorpay has raised a $20m Series B round led by Tiger Global, at a valuation over $100m.

Today, Razorpay offers 6 different services, including subscriptions, invoicing and payment URLs alongside its basic payment offering,...…

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Ratehub taps $12-million in venture funding from Boston-based Elephant Partners LP

Toronto based financial product comparison startup Ratehub has raised a $12m Series A round led by Elephant Partners LP.  

Ratehub's business, roughly speaking, is split evenly between Ratehub.ca and CanWise Financial. On Ratehub.ca, there is advertising and...…

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B2B Payments Startup Finexio Lands Series A

San Mateo based B2B payments startup Finexio has raised a $4m Series A led by James R. Heinstand.

Finexio develops solutions with the aim of reducing companies’ reliance on paper in accounts payable departments. The company plans to...…

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Alkami raises $70 million for mobile banking software

Texas based white-label mobile banking platform Alkami has raised a $70m Series D round led by General Atlantic.

This adds to the over $46 million the company has raised since it was founded in 2009. Stephen Bohanon, founder of Alkami, started the...…

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Rex Lands $15 Million in Series B Funding

California based digital real estate agency REX has raised a $15m Series B from individual investors.

The Woodland Hills company, an online agency that sells homes without using MLS listings, said it grew 300 percent last year and has...…

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Online lending platform EarlySalary raises $15.7 mn in Series B round

India based consumer lending platform EarlySalary has raised a $15.7m Series B round led by Eight Roads Ventures India.

The three-year-old startup essentially offers a mobile app that allows salaried individuals to avail instant loans for an average tenure...…

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Ladder Secures $30M in Series B Funding

Palo Alto based life insurance startup Ladder has raised a $30m Series B round led by RRE Ventures.

Led by Jamie Hale, CEO and co-founder, Ladder provides a digital-first life insurance product to serve today’s financially savvy...…

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UK fintech platform Goji gets backing from AXA and Anthemis

London based direct lending platform Goji has raised an undisclosed amount Series A round from AXA and Anthemis.

The London-based company will invest the “multi-million pound” funding in further product development, such as in its Diversified P2P...…

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Cardlay secures $5M in expansion capital from SEED Capital and SEB Venture.

Denmark based payments software startup Cardlay has announced a $4.81m Series A round led by SEB Venture and SEED Capital.

Cardlay, founded in 2016 by Jørgen Christian Juul, who previously founded Wallmob, provides tools for banks to manage payment cards,...…

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Mylo, the fintech app that invests Canadians spare change, raises $2.5M in seed round

Montreal based robo investing app Mylo has raised a $2.5m Series Seed led by Desjardins Capital.

Mylo will use the funding to scale their operations and develop their backend technology to become a full-service AI-driven personal...…

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UpLift Increases its Lending Capacity to $200m and Closes $90m New Financing

San Francisco based flexible travel payments startup UpLift has raised a $15m funding round led by Draper Nexus Ventures.

UpLift is the only financing solution 100% focused on the travel industry, delivering suppliers increased booking values, booking windows...…

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FindBob Closes $1.26M USD Seed Round

Toronto based planning tool for financial advisors FindBob has raised a $1.26m Series A led by Grinnell Mutual.

FindBob champions better transition behavior among financial professionals and their firms in order to perpetuate and protect their most...…

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BondLink Raises $10M in Series A Funding

Boston based municipal bond issuer software provider BondLink has raised a $10m Series A led by Franklin Templeton Investments.

The company intends to use the funds to accelerate and expand adoption of its software to the public sector bond issuers across the...…

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zlien Lands $10M to Eliminate Construction Liens

New Orleans based construction payments ecosystem zlien has raised a $10m Series B round led by S3 Ventures.

zlien connects construction stakeholders and leverages millions of data records to make payment documentation and lien rights fast and...…

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Ethereum crosses the $1,000 market

What a start to 2018 it has been for cryptocurrency, with Ethereum surpassing the $1,000 mark on many major exchanges, nowrepresenting a...

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Urban Jungle gets £1m to disrupt the insurance market

London based home insurance startup Urban Jungle has raised a £1m Seed Round led by Rob Devey, former CEO of Prudential UK.

The company will use the funds to improve the way in which renters can obtain home insurance. Founded by Jimmy Williams and Greg...…

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