News by FinTech Collective

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Jamie Dimon Is Not Messing Around

The JPMorgan Chase CEO is rushing to turn his bank into Amazon before Amazon turns into a bank spending more than $20 billion in 2yrs on...

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Welcome Paradex to Coinbase

Coinbase has acquired Paradex, a "relayer" that allows decentralized wallet-to-wallet crypto trading.  Terms of the deal were not...

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Tango Card raises $35m

Seattle based provider of digital rewards and incentives to enterprise customers has raised a $35m venture financing from FTV Capital.

Tango Card — which brings together some 500 companies’ gift cards so that they can easily be used by companies like Microsoft, Chevron...…

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Bestow Raises $15 Million in Series A Financing

Dallas based life insurance startup has raised a $15m Series A led by Valar Ventures.

Today, less than 44% of households have individual life insurance, yet 85% of consumers recognize the need for it. Bestow focuses on...…

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Benzinga 2018 winners

Congratulations to portfolio company MoneyLion for winning the Benzinga Award for "Best Under-Banked or Emerging Market Solution" and...

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Allianz leads $24m investment in German insurtech Simplesurance

Berlin based insurtech startup has raised $24m Series C financing led by Allianz, with particpation from Rheingau Founders and Rakuten.

German insurer Allianz has led the latest fundraising round of Berlin-based insurtech startup Simplesurance, alongside other investors...…

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Goldman Sachs eyes Germany for expansion of Marcus

Goldman Sachs plans to extend its Marcus consumer bank across Europe and has picked Germany as the market to follow its imminent UK launch

Richard Gnodde outlined the international strategy for Marcus in a wide-ranging interview where he also revealed how many staff the bank...…

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Plastiq raises $27m

San Francisco credit card bill payment platform has raised $27m in venture financing led by Atlas Ventures.

The latest investment comes as Plastiq is experiencing record growth with business owners and consumers who are looking for a reliable...…

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Simpleinsurance rakes in $24 mln Series C

Berlin based e-commerce insurance startup has raised $24m in Series C financing led by Allianz.

Founded in 2012, simplesurance has been changing the way people perceive and buy insurance, enabling customers to obtain tailored...…

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Venmo Trust and The Blockchain

Venmo Trust was initially conceived as just a pragmatic product hack on the Venmo core that would make transacting with friends easier....

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ClassWallet Raises $2.3M in Funding

Florida based cashless payment platform for schools has raised a $2.3m Series Seed led by Florida Funders and Rainfall Ventures.

The round was led by Florida Funders and Rainfall Ventures, with participation from Silicon Valley angels, as well as follow-on...…

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Brightside Raises $4M in Seed Funding

SF based financial health platform for employers has raised a $4m Series Seed led by Comcast Ventures and Trinity Ventures.

Founded in 2017 by Tom Spann, CEO, Brightside is an employer-based financial wellness solution that combines personal assistants, smart...…

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Athena Mortgage has raised $15 million Read more at https://www.businessinsider.com.

Australia based home loan startup has raised $15m in Series A financing from Macquarie, Square Peg Capital, Apex Capital, and Rice Warner.

Founded by ex-NAB bankers Nathan Walsh and Michael Starkey the platform aims to make home ownership “faster, cheaper, and less...…

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Pelion Ventures leads $10.5 mln round for Divvy

Utah based expense management startup has raised $10.5m in venture financing led by Pelion Ventures.

Divvy, a provider of expense management solutions, has secured $10.5 million in funding. Pelion Ventures led the round.

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StratiFi Technologies Announces Series A Funding Round

NYC and SF based tech platform for investment advisors has raised $7m in Series A financing led by Anthemis Group.

tratiFi’s Series A funds will further commercialize the company’s PRISM Rating™ technology that calculates risk scores for individual...…

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Redwood City startup scores $200M credit line for small business lending

Redwood City small business lending startup has lined up $200m in revolving credit from Credit Suisse to expand its offerings.

BlueVine said it will now raise the business line of credit it offers from its previous limit of $100,000 to a new limit of $250,000. It...…

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