News by FinTech Collective

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Cloud9 raises Series B

New York-based financial communications provider raised $14 million in Series B funding from Barclays, JPMorgan and NEX Group.

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Gusto Raises $140 Million

San Francisco-based payroll, benefits and HR technology platform for small businesses, raised $140 million in Series C funding led by T....

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Equidate raised $50m Series B

SF based marketplace that makes privately held shares available for purchase to accredited investors, raised a $50m Series B from...

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Tally raised $25m Series B led by KPCB

SF based automated credit card debt management app,  has raised a $25m Series B led by VC Kleiner Perkins.

Mamoon Hamid, general partner at Kleiner, who joins Tally's board, says: "They [Tally] have built a layer of technology around a very...…

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Indonesia digital credit card Kredivo raised $30m

Indonesia based digital credit card raised $30m in Series B funding led by Australia’s Square Peg Capital.

“Our goal is to become the preferred digital credit card for millennials in Southeast Asia,” he told TechCrunch. “Those are consumers who...…

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ScaleFactor raised $10m from Canaan Partners

Austin based provider of accounting and payroll management as a service, raised $10m from Canaan Partners.

“Bookkeeping and accounting is really the nucleus,” says Michael Gilroy, a principal with Canaan Partners.

Even raised $40m Series B led by Khosla Ventures

Oakland based financial health startup raised $40m in Series B funding led by Khosla Ventures.

“Americans lose $240 billion every year to predatory financial services like credit cards, overdraft fees and payday loans. In contrast,...…

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Standard Cognition raised $5.5m to create a cashier-less checkout experience

Palo Alto, based developer of a checkout free AI shopping system for the retail industry, raised $5.5 million in funding led by CRV.

“The platform is built at this point – we are now focused on releasing the platform to each retail partner that signs on with us,”...…

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Insurance communication platform, Tower IQ, raised $2m seed round

Boston Based communication platform for the insurance industry has raised $2m in seed funding led by Hyperplane Venture Capital. 

TowerIQ CEO Adam Demos said: “Delivering powerful insight and analytics for insurance markets starts with clean reliable data. At TowerIQ...…

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Fattmerchant raised $10.5m Series C led by Fulcrum Partners

Florida based subscription payments company raised $10.5m Series C round led by Atlanta-based Fulcrum Equity Partners.

“We are excited to continue investing in the rapid growth and technology development of Fattmerchant,” said Philip Lewis, principal of...…

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Bambu raised $3m Series A led by Franklin Templeton

Singapore based robo-advisory solutions provider raised $3m Series A led by Franklin Templeton Investments.

Phillips, who is also CEO of Bambu, added: “Early this year we already surpassed the growth targets we had set for 2018, with seven...…

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Next Insurance raised $83m Series B led by Redpoint

Palo Alto based digital insurance startup that helps small businesses get coverage has raised a $83m Series B led by Redpoint.

“The complexity of the small business insurance market is very significant and this leads to a situation where even the largest insurance...…

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UK based micro investment app, Moneybox, raised £14m Series B

London based micro savings and investments mobile app raised £14m Series B led by Eight Roads, Fidelity Internationals investment arm. 

Ben Stanway, co-founder, Moneybox, says: "The traditional wealth management industry is geared to those who already have wealth - a...…

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Brazilian start-ups defy economic gloom with record fundraisings

Brazil accounted for most of Latin America’s $1bn in VC investments in 2017 despite some VCs being put off by Brazil's fluctuating currency.

Known for its high costs and bureaucracy, Brazil’s economy is dominated by traditional companies in areas from banking to transport and...…

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Forbes: The 50 Largest Public Companies Exploring Blockchain

Forbes have created a decent centralized list of the 50 largest companies in the world's attempts at playing with blockchain technology.

There’s more than one way to gain exposure to blockchain innovation. Beyond buying over-the-counter products or investing directly in...…

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Healthcare communication and payments platform, Inbox Health, raised $2.4m seed round

New Haven based healthcare communication and payments platform raised $2.4m seed round led by Connecticut Innovations. 

"We are delighted to have the ongoing support of our existing investors, as well as a large vote of confidence from new investors, as we...…

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