News by FinTech Collective

Contributors

Comcast & NBCUniversal invest in fintech app Acorns with a deal to produce content through CNBC

California based Acorns has raised incremental Series E financing from Comcast and NBCUniversal at an $860m valuation.

NBCUniversal and Comcast Ventures are taking a bet on millennial-focused financial technology app, Acorns. The companies announced an...…

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Petal raises $30m from Valar to bank the unbanked with credit cards

New York based credit card issuer has raised a $30m Series B led by insider Valar Ventures, with participation of Greyhound Ventures.

Petal’s CEO Gross told me that one of the big goals for this new round of capital was to expand the product to more customers while also...…

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Uplift raises $123

Silicon Valley based point-of-sale lender for travel has raised a $123m Series C led by Madrone Capital Partners.

And although Uplift launched less than two years ago, Soderbery said the company is on track to drive nearly $1 billion in loans in 2019....…

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NYC-based HyperScience raises $30 million

NYC based middle and back office automation platform has raised a $30m Series B led by Stripes Group.

NEW YORK, Jan. 17, 2019 /PRNewswire/ -- HyperScience, a leading edge machine learning company offering enterprise-grade solutions for...…

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‘Smoooth Dogg’: Snoop Dogg just backed a Swedish online payments unicorn

A Klarna video ad shows the rapper at a “coronation” where he is presented with a set of bling emblazoned with the “Smoooth Dogg” name.

Snoop Dogg is better known for his work in the music business — but the U.S. rapper is now throwing his weight behind fintech. Swedish...…

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Bond-pro raises $10m

Tampa Bay based provider of Surety and Specialty Insurance software products and services raised $10m in growth equity from Volition...

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Bitcoin Philanthropists

One of the BitMEX founders, Ben Delo, became one of the youngest major donors to his alma mater Worcester College at the University of...

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2018 year in review

Portfolio company Flutterwave reviews their massive growth in 2018.  The company has now processed $2.6b with over 26k businesses...

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Yallacompare raises $8m

UAE based comparison site for financial products has raised $8m in equity funding from STC Ventures, Wamda Capital, and Argo Ventures.

We are delighted with this latest round of funding, which represents a ringing endorsement of our direct-to-consumer financial services...…

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Vena Solutions raises $115 million to scale globally

Toronto based financial planning and analysis software startup has raised $115m from JMI and Centana Growth Partners. 

“JMI invests in companies with proven business models and clear potential for accelerated growth; on all counts, Vena hit the mark,”...…

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N26 announces monster raise

German neo-banking startup has raised a $300m Series D led by Insight Venture Partners and GIC.  The valuation of the company is now...

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Crypto thesis for 2019

Awesome, but somewhat technical post, from Arjun Balaji about the current state of the crypto market and where we are headed in 2019.

In my view, the only thing that can drive crypto adoption is (1) bitcoins or other cryptocurrencies serving as an escape valve for people...…

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52 things I learned in 2018

A fun medium post with some good facts to share at your next dinner party.

Advertisers place a single brown pixel on a bright background in a mobile ad. It looks like dust, so users try to wipe it off. That...…

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Tech:NYC 2018 Annual Report

A good reminder of why we like being HQ'd here in NYC! Tech:NYC has a membership of 700 companies, which includes more than 600 startups...

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