News by FinTech Collective

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When Ana ditched Andrea

She runs mega-bank Santander; he’s a top deal-maker. She offered to make him the best-paid CEO of any bank in euroland. It didn’t happen,...

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Policygenius raised a $100m Series D round led by KKR

New York based online insurance marketplace raised a $100m Series D round led by KKR. 

“The company has reached an inflection point where it made sense to throw the proverbial fuel on the fire,” Fitzgerald, a Policygenius...…

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Barclays buys minority stake in digital receipts firm Flux

London based digital receipts startup raised a strategic extension from Barclays, one month after it raised a $7.5m Series A round.

Ruchir Rodrigues, Barclays' global head of digital & platforms says: “Flux’s innovative technology provides a practical and...…

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Persona raises a $17.5m Series A round for its digital verification platform

San Francisco based identity verification startup raised $17.5m in Series A funding co-led by Coatue Management and First Round Capital.

“Digital identity is one of the most important things to get right, but there is no silver bullet,” Song, who is the CEO, said in an...…

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Visa backs Currencycloud, the international payments API that powers apps like Monzo and Revolut

London based foreign exchange payments automation platform raised a $80m Series E round co-led by Visa and SAP’s venture arm Sapphire.

“Their end-user customers, for the most part, will never see that we’re there,” Laven said. “We’re a piece of embedded finance in the...…

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AvidXchange raised $260m Series F led by TPG

Charlotte based provider of accounts payable (AP) and payment automation solutions for the middle market raised $260m led by TPG. 

“We’re shaping the future of the B2B payments industry by fundamentally changing the way businesses pay their bills, providing a single...…

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Visa To Acquire Plaid

Congratulations to portfolio company Plaid on its $5.3b acquisition by Visa! This is a landmark exit for the fintech ecosystem. We've...

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Lightnet, the company behind the Velo Protocol, recently raised $31.2m in a Series A round

Thailand based global remittance protocol raised a $31.2m Series A led by a conglomerate of Asian financial institutions. 

“It’s vital that we build an ecosystem to provide Lightnet access to our partners’ vast user base and facilitate deeper penetration into...…

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HighRadius raised $125m from ICONIQ Capital at a $1b valuation

Houston-based working capital optimization software raised a $125m Series B round from ICONIQ Capital at a $1b valuation. 

“For example, if you bill your customers, the average time to get paid from the time of billing is about 45 days,” he said. “We use...…

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Roofstock Raised $50m Series D funding round

Oakland, CA based online marketplace for investing in single-family rentals raised a $50m Series D equity round led by SVB Capital.

“Roofstock makes it easy for anyone, no matter where they live, to add real estate to their investing strategy, with minimal overhead and...…

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Visa/Plaid: check mark

US banks have, from time to time, tried to prevent Plaid from accessing customer data, citing the need to ward off potential damaging...

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The Informations Predictions for the Next Decade

The Information provides us with some wide ranging predictions for what a world full of nearly 50-year-old millennials will look like.

Before diving in, one note on the format of these predictions: Having read a lot of the forward-looking thematic pieces by venture...…

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Ocrolus CEO invited on "Bank On It" podcast show

Sam Bobley, Co-founder and CEO of portfolio company Ocrolus, spoke with fintech podcast show host John Siracusa. 

In this episode I chat with Sam Bobley, Co-founder and CEO of Ocrolus. Ocrolus analyzes financial documents, regardless of format and...…

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Reonomy named in top companies to work in NYC

Built in NYC's annual list includes portfolio company Reonomy in the top 10 of the 100 Best Places To Work In NYC 2020 list.

What people are saying "Every morning, I’m genuinely excited to come to work. Even the challenges we face are exciting, each one...…

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epiFi, started by two co-founders of Google Pay in India, raised seed round for their neobank

India based challenger banking platform has raised $13.2m in its Seed round led by Sequoia India and Ribbit Capital at a $50m valuation.

“When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments. They want insurance,...…

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