News by FinTech Collective

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P2P payments are live on Dharma

Users of portfolio company Dharma will be able to send and receive US dollars from anywhere in the world — all while earning interest,...

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N26 Says Bank Closures May Drive Mobile Banking Adoption

As banks close their branches to help stop the spread of the novel coronavirus, N26 sees an opportunity to convert new users.

In its home market, Germany’s largest lender Deutsche Bank announced Monday it would temporarily close more than 200 branches in response...…

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Stripe leads $20m Series A into Fast, which is building a universal checkout service for e-commerce

San Francisco based one-click login and payments platform raised $20m in Series A financing led by Stripe.

Fast, per its name, wants to make logging in far quicker, and also wants to help you check out at online stores more simply, and, as...…

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Alma raises €12.5m in funding

Paris based fintech consumer financing startup raised €12.5m in venture funding led by Idinvest and Isai.

Founded by Louis Chatriot and Guillaume Desloges in 2017, Alma provides a solution that allows merchants to offer installment payments to...…

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UK based Fintech Payhawk, a corporate expense management solution, raised €3m in Seed funding

UK based corporate expense management solution raised €3m in Seed funding led by Earlybird’s Digital East Fund.

“In many companies, expense management is still far too bureaucratic, non-transparent and full of paperwork. Many employees are forced to...…

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Mumbai-based wealthtech Fintso raises $2.6m Seed

India based B2B2C solution for the wealth management industry raised $2.6m in Seed funding.

George Mitra, Co-founder & CEO, Fintso said, “We are extremely happy to have investors who believe in what we are doing and are providing...…

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COVID-19 Insurance FAQ

Portfolio company Embroker prepared a frequently-updated FAQ to answer general questions, preparedness and response, workers’...

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Business banking fintech Penta raises another €18.5m

Berlin based digital bank for businesses raised €18.5m in new funding led by RTP Global and HV Holtzbrinck Ventures.

Comments RTP Global’s Pavlov: “We are always searching for exceptional teams who are ready for the sprints, prepare for the marathons and...…

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Cardless in the coronavirus crisis

An FT journalist's brief experience of joining the unbanked showed the challenges faced by millions

My experience in the sushi bar last week happened because I had lost my purse on the train as I was coming into work.  It contained my...…

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Human Interest raised $40m Series C to close the retirement savings gap for SMEs

San Francisco based retirement plan provider for SMEs raised a $40 million Series C round led by Oberndorf Enterprises LLC.

“This is because setting up legacy retirement plans required months of work, and involved working with lawyers, advisers and others to...…

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NY-based NorthOne, a digital challenger bank for SMEs, raised $21m Series A

New York based digital challenger bank focused on small businesses raised $21m in Series A funding led by Battery Ventures. 

“The role of a bank is not to just keep money safe and move it around occasionally,” Bensoussan said. “We want to go beyond banking and...…

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Overhaul raised $17.5m in an Edison Partners-led round

Austin based supply chain tech and compliance startup raised $17.5m in Seried B funding led by Edison Partners. 

“Amazon easily demonstrates how world-class supply chain management is a powerful advantage,” Edison Partners general partner Ryan...…

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Inbox Health raised $3.5m in funding

New Haven, Connecticut based patient engagement, communication, and payment platform raised a $3.5m funding round led by Healthy Ventures.

The platform automates the patient communication process using bi-directional correspondence, proprietary algorithms, machine learning...…

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Albert raises $50m to improve financial wellness for all

Los Angeles based digital challenger bank raised $50m in Series B funding led by CapitalG, Alphabet’s independent growth fund.

A traditional financial advisor will hand you a pdf of financial chores that are tedious to do once — let alone every month. At Albert,...…

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Insurance AI startup Synthesized raises $2.8M from IQ Capital and Mundi Ventures

London data-sharing platform for the insurance industry raised $2.8m in Seed funding co-led by IQ Capital and Mundi Ventures. 

Synthesized is a UK startup that tries to reduce friction on preparing all the data that’s needed, to enable insurers to share data...…

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Goodlord, the proptech startup that offers a SaaS for rentals, has raised £10m in Series B funding

London based rental management platform raised £10m in Series B funding co-led by Finch Capitaland Latitude Ventures. 

Founded in 2014, unlike other startups in the rental market space that want to essentially destroy traditional brick ‘n mortar letting...…

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Leap Finance raises $5.5m to democratize financing for foreign-bound Indian students

India based startup lender for foreign-bound Indian students raised $5.5m in Seed financing led by Sequoia Capital India. 

“Indian students make up 25% of a class in many top graduate programs in the U.S. These are smart, hard-working students who got in the...…

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