News by FinTech Collective

Contributors

Treasury Intelligence Solutions raises $20m

Germany based platform for managing corporate payments and cash flow raised $20m in a Series D extension led by Aquiline Technology Growth.

Jörg Wiemer, CEO and co-founder of TIS: “We are proud to have Aquiline on board alongside our existing investors. This investment will...…

Read More…

Designing insurance for the next pandemic

The industry is already planning for the next crisis — and the threat of a second wave means it might be only months away!

Although pandemic insurance has been available in the past, many companies thought the risk of an outbreak was remote and so few of them...…

Read More…

The Hot Wealth Tech: Humans

Being at the back end of a network of independent investment advisers is an increasingly attractive way to gain scale. Even when people...

Read More…

Spruce is eliminating the drudgery of real estate, and has $29m more from Scale to make sales easy

New York based digital real estate closing and communications platform raised $29m in growth capital led by Scale Venture Partners.

“Instead of using local offices with manual communication and manual processes, we provide [our clients] with API’s that allow them to...…

Read More…

Human Interest tacks on $10m more to its Series C

San Francisco based 401(k) provider for SMBs raised $10m in a Series C extension led by Glynn Capital.

Human Interest, however, is seeing more companies coming to it looking to change 401(k) providers. Schneble told TechCrunch that...…

Read More…

PayPal sees rise in ‘silver tech’ as older generations test digital payments

People over 50 were PayPal’s fastest-growing segment from March to April. Venmo particularly stands to benefit from the new audience.

This cohort of “silver tech” helped PayPal’s total payment volume recover back to “pre-Covid” levels, CFO John Rainey said at the J.P....…

Read More…

Introducing Plaid Exchange

Plaid Exchange gives financial institutions, from banks to wealth management firms, an open finance platform to manage consumer data...

Read More…

LatAm Lending: NPL rates surge amid COVID-19

COVID-19 is hurting LatAm fintech lenders’ non-performing loan rates, as well as other metrics, according to new Iupana study

Among the surveyed fintechs that lend to individuals, the proportion of the portfolio overdue by more than three months has nearly...…

Read More…

Lolli Closes $3m Seed Round Led By Founders Fund

New York based bitcoin rewards startup raised $3m in a Seed extension round led by Founders Fund.

CTO and Co-founder of Lolli, Matt Senter said: "It’s amazing how far we’ve come. I’m grateful every day for our investors giving us the...…

Read More…

Pet insurer Bought By Many snaps up £80m boost

London based digital pet insurance provider raised £78m in Series C financing led by FTV Capital.

Mr Vostrizansky said: "The company's consumer-friendly technology and high-quality team have allowed the company to rapidly enhance its...…

Read More…

Zeitgold raises $29.2m to automate bookkeeping

Germany based automated bookkeeping platform for SMEs raised €27m in Series B financing led by Vintage Investment Partners.

Zeitgold tries to automatically match digitized receipts with movements on your bank account. You can add information when the service...…

Read More…

N26 raises another $100m in Series D extension

Germany based consumer challenger bank raised $100m in an extension of its Series D round at a valuation of $3.5b.

You may have noticed that the valuation didn’t go up this time. “I’d say it’s a very good valuation,” co-founder and CEO Valentin Stalf...…

Read More…

Robinhood raises $280m, pushing its valuation to $8.3b

California based consumer finance and investing app raised raised $280m in Series F funding at an $8.3b valuation led by Sequoia Capital.

We’ve collected further data in the same vein, with Public (another free stock-trading app) reporting surging usage, and other fintech...…

Read More…

Migo featured in series produced for Innovate Finance by BBC StoryWorks Commercial Productions

Portfolio company Migo has been profiled in one of the most robust discussions on fintech happening in the world today.

Innovation in Finance, a series produced for Innovate Finance by BBC StoryWorks Commercial Productions, takes viewers on a journey that...…

Read More…

Andreessen Horowitz just closed its second crypto fund

Two years ago, a16z launched its first dedicated  $300m crypto fund. It has raised a second $515m in the same vein.

As general partner Chris Dixon — who leads the fund with general partner Katie Haun — tells Fortune: “It’s very rare that major, new...…

Read More…

Cash management platform Flagstone raises $15m

London based cash management platform raised $15m in funding led by OMERS Ventures.

"Raising growth capital from leading investors such as Omers Ventures is a testament to the strength of our business model and the great...…

Read More…

As a free user, you can follow Passle and like posts.

To repost this post to your own Passle blog, you will need to upgrade your account.

For plans and pricing, please contact our sales team at sales@passle.net

Sorry, you don't have permission to repost or create posts.

Repost successful!

View the repost

Repost successful!

Your repost is currently a draft. Review your repost and request approval.

Something went wrong whilst reposting - please try again.

Sorry - this is not an option. This post already exists in the Passle you have selected.

Try reposting to another Passle.