News by FinTech Collective

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Hi Marley raises $8m in Series A extension funding

Boston based AI messaging platform for insurance raised $8m in Series A extension funding led by True Ventures and Underscore VC. 

In a single conversation happening in real time, Hi Marley streamlines communication around claims, underwriting, and service...…

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Doorkee raises $5.7m seed to help landlords, tenants have better moving experience

New York two-sided tenancy platform raised $5.7m in Seed funding led by Simon Baron Development, Corigin Ventures, and Alpha Edison.

That’s where Doorkee comes in: The 1-year-old New York startup is developing an all-in-one digital platform that creates a peer-to-peer...…

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Investing in Runway

San Francisco based financial and data analytics startup raised $4.5m in Seed funding led by a16z.

In many ways, the important fintech categories are a race between traditional tech teams figuring out finance and financial services...…

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Wirecard: the timeline

A fascinating look from the FT on how the payments group became one of the hottest stocks in Europe while battling persistent allegations...

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Openly raises $15m in Series A funding

Boston based provider of homeowners insurance platform raised $15m in Series A funding led by Obvious Ventures. 

Since launching in late 2019, Openly has seen rapid adoption of its home insurance product and has expanded its coverage, currently on...…

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RenoFi raises $6.4m in Series A funding

Philadelphia based home renovation loan provider raised $6.4m in Series A funding led by Canaan Partners.

“Most lenders have this major gap in their product suite, and are not offering renovation loans. RenoFi provides the platform that makes...…

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Botkeeper raises $25m in Series B funding

Boston based accounting automation startup raised $25m in Series B funding led by Point72 Ventures.

CEO and cofounder Enrico Palmerino said the funding will allow Botkeeper to “double down” on engineering and product development for its...…

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BizCapital raises $12m in Series B funding

Brazil based online lender BizCapital raised $12m in Series B funding led by DEG , the German development finance institution. 

The capital raised will be directed at accelerating the development of new product offerings to Brazilian SMEs, as well as to continue...…

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Market data infrastructure platform MayStreet raises $21m in Series A funding

New York based market data infrastructure platform raised $21m in Series A funding led by Credit Suisse Asset Management's NEXT Investors.

Commenting on the investment, Patrick Flannery, MayStreet CEO and Co-Founder, said: “For firms across our industry –banks, quantitative...…

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Anthos Capital and NBA All-Star Baron Davis back LA-based college tuition savings service, UNest

Los Angeles provider of financial planning and savings tools for parents raised $9m in Series A funding led Anthos Capital.

“To me the investment in UNest is a great opportunity to help my community. It aligns with my vision that all kids deserve a chance to...…

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La Haus raises $16m in Series A funding

Mexico and Colombia based real estate tech company raised $16m in Series A funding led by Kaszek Ventures.

La Haus provides tools for closing real estate transactions digitally, including listings and other essential information. Transactions...…

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Lemonade files to go public

The New York startup has filed with the SEC to raise $100m in an IPO on the NYSE. The company reported annualized revenue of $100m.

Launched in 2016, Lemonade provides insurance for renters and homeowners in the U.S. that covers stolen or damaged property, as well as...…

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New SEC rules on crowdfunding would be a boost to capital raising for startups

SEC proposes raising the cap on the amount private companies can raise online via an investment portal under Regulation CF to $5m a year.

Beyond the important step of raising the annual ceiling to $5 million, the proposed SEC rule revisions include a host of other changes...…

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Tabby to launch in Saudi Arabia with $7m funding

UAE based consumer financing startup raised $7m in Seed funding led by Raed Ventures.

Hosam Arab, co-Founder and CEO of Tabby said: “We are very pleased to bring our best-in-market solution to Saudi Arabia at a time when...…

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Dispute management platform Chargeback raises $6.6m

Utah based dispute management platform for merchants raised $6.6m in Series A1 funding led by Fintop Capital and Next Frontier Capital.

John Munro, CEO, Chargeback, says: "With the rise of e-commerce spending during the COVID-19 pandemic, merchants have seen a rise in...…

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Trio of top banks join $27m funding round in H4

London based digital documentation startup raised $27m in venture funding from JPMorgan, Goldman Sachs, Barclays, and Linklaters.

“The need for meaningful solutions in the digital document space across financial services is immense,” says Sarah Shenton, a growth...…

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M1 Finance raises $33m as it continues to grow

Chicago based digital investment platform raised $33m in Series B funding led by Left Lane Capital.

M1 Finance has created a no-fee investing app that offers users an automated brokerage, portfolio lines of credit and digital banking. In...…

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Fintech start-ups eye life outside the sandbox

UK fintech companies have come of age during the current crisis, but there are calls for regulatory change to help them grow even faster.

Among those selected by the state-owned British Business Bank to process applications were online bank Starling, peer-to-peer platform...…

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iBanFirst raises $23.8m for its borderless financial services

France based international payments and FX platform raised €21m in Series C funding from Elaia and Bpifrance’s Large Venture fund.

As for getting paid, iBanFirst gives you your own banking information in 30 currencies. You can share a Turkish IBAN, an American account...…

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Squire Technologies secures $34m in Series B funding

NYC based barbershop management and point of sale system software platform raised $34m in Series B funding led by CRV.

Led by Songe LaRon, co-founder and CEO, and Dave Salvant, co-founder and President, Squire provides barbers and shop owners with the...…

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New York startup Hyperscience raises $60m in bid to become automation software’s next breakout

New York based robotic process automation startup raised $60m in a Series C funding round led by Bessemer Venture Partners.

It’s an argument that raises a larger philosophical question about software: are all jobs created equal? Is a local job lost more...…

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Lili raises $10m for its freelancer banking app

New York based freelancer banking app raises $10m in Seed funding led by Group 11.

More broadly, she suggested that no traditional banking solutions are really designed to solve the problems faced by freelancers —...…

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Mobile banking startup Varo Money raises $241m

San Francisco based licensed challenger bank raised $241m in Series D funding co-led by Gallatin Point Capital and The Rise Fund.

“Trends we did not expect to see for 10 years are happening now,” Colin Walsh, co-founder and chief executive officer of Varo, said in a...…

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ESG investing outperforms during COVID-19 selloff

Amid heightened volatility in the first quarter, sustainable companies were able to provide a level of downside protection.

The data presented in the article shows returns by MSCI ESG ratings. These ratings rank a company based on how it performs relative to...…

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