News by FinTech Collective

Contributors

PayPal introduces interest-free buy-now-pay-later product

As online purchases increase and consumers look for more ways to save due to Covid-19, buy-now-pay-later has accelerated in popularity.

Doug Bland, SVP, global credit, PayPal, says: "With Pay in 4, we're building on our history as the originator in the buy now, pay later...…

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Viva Republica raises $173m in new funding

South Korea based operator of peer-to-peer payment service Toss raised $173m in new funding led by Sequoia Capital China.

“We are building a financial super app fundamentally innovating across every facet of consumer finance. We believe that this fundraising...…

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Artis Technologies raises $1.5m in Seed funding

Atlanta based provider of lending solutions for businesses raised $1.5m in Seed funding led by Fintech Ventures Fund.

Barclay Keith, CEO of Artis, commented, “Launching during the pandemic proved to be a challenge, but also allowed for time to focus on...…

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Socure raises $35m in new funding

New York based identity verification startup raised $35m in new funding led by Sorenson Ventures. 

“We are grateful to have had significant investor interest despite the current economic environment, and are proud to have taken less...…

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Copper raises $4.3m in Seed funding

Washington based app-based banking startup targeting teens raised $4.3m in Seed funding led by PSL Ventures.

“We founded Copper to teach teens the fundamentals of money to keep them out of debt, afford the things they want, and ultimately set...…

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Stratify raises $4.9m in Seed funding

Seattle based provider of automated budgeting tools raised $4.9m in seed funding led by Madrona Venture Group.

“Continuous budgeting is an important evolution of the traditional budgeting workflow, as it leverages access to real-time data in order...…

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Commonstock raises $9.7m in Seed funding

San Francisco based community platform for retail investors raised $9.7m in Seed funding led by Floodgate and QED Investors.

“We are at the start of a massive explosion of investing,” McDonough told Crunchbase News. “Investing has gone fully mainstream, but now...…

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Offr raises £2.7m in Seed funding

London based platform for real estate agents and buyers raised $3.5m in Seed funding led by Barclays.

The company intends to use the funds to accelerate international expansion and further develop its transaction infrastructure platform...…

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Waterdrop raises $230m in new funding, plans U.S. IPO

Beijing based online insurtech platform raised $230m in new funding led by Swiss Re and Tencent.

The insurance business, with 120 million unique policy holders, reported a total written premium of $865 million in the first half of...…

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EasyKnock raises $5m in additional Series B funding

New York based residential sale-leaseback company raised $5m in additional Series B funding from Viola FinTech.

“One of the greatest promises of PropTech is that it enables not only digital transformation of the real estate transaction but more...…

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Moov Financial raises $5.5m in Seed funding

Iowa based open source embedded banking platform raised $5.5m in seed funding led by Bain Capital Ventures.

Speaking about the platform’s development, Wade Arnold, Founder and CEO of Moov, stated: “Seamless banking services have become a...…

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India’s OneCard credit card-maker FPL Technologies lands $10m

India mobile-first credit card raised $10m in Series A funding led by Matrix Partners India, Sequoia Capital India and Hummingbird Ventures.

“Their powerful, proprietary in-house tech-stack will define the future of digital consumer credit in India and this conviction has led...…

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Kin Insurance raises $35m in Series B funding

Chicago based home insurance technology company raised $35m in Series B funding led by Commerce Ventures.

“We believe in creating meaningful change for homeowners who need our solution the most,” Sean Harper, Kin’s CEO and co-founder, said in...…

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Habito raises £35m to revolutionise home buying

UK based digital mortgage startup raised £35m in Series C financing led by Augmentum Fintech, SBI Group  and mojo.capital.

Daniel Hegarty, CEO and founder of Habito comments: “At Habito, we’re on a mission to make mortgages easier for anyone who wants to own a...…

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HDVI raises $16m in Series A funding

Chicago based trucking insurance startup raised $16m in Series A funding led by 8VC and Munich Re Ventures. 

“We are rebuilding the insurance company from the ground up with advanced data and technology that incumbents have trouble availing...…

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Bambi Dynamic raises $6m in Series A funding

Tel Aviv based data-and-connectivity platform for mobility insurance products raised $6m in Series A funding led by MS&AD Ventures.

“The digital revolution is sweeping industries across the board, and the insurance industry is no exception,” said Moshe Pinto, CEO and...…

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Incomlend raises $20m in Series A funding

Singapore based invoice trading platform raised $20m in Series A funding led by Sequoia India.

“The impact is acute in high-growth Asia where SMEs — which account for more than 95% of all businesses and provide two out of three...…

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Vitesse raises $8.65m in Series A funding

London based provider of cross-border payments for businesses raised $8.65m in Series A funding led by Octopus Ventures.

“Cross border payments are still largely inefficient, especially for businesses,” explains McGriskin. “They can be slow and expensive,...…

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Ayoconnect raises $5m in pre-Series B funding

Indonesia based bill payment startup raised $5m in pre-Series B funding from BRI Ventures, Kakaku, and Brama One Ventures.

The firm aims to drive financial inclusion in Indonesia. According to the country’s data, 63% of Indonesia’s rural residents were aware...…

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Proper raises $4.8m in Seed funding

San Francisco based AI-powered accounting and bookkeeping service for property managers raised $4.8m in Seed funding led by MetaProp.

“Admittedly, property accounting doesn’t sound like a very sexy opportunity for disrupting a global market,” said Proper Founder and CEO...…

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Zibo raises $10.5m in Seed funding

Redwood City, California based platform for independent landlords to manage finances raised $10.5m in Seed funding led by Canaan Partners.

“If you talk to these independent landlords, what they can tell you is that they spend an inordinate amount of time just staying...…

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CloudPay raises $35m in growth funding

U.K. based payroll provider raised $35m in growth funding led by Runway Growth Capital.

Paul Bartlett, CloudPay's CEO, commented, "We are very excited by our momentum, in terms of both revenue growth and enhancements to our...…

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Hey raises undisclosed amount of Series E funding to accelerate its growth amid Japan’s thriving business environment

Japanese payments and e-commerce platform raised an undisclosed amount of Series E funding led by Bain Capital Tech Opportunities.

Japan has seen a boost in interest for cashless payments and eCommerce as of late. Those things have not traditionally been popular in...…

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