News by FinTech Collective

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Capitalize raises $2m in Seed funding

New York based platform for locating and transferring legacy 401(k) assets raised $2m in Seed funding led by Bling Capital. 

“One of the biggest problems is accounts that are tied to employers,” Gaurav Sharma, co-founder and CEO of Capitalize, told Crunchbase...…

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Bitpanda raises $52m in Series A funding

Vienna based investment and trading platform for cryptocurrencies raised $52m in Series A funding led by Valar Ventures.

“One of the major projects was this Series A round, which was made possible by the incredible support of Speedinvest. The unusual past...…

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PayCargo raises $35m in Series A funding

Florida based payments network for the global shipping industry raised $35m in Series A funding led by Insight Partners.

PayCargo moves approximately $4 billion in cargo payments a year, but del Riego said the company covers less than 3 percent of the global...…

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Petal raises $55m in Series C funding

New York based credit card company for people to build credit and spend responsibly raised $55m in Series C funding led by Valar Ventures.

Gross said that the company’s model has allowed it to handle the storm of changes that have been underway this year. “It’s allowing us to...…

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Kard raises €3m in new Seed funding

France based challenger bank for teens raised €3m in new Seed funding led by Founders Future.

The startup says that Apple Pay and Google Pay are on the roadmap, as well as money pots. There will be some personalized discounts in...…

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Laika raises $10m in Series A funding

New York based information security and compliance-as-a-service platform raised $10m in Series A funding led by Canapi Ventures.

Founded by Austin Ogilvie and Sam Li, both two-time founders and Y Combinator alumni, and industry veteran, Eva Pittas, who oversaw...…

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Zoop raises $11.4m in new funding

Brazil based B2B fintech company operating in payments, BaaS and credit raised $11.4m in new funding led by Movile.

"We believe that any company, in any sector, will be able to add new revenue lines by offering digital accounts, prepaid cards,...…

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Syfe raises $18.6m in Series A funding

Singapore based robo advisor raised $18.6m in Series A funding led by Valar Ventures.

“I could see how a lot of institutions and some ultra-high-net worth individuals who are clients of the bank were using the product, and...…

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Uncapped raises $26m in new funding

London and Warsaw based provider of revenue-based financing to European startups raised $26m in new funding led by Mouro Capital.

“When we launched, we knew selling equity to buy Facebook and Google ads was a bad deal for founders,” says Ismail. “So this is where we...…

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Tarfin raises $5m in Series A funding

Turkey based agriculture fintech startup raised $5m in Series A funding led by Quona Capital.

“The pandemic that changed the balance of the period we live in has once again revealed the importance of agriculture. As Tarfin, we have...…

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TrueLayer raises $25m

London based open banking startup raised $25m in a. Series C extension round joined from Northzone, Tamasek, Anthemis, and Connect Ventures.

Francesco Simoneschi, CEO, TrueLayer, says: "Our vision when we founded TrueLayer, where Open Banking is the default pipe to move money,...…

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Digital onboarding prime time is 2 minutes, says Rappi

Banks have a short window to convert potential clients after they download the institution’s app, say digital onboarding specialists.

Customers should be able to complete a digital onboarding process in less than three minutes to maximize conversion rates, said Juan...…

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First AML raises $5.4m in Series A funding

New Zealand based anti-money laundering startup raised $5.4 million in Series A funding led by Bedrock Capital.

First AML co-founder Milan Cooper is excited by the opportunities the new investment affords: “Our plans to accelerate global market...…

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Factris raises €5m in Series A funding

Amsterdam based fintech company focused on unpaid invoices raised €5m in Series A funding led by AB Ventures.

The company intends to use the funds to continue to expand operations and its business reach. Factris is now at various stages of...…

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Veem raises $31m in strategic funding

San Francisco based business payments network raised $31m in strategic funding led by Truist Ventures.

“This funding round marks an important milestone for the company, putting us in an ideal position to build out our channel partner...…

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Acko raises $60m in Series D funding

India based digital insurer raised $60m in Series D funding led by Munich Re Ventures.

“We’re excited to join forces with one of the leading digital insurers in India, as well as other investment partners, to help support...…

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Alloy raises $40m in Series B funding to digitally onboard banking customers

New York based identity operating system for the financial services industry raised $40m in Series B funding led by Canapi Ventures. 

“All of the risk and fraud requirements to validate identity were designed for the brick-and-mortar world,” co-founder and CRO Laura...…

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Finch raises $1.8m in Seed funding

New York based fintech service for millenials to invest via a checking account raised $1.8m in Seed funding led by Mendoza Ventures.

“We’re proud to be the first to launch an investing account with the flexibility of checking,” says Ganu. He points out that Acorns...…

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dLocal Group raises $200m in new funding at a $1.2b valuation

Uruguay based provider of payment processing solutions in emerging markets raised $200m in new funding led by General Atlantic.

“I am extremely proud of what the team at dLocal has achieved since we started serving global ecommerce players four years ago,” said...…

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CashKaro raises $10m in Series B funding

India based cashback and coupon site raised $10m in Series B funding led by Korea Investment Partners.

“We are the only VC-funded cashback site in India. While capital itself is not the differentiator, it is what we have been able to do...…

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Orchard raises $69m in Series C funding

New York based home buying and selling platform raised $69m in Series C funding led by Revolution Growth.

Orchard cofounder and CEO Court Cunningham had this to say in a prepared statement: In the same way Amazon has fundamentally changed...…

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Groww raises $30m in Series C funding

India based investment app targeting millennials raised $30m in Series C funding led by YC Continuity.

“We believe Groww is building the largest retail brokerage in India. At YC, we have known the founders since the company was just an idea...…

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Deel raises $30m in Series B funding

San Francisco based payroll and compliance platform for international teams raised $30m in Series B funding led by Spark Capital.

“We’ve squashed the conventional notion that there’s a particular radius in which you can attract talent,” said Deel co-founder and CEO,...…

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Payments company, Melio, raises $80m

New York based business payments startup raised $80m in a Series B extension round led by Coatue and General Catalyst.

“At a time when small businesses need the most flexibility, they have the least,” said Matan Bar, Melio Co-Founder and CEO, who...…

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Thunes raises $60m in Series B funding

Singapore based B2B cross-border payments network raised $60m in Series B funding led by Helios Investment Partners.

“This marks a significant milestone in our next phase of growth as we strive towards helping financial institutions and businesses around...…

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PasarPolis raises $54m in Series B funding

Indonesia based insurtech startup raised $54m in Series B funding led by LeapFrog Investments and SBI Investment.

“We plan to invest in infrastructure to help our Mitra be able to engage with our customers more,” said Kumar. “We believe it’s important...…

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Neon Pagamentos raises $300m in Series C funding

Brazil based digital bank raised $300m in Series C funding led by General Atlantic.

Speaking about the investment, Pedro Conrade, Founder of Neon, stated: “Neon was born with a clear purpose: to provide an accessible bank...…

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