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Milo raises $6m in Seed funding

Miami based digital banking and lending startup serving global consumers raised $6m in Seed funding led by QED Investors. 

"Global consumers' financial needs are constantly evolving, creating a demand for unique and flexible solutions that support them in...…

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LatAm fintech investment: startups with ‘regional DNA’ attract attention

LatAm fintechs with international growth plans are highly attractive investment opportunities, say venture capital executives.

QED Investors, an equity fund specializing in early-stage, disruptive models, considers whether the business has expansion opportunities...…

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European Central Bank sets up climate change centre

The European Central Bank is to set up a climate change centre, uniting the disparate work streams operating across the bank.

The new unit, which will consist of about ten staff working with existing teams across the bank, will report to president, Christine...…

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Cowrywise raises $3m in pre-Series A funding

Nigeria based digital wealth management and financial planning startup raised $3m in pre-Series A funding led by Quona Capital.

“Wealth management had been strange to many Nigerians because the existing players were not built for the mass market. That has always...…

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Scalapay raises $48m in Seed funding

Ireland based “buy now, pay later” platform raised $48m in Seed funding that includes debt and convertible notes led by Fasanara Capital.

“Johnny [Mitrevski] and I were working together in online marketplaces and witnessed the challenge of acquiring customers and increasing...…

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Check raises $35m in Series B funding

New York based payroll infrastructure startup raised $35m in Series B funding led by Stripe.

“Imagine a yoga studio or a gym and the software that runs their business,” says Brown. “They have the ability to manage the number of...…

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Pilot raises $60m in Series C funding

San Francisco based automated accounting service for SMBs and startups raised $60m in Series C funding led by Sequoia Capital.

“Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release. “After a long...…

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Token raises $15m in Series B funding

London based open banking payments platform raised $15m in Series B funding led by SBI Investment and Sony Innovation Growth.

"Covid-19 has driven a move to digital payments and open banking APIs have stabilized," Todd Clyde, Token's CEO told Insider. "We've seen...…

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Albert raises $100m in Series C funding

California based financial advisory platform raised $100m in Series C funding led by General Atlantic.

Says CEO Yinon Ravid: "We envision a world in which no one, regardless of income or net worth, has to worry about making the wrong...…

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Goalsetter raises $3.9m in Seed funding

New York based kids and family finance app raised $3.9m in Seed funding led by Astia.

“It’s one thing to put a debit card into your teenager’s hands,” said Van Court. “That’s great. That teaches them how to spend money....…

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dYdX raises $10m in Series B funding

San Francisco based maker of a decentralized exchange raised $10m in Series B funding led by Three Arrows Capital and DeFiance Capital.

"China is a very important market for dYdX, DeFi, and the global cryptocurrency industry," dYdX founder Antonio Juliano told The Block....…

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Darwin Homes raises $15m in Series A funding

Austin based real estate startup raised $15m in Series A funding led by Canvas Ventures.

“Single-family rentals are among the most attractive yet untapped asset classes in the U.S. today, offering similar performance to the...…

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Rhino raises $95m in growth funding

New York based insurtech company focused on rent raised $95m in growth funding led by Tiger Global Management.

TechCrunch spoke with Jain, who is also the CEO of Kairos, a brand portfolio that includes the insurance startup, about its new...…

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Fast raises $102m in Series B funding

San Francisco based online checkout company raised $102m in Series B funding led by Stripe and Addition.

"The positive response we've received from online sellers who have installed Fast Checkout has been overwhelming, and the funding we are...…

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Roostify raises $32m in Series C funding

San Francisco based digital platform for mortgage lenders raised $32m in Series C funding led by Ten Coves Capital.

Roostify, which is based in San Francisco and is profitable, intends to use the funding to invest in artificial intelligence to decrease...…

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Elinvar raises €25m in new funding

Berlin based wealth management platform-as-a-service startup raised €25m in new funding led by Toscafund Asset Management.

It claims a number of major German private banks, discretionary portfolio managers and Germany’s largest liability umbrella, Fondsdepot...…

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MotoRefi raises $10m in Series A-1 funding

Virginia based auto refinancing startup raised $10m in Series A-1 funding led by Moderne Ventures.

The company will use the funds to continue to expand its operations, and its business reach and development efforts. Led by Kevin...…

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Paystone raises $69m in strategic funding

Canada based payments and integrated software company raised $69m in strategic funding led by Canadian Business Growth Fund.

“This financing round accelerates Paystone’s vision,” says Tarique Al-Ansari, CEO of Paystone. “We are transforming payments acceptance...…

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Monzo founder Tom Blomfield is departing the challenger bank and says he's "struggled"during the pandemic

Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier this week.

Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo...…

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21 European fintechs to watch in 2021

Sifted has asked seven European fintech founders for their picks of fintech companies to watch for in 2021. 

World-class founders aren’t just experts in their own companies. They are also generally credible sources of expertise about their sector...…

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Trovata raises $20m in Series A funding

San Diego based automated cash management startup raised $20m in Series A funding led by Wells Fargo Strategic Capital.

“We are keen on how technology is reinventing the treasury function into a modern, insight-driven operation that helps our clients...…

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Volopay raises $2.1m in Seed funding

Singapore based “financial control center” for businesses raised $2.1m in seed funding led by Tinder co-founder Justin Mateen.

Shaji told TechCrunch that Volopay decided to expand into Australia because because not only is it a much larger market than Singapore,...…

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Biden logs best stock-market rally from Election to Inauguration Day in history

In the 11 weeks between the Nov. 3 election and Wednesday’s close, the S&P 500 surged a dazzling 14.3%, according to FactSet data.

Looking back historically, the all-time champion for Election Day to Inauguration Day performance had been the one-term Republican...…

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Indy (f.k.a. Georges) raises €35m in Series B funding

France based accounting automation app for freelancers and small businesses raised €35m in Series B funding led by Singular.

Indy first started with a product specifically designed for freelancers, self-employed people, doctors, architects, lawyers, etc. It can...…

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Wintermute raises $20m in Series B funding

London based algorithmic liquidity provider for digital assets raised $20m in Series B funding led by Lightspeed Venture Partners.

“We were doing a lot of OTC transactions with various institutional counterparties and many of them were asking us to offer RFQ so they...…

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Arbol raises $7m in Series A funding

New York based insurtech platform for parametric products raised $7m in Series A funding led by Mubadala Capital.

Arbol previously announced that it had secured in excess of $250 million of its own risk capacity to further the expansion of its...…

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Brigit raises $35m in Series A funding

New York based consumer finance app raised $35m in Series A funding led by Lightspeed Venture Partners. 

“I can't understand budgeting if I'm in financial stress, and one of the main causes of financial stress would be clearly not having...…

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LeoCare raises €15m in Series A funding

France based insurance startup raised €15m in Series A funding from Felix Capital, Ventech and Daphni.

LeoCare can insure your home, your car, your motorbike and your smartphone. You can sign up from the company’s website or install a...…

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PPRO raises $180m in new funding at a $1b+ valuation

London based localized payments platform raised $180m in new funding from Eurazeo, Sprints Capital and Wellington Management.

“PPRO is building solutions for performance in industrial strength. It’s growing rapidly because there are no other players that are...…

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X1 Card raises $12m in new funding

San Francisco based credit card startup that bases decisions on income raised $12m in new funding led by Spark Capital.

The startup believes the credit score system is outdated and doesn’t reflect your creditworthiness. That’s why it doesn’t use it to...…

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Mosaic raises $18.5m in Series A funding

San Diego based strategic finance platform raised $18.5m in Series A funding led by General Catalyst.

“Everyone wants to be strategic, but it’s so tough to do because 80% of your time is pulling data from these disparate systems, cleaning...…

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Fintech Firm Enfusion Raises Funds at $1.5b Valuation

Chicago-based asset management software firm raised $150m in a venture round led by ICONIQ capital at a $1.5b valuation. 

“We’re trying to simplify the overall workflows that an investment manager has to undergo from front to back,” Chief Executive Officer...…

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Nayya raises $11m in Series A funding

New York based insurance benefits management platform raised $11m in Series A funding led by Felicis Ventures.

"The promise of real time access to healthcare data, transparency, and personalized recommendations has not yet translated to better...…

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Moss raises €21m in Series A funding

Berlin based payments platform and credit card for SMBs raised €21m in Series A funding led by Valar Ventures.

Moss provides real and ‘virtual’ credit cards to its customers, setting dynamic credit limits and offering software to keep track of...…

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MoMo raises $100m in Series D funding

Vietnam based e-wallet company raised $100m in Series D funding led by Warburg Pincus and Goodwater Capital.

“We hope to go public in the 2021-2025 period, possibly in 2025. For us, IPO is a must,” Duc said of the prospect of an Initial Public...…

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La Haus raises $35m in Series B funding

Colombia based real estate tech startup raised $35m in a Series B funding led by Greenspring Associates.

People in the U.S. often bring up tools like Redfin or Zillow, La Haus co-founder and President Rodrigo Sanchez-Rios said in an interview...…

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Arca raises $10m in Series A funding

Los Angeles based digital asset management startup raised $10m in Series A funding led by RRE Ventures.

"We believe that the introduction of digital assets as a capital formation and growth bootstrapping mechanism is the greatest innovation...…

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Neat Capital raises $22.5m in Series B funding

Colorado based home financing platform raised $22.5m in Series B funding led by Left Lane Ventures.

Led by Luke Johnson, Founder and Chief Executive Officer, Neat Capital has launched a smart home loan experience that automates the...…

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Brace raises $15.7m in Series B funding

Los Angeles based digital mortgage servicing platform raised $15.7m in Series B funding led by Canvas Ventures. 

Also commenting on the investment round, Rachmel noted: “We’re thrilled to add Canvas Ventures to the Brace family and to see such...…

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Blend raises $300m in Series G funding

San Francisco based digital lending platform raised $300m in Series G funding led by Coatue and Tiger Global.

"We're working to build a smarter future for banking that delivers an end-to-end digital experience for any consumer banking product and...…

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Rho raises $15m in Series A funding

New York based digital banking platform raised $15m in Series A funding led by M13 Ventures.

“We decided to take commercial banking, the entity with few technologies and is the least connected, and bring it to the center of the...…

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Relay Payments raises $43m in new funding

Atlanta based payments startup in the transportation, logistics, and supply chain industries raised $43m in new funding led by Addition.

"This is a trillion dollar industry that still conducts their payments manually, and the market is ready for a change. We're providing...…

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Modern Treasury raises $38m in Series B funding

San Francisco based provider of payment operations software raised $38m in Series B funding led by Altimeter Capital.

“Innovation on the Internet is starting to reach these older-school parts of the economy,” says Modern Treasury CEO and cofounder Dimitri...…

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Zipmex raises $6m in new funding

Singapore based digital assets exchange raised $6m in new funding led by Jump Capital.

Zipmex chief executive officer Marcus Lim said the company’s ambition to become a digital assets bank sets it apart from other exchanges....…

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Clark raises €69m in Series C funding

Germany based digital insurance platform raised €69m in Series C funding led by Tencent.

Founded in June 2015 by Dr. Christopher Oster, Steffen Glomb, Dr. Marco Adelt and Chris Lodde, Clark is an insurance manager that offers...…

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Jedox raises $100m in new funding

Germany based provider of financial modeling and analytics software raised over $100m in new funding led by Insight Partners.

“We want to focus on more than just the finance department,” he said, and the company thinks of FPNA (financial planning and analysis)...…

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MX raises $300m in Series C funding

Utah based data platform for banks, credit unions and fintech companies raised $300m in Series C funding led by TPG Capital. 

“MX is at the epicenter of leveraging data to create positive money experiences,” he said. “In the financial services industry, they are...…

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Udaan raises $280m in Series D funding

India based B2B e-commerce and payments firm raises $280m in Series D funding led by Octahedron Capital and Moonstone Capital.

“Udaan is at the forefront of this uniquely Indian e-commerce opportunity, emerging in the last four years as one of the largest...…

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Ajaib Group raises $25m in Series A funding

Indonesia based online brokerage raised $25m in Series A funding led by Horizons Ventures and Alpha JWC.

Ajaib may eventually expand into other Southeast Asian markets, but for the near future, it sees plenty of opportunity in Indonesia....…

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Pennylane raises €15m in Series A funding

France based accounting startup raised €15m in Series A funding from Global Founders Capital and Partech.

A year after launch, Pennylane has generated €2 million in revenue ($2.5 million) and attracted 550 customers. There are now 30...…

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Bibit raises $30m in growth funding

Indonesia based robo-advisor raised $30m in growth funding led by Sequoia Capital India.

“Traditionally, they also invest real estate or physical godl bars,” he added, but millennial and Gen Z investors are shifting toward...…

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TagPay raises €25m in new funding funding

France based core banking platform raised €25m in new funding funding led by Long Arc Capital.

Vincent Fleury, Partner at Long Arc, commented: “As financial institutions begin to see the benefits of next-generation Core Banking...…

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SimpleNexus raises $108m in Series B funding

Utah based home sale and mortgage platform raised $108m in Series B funding led by Insight Partners.

According to SimpleNexus president Cathleen Schreiner, the company’s most recent funding will assist in its mission to overturn mortgage...…

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Betterfly raises $9m in additional Series A funding

Chile based life insurance startup raised $9m in additional Series A funding led by QED Investors.

Betterfly says it will use the funds to further develop its product offering and reach more businesses, providing its embedded insurance...…

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CRED raises $81m in Series C funding

India based bill payment and rewards platform raised $81m in Series C funding led by DST Global.

In an interview with TechCrunch, Shah said that about 10 percent of CRED’s captable is currently allocated to employees and those who...…

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