News by FinTech Collective

Contributors

News by FinTech Collective Archive

Lean Technologies raises $33m in new funding

Saudi Arabia based fintech company focused on accessing bank customer data raised $33m in new funding led by Sequoia Capital India.

The Saudi company is benefiting from what it sees as an open-banking transformation taking place in the Middle East. Businesses use its...…

Read More…

M2P Fintech raises $56m in Series C funding

India based payments infrastructure startup raised $56m in Series C funding led by Insight Partners.

“We also help them upgrade their tech stack. There’s a movement underway as banks are transitioning from being capex-heavy product...…

Read More…

Autograph raises $170m in Series B funding

Santa Monica based NFT platform raised $170m in Series B funding led by a16z and Kleiner Perkins.

"We're in the midst of an exciting moment in the evolution of the next generation of the internet," Haun said in a press release....…

Read More…

Clari raises $225m in Series F funding

California based revenue operations platform raised $225m in Series F funding led by Blackstone Growth. 

“Clari has transformed the revenue and sales process from an antiquated mess to a software- and data-driven business process that is...…

Read More…

April raises $10m in Seed funding

Israel based payments startup raised $10m in Seed funding led by Team8.

“Our mission is to be the accessible and affordable accountant that taxpayers could never afford,” said Daniel Marcous, April co-founder...…

Read More…

Routefusion raises $10.5m in Seed funding

Austin based provider of cross-border payments software raised $10.5m in Seed funding led by Canvas Ventures.

“Banks and other financial services companies are really just risk companies. They’re not payments companies, and that’s not necessarily...…

Read More…

BillEase raises $11m in Series B funding

Philippines based BNPL startup raised $11m in Series B funding led by BurdaPrincipal Investments.

“Credit scoring is also something we constantly tinker with,” he added. “As new data comes in or new variables become available, we...…

Read More…

Curbio raises $65m in Series B funding

Maryland based pay-at-closing home improvement platform raised $65m in Series B funding led by Revolution Growth.

"Curbio is taking an outdated, broken process and dramatically improving it to benefit realtors, home sellers, and subcontractors.  We're...…

Read More…

Doconomy raises $19m in growth funding

Sweden based provider of climate impact-focused credit cards raised $19m in growth funding led by CommerzVentures.

“With Doconomy the power of the conscious consumer is unleashed. Corporates are increasingly acting on the much needed shift to greater...…

Read More…

Moss raises €75m in Series B funding

Germany based spend management startup raised €75m in Series B funding led by Tiger Global. 

CEO and Co-Founder, Ante Spittler, said: “There is a strong demand in the market to further digitize and automate financial processes and...…

Read More…

Personetics raises $85m in new funding

Israel based provider of personalized advice tech for legacy banks raised $85m in new funding led by Thoma Bravo.

“Banks are increasingly moving from a passive to a proactive relationship with customers, and looking for new ways to help them improve...…

Read More…

Facet Wealth raises $100m in Series C funding

Baltimore based provider of financial planning benefits for employees raised $100m in Series C funding led by Durable Capital Partners.

“The average client pays about $3,000 per year. We’re more affordable than what a traditional financial advisor would charge,” Jones...…

Read More…

iTrustCapital raises $125m in Series A funding

Los Angeles based crypto IRA provider raised $125m in Series A funding led by Left Lane Capital. 

The company says it also intends to provide an income-generating option in the form of staking services in the near future. It likewise...…

Read More…

Rain Financial raises $110m in Series B funding

Bahrain based crypto brokerage raised $110m in Series B funding led by Kleiner Perkins and Paradigm. 

“We believe Rain is a crucial piece of the puzzle for bringing the Middle East deeper into the new crypto economy. Their emphasis on...…

Read More…

Spendesk raises €100m in Series C funding

France based corporate spend management platform raised €100m in Series C funding led by Tiger Global. 

“We have had this goal since the beginning — we really want to become this platform, this operational system to manage your spending,”...…

Read More…

Pinwheel raises $50m in Series B funding

New York based payroll API raised $50m in Series B funding led by GGV Capital.

“One of our customers, for example, may be a teacher or a nurse who may be in the same job for five or six years, may have a FICO [credit...…

Read More…

Payflow raises $9.1m in Series A funding

Spain based salary advance startup raised $9.1m in Series A funding led by Seeya Ventures and Cathay Innovation.

“We differentiate from other pay-on-demand companies because we have never charged an employee for using the service (we are the first...…

Read More…

Burnt Finance raises $8m in Series A funding

New York based decentralized auction protocol built on the Solana blockchain raised $8m in Series A funding led by Animoca Brands.

Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: “Minting and trading assets in a permissionless ecosystem is...…

Read More…

Float raises $7m in Seed funding

Ghana based provider of business cashflow solutions raised $7m in Seed funding led by Tiger Global and JAM Fund.

“We needed credit and proceeded to get an overdraft from a long-term partner bank where we had transacted more than $100,000. But the...…

Read More…

Gr4vy raises $15m in Series A extension funding

San Mateo based provider of cloud-native payments orchestration solutions raised $15m in Series A extension funding led by March Capital. 

Solomon Hailu, partner of March Capital said: “Digital payments methods today come in more forms than ever before, resulting in merchants...…

Read More…

Bolt raises $355m in Series E funding

San Francisco based e-commerce checkout experience company raised $355m in Series E funding led by BlackRock.

“It may seem like a lot of money raised, but actually no, this is capital for us to be competitive,” he added. “We don’t just want to be...…

Read More…

Conduit raises $17m in Seed funding

Boston based API for decentralized finance products raised $17m in Seed funding led by Portage Ventures.

"We’re excited to back Conduit, as we believe bridging the DeFi and fintech worlds is a massive opportunity," says Stephanie Choo,...…

Read More…

Web3Auth raises $13m in Series A funding

Singapore based crypto onboarding and authentication startup raised $13m in Series A funding led by Sequoia Capital India.

“Users use keys as accounts to trade, hold assets or just interact with blockchains, so control and security of those keys are...…

Read More…

Accrue Savings raises $25m in Series A funding

Delaware based “save now pay later” startup raised $25m in Series A funding led by Tiger Global. 

“Brands have tremendous influence, and while there is a deep misnomer that Americans don’t save, our own research shows that people were...…

Read More…

AcreTrader raises $40m in Series B funding

Arkansas based farmland investing platform raised $40m in Series B funding led by Anthemis Group.

“Over the last few years, we’ve seen that land investing can consistently deliver strong returns even when markets experience turbulence....…

Read More…

Pluang raises $55m in Series B extension funding

Jakarta based investment app raised $55m in Series B extension funding led by Accel.

Kolonas said the new interest in investment is driven by the country’s high rates of smartphone penetration and savings per capita....…

Read More…

Paysail raises $4m in Seed funding

San Francisco based invoicing payments platform that leverages asset-backed stablecoins raised $4m in Seed funding led by Uncork Capital.

“There have been enormous strides in making payments between, let’s say, the US and Canada, significantly cheaper and quicker. But if...…

Read More…

CAIS raises $225m in growth funding

New York based alternative investment platform for financial advisors raised $225m in growth funding led by Apollo and Motive Partners.

"We are honored to have Apollo, Motive, and Franklin Templeton as our new shareholders and partners," said Matt Brown, Founder and CEO of...…

Read More…

Accelerant raises $193m in new funding

Atlanta based insurance risk exchange raised $193m in new funding led by Eldridge Industries.

“Managing general underwriters often complain that the market lacks transparency, there is little shared risk and that the industry at...…

Read More…

Refyne raises $82m in Series B funding

India based earned wage access platform raised $82m in Series B funding led by Tiger Global. 

In a statement, Alex Cook, a partner at Tiger Global, said: “We believe Refyne will be the preferred partner for large employers that...…

Read More…

Acorn Finance raoses $8.4m in Series A funding

Sacramento based marketplace for home improvement financing raised $8.4m in Series A funding led by MassMutual Ventures.

"This new funding will allow us to double our team and expand Acorn's technology to instantly provide customers with the most competitive...…

Read More…

Twig raises $35m in Series A funding

London based cash-out app for lifestyle assets like fashion raised $35m in Series A funding led by Fasanara Capital. 

“Essentially our core business is we enable consumers to get paid for their old items and in the process we give a new life to their...…

Read More…

Qonto raises €486m in Series D funding

France based challenger bank focused on businesses raised €486m in Series D funding led by Tiger Global and TCV.

“Around a third of our customers created their companies with us. It’s their first account and the only one that they use,” Alexandre...…

Read More…

Brex raises $300m in Series D-2 funding

San Francisco based corporate credit card company focused on startups raised $300m in Series D-2 funding led by Greenoaks and TCV.

“We didn’t open up to new ones because we had so many new investors with deep pockets who we’d promised we’d give more allocation to over...…

Read More…

Novo raises $90m in Series B funding

Miami based neobank for SMBs raised $90m in Series B funding led by Stripes.

“We are competing against big banks. They are the only ones we are concerned with because they own 99% of the market,” said Michel...…

Read More…

KionWorks raises $43m in Series C funding

Indonesia based financial platform for SMEs raised $43m in Series C funding led by MDI Ventures.

Arifin said that since KoinWorks’ monthly disbursement rate reached $50 million a month, its take rate has grown enough that the company...…

Read More…

Alasco raises $40m in Series B funding

Munich based financial management platform for real estate projects raised $40m in Series B funding led by Insight Partners.

Speaking on the future of the company, CEO and founder Sebastian Schuon, said: “By the end of 2022, we plan on doubling our headcount...…

Read More…

Qraft Technologies raises $146m in new funding

Seoul based enabled fintech company raised $146m in new funding led by SoftBank. 

“Asset management has probably been the slowest adopter to AI, outside of trading,” Mr. Nestor said. “Many firms are now going through...…

Read More…

PrimaryBid raises $150m in Series C funding

London based new public share investment platform is raising $150m in Series C funding led by SoftBank. 

PrimaryBid was also assisted by changes to the pre-emption rules at the start of the crisis, enabling companies to increase the amount of...…

Read More…

Goldfinch raises $25m in Series A funding

California based DeFi credit platform focused on developing markets raised $25m in Series A funding led by a16z crypto.

“We just see enormous potential to expand access to capital and build this bridge to borrowers in the real world,” Sall tells TechCrunch.

Rupify raises $24m in Series A funding

India based B2B payments platform raised $24m in Series A funding led by Tiger Global and Bessemer Venture Partners.

“Our B2B BNPL is currently operating at some of the category-leading B2B marketplaces in India across sectors such as FMCG, pharma,...…

Read More…

Robinhood Announces Beta Launch of Crypto Wallet

Robinhood explained how the crypto wallet will work, with comments on the design, wallet addresses, and network/gas fees.

Robinhood has announced the upcoming beta launch of its cryptocurrency wallets a project first unveiled in September to allow customers...…

Read More…

Finexio raises $10m in growth funding

Orlando based accounts payable payments-as-a-service startup raised $10m in growth funding led by Mendon Venture Partners. 

Ernest Rolfson, Founder and CEO of Finexio said, "Our 'Payments as a Service' platform allows banks to facilitate rich, personalized...…

Read More…

Timo raises $20m in new funding

Vietnam based digital banking startup raised $20m in new funding led by Square Peg.

Tushar Roy, Square Peg Southeast Asia Partner said: “We have been impressed by the Timo team’s vision to transform banking in Vietnam. In...…

Read More…

Brankas raises $20m in Series B funding

Indonesia based open banking startup raised $20m in Series B funding led by Insignia Ventures Partners.

In a statement about its investment in Brankas, Insignia Ventures Partners principal Samir Chaibi, said, “We have also been impressed by...…

Read More…

Sygnum raises $90m in new funding

Switzerland and Singapore based digital asset bank and trading platform raised $90m in new funding led by Sun Hung Kai & Co.

“The digital asset economy is rapidly crossing the chasm to mainstream adoption, where investors will demand fully-regulated solutions as...…

Read More…

PayFit raises €254m in Series E funding

France based provider of payroll and HR management solutions for SMEs raised €254m in Series E funding led by General Atlantic.

“It’s true that we had never communicated about our valuation before. We only shared the size of our funding rounds,” co-founder and CEO...…

Read More…

OpenSea raises $300m in Series C funding

New York based NFT marketplace raised $300m in Series C funding led by Paradigm and Coatue.

“Devin and Alex have shown true grit over the last four years, weathering uncertainty and sticking to their vision of NFTs as an...…

Read More…

CellPoint Digital raises $25m in new funding

London based provider of e-commerce and payment solutions raised $25m in new funding from Toscafund and its Penta Capital affiliate.

“With a business foundation that is stronger than it’s ever been, the logical next step is to widen our global reach and penetrate new...…

Read More…

Metaversal raises $50m in Series A funding

Miami based NFT projects investment and production startup raised $50m in Series A funding led by CoinFund and Foxhaven Asset Management.

“We are thrilled to welcome some of the foremost blockchain and technology investors into our mission to invest in the infinite stories...…

Read More…

Cion Digital raises $12m in Seed funding

Austin based enterprise SaaS blockchain orchestration platform raised $12m in Seed funding led by Green Visor Capital and 645 Ventures.

Cion is currently piloting its platform with "half-a-dozen customers," including a fintech lender and a vehicle dealer, according to...…

Read More…

Ant Money raises $20m in Series A funding

Newport Beach based embedded finance platform raised $20m in Series A funding led by Franklin Templeton.

“Building an investment account early in life can help people on the road to financial success, but many people don’t start because they...…

Read More…

Arcade raises $15m in Series A funding

New York based DeFi marketplace and lending platform for financing NFTs raised $15m in Series A funding led by Pantera Capital.

There are several such platforms that facilitate loans against NFTs, including NFTfi and Pawnfi. Masiello said Arcade's competitive edge...…

Read More…

Chai raises $45m in Series B funding

Seoul based payment solutions company raised $45m in Series B funding led by Nyca Partners and Softbank Ventures Asia.

“We are excited to continue our partnership with CHAI as they grow in Korea and expand across southeast Asia, which is ripe for digital...…

Read More…

Taptap Send raises $65m in Series B funding

New York based cross-border money transfer platform raised $65m in Series B funding led by Spark Capital.

“It’s quite easy to say remittances are crowded, but you could have said that for social networking or videoconferencing before TikTok or...…

Read More…

Monzo raises $600m in Series H funding

UK based challenger bank raised $600m in Series H funding led by Abu Dhabi Growth Fund. 

“The high level of investor interest we’ve had in this round is testament to our performance as well as the huge opportunity that lies...…

Read More…

iCapital Network raises $50m in new funding

New York based fintech platform for alternative investing raised $50m in new funding led by WestCap.

The New York-based startup’s platform is used primarily by wealth managers to provide clients with comparative data on quality funds and...…

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.