News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Rated Labs raises $12.9m in Series A funding

London based blockchain API company raised $12.9m in Series A funding led by Archetype.

"The funds will be used to strengthen Rated Labs' existing product line, which includes a network explorer, data API, and an oracle....…

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Apron raises $15m in Series A funding

London based invoice processing platform for small businesses raised $15m in Series A funding led by Index Ventures.

"The process of sorting invoices, obtaining approvals, and keeping the accounting team informed can quickly become overwhelming. Current...…

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Collective Liquidity raises $12m in Series A funding

California based firm offering financial tools to unicorn shareholders raised $12m in Series A funding led by Aliya Capital Partners.

"Apart from assisting employees, Collective Liquidity also provides investors with an opportunity to gain exposure to its distinct...…

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PortX raises $16.5m in Series B funding

Seattle based startup creating financial services infrastructure for banks raised $16.5m in Series B funding led by Fuse. 

“This is our second investment in the company, and it’s not just a vote of confidence in PortX, but a bet on the transformative power of...…

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Slope raises $30m in new funding

San Francisco based B2B payments platform raised $30m in new funding led by Union Square Ventures. 

“Our involvement in AI predates all the AI hype cycle. Since before our seed, AI was a big differentiator for us. As we collect more...…

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Albo raises $40m in Series C funding

Mexico based neobank raised $40m in Series C funding led by Morpheus Ventures.

"Albo has achieved a user base exceeding 2 million users, and annual transaction volume of US$6.5 billion with a positive contribution...…

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Perenna raises $52m in Series B funding

London based mortgage lender raised $52m in Series B funding led by Silverstripe.

“The UK is a clear outlier when compared to other advanced economies like the US and Denmark. The market is in dire need of reform at a...…

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AnchorWatch raises $3m in Seed funding

Nashville based crypto insurance provider raised $3m in Seed funding led by Ten31.

"Bitcoin owners are still faced with the binary choice between self-custody and third-party sole custodians. In the case of the latter,...…

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Ondorse raises €3.8m in Seed funding

Paris based KYC solution raised €3.8m in Seed funding led by Eurazeo and ISAI. 

"We have witnessed first-hand the pain of scaling fintechs in Europe in our portfolio. The multiplicity of regulations and data sources...…

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Revio raises $5.2m in Seed funding

South Africa based payments orchestration startup raised $5.2m in Seed funding led by QED.

“However, there are unique market challenges and opportunities in how payments are made and collected on the continent. The most glaring...…

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Vega raises $8m in new funding

UK based investment platform for high net worth individuals raised $8m in new funding led by Motive Ventures, Picus Capital, Citi...

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Bright Money raises $12m in new funding

San Francisco based financial wellness startup raised $12m in new funding led by Alpha Wave, Hummingbird and PeakXV. 

"By offering its AI-powered mobile app and customised credit products, Bright Money seeks to help consumers pay off their debts, student...…

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Gringo raises $30m in Series C funding

Brazil based payments and insurance app for drivers raised $30m in Series C funding led by Valor Capital.

“We already help drivers renew their driver’s license and documents. Now we are working on insurance where drivers can choose the best...…

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Cygnetise raises £2.5m in Seed funding

London based blockchain-authorized signatory management company raised £2.5m in Seed funding led by Adjuvo.

“Cygnetise is transforming this currently manual exercise with their digital blockchain technology, leading to increased efficiency,...…

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Avantis Labs raises $4m in Seed funding

New York based DeFi derivatives company raised $4m in Seed funding led by Pantera Capital.

“We saw an opportunity to build a protocol that caters to the complex LPs. They’re not your run of the mill, average Joe; they’re very...…

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Pontoro raises $4.6m in Seed funding

California based infrastructure financing platform raised $4.6m in Seed funding led by Ulu Ventures.

"Pontoro is poised to become the first technology solution for the pressing need to unlock access to investment in infrastructure...…

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Timeline raises £10m in Series B funding

U.K. based financial planning platform raised £10m in Series B funding led by Blackfin Capital Partners.

"Timeline has proved its dedication to offering financial advice firms an affordable framework that benefits both clients and advisers....…

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Traydstream raises $21m in Series B funding

London based trade document automation company raised $21m in Series B funding led by Pivot Investment Partners and e& capital.

“With less than 1% of global trade occurring digitally, modernising trade finance represents a massive opportunity.”

Series raises $25m in Series A funding

San Francisco based enterprise OS for automating business and finance stacks raised $25m in Series A funding led by 776. 

“In a new normal where businesses care about saving money and value time more than ever, Series is a more consolidated, streamlined and...…

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Mintago raises $4.75m in Series A funding

London based financial wellbeing company raised $4.75m in Series A funding led by BlackLion Ventures.

"The cost-of-living crisis is a source of significant stress for millions of Britons, and this can naturally impact their work life – the...…

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Openly raises $100m in Series D funding

Boston based homeowners insurance company raised $100m in Series D funding led by Eden Global Partners.

"Our belief that insurance built from the ground-up on a technology would truly differentiate product and performance, is proving true."

Bolttech raises $50m in Series B funding

Singapore based insurtech raised $50m in Series B funding led by LeapFrog Investments.

"Bolttech shares LeapFrog’s vision of making essential financial solutions more affordable and accessible, especially for the many...…

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Authentic raises $5.5m in Seed funding

New York based turnkey captive insurance company raised $5.5m in Seed funding led by Slow Ventures.

"Authentic's 'captive in a box' allows them to sidestep the current distribution problems of adverse risk selection that the insurance...…

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Kayna raises €1m in pre Seed funding

Dublin based embedded insurance company raised €1m in pre Seed funding led by Delta Partners and MiddleGame Ventures.

"Vertical SaaS has already embraced embedded fintech through payments and capital lending. Embedded insurance is the logical next step,...…

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Vero Technologies raises $8.5m in Series A funding

New York based wholesale financing technology and loan servicing company raised $8.5m in Series A funding led by BankTech Ventures.

"We’ve been fortunate to build a viable product and achieve initial market penetration with minimal funding to date. Now, as we set out...…

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HealNow raises $5.5m in Seed funding

New York based online pharmacy payments company raised $5.5m in Seed funding led by Bonfire Ventures.

"Today, only the largest pharmacy chains have established an online presence, while the majority of the industry remains predominantly...…

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Stoïk raises €10m in new funding

Paris based insurance and cybersecurity software company raised €10m in new funding led by Munich Re Ventures.

"Our ambition is to further democratize cyber-insurance by evangelizing the German brokers in search of solutions adapted to the small...…

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Metaloop raises $17m in Series A funding

Austria based scrap metal trading marketplace raised $17m in Series A funding led by FirstMark Capital.

"By aggregating volumes, identifying better buyers and providing added services like transportation and financing, we can improve the...…

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Plan A raises $27m in Series A funding

Berlin based carbon accounting company raised $27m in Series A funding led by Lightspeed Venture Partners.

"As the climate crisis is defined in large part by the growth of emissions, one of the most urgent challenges, and the only economically...…

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Wamo raises $1.5m in Seed funding

UK based digital business banking account provider raised $1.5m in Seed funding led by Finberg.

"We’re determined to reduce the friction SMEs face when looking to open a business account and this seed extension investment takes us...…

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Enigio raises €3m in new funding

Stockholm based trade finance documentation company raised €3m in new funding led by Lloyds Banking Group.

"As only 1% of the 4 billion trade documents that are in transit daily are digital, Enigio has been working since 2019 to revolutionise...…

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Flex raises $120m in Debt and Series A funding

Miami based credit and finance management company raised $120m in Debt and Series A funding led by Florida Funders.

"The company offers 0% interest for 60 days on all purchases, providing Net-60 float and flexibility for businesses to grow. The platform...…

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TakeCommand raises $25m in new funding

Dallas based employee sponsored, personalized health benefits company raised $25m in new funding led by Edison Partners.

"Large employers, Take Command’s fastest growing segment, are leveraging ICHRAs to mitigate annual renewals, improve minimum...…

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ZayZoon raises $34.5m in Series B funding

Calgary based earned wage access company raised $34.5m in Series B funding led by Framework.

"ZayZoon helps employers recruit and reduce turnover while keeping employees away from predatory loans and unnecessary bank fees."

Bowtie raises $34.9m in Series B2 funding

Hong Kong based virtual insurer raised $34.9m in Series B2 funding led by Sun Life Hong Kong Limited.

"Bowtie has challenged the myth of insurance is sold, not bought, which was previously unimaginable. We take great pride in our support...…

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Bank chiefs relish prospect of AI boost to productivity

Hopes for AI’s ultimate impact remain high, albeit grounded more in nuts and bolts productivity gains than earlier sexier use cases.

“It’s the most profound opportunity for our industry, and for Deutsche Bank, to drive efficiency and to drive automation . . . as well as...…

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Lupiya raises $8.25m in Series A funding

Zambia based neobank raised $8.25m in Series A funding led by Alitheia IDF Fund.

"We have always been on the lookout for startups that are at the cusp of making a significant impact in the financial sector of Africa....…

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Moment raises $17m in Series A funding

New York based bond trading platform raised $17m in Series A funding led by Andreessen Horowitz.

"The why now for the business is somewhat obvious. With interest rates having risen so dramatically, we've seen that demand for fixed...…

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How Sam Bankman-Fried’s elite parents enabled his crypto empire

Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son and provided a halo effect for his company.

The endorsement was part of a pattern. “Both parents really opened doors for Sam,” says a person who was involved in Bankman-Fried’s...…

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Deduce raises $9m in new funding

New York based AI generated identity fraud prevention company raised $9m in new funding led by Freestyle Capital.

Every company that cares about customer data and identity will need a solution like Deduce provides immediately. Deduce has built a...…

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Range Protocol raises $3.75m in Seed funding

Singapore based on-chain asset management platform raised $3.75m in Seed funding led by HashKey Capital and Nomad Capital. 

“Range understands that democratization is a core component of decentralized finance and that this wouldn’t be complete without equal...…

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Octav raises $2.6m in Seed funding

Canada based DeFi labeling and tax reconciliation platform raised a $2.6m Seed funding led by Nascent.

“There hasn’t been a systematic way where the DeFi community can decipher all their transactions from block explorers and get their data...…

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Immix raises $2.7m in Seed funding

London based crypto infrastructure startup raised $2.7m in Seed funding from MassMutual Ventures.

“We believe that a new approach to institutional crypto-asset trading infrastructure is required to unlock mass institutional adoption....…

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Parallax raises $4.5m in Seed funding

Philippines based cross border payments startup raised $4.5m in seed funding led by Dragonfly Capital.

“In the backdrop of BRICS, conversations about the rise of emerging markets and SEA’s explosive growth, we think that Mika and the...…

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Caliza raises $5.3m in Seed funding

Brazilian based embedded finance startup raised $5.3m in Seed funding led by Better Tomorrow Ventures and Abstract Ventures.

“National payment systems are improving rapidly with Central Banks launching real-time payment systems like Pix (Brazil), SPEI (Mexico),...…

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N5 raises $9.5m in new funding

Buenos Aires based analytics platform for the banking sector raised $9.5m in new funding led by Illuminate Financial.

"The market is currently served by some of the largest names in enterprise tech, but in spite of their scale, none offer the full suite...…

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Swan raises $40m in Series B funding

France based embedded payments startup raised $40m in Series B funding led by Lakestar.

“Banking-as-a-service providers usually need to take care of many of their customers, who piggyback on their licenses. They need to take...…

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Lumber raises $5.5m in Seed funding

California based workforce management software company raised $5.5m in Seed funding led by Carbide Ventures.

"The Lumber platform is making unified workforce management vision a reality by integrating disparate data elements from various systems...…

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Hadrius raises $2m in Seed funding

New York based SEC compliance automation company raised $2m in Seed funding led by Y Combinator.

"SEC compliance is necessary for ensuring a mutually beneficial relationship between firm and client, but it requires dozens of hours of...…

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OpenCover raises $4m in Seed funding

San Francisco based decentralized insurance company raised $4m in Seed funding led by NFX and Jump Crypto.

“OpenCover is an insurance alternative and cover aggregator that essentially offers protection against protocol failures, such as what...…

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Perfios raises $229m in Series D funding

India based B2B credit decisioning startup raised $229m in Series D funding led by Kedaara Capital.

“Perfios has created truly the best-in-class fintech SaaS business that plays on the strong secular growth and increasing digitization...…

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Swallow raises $1m in pre Seed funding

U.K. based financial pricing platform raised $1m in pre Seed funding led by Connect Ventures and Jigsaw VC.

“The faster a business can get pricing changes to market, the faster they can impact their bottom line. Swallow makes the pricing process...…

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Helix raises $2m in pre Seed funding

Singapore based lending startup raised $2m in pre Seed funding led by Saison Capital and Superscrypt.

“We believe Helix is well-positioned to bring both credit opportunities and on-chain global liquidity to address the rapidly growing...…

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Cleafy raises €10m in new funding

Milan based fraud prevention company for digital banking raised €10m in new funding led by United Ventures.

“Our goal is not simply to stop fraud; rather, we aim to anticipate attacks and proactively prevent fraud from occurring,”

Common Trust raises $2.6m in Seed funding

San Francisco based employee ownership buyout platform raised $2.6m in Seed funding led by Crossbeam Venture Partners.

“By using employee ownership trusts, our approach allows businesses to become employee owned up front and stay independent, as opposed to...…

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Clara Analytics raises $24m in Series C funding

California based insurance claims optimization firm raised $24m in Series C funding led by Spring Lake Equity Partners.

“Insurers are facing increased pressure to manage losses and expenses, and they have awakened to the value that AI can generate in claims...…

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Alix raises $5.5m in Seed funding

San Francisco based estate settlement company raised $5.5m in Seed funding led by Initialized Capital.

“Alix gives every family the tools needed to compound wealth across generations, starting with estate settlement.”

Nestcoin raises $1.9m in new funding

Decentralized developer of the crypto project Onboard raised $1.9m in new funding led by Hashed Emergent.

“During this transition period, we were trying to make the best decision when there were no good decisions.”

Syscap raises $2.3m in Seed funding

Mexico based private credit platform raised $2.3m in Seed funding led by Wollef.

“What sets Syscap apart is our focus on building a holistic and democratized access to private credit platform, not just for non-banking...…

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Socket raises $5m in new funding

Decentralized cross-chain crypto interoperability protocol raised $5m in new funding led by Coinbase Ventures.

“For us, to have this scalable future, rollup-to-rollup communication is really important.”

Treyd raises $12m in Series A funding

Stockholm based retail financing company raised $12m in Series A funding led by Nineyards Equity.

“Treyd is meeting real and urgent demand from brand and retail customers, and scaling rapidly in the Nordics and across Europe as a result."

Tradeteq raises $12.5m in new funding

London based trade finance distribution platform raised $12.5m in new funding led by MS&AD Ventures.

"The combined expertise of our new partners will undoubtedly support our global mission to facilitate transactions between trade finance...…

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Momnt raises $15m in new funding

Atlanta based embedded lending company raised $15m in new funding led by TruStage Ventures.

“Momnt has been at the forefront of embedded lending innovation since its inception.”

Brine Fi raises $16.5m in new funding

Decentralized crypto exchange raised $16.5m in new funding led by Pantera Capital.

"DEX volumes have remained steady post-FTX while volumes on centralised retail exchanges have dropped."

Certa raises $35m in Series B funding

California based compliance and risk management platform raised $35m in Series B funding led by Fin Capital.

“Every relationship with a third party introduces new risks to a business, and even one bad relationship can be catastrophic.”

Shop Circle raises $120m in Series A funding

London-based e-commerce software company raised $120m in Series A funding led by 645 Ventures.

“The number of software [tools] utilized by e-commerce brands went up approximately five times over the last five years.”

Clay Financial raises $1.7m in pre-Seed funding

Toronto based home equity platform closed $1.7m in pre-Seed funding led by undisclosed investors.

"We are thrilled to have secured such significant pre-seed funding from a group of investors who are not only financial supporters but...…

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Kotani Pay raises $2m in pre-Seed funding

Nairobi based crypto payments focused on remittances raised $2m in pre-Seed funding led by P1 Ventures.

“We either work directly with the local mobile money operators or ride on the charter of regulated partners to ensure that our operations...…

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TANGGapp raises $2.5m in Seed funding

Philippines based company focused on overseas Filipino workers raised $2.5m in Seed funding led by Goodwater Capital.

“Sending money should be as easy as texting, regardless of where you live or what you earn,”

Firstcard raises $4.7m in Seed funding

California based credit builder for college students raised $4.7m in seed funding led by AngelList Early Stage Quant Fund.

“[About] 50% of college students do not have a credit card because they are afraid of overspending and application rejection.”

Opna raises $6.5m in Seed funding

London based carbon credit discovery platform raised $6.5m in Seed funding led by Atomico.

“To achieve their net zero commitments, an increasing number of corporates are seizing control by directly financing the carbon projects...…

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Strise raises $10.8m in Series A funding

Oslo based AML company raised $10.8m in Series A funding led by Atomico.

“If banks don't adapt to AI, they risk falling behind. With crime and regulations becoming more complex, traditional methods aren't...…

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myZoi raises $14m in new funding

UAE based financial services company for low-income migrant workers raised $14m in new funding led by SC Ventures.

“As a tech-led, digital-native company, our drive is to make a meaningful difference not just in the lives of the underbanked, but their...…

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OneID raises £1m in pre-Seed funding

UK based digital identification service provider raised £1m in pre-Seed funding led by ACF Investors.

“As the world increasingly becomes digital-first, we aim to minimise fraud, enhance online experiences, and make the world a safer place.”

Anchor raises $2.4m in Seed funding

Nigeria based banking as a service company raised $2.4m in seed funding led by Goat Capital.

“If you look at the scope of product today, even though there were a few other players that have been in the market before us, there is...…

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Starcart raises €3.5m in Seed funding

Finland based online shopping platform raised €3.5m in Seed funding led by Inventure.

“The reception has been overwhelmingly positive, with customer satisfaction at 4.5 out of 5 stars. The feedback from merchants has also...…

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FirstMate raises $3.8m in Seed funding

Decentralized platform for NFT creators to build digital storefronts raised $3.8m in seed funding led by Dragonfly.

“creators, artists, and platforms today are beholden to one-size-fits-all marketplaces that fail to create, sustain, or grow the direct...…

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MFast raises $6m in Series A funding

Vietnam based financial services distribution network raised $6m in Series A funding led by Wavemaker Partners.

“Having lived in both rural and urban areas, we witnessed firsthand the difficulties people with backgrounds like us face in getting...…

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GenTwo raises $15m in Series A funding

Switzerland based asset securitization company raised $15m in Series A funding led by Point72 Ventures.

"We have always been a strongly technology-focused company and have worked hard to create what we believe is a unique securitization...…

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Ivy raises $20m in Series A funding

Berlin based bank payments company raised $20m in Series A funding led by Valar Ventures.

“The key insight we had was that open banking is going global, but the technology is very domestic.”

Hyperproof raises $40m in growth funding

Washington based risk and compliance management SaaS raised $40m in growth capital led by Riverwood Capital.

“Although there’s been an economic slowdown, the pace of regulatory agencies passing new laws and ratifying new compliance regimes has...…

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ThetaRay raises $57m in growth funding

Israel based anti-money-laundering company raised $57m in growth funding led by Portage.

“In this environment where AI has become very topical you see a lot putting it in their name or leveraging AI technology.”

Ingsai Finance raises $80m in growth funding

San Francisco based high-frequency and algorithmic trading company raised $80m in growth funding led by Grong Capital.

Since its inception in 2022, Ingsai Finance Inc has carved an indelible legacy as a frontrunner in high-frequency and algorithmic trading.

OneID raises £1m in new funding

London based provider of bank verified digital identification services raised £1m in new funding led by ACF Investors.

“OneID, with its simple, trustworthy, and effective solution to a pressing problem, could touch some 50 million UK citizens and make...…

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