News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Hinkal raises $1.4m in Seed funding

San Francisco based privacy layer for confidential decentralized finance transactions raised $1.4m in Seed funding led by Salt Fund.

"Hinkal is solving a critical need in the crypto space by providing institutional investors with the additional layer of anonymity they...…

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Moso raises $2m in Seed funding

Los Angeles based shop-to-earn crypto rewards company raised $2m in Seed funding led by Symbolic Capital and Dao5.

"Our platform is engineered to democratize access to web3 for consumers new to the space, simplifying their engagement with and benefit...…

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Fintoc raises $7m in Series A funding

Chile based instant payments API startup raised $7m in Series A funding led by Propel.

“Mexico is the market we will most care about in the next two years and we expect it will represent the bulk of Fintoc’s revenue within...…

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Movement Labs raises $38m in Series A funding

San Francisco based Layer 2 blockchain development firm raised $38m in Series A funding led by Polychain Capital.

"Security has never been a priority for the industry. It's always, like, '$100 million hack,' '$20 million attack' – we're so succumbed...…

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Walmart pushes BNPL loans with One

For One, who is majority owned by Walmart, the move sets the stage for competition with Affirm as a BNPL option entrenched with Walmart.

"The read across here seems to be that any initial concerns that Affirm is being displaced entirely are mollified a bit."

Underline impact: Affordable internet for non-profits

Underline has created a program to make high-speed fiber internet plans accessible to non-profit organizations.

"We’re always thinking about ways to be a good neighbor in El Paso County. I’m excited that with this program we’re able to pay it...…

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Borka raises $4.6m in pre-Seed funding

Egypt based wealth management company raised $4.6m in pre-Seed funding led by DisrupTech Ventures.

"Since day one, we have been on a mission to make high-yield and asset-backed investment opportunities a reality for retail investors."

Bump raised $3m in new funding

New York based creator financial management platform raised $3m in new funding from ImpactX, Capitalize and Serac Ventures.

“I also often had creators complain about the lack of ownership over their creative assets and how painful it was to get loans,...…

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Rockfi raises €3m in new funding

Paris based wealth management platform raised €3m led by Varsity I.

“We are in a trust-based industry where personal intuition is the primary criterion highlighted by our clients."

Rippling raises $200m in growth funding

San Francisco based employee onboarding company raised $200m in growth funding led by Coatue.

"We are a company that is relatively free of any AI products right now."

Givebutter raises $50m in growth funding

Austin based nonprofit fundraising company raised $50m in growth funding led by Bessemer Venture Partners.

"Givebutter is set to become the leading platform for nonprofits to better engage their donors."

OnePay raises $1.3m in pre-Seed funding

Colombia based WhatsApp payments startup raised $1.3m in pre-Seed funding led by Qupa Ventures.

"OnePay partners with Mastercard to enhance financial services via WhatsApp, focusing on Colombia’s underbanked sectors."

FilmChain raises £2.8m in new funding

London based payments startup for film and TV stakeholders raised £2.8m in new funding led by Holt IntersXion.

"The company intends to use the funds to expand operations and its business reach in North America."

Accacia raises $6.5m in new funding

Singapore based decarbonization company raised $6.5m in new funding led by Illuminate Financial.

"Measuring and managing climate risks has become imperative for large financial institutions."

SuperLogic raises $7.6m in new funding

Miami based rewards investing company raised $7.5m in new funding led by Amex Ventures and Sangha Capital.

“We’ve been building loyalty programs since 2018."

Usual Labs raises $7m in new funding

Paris based stablecoin protocol raised $7m in new funding led by IOSG Ventures and Kraken Ventures.

“Usual is dedicated to delivering a stablecoin that upholds a higher standard of safety for its users."

Clazar raises $10m in Series A funding

San Francisco based cloud sales company raised $10m in Series A funding led by Ridge Ventures and Ensemble VC.

“We aim to democratize cloud GTM access for software businesses by automating the ‘opportunity to cash’ lifecycle of every deal."

Xfactor.io raises $16m in Series A funding

AI-powered revenue management company raised $16m in Series A funding led by Accel.

"The funding will primarily advance Xfactor.io's platform by enhancing its AI capabilities."

Ramp raises $150m in growth funding

New York City based corporate card company raised $150m in growth funding led by Khosla Ventures and Founders Fund. 

"We will use AI capabilities to automate cumbersome processes."

Midas raises $45m in Series A funding

Turkey based retail investing company raised $45m in Series A funding led by Portrage.

“We are delighted to announce our Series A fundraise, which is the biggest ever by a Turkish fintech."

Wagestream raises £17.5m in new funding

London based financial benefits platform raised £17.5m in new funding led by British Patient Capital.

The company intends to use the funds to expand that range of services to become a ‘complete financial platform’ for low and middle-income...…

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Pliant raises $19m in Series A funding

Germany based corporate credit card company raised $19m in Series A funding led by PayPal Ventures.

"To facilitate its expansion, Pliant has developed multi-currency capabilities and can now offer its services in 11 currencies.”

GovDash raises $10m in Series A funding

New York based government contract bidding management startup raised $10m in Series A funding led by Northzone.

“The federal contracting community has seen a shrinking of the small business industrial base for much of the past decade.”

Aark raises $6m in Seed funding

London based DeFi liquidity and leverage trading company raised $6m in Seed funding led by HashKey Capital.

"Aark is shaping a future where perpetual DEXs surpass their centralized counterparts."

AgentSmyth raises $2.5m in Seed funding

New York based AI company focused on trading raised $2.5m in seed funding led by Michael Rafferty.

The company intends to use the funds to expand operations and development efforts.

Flatpay raises $47m in Series B funding

Denmark based fintech POS company raised $47m in Series B funding led by Dawn Capital.

“You have to get salespeople to understand the product enough to explain it well to buyers. It sets high standards for how simple your...…

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Centrifuge raises $15m in Series A funding

Dubai based asset tokenization platform raised $15m in Series A funding led by ParaFi Capital.

“We’re focused on building a fundamentally better financial system. DeFi has always been about accessibility, transparency and...…

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Toku raises $9.3m in Series A funding

Chile based recurring payments platform raised $9.3m led by Gradient Ventures.

"Latin America's reliance on manual, inefficient collection processes is a massive drain on businesses and frustrating for their customers."

Nebra raises $4.5m in Seed funding

Decentralized platform aiming to lower the price of settlement on Ethereum raised $4.5m in Seed funding led by led by Nascent.

"This Shared Settlement Layer has the potential to unlock the full potential of blockchain technology and drive its deeper integration...…

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Aligned Layer raises $2.6m in Seed funding

Decentralized Ethereum-based proof verification system raised $2.6m in Seed funding led by Lemniscap.

"Rollups, Bridges, on-chain games, ZKML and many more applications will benefit from Aligned."

Capa raises $1.5m in pre-Seed funding

Latin America focused crypto on- and off-ramp raised $1.5m in pre-Seed funding led by BTV.

"With this boost we aim to be the easiest, quickest, and simplest way in and out of crypto in LATAM."

Finmid raises €23m in Series A funding

Germany based embedded SMB financing company raised €23m in Series A funding led by Blossom Capital.

“At finmid, our mission is to help every business access the capital it needs."

Bridgewise raises $21m in new funding

Tel Aviv based AI-based analysis platform for global securities raised $21m in new funding led by Six Group. 

"This is a major milestone on our mission to close the knowledge and accessibility gap across the global capital markets."

Crypto Valley Exchange raises $7m in new funding

Decentralized DeFi exchange raised $7m in new funding led by Fabric Ventures.

“As we put the finishing touches to CVEX, it’s clear to us that this is more than just incremental innovation, we are here to transform...…

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Claimbuddy raises $5m in Series A funding

India based health insurance claim assistance platform raised $5m in Series A funding led by Bharat Innovation Fund.

“Our vision for ClaimBuddy has always been to alleviate the burden on both patients and hospitals in navigating complexities of...…

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Pula raises $20m in Series B funding

Kenya based agricultural insurtech raised $20m in Series B funding led by BlueOrchard.

“Partnering with this group of like-minded investors to boost the growth of Pula globally is a very exciting milestone in driving our...…

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Sumday raises $3.4m in Seed funding

Tasmania based carbon accounting company raised $3.4m in Seed funding led by Planeteer Capital.

The company intends to use the funds to expand operations across the UK, EU and US, and its development efforts.

Algbra raises £3.75m in Seed funding

UK based sharia-compliant neobank raised £3.75m in Seed funding led by SC Ventures.

“We are the first Fintech to take a fully values-based approach to serving communities with a truly systemic approach to financial...…

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Anrok raises $30m in Series B funding

San Francisco based sales tax platform for software companies raised $30m in Series B funding led by Khosla Ventures.

“With Anrok, the path was simple. Anrok helps us manage risk more effectively, and avoid surprise hits to our bottom line.”

Auradine raises $80m in growth funding

California based blockchain infrastructure company raised $80m in growth funding led by StepStone Group.

“We are very proud of the advancements that our team has made in bringing innovative, energy-efficient, and secure products to our...…

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Santander to launch Openbank digital bank in U.S., Mexico

Openbank serves 2m customers in four European countries — Spain, Portugal, Germany and the Netherlands — and has €18b in deposits.

"Openbank is the largest digital bank in Europe by deposits with among the highest customer loyalty and satisfaction."

Tomo raises $3.5m in Seed funding

LA based crypto social finance startup raised $3.5m in Seed funding led by Polychain Capital.

"Tomo's mission is to pioneer a multichain Web3 Social Wallet that unlocks unique blockchain-enabled opportunities."

TaxDown raises €5m in new funding

Spain based tax planning and filing platform for Spain and Latin America raised €5m in new funding led by Base10.

"Our goal this year is to reach 3 million users and continue strengthening our presence in Latin America."

Alpen Labs raises $10.6m in Seed funding

 New York based bitcoin scaling startup raised $10.6m in Seed funding led by Ribbit Capital.

"Alpen Labs aims to help fix certain problems related to the Bitcoin network, such as privacy, programmability and scalability, using...…

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Mimo raises £15.5m in Series A funding

London based B2B payments platform raised £15.5m in Series A funding led by Northzone.

“SMEs and financial professionals have to jump between apps and spreadsheets to pay invoices or make and chase international payments,...…

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Ikas raises $20m in Series A funding

Turkey based e-commerce platform raised $20m in Series A funding led by IFC.

“Most of Europe is predominantly neglected or underserved by those U.S.-based giants,” he said. “The global platforms lack customer...…

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Akad raises $22.5m in Series A funding

Brazil based insurtech raised $22.5m in Series A funding led by Valor Capital Group and Across Capital.

“Artificial Intelligence is starting to have significant importance in various economic sectors, and we believe it will be no different...…

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FloQast raises $100m in Series E funding

California based workflow automation software for accountants raised $100m in Series E funding led by Iconiq Growth. 

“FloQast can be a catalyst for accelerated financial transformation, starting with the automation of routine, repetitive tasks to empower...…

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Juicer raises $5.3m in Seed funding

San Francisco based provider of restaurant revenue management and pricing solutions raised $5.3m in Seed funding led by York IE.

"The restaurant industry is at an inflection point, and operators who embrace the power of data and technology will be the ones to thrive...…

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Smartpay raises $7m in Seed funding

Japan based digital embedded finance company raised $7m in Seed funding led by SMBCVC and Angel Bridge VC.

“The average order value per customer during the month of introduction was more than 1.5 times higher than other payment methods, and we...…

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Summer raises $9m in Series B funding

New York based student loan solution raised $9m in Series B funding led by Rebalance Capital and SemperVirens. 

“A lot of people hear ‘student loans’…they really think college students or people in their 20s. And the reality is, 50% of the people...…

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TransferGo raises $10m in new funding

U.K. based global remittances fintech raised $10m in new funding led by Taiwania Capital.

“We are still taking customers from incumbents: 75% come from cash, banks and Western Union — that’s still the gorilla in the room.”

Mezo raises $21m in new funding

San Francisco based Bitcoin scaling network raised $21m in new funding led by Pantera Capital.

"Our goal with Mezo is to extend the Bitcoin network to bring 25% of the world's economy on-chain — roughly in line with the size of the...…

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Honey Insurance raises $108m in Series A funding

Australia based home insurance startup raised $108m in Series A funding led by Gallatin Point Capital.

"The startup operates through an underwriting relationship with Australian insurer RACQ, offering comprehensive home, renters, and...…

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Novidea raises $30m in Series C funding

Israel based enterprise insurance management platform raised $30m in Series C funding led by HarbourVest Partners.

"The insurance sector is at a major inflection point, and we see significant growth potential as more organisations transition away from...…

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Monad Labs raises $225m in Series A funding

New York based Layer 1 blockchain developer raised $225m in Series A funding led by Paradigm.

"Monad is scaling all aspects of EVM performance by enabling developers to build next generation applications that will significantly...…

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Ellipsis Labs raises $20m in Series A funding

New York based crypto exchange developer raised $20m in Series A funding led by Paradigm.

"Ellipsis Labs set out 1.5 years ago to build better on-chain liquidity primitives, and Phoenix pairs the efficiency of order books with...…

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Raiinmaker raises $7.5m in Seed funding

Santa Monica based web3 infrastructure company raised $7.5m in Seed funding led by Jump Capital and Cypher.

"Raiinmaker also announced plans to launch in mainnet this April, with the launch of its native token COIIN following shortly after."

SingleInterface raises $30m in growth funding

Singapore based offline-to-online SaaS company raised $30m in growth funding led by Asia Partners.

"The company works with over 400 multi-location brands across India, Southeast Asia, and the Middle East to help them manage the digital...…

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Electronica Finance raises $48m in Series B funding

India based micro and SME loans company raised $48m in Series B funding led by LeapFrog Investments.

"EFL offers products like machine loans, rooftop solar loans and working capital loans, as well as micro loans against property in semi...…

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Brim Financial raises $85m in Series C funding

Toronto based credit card platform and payment automation company raised $85m in Series C funding led by EDC Investments.

"The company says its technology lets clients decrease time to market while reducing the cost and challenges that come with building and...…

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Pigment raises $145m in Series D funding

France based business planning company raised $145m in Series D funding led by ICONIQ Growth.

"In 2023, the startup managed to triple its revenue and double its customer base with well-known clients like Unilever, Datadog, Kayak...…

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PrismaStake raises $6m in Seed funding

Australia based multi-chain staking platform raised $6m in Seed funding from investors including Binance and Bixin Ventures.

"The platform's support for a wide array of blockchain protocols, including EVM-compatible chains and Layer 2 solutions, bridges the gaps...…

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KreditBee raises $9.4m in Series D funding

India based digital lending company raised $9.4m in Series D funding led by Wiseanya.

"KreditBee targets young professionals, offering personal loans up to $5,200 with flexible tenure options from two to 15 months and...…

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Netgain raises $35m in growth funding

Denver based accounting software company raised $35m in growth funding led by Summit Partners.

"[The accounting] workforce shortage further exacerbates the widespread experience of burnout for accounting and finance teams that are...…

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Aidum raises $19m in Series A funding

Colorado based mortgage technology company raised $19m in Series A funding led by PeakSpan Capital.

"In a rapidly evolving mortgage market, loan officers face the critical decision of embracing advanced technology solutions or struggling...…

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Agora raises $12m in Seed funding

U.S. based stablecoin platform raised $12m in Seed funding led by Dragonfly.

"Agora is upending the [stablecoin market] by approaching the it from a customer first perspective while building best in class...…

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Merkle Trade raises $2.1m in Seed funding

Singapore based decentralized trading platform raised $2.1m in Seed funding led by Hashed and Arrington Capital.

"The platform combines gaming elements and social trading to democratize the trading experience."

Coadjute raises £3m in growth funding

London based property-based workflow automation company raised £3m in growth funding led by Lloyds Banking Group. 

"The Coadjute network uses distributed ledger technology and is designed to sit behind the front-end systems [property] businesses...…

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Lockchain.ai raises $4.6m in Seed funding

Georgia based blockchain risk management company raised $4.6m in Seed funding led by Lerer Hippeau.

"All responsible financial services firms that want to engage with digital assets need a robust risk management process."

Bizplay raises $22.5m in Series A funding

Seoul based expense management and business travel company raised $22.5m in Series A funding led by JB Financial Group.

"Although the primary focus of the strategic investment is on Bizplay, the agreement also entails forging business alliances across...…

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XION raises $25m in Series A funding

New York based developer blockchain platform raised $25m in Series A funding from investors including Multicoin and Animoca.

"XION is built by Burnt, a self-described Web3 foundry that offers a smart contract development toolchain."

Constantinople raises A$50m in Series A funding

Australia based banking software provider raised A$50m in Series A funding led by Prosus Ventures.

"The fintech company has developed an all-in-one software and operational platform for digital banking covering both retail and business...…

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Bavest raises €1.1m in pre Seed funding

Germany based financial data company raised €1.1m in pre Seed funding from investors including ReZoom Capital and Nautic Ventures.

"Our technology is not just a tool, but rather a door opener to new dimensions in the investment process."

Nomoex raises $2m in Seed funding

India based crypto trading platform raised $2m in Seed funding led by Aydton Ventures.

"As we embrace this new chapter, we’re thrilled to announce that our listing date will be unveiled on March 29th."

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