News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Technology improving global trade efficiency

International trade suffers from inefficient supply-chain logistics and financing options.  This article reviews various ways in...

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Verse secures $8.3m Series A

San Francisco and Barcelona based p2p payments startup Verse has raised $8.3m in Series A funding led by Greycroft. Verse is aiming to...

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Coins.ph closes $5m Series A

Phillipines based bitcoin startup Coins.ph has secured $5m in Series A funding led by Accion Frontier Inclusion Fund. Notably, the...

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KredX secures Rs 40 Cr Series A

Bengaluru based invoice discounting marketplace KredX has raised Rs 40 Cr in Series A funding led by Sequoia Capital. KredX has built a...

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Aevi raises €10m in venture funding

Germany based b2b apps and services marketplace, as well as  provider of global payments transactions, Aevi has raised €10m in...

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Lending Club turns to auto refinancing

Lending Club has announced that it plans to enter the auto refinancing field as it attempts to regroup following the forced resignation...

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Neos Secures £1m in Seed Funding

London based InsurTech startup Neos has raised £1m in Series Seed funding led by Eos Venture Partners. Designed to prevent the damage...

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Ibanfirst raises $11m in venture funding

France based banking startup Ibanfirst has raised $11m in venture funding led by investor Xavier Niel. Ibanfirst provides better exchange...

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TravelBank secures $10m Series A

San Francisco based expense management platform TravelBank has raised $10m in Series A funding led by NEA. TravelBank can predict what...

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Nvoicepay raises $10m Series F

Portland, OR based payment automation provider Nvoicepay has secured $10m in Series F funding led by Napier Park Global Capital. The...

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Advisors who outsource investment management make more money

Outsourcing investment management can help boost revenues, according to a survey of 8,000 advisors.  

The effects of each business model boil down to where advisers dedicate their resources and time, according to the study. Firms that...…

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Ladder secures $14m Series A funding

Palo Alto based life insurance tech company Ladder has raised $14m in Series A funding led by Canaan Partners. Founded in 2015 by Jamie...

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Finrise raises $5.4m in funding

California-based healthcare lender Finrise has raised $5.4m in debt and seed equity funding from investors Mayfield, NFX Guild, WTI and...

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Next Billion-Dollar Startups 2016

Forbes reviews startups on the cusp of unicorn status, including fintechs GoFundMe, Yapstone, BitSight, and Collective Health.

Startups are the spark that lights the engine of the U.S. economy. The most successful of them, companies like Airbnb, Uber, and...…

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WealthNavi Secures $15m Series B

Tokyo based investment robo-advisory service WealthNavi has closed a $15m Series B funding round with participation from SBI, Mizuho...

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Ummeed Housing Finance raises $3.5m Series A

Delhi based affordable housing finance company Ummeed Housing Finance has secured $3.5m in Series A funding led by Lok Capital and Duane...

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Bezahlt raises €3.5m in venture funding

Berlin based invoice financing company Bezahlt has secured €3.5m in venture funding from Fly Ventures, German Startups Group, La Famiglia...

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GoFundMe surpasses $3 billion in donations

San Diego based crowdfunding pioneer GoFundMe has surpassed $3 billion in total donations through their platform. Launched in 2010,...

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Fintech Investment Slides as Insurance Tech Gains

While investment into lending startups has receded in recent months, insuretech startups are gaining steam in their capital raising efforts.

About $945.6 million flowed into fintech in the third quarter of 2016, according to Dow Jones VentureSource, a 57% drop from the same...…

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Returnly closes $3.2m seed round

California based online returns platform Returnly has secured a $3.2m seed funding round led by Index Ventures. Returnly lets merchants...

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Kontist secures €2m seed round

Berlin based banking app developer Kontist has raised €2m in seed funding led by Founders and Vækstfonden. The company intends to use the...

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SalaryFits raises €1.25m venture funding

Brazil based sustainable credit startup SalaryFits has raised €1.25m in venture funding from Portugal2020. SalaryFits is a platform which...

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Payfit secures $5.6m Series A

France based payroll technology company Payfit has raised $5.6m in Series A funding led by Otium Capital. Employees can log into Payfit...

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ComplyAdvantage secures $8.2m Series A

London based compliance startup ComplyAdvantage has raised $8.2m in Series A funding led by Balderton Capital. Comply advantage uses...

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CFPB unconstitutional?

The U.S. Court of Appeals for the District of Columbia Circuit has ruled that the organization structure of the Consumer Financial...

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Factom raises $4.2m Series A

Austin based blockchain system Factom has raised $4.2m in Series A funding led by Tim Draper. Factom is a non-currency project that uses...

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Embroker announces public launch

San Francisco based insurance broker and portfolio company Embroker has officially announced its public launch. Embroker is an insurance...

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Abu Dhabi and Dubai put fintech first

The FT profiles the efforts and initiatives the UAE is doing to support and develop its small but active fintech ecosystem.

In early September, international financial centre Abu Dhabi Global Market began a second consultation on plans for the sandbox, the...…

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Capital One acquires online price tracker Paribus

Paribus helps online shoppers get automatic refunds when prices drop on items they purchased.  The company was launched in 2015.

Launched in the Startup Battlefield at TechCrunch Disrupt NY 2015, Paribus’ idea was to automate the process of following up on past...…

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Digital lending platform FlexiLoans secures $15 million

The company's first venture financing was led by a cohort of Indian angel investors.

As a part of this deal, EpiMoney, a non-banking finance company which was founded by Nayar, Sud and Sheshadri, will be acquiring stake in...…

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CCRIF to pay Haiti $20m for Matthew Damages

The payment is an early example of the potential for parametric insurance to help people receive aid faster after natural disasters.

CCRIF’s parametric insurance products are insurance contracts that make payments based on the intensity of an event (for example,...…

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Money Forward completes $11m Series D funding

Tokyo based billing and accounting software platform Money Forward has completed a $11m Series D financing round led by Isetan Mitsukoshi...

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Payoneer raises $180m Series E

New York based digital payments company Payoneer has completed a $180m Series E financing round led by TCV. Payoneer empowers global...

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Dealpath secures $8m Series A

San Francisco based commercial real estate deal management and collaboration software platform Dealpath has raised an $8m Series A round...

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Financeit raises $17m in venture funding

Toronto based point-of-sale financing provider Financeit has secured $17m in venture funding led by backers DNS Capital and The Pritzker...

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Assessing Hurricane Matthew's Collateral Market Damage

Florida-based insurance companies are taking a beating, while reinsurers may be on the hook for large payments for the first time in years.

The potential severity of damages from Hurricane Matthew has been all over the map, as have forecasts for the storm itself (it's now...…

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Lemonade Launch Metrics Exposed!

Lemonade has publicly released data on its first 48 hours in operation post-launch.  Highlights include quote-to-payment conversion...

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iwoca secures £46m debt financing

London based credit startup iwoca has raised £46m in debt financing following a closure of their £21m Series C funding round led by Prime...

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Money 360 secures $8.5m in debt financing

California commercial real estate marketplace lending platform Money 360 has raised $8.5m in debt financing. Money360, Inc. is a direct...

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Unocoin raises $1.5m in venture funding

Bangalore, India based Bitcoin startup Unocoin has raised $1.5m in venture funding from both Indian and American backers. Unocoin runs a...

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Remitly secures $38m financing

Seattle based person-to-person payments startup Remitly has raised $38m in equity funding and debt financing led by IFC and Silicon...

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Aire raises $2m in funding

London based credit score startup Aire has raised $2m in new funding led by White Star Capital. On foot of this new funding and...

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