News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Israeli digital loan co Blender raises $16m

Israel based peer to peer lender has raised $16m in equity and debt financing, led by Blumberg Capital.  

Blender's services are cheaper than the loans offered by credit companies, but more expensive than bank loans. At the same time, Blender...…

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California Insurtech Startup Gabi Raises $9.5 Million During Latest Funding Round Led By Canvas Vent

San Francisco based insurance rate aggregator and advice startup Gabi has raised a $9.5m Series A round led by Canvas Ventures.

Gabi, a California-based insurtech startup, announced this week it secured $9.5 million during its Series A round, which was led by...…

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Anyfin bags €4.8M Series A to let you refinance your existing loans by taking a photo

Stockholm based consumer credit refinancing startup Anyfin has raised a €4.8m Series A led by Accel and Northzone.

“All the consumer has to do to save a bunch of money is to snap a picture of the credit card bill or loan statement and we do the rest....…

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ChronWell Raises $4.5M for First-Ever Workers’ Compensation Platform

Florida based tech-enabled workers compensation platform ChronWell has raised a $4.5m Series A round from undisclosed investors.

The Series A round will be used to fund the first phase of the company’s innovative platform which covers triage, on-site care, care...…

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Greenlight raises $16m for kids' debit card

Atlanta based youth-focused smart debit card provider Greenlight Financial Technology has raised a $16m Series A round led by TTV Capital.

Atlanta-based Greenlight combines a "smart" debit card with an app to help kids improve their financial literacy while giving parents...…

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Amino Payments raises $4.5M seed round to ramp up hiring

Philadelphia based blockchain adtech analytics startup Amino has raised a $4.5m Seed Round led by First Round Capital.

To date, the firm has brought on $6.25 million in venture capital, including the $1.75 million raise that started out as a small angel...…

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Braviant Holdings Announces $7 Million Equity Raise

Chicago based consumer lending startup Braviant Holdings has raised a $7m funding round from Loom Capital.

Braviant is one of the largest providers of pre-approved direct mail offers of credit for underbanked consumers in its market. Through...…

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NYC aims to become the global epicenter of crypto

Forbes reviews the upcoming “Blockchain Week” in NYC and its headline event (the Consensus conference), which will draw key speakers such...

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China turns off the tap for online lenders

China has tightened approval standards for new consumer credit securitizations, amidst concerns of irresponsible lending practices....

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RecargaPay hauls in $22 mln Series B

São Paulo based Brazil focused mobile payments platform RecargaPay has raised a $22m Series B round led by IFC, TheVentureCity, and Ventech.

RecargaPay is a financial technology company democratizing mobile payments in Brazil that has reached 10 million mobile wallets and...…

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Benzinga Fintech Awards 2018

The window is closing for new entries to the 2018 FinTech Awards, so all category changing fintech startups should apply and .  As a...

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Even Financial Reports $3M Financing Round

New York based marketplace lending supply side platform Even Financial has raised a $3m funding round led by American Express Ventures.

Even Financial has said that its platform includes an API that “matches qualified consumers with the right financial products and...…

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Venture investment in UK fintech more than doubles

Boosted by a handful of large fundraisings, fintech companies raised $1.6bn of venture capital investment last year.  

“There is no doubt that London’s position as a leading financial and technology centre is driven by the UK’s focus on policy and talent,...…

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Payworks Announces $14.5M Series B Investment Round

Munich based POS payment gateway technology startup Payworks has raised a $14.5m Series B round led by CommerzVentures and Visa.

Founded in 2012, Payworks has developed a next generation payment gateway technology, operated in the cloud and provided in a Software as...…

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Diverse Syndicate from Across the Country Invests $3 Million into SafeChain

Ohio based blockchain real estate transaction startup SafeChain has raised a $3m Series A round led by NCT Ventures.

Purchasing real estate today is an inefficient and paper based process that often requires 30 days and up to a dozen different entities...…

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Homesnap raises $14 million for real estate intelligence

Maryland based real estate agent data platform HomeSnap has raised a $14m Series B led by Updata Partners.

Homesnap has registered about 400,000 real estate agents, who use its services to find out things like how long a home has been on the...…

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Tipalti Closes $30 Million Series C Funding Round To Build Out R&D

San Mateo based payables automation startup Tipalti has raised a $30m Series C round led by Zeev Ventures.

Through its platform, Tipalti is typically able to automate 80 percent of a company’s AP and cross-border payments workload. With those...…

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Fullerton leads Series C investment round in Lendingkart

India based digital SME financing platform LendingKart has raised a $87m Series C round led by Fullerton Financial Holdings.

Lendingkart Technologies handles technology and digital marketing, while Lendingkart Finance underwrites loans for small and medium...…

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Global fintech funding holds steady in 2017

Fintech companies raised a total of $31b in 2017, favorable to the $25b raised in 2016 but well below the record $47b raised in 2015....

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DailyPay Announces $9 Million in Series B Funding

New York based employee real-time wage access startup DailyPay has raised a $9m Series B led by Intercept Ventures.

Data shows the average DailyPay user accesses the system approximately one time per week and 94% of employee users self-report they use...…

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Zervant raises €6M for its invoicing software for small businesses

Finland based SMB-focused online invoicing startup Zervant has raised a €6m Series B led by Tesi.

Founded in 2010 and headquartered in Espoo, Finland, Zervant offers simple invoicing software targeting micro enterprises in Europe,...…

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Altegris To Merge With Artivest

The combination of Artivest and Altegris will create the largest independent alternative investment technology firm, managing over $3b in...

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Bitcoin’s Plunge Weighs on Coin Offerings

ICO fundraising has cooled down from the $6b raised in 2017, as many altcoins find themselves trading 50+% lower than their peak levels....

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Cashforce seals EUR2 million Series A funding for international roll out

New York based cash forecasting software startup Cashforce has raised a €2m Series A led by Volta Ventures.  

Cashforce is unique because it offers full transparency into what exactly drives the cash flow of mid-size & large corporates with...…

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A Bargain at $5.3 Billion

Los Angeles may be writing the playbook for more economical spending on the Olympics.  The return on investment may be better for...

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Cryptocurrencies Come to Campus

America's elite law schools, business schools, and computer science departments are seeing a surge of student interest in cryptocurrency...

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Berlin fintech startup Penta fetches seed funding

Berlin based small business digital banking startup Penta has raised a €2.2m Seed Round led by Inception Capital.  

Penta’s unique selling point is that it provides a free bank account as well as a faster service to small businesses who lack the people...…

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Autobooks raises $10 million funding round

Detroit based payments and accounting software startup Autobooks has raised a $10m funding round from investors including Draper...

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Human Interest Raises $11M in Series A Funding

San Francisco based employee benefits software startup Human Interest has raised an $11m Series A led by Wing Venture Capital.

Co-founded by Paul Sawaya and Roger Lee, Human Interest provides small business employers with 401(k) retirement savings plans for their...…

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Dfinity raises $61 million for blockchain-based cloud

Switzerland based blockchain cloud computing startup Dfinity has raised a $61m funding round from Andreessen Horowitz and Polychain Capital.

The Dfinity team ran a public “seed stage” ICO last February and expected to follow that up with a “main” ICO late last year. But the new...…

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Federal Reserve restricts Wells' growth until firm improves governance and controls

The unusual declaration by the Fed comes in response to "pervasive" consumer abuses and compliance breakdowns at the bank.  

The firm did not have an effective firm-wide risk management framework in place that covered all key risks. This prevented the proper...…

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Regulators are looking at cryptocurrency

The SEC and CFTC provide a sober review on regulatory enforcement in the cryptocurrency world. The agencies  aspire to bring...

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London fintech start-up Duco raises £20m

London based self-service data engineering software provider Duco has raised a $28m Series B led by Eight Roads and Insight Venture...

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The sad state of crypto custody

Techcrunch reviews the various issues surrounding both hardware wallets ("cold storage") and internet-connected, software wallets ("hot...

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10 Insurtechs for superb customer engagement

Embroker has been featured as one of Digitial Insurance Agenda Barcelona's "10 Insurtechs that drive superb customer engagement", helping...

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