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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Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market

New York based aggregator and search engine for car leasing services has raised a $23m Series A led by IAC.

Along with the funding, Honcker is releasing a new version of its app, with more parameters to search for vehicles and get...…

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Teampay raises $4m so you don’t have to steal your CEO’s credit card anymore

New York based corporate virtual credit card startup Teampay has raised a $4m Seed Round led by Crosscut Ventures.

Teampay’s focus is on the mid-market, targeting companies with two hundred to a thousand employees. Hoag said that “Our target customer...…

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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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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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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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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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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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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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Uno Home Loans raises $25 million from Westpac and launches search for new CEO

Sydney based mortgage loan comparison startup Uno Home Loans has raised a $25m funding round from Westpac.

Launched into the market in May 2016, the platform helps Australian homeowners and aspiring homeowners find and broker the right mortgage...…

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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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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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