News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Cloud9 raises Series B

New York-based financial communications provider raised $14 million in Series B funding from Barclays, JPMorgan and NEX Group.

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Gusto Raises $140 Million

San Francisco-based payroll, benefits and HR technology platform for small businesses, raised $140 million in Series C funding led by T....

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Exclusive: Zuckerberg-backed micro-scholarship startup raises $15 million

San Francisco micro-scholarship startup RaiseMe has raised $15m in Series B funding led by Teamworthy Ventures.

For CEO Preston Silverman, the round is a validation of RaiseMe’s approach, which has been informed by behavioral science. “Shorter...…

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Experian leads $28M investment in Southeast Asia fintech startup C88

Singapore based platform for lenders to reach new customers has raised $28m in venture financing, led by Experian.

The startup was founded in 2013 and it operates services in Indonesia and the Philippines — CekAja.com and eCompareMo.com, respectively —...…

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BlockFi Raises $52.5 Million in Round Lead by Novogratz's Galaxy Digital

New York based collateralized crypto lender BlockFi has raised $52.5m in venture financing led by Galaxy Digital.

The startup offers services in 42 U.S. states and functions similarly to a traditional bank in that it holds clients' funds with a...…

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OpenInvest Secures $10.4M In Series A Round, Led By QED Investors

San Francisco based socially responsible investing platform OpenInvest has raised a $10m Series A led by QED Investors.

"OpenInvest is building the wealth management platform of the future," said Conor Murray, co-founder and chief executive officer. "We put...…

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OnDeck secures new funding sources for Canadian, Australian units

The New York based online lender is turning to two European banks to fund loan growth in its overseas markets.

The online lender’s Australian division will use a revolving credit facility from Credit Suisse to refinance its existing loan book at a...…

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Tally raised $25m Series B led by KPCB

SF based automated credit card debt management app,  has raised a $25m Series B led by VC Kleiner Perkins.

Mamoon Hamid, general partner at Kleiner, who joins Tally's board, says: "They [Tally] have built a layer of technology around a very...…

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Standard Cognition raised $5.5m to create a cashier-less checkout experience

Palo Alto, based developer of a checkout free AI shopping system for the retail industry, raised $5.5 million in funding led by CRV.

“The platform is built at this point – we are now focused on releasing the platform to each retail partner that signs on with us,”...…

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Insurance communication platform, Tower IQ, raised $2m seed round

Boston Based communication platform for the insurance industry has raised $2m in seed funding led by Hyperplane Venture Capital. 

TowerIQ CEO Adam Demos said: “Delivering powerful insight and analytics for insurance markets starts with clean reliable data. At TowerIQ...…

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Fattmerchant raised $10.5m Series C led by Fulcrum Partners

Florida based subscription payments company raised $10.5m Series C round led by Atlanta-based Fulcrum Equity Partners.

“We are excited to continue investing in the rapid growth and technology development of Fattmerchant,” said Philip Lewis, principal of...…

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Next Insurance raised $83m Series B led by Redpoint

Palo Alto based digital insurance startup that helps small businesses get coverage has raised a $83m Series B led by Redpoint.

“The complexity of the small business insurance market is very significant and this leads to a situation where even the largest insurance...…

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UK based micro investment app, Moneybox, raised £14m Series B

London based micro savings and investments mobile app raised £14m Series B led by Eight Roads, Fidelity Internationals investment arm. 

Ben Stanway, co-founder, Moneybox, says: "The traditional wealth management industry is geared to those who already have wealth - a...…

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AsiaCollect raised $4.5m venture round from SIG Asia Investments

Singapore-based credit management service company raised $4.5m led by global technology investment firm SIG Asia Investments.

“As we move into the purchasing segment of the value chain, we are increasingly attracting significant investor interest, both from an...…

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Brazilian start-ups defy economic gloom with record fundraisings

Brazil accounted for most of Latin America’s $1bn in VC investments in 2017 despite some VCs being put off by Brazil's fluctuating currency.

Known for its high costs and bureaucracy, Brazil’s economy is dominated by traditional companies in areas from banking to transport and...…

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Forbes: The 50 Largest Public Companies Exploring Blockchain

Forbes have created a decent centralized list of the 50 largest companies in the world's attempts at playing with blockchain technology.

There’s more than one way to gain exposure to blockchain innovation. Beyond buying over-the-counter products or investing directly in...…

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Healthcare communication and payments platform, Inbox Health, raised $2.4m seed round

New Haven based healthcare communication and payments platform raised $2.4m seed round led by Connecticut Innovations. 

"We are delighted to have the ongoing support of our existing investors, as well as a large vote of confidence from new investors, as we...…

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