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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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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Indonesia digital credit card Kredivo raised $30m

Indonesia based digital credit card raised $30m in Series B funding led by Australia’s Square Peg Capital.

“Our goal is to become the preferred digital credit card for millennials in Southeast Asia,” he told TechCrunch. “Those are consumers who...…

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ScaleFactor raised $10m from Canaan Partners

Austin based provider of accounting and payroll management as a service, raised $10m from Canaan Partners.

“Bookkeeping and accounting is really the nucleus,” says Michael Gilroy, a principal with Canaan Partners.

Even raised $40m Series B led by Khosla Ventures

Oakland based financial health startup raised $40m in Series B funding led by Khosla Ventures.

“Americans lose $240 billion every year to predatory financial services like credit cards, overdraft fees and payday loans. In contrast,...…

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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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Publishing our 2018 Annual Report!

Monzo is on the forefront of transparency amongst private companies, providing a full annual report.  Among the highlights are 750k...

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Bambu raised $3m Series A led by Franklin Templeton

Singapore based robo-advisory solutions provider raised $3m Series A led by Franklin Templeton Investments.

Phillips, who is also CEO of Bambu, added: “Early this year we already surpassed the growth targets we had set for 2018, with seven...…

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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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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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