News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Abacum raises $25m in new funding

New York based provider of FP&A software for tech finance teams raised $25m in new funding led by Atomico.

“You would spend so much time just putting the figures together that when you need to actually analyze the data, you run out of time,”...…

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ThreeFlow raises $45m in Series B funding

Chicago based provider of software to insurance brokers selling employee benefits products raised $45m in Series B funding led by Accel.

“A big part of our plan progression here for next year is making investments on the engineering side so that carrier integrations are...…

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Endowus raises $27m in Series B funding

Singapore based digital wealth app raised $27m in Series B funding led by Prosus Ventures, EDBI and Z Holdings. 

“While we can reach profitability today by cutting back on some costs, we do not think it is the right strategy. More than anything we...…

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Mr Yum raises $65m in Series A funding

Melbourne based payments platform for hospitality and entertainment companies raised $65m in Series A funding led by Tiger Global. 

“We made a big bet on QR codes early on,” Teo said. “We saw that QR code readers had been embedded into the iPhone camera about three...…

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Slice raises $220m in Series B funding

India based digital credit card provider raised $220m in Series B funding led by Insight Partners and Tiger Global.

“The bar for consumer design is very high for them. We don’t have to educate them on how to navigate the app. It’s intuitive for them....…

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Fonoa raises $20.5m in Series A funding

Dublin based startup focused on tax automation for online businesses raised $20.5m in Series A funding led by OMERS Ventures.

“In the digital world, businesses and customers transact on a global scale. Country borders are no longer a limiting factor, and...…

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Vesttoo raises $15m in Series B funding

Israel based company that operates a financial risk-management platform raised $15m in Series B funding led by Mouro Capital.

Vesttoo operates a reinsurance marketplace that lets insurers sell assets linked to life and property and casualty insurance to...…

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MoonPay raises $555m in new funding

Miami based "PayPal for crypto" raised $555m in new funding led by Tiger Global and Coatue.

“Part of why we’re raising this round is to be able to attract the best talent from anywhere in the world,” Soto-Wright said in a Zoom...…

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UNest raises $26m in Series B funding

Los Angeles based financial planning tool for parents raised $26m in Series B funding led by Artemis Fund.

“It’s very simple. It takes only five minutes and no paperwork. [Another advantage we have is] branding and marketing, and the ability to...…

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Yieldstreet raises $50m in new funding

New York based multi-asset alternative investment platform raised $50 million in new funding led by Mayfair Equity Partners.

"All investors, here in the U.S. and around the globe, should have the ability to modernize their portfolios with investments that, until...…

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NFTfi raises $5m in Seed funding

South Africa based company allowing users to post their NFTs as collateral raised $5m in Seed funding led by 1kx.

“That’s why lenders want to have some room between the price of the asset and how much they lend,” Young said on the dynamics in pricing...…

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Settle raises $60m in Series B funding

San Francisco based cashflow management startup raised $60m in Series B funding led by Ribbit Capital.

“I invested because of the team — Alek and Shane (Moriah, CTO) are terrific, but also have the right background and experience to tackle...…

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Place raises $100m in Series A funding

Washington based tech and business services platform for real estate agents raised $100m in Series A funding led by Goldman Sachs.

“We want to take everything off their plate so they can do what they’re best at, which is helping people buy and sell real estate,”...…

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Velocity raises $20m in Series A funding

India based revenue-based financing platform for e-commerce and DTC businesses raised $20m in Series A funding led by Valar Ventures.

“In case the partner firm’s revenue ends up growing, it benefits us because the duration of the loan payback time is shorter. In case the...…

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Steadily raises $27m in Series A funding

Austin based landlord insurance company raised $27m in Series A funding led by Matrix Partners and Zigg Capital.

“Steadily was created to offer landlords insurance that works like the other modern tools that they love,” says Steadily founder and...…

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Imprint raises $38m in Series A funding

New York based provider of branded payments and rewards products raised $38m in Series A funding led by Kleiner Perkins and Stripe.

“We’re really focused on the fact that all brands today have to pay an incredible amount of money for their top line revenue process of...…

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Podium raises $201m in Series D funding

Utah based communication and payments company for local businesses raised $201m in Series D funding led by YC Continuity.

"We see this as a watershed moment for local businesses all over the world, especially as the world opens up again and local businesses...…

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Plentina raises $2.2m in Seed funding

Philippines based BNPL startup focused on emerging markets raised $2.2m in Seed funding led by TMV.

In a statement, TMV founder and general partner Soraya Darabi said, “Kevin and Earl are precisely the entrepreneurs we look to back as...…

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Nomod raises $3.4m in Seed funding

UK based payment acceptance platform for merchants raised $3.4m in Seed funding led by Global Founders Capital. 

“A merchant today can install Nomod, sign up in three or four minutes and start processing in-person and online payments using payment...…

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CacheFlow raises $6m in Seed funding

Sunnyvale based provider of embedded financing solutions for enterprise SaaS raised $6m in Seed funding led by GGV Capital.

With most companies wanting to sell yearly contracts with upfront payments for cash flow reasons, SaaS sales can prove oddly rigid in the...…

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Payitoff raises $8.5m in Seed funding

New York based student loan repayment platform raised $8.5m in Seed funding led by Lightspeed.

“With loan forbearance coming to an end and 43 million borrowers re-entering payment, we’re about to experience a ‘Student Debt Tsunami’...…

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Zilch raises $110m in new funding

London based buy now, pay later startup raised $110m in new funding led by Ventura Capital. 

“I’m not saying they’re bad businesses but they’re just copycats,” he said. “Our view was, you can’t come late to the party and just do...…

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Wrapbook raises $100m in Series B funding

New York based payroll software provider for the entertainment industry raised $100m in Series B funding led by Tiger Global. 

“Wrapbook is well-positioned to meet the post-Covid demands of an entertainment industry eager for an all-in-one software and...…

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Isaac raises $125m in Series B funding

Brazil based payments, communication, and software company for schools raised $125m in Series B funding led by General Atlantic.

“Today we are digitizing the entire tuition payment process for schools, which, for the most part, still operate based on bank slips,...…

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MFS Africa raises $70m in Series C funding

Ghana based digital payments network raised $70m in Series C funding led by AfricInvest Five, Goodwell Investments and LUN Partners Group.

“The way we take for granted the fact that we can communicate with anybody around the world via a mobile phone, my dream is that it...…

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Zenwork raises $163m in growth funding

Arkansas based digital tax compliance and regulatory reporting software company raised $163m in growth funding led by Spectrum Equity. 

"As a bootstrapped company, Zenwork has achieved remarkable success to date by focusing relentlessly on the digital tax reporting and...…

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Socure raises $450m in Series E funding

New York based digital identity verification platform raised $450m in Series E funding led by Bain Capital and Tiger Global.

“In the last two years, there’s been tremendous e-commerce growth, and fraud has grown at the same rate,” said Johnny Ayers, Socure’s...…

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Jumo raises $120m in new funding

South Africa and London based platform for building fintech products raised $120m in new funding led by Fidelity.

“It’s exciting to be part of the wave of US capital being invested in payments and fintech on the continent – there are some great...…

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Doorsey raises $4.1m in Seed funding

Washington based home buying tech company raised $4.1m in Seed funding led by 166 2nd Financial Services (Adam Neumann’s family office).

Co-founded by Jordan Allen, CEO, Nick McLain and Matt Melville in early-2021, Doorsey provides a platform for sellers and their agents to...…

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Moonfare raises $125m in Series C funding

Germany based private equity investment platform for individuals raised $125m in Series C funding led by Insight Partners.

Moonfare founder and CEO, Dr. Steffen Pauls says, “We are excited for this round of funding and the opportunity to leverage the...…

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Laika raises $35m in Series B funding

New York based compliance startup raised $35m in Series B funding led by J.P. Morgan Growth Equity Partners.

"Meeting compliance requirements for regulators or enterprise customers can be a huge obstacle for startups with innovative products but...…

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Moonfare raises $125m in Series C funding

Berlin based platform for investing in private equity funds raised $125m in Series C funding led by Insight Partners.

"We are excited for this round of funding and the opportunity to leverage the capabilities and network of our new partners at Insight...…

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Mynt raises $300m in new funding

Philippines based payments app maker raised over $300m in new funding led by Warburg Pincus and Insight Partners.

"This is further proof that our growth and achievements have not gone unnoticed. We have been able to continuously expand by introducing...…

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Prepaid Technologies raises $96m in growth funding

Alabama based provider of prepaid digital payment solutions raised $96m in growth funding led by Edison Partners and StepStone Group.

Jennifer Lee, a newly appointed partner at Edison, said the firm was attracted to the payments company partly because it offered a suite...…

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Fi raises $50m in Series B funding

India based neobank raised $50m in Series B funding led by B Capital Group and Falcon Edge. 

“We have observed that there is inertia towards saving among digital natives. They want to save but never actually get to take proactive...…

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