News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Azos raises $10m in Series A funding

Brazil based life insurance startup raised $10m in Series A funding led by Prosus Ventures.

Founded last year, Azos is in its second funding round, having raised 13 million real before starting operations, last April. ($1 =...…

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GajiGesa raises $6.6m in pre-Series A funding

Indonesia based earned wage access startup raised $6.6m in pre-Series A funding led by MassMutual Ventures. 

In a statement about the investment, MassMutual Ventures managing director Anvesh Ramineni said, “[GajiGesa’s] integrated platform...…

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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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Lessen raises $170m in Series B funding

Scottsdale based property services platform raised $170m in Series B funding led by Fifth Wall.

"This funding round gives us the rocket fuel we need to continue to scale the business in many ways," said Jay McKee, Founder and CEO of...…

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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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YouTrip raises $30m in Series A funding

Singapore based challenger bank raised $30m in Series A funding from an unidentified family office. 

“As Southeast Asia is coming out of the pandemic, and with Singapore really leading the way with the vaccination rate, what we saw on the...…

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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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Thought Machine raises $200m in Series C funding

UK based cloud native core banking technology company raised $200m in Series C funding led by Nyca Partners. 

“We set out to eradicate legacy technology from the industry and ensure that all banks deployed on Vault can succeed and deliver on their...…

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Leocare raises $116m in Series B funding

France based insurtech startup raised $116m in Series B equity and debt funding led by Eight Roads.

“With this funding round, we’ll still follow the same model but we’ll also add the ability to use our own risk carrier,” Dandois said....…

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Fractional raises $5.5m in Seed funding

San Francisco based real estate ownership platform raised $5.5m in Seed funding led by CRV. 

“We had to hire a lawyer because I just wanted to make sure we had a good model between the two of us on how we make decisions, how we...…

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Royal raises $55m in Series A funding

Austin based NFT music rights startup raised $55m in Series A led by a16z Crypto.

This investment is notably being helmed by a16z Crypto co-lead Katie Haun who sits on the boards of Coinbase and NFT marketplace OpenSea....…

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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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Z1 raises $10m in Series A funding

Brazil based neobank raised $10n in Series A funding led by Kaszek Ventures.

“Our plan was to raise again early next year, however, Kaszek reached out to us in July and convinced us to anticipate our Series A,” he...…

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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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Kettle raises $25m in Series A funding

California based reinsurance startup raised $25m in Series A led by Acrew Capital. 

“We are thrilled to be helping provide insight and relief to the California insurance market,” Manning said. “There are 14 million...…

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Gemini raises $400m in growth equity funding

New York based crypto platform raised $400m in growth equity funding led by Morgan Creek Digital. 

"We are leading the first outside investment in Gemini because of our shared conviction in crypto and belief in the company that Cameron...…

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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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Airwallex raises $100m in Series E funding

Australia based cross-border payments company raised $100m in Series E led by Lone Pine Capital. 

“We’ve now raised $800 million in the last 6 years, with $600 million in the last two years, and we still have $600 million in the bank...…

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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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PayZen raises $15m in Series A funding

San Francisco based care now, pay later provider raised $15m in Series A funding led by SignalFire.

“The way we engage patients is not only after they have care, but before they have care,” Itzik Cohen, company CEO and co-founder told...…

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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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Ozow raises $48m in Series B funding

South Africa based payments gateway raised $48m in Series B funding led by Tencent.

“When you looked at e-commerce, point of sale, e-billing or P2P payment seven years ago, it was always a fragmented market. For example,...…

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CloudWalk raises $150m in Series C funding

Brazil based open payments networking company raised $150m in Series C funding led by Coatue.

"As the global payments market rapidly evolves, we believe that blockchain will soon become the dominant source for all future payment...…

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Nirvana Health raises $7.5m in Seed funding

New York based mental health payments platform raised $7.5m in Seed funding led by Inspired Capital.

“We go to therapists’ office to basically help them streamline and centralize insurance operations,” Venkitasubramanian told TechCrunch....…

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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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Upgrade raises $280m in Series F funding

San Francisco based credit and mobile banking company raised $280m in Series F funding led by Coatue.

"Upgrade is an exciting example of a credit-led neobank" said Philippe Laffont, founder and CEO of Coatue Management. "Credit is a key...…

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Justt raises $50m in Series B funding

Israel based chargeback mitigation startup raised $50m in Series B funding led by Oak HC/FT.

“The chargeback system is fundamentally unjust, but many merchants view their losses as simply the cost of doing business. At Justt, we...…

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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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Aplazo raises $27m in Series A funding

Mexico based BNPL startup raised $27m in Series A funding led by Oak HC/FT. 

“That means 90% of people are unaddressed,” Peña told TechCrunch. “There is huge adoption for it, but the roadblocks are the banks who...…

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Pigment raises $73m in Series B funding

Paris based business forecasting platform raised $73m in Series B funding led by Greenoaks. 

“Eighty percent of use cases are still done in Excel,” Crespo said. “We have built the most powerful engine in market, providing...…

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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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Altus acquires Reonomy

Altus Group Limited, a provider of software, data solutions and independent advisory services to the global commercial real estate (CRE)...

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Stori raises $125m in Series C funding

Mexico based consumer fintech startup raised $125m in Series C funding led by GGV Capital and GIC. 

“Our success since launch is a direct result of having a team who is passionate about our mission to empower upward financial mobility...…

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Houm raises $35m in Series A funding

Chile based proptech startup raised $35m in Series A funding led by Goodwater Capital. 

CEO Benjamin Labra, who co-founded the startup with COO Nicolás Knockaert, said Houm’s ultimate goal is to “become the leading digital...…

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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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ZenBusiness raises $200m in Series C funding

Austin based software maker for businesses raised $200m in Series C funding led by Oak HC/FT.

"We're continuing to grow and hire as fast as we can," Buhrdorf said. "I don't know if we're the fastest growing company in Austin, but...…

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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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Block Renovation raises $50m in Series C funding

New York based home renovation digitization platform raised $50m in Series C funding led by SoftBank.

“The current status of home renovation is abysmal,” he added. “Homeowners hire two guys and a van and pray because they don’t know what...…

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Notabene raises $10.2m in Series A funding

New York based crypto compliance SaaS raised $10.2m in Series A funding led by F-Prime Capital and Jump Capital.

“We have a few companies that are in Nigeria, for example, and Nigeria doesn’t have a regulatory framework for crypto. So if you have a...…

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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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Matter Labs raises $50m in Series B funding

Berlin based developer of Ethereum rollup scaling solutions raised $50m in Series B funding led by a16z. 

“It has tended to be the case historically that zk-based scaling solutions forced developers to learn a new programming language,” a16z...…

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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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GeoWealth raises $19m in Series B funding

Chicago based asset management program for advisers raised $19m in Series B funding led by Kayne Partners.

“GeoWealth’s rapid growth is a reflection of its exceptional ability to solve the challenges facing financial advisors today,” said...…

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Nubank files for double IPO: NYSE and B3

Nubank is targeting a market value of more than $50 billion for its initial public offering in the US

Nubank has officially filed for its IPO request on the New York Stock Exchange (NYSE) and Brazil’s B3. The largest neobank in Latin...…

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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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Checkbook raises $10m in Series A funding

San Mateo based push payments company raised $10m in Series A funding led by MassMutual Ventures.

“By building a seamless online recipient experience, we’re completing the last mile of payments,” Checkbook CEO and Founder PJ Gupta said...…

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First AML raises $21m in Series B funding

Australia based anti-money laundering startup raised $21m in Series B funding led by Blackbird Ventures.

“We haven’t focused on working with banks because there are a lot of medium-sized enterprises in the economy that also need to comply...…

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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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Chipper Cash raises $150m in Series C extension funding

Africa based cross-border payments company raised $150m in Series C extension funding led by FTX.  

“Chipper Cash is offering remittances considerably cheaper than anyone else,” Serunjogi told TechCrunch over a call. “More important to...…

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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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