News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Gr4vy raises $11m in Series A funding

San Mateo based cloud-native payments company raised $11m in Series A funding led by Nyca Partners. 

“I looked at the problem. I realized we need to create a piece of software that the retailer can run that will mean that payments get out...…

Read More…

Notional Finance raises $10m in Series A funding

New York based fixed interest rate borrowing company based off Ethereum raised $10m in Series A funding led by Pantera Capital. 

Led by Teddy Woodward, CEO & Co-Founder, Notional is a fully decentralized ethereum-based protocol for borrowing and lending at fixed...…

Read More…

GlobeDX raises $18m in Seed funding

UK based cryptocurrency derivatives exchange raised $18m in Seed funding led by Y Combinator and Pantera Capital.

These are exciting times for Globe and for the crypto market as a whole. “We’re working closely with our investors and strategic partners...…

Read More…

Finoa raises $22m in Series A funding

Berlin based digital asset custody platform raised $22m in Series A funding led by Balderton Capital.

Colin Hanna, Principal at Balderton Capital, who leads most of Balderton’s Crypto investments, said: “Chris, Henrik, and the entire Finoa...…

Read More…

Paxos raises $300m in Series D funding at a $2.4b valuation

New York based cryptocurrency infrastructure and white-label services platform raised $300m in Series D funding led by Oak HC/FT.

In particular, Paxos has partnered with PayPal for its cryptocurrency features. Since October 2020, PayPal customers have been able to...…

Read More…

Step raises $100m in Series C funding

San Francisco based provider of financial services for teens and families raised $100m in Series C funding led by General Catalyst. 

“Our mission is to help improve the financial futures of the next generation and we’re thrilled to have such a massive vote of confidence...…

Read More…

Brex raises $425m in Series D funding

San Francisco based corporate credit card provider tailored to start-ups raised $425m in Series D funding led by Tiger Global.

TechCrunch reached out to Brex, curious about its 2020 and Q1 2021 growth results. The company provided a statement to TechCrunch,...…

Read More…

Chile heads towards open finance regulation

With incoming open banking rules, Chile’s regulator aims to lay the foundations for collaboration between players in financial services.

Chile’s financial services regulator has set out a clear path towards an open finance future for the country. Collaboration between banks...…

Read More…

Percent raises $12.5m in Series A funding

New York based securitization platform raised $12.5 million in Series A funding led by White Star Capital and B Capital.

Nelson Chu, the founder and CEO of Percent, noted that he was particularly interested in finding investors with knowledge of capital...…

Read More…

CoinSwitch Kuber raises $25m in Series B funding at a valuation north of $500m

India based cryptocurrency investment platform raised $25m in Series B funding led by Tiger Global. 

“As they build India’s leading cryptocurrency platform, CoinSwitch is well positioned to capture the tremendous growing interest in...…

Read More…

Bux raises $80m in new funding

Amsterdam based neo-broker raised $80m in new funding led by Prosus Ventures and Tencent.

“We’re looking for industries that solve big societal needs and fintech continues to be one of them,” said Sandeep Bakshi, who heads up...…

Read More…

Deel raises $156m in Series C funding

San Francisco based international payroll company raised $156m in Series C funding led by YC Continuity Fund. 

"We built Deel to be the solution for companies wanting to hire anywhere around the world, from Argentina to Zambia," said Deel CEO Alex...…

Read More…

Knox Financial raises $10m in Series A funding

Boston based startup making it easier to own investment property and optimize returns raised $10m in Series A funding led by G20 Ventures.

Once a property is enrolled on the Knox Frictionless Ownership PlatformTM, Knox automates and oversees the property’s finances and taxes,...…

Read More…

Hash raises $15m in Series B funding

Brazil based payment infrastructure startup raised $15m in Series B funding led by QED Investors. 

Existing venture capital firms Kaszek and Canary are also part of Hash's second funding round, the company said. Hash said it plans to...…

Read More…

BBVA offers a sustainable alternative for all of its products in Spain

BBVA has fulfilled its commitment to offer a sustainable alternative for its products in Spain – both for individuals and companies.

The wide range of sustainable solutions is designed to respond to society’s growing demand and to help customers make the best financial...…

Read More…

Routable raises $30m in Series B funding

San Francisco based B2B payments company raised $30m in Series B funding led by Sam Altman and Jack Altman. 

“There’s a huge market opportunity for us to address here with the B2B payments industry projected at approximately $125T, with ACH, Cash...…

Read More…

Enso Finance raises $5m in new funding

Zurich based social trading platform for decentralized finance raised $5m in new funding led by Polychain Capital and Beacon.

“Traders using Enso can batch purchase assets on AMMs [automated market makers], yield farm, liquidity mine, rebalance based on tolerance...…

Read More…

Wage raises $5m in Seed funding

San Francisco based payroll data sharing company raised $5m in Seed funding led by Gradient Ventures.

Ben Prawdzik, CEO and co-founder of Wage, explains, “Historically, payroll data access has been a burdensome process for financial...…

Read More…

Hatch raises $20m in new funding

San Francisco based neobank for SMBs raised $20m in new funding from Kleiner Perkins, Foundation Capital and SVB. 

“During my time at Kleiner, the goal was to think about what other problems I wanted to solve. I definitely wanted to solve additional...…

Read More…

Appzone raises $10m in Series A funding

Nigeria based developer of software for financial institutions raised $10m in Series A funding led by CardinalStone Capital Advisers.

“We started Appzone with the intention to build out innovative local solutions for banking and payments on the continent,” CEO Obi...…

Read More…

Orum raises $21m in Series A funding

New York based platform for financial institutions to move money in real-time raised $21m in Series A funding led by Bain Capital.

“At LearnVest I saw six to seven million people get a financial plan and maybe 10% execute it. Why is that?” the 39-year-old Orum CEO...…

Read More…

Finary raises $3.2m in Seed funding

San Francisco based social investing platform raised $3.2m in Seed funding led by Upfront Ventures.

"It's clear that retail investing as a form of entertainment is a huge opportunity and a trend that's here to stay," said Aditi Maliwal,...…

Read More…

TipRanks raises $77m in Series B funding

Israel based stock research platform raised $77m in Series B funding led by Prytek and More Investment House. 

“In addition to being the only company that ranks analysts based on their performance rather than the prestige of the bank they work for,...…

Read More…

Blue dot raises $32m in new funding

Israel based business tax accounting startup raised $32m in new funding led by Ibex Investors.

“The tax sector is very complicated, and we are playing in a very large space, but it’s a huge revolution,” Blue dot’s CEO and co-founder...…

Read More…

OneStream raises $200m in Series B funding

Michigan based corporate performance management software company raised $200m in Series B funding led by D1 Capital Partners. 

“We remain sharply focused on delivering innovative planning, reporting and analysis solutions designed to help our customers succeed for...…

Read More…

CRED raises $215m in Series B funding at a $2.2b post-money valuation

India based bill payment and rewards platform raised $215m in Series B funding led by Falcon Edge Capital and Coatue. 

“India has 57 million credit cards (vs 830 million debit cards) [that] largely serves the high-end market. The credit card industry is...…

Read More…

Cora raises $26.7m in Series A funding

Brazil based technology-enabled lender to small and-medium-sized businesses raised $26.7m in Series A funding led by Ribbit Capital. 

Ribbit Capital partner Nikolay Kostov believes that Cora has embarked on “an ambitious mission” to change how small businesses in Brazil...…

Read More…

FinanZero raises $7m in new funding

Brazil based online credit marketplace raised $7m in new funding from VEF, Dunross & Co. and Atlant Fonder. 

“From day one we said, ‘We only work with a success fee,’ so we only get paid when the customer signs the loan contract,” said Olle...…

Read More…

Regulatory sandboxes in LatAm: fintech test environments take shape

Regulators in several Latin American jurisdictions are opening regulatory sandboxes to drive innovation – but not all see them as necessary.

Regulatory sandboxes are becoming more widespread in Latin America, in a bid to drive innovation in banking and fintech. However,...…

Read More…

Walgreens launches a bank account

US pharmacy chain Walgreens is launching its own mobile and online bank account in partnership with InComm Payments and Meta Bank.

The account, which comes with a Mastercard debit card and mobile spend tracking features is set to be available from 9,000 Walgreens...…

Read More…

Pipe raises $150m in new funding

Miami based B2B financing platform for SaaS companies raised $150m in new funding led by Greenspring Associates. 

“When we first went to market, we were very focused on SaaS, our first vertical,” he told TC at the time. “Since then, over 3,000...…

Read More…

As a free user, you can like posts.

To repost this post to your own Passle blog, you will need to upgrade your account.

For plans and pricing, please contact our sales team at sales@passle.net

Sorry, you don't have permission to repost or create posts.

Repost successful!

View the repost

Something went wrong whilst reposting - please try again.

Sorry - this is not an option. This post already exists in the Passle you have selected.

Try reposting to another Passle.