News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Brazilian proptech startup QuintoAndar raises $300m Series E led by Ribbit Capital

Sao Paulo based real estate marketplace focused on rentals and sales raised $300m in Series E funding led by Ribbit Capital.

“Whether you are looking to buy or to rent, QuintoAndar can support customers through the entire transaction process: from browsing...…

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Agicap raises $100m for its cashflow management service

France based cashflow management platform raised $100m in Series B funding at a $500m valuation led by Greenoaks.

“This Series B comes at a key moment in our development,” co-founder and CEO Sébastien Beyet said in a statement. “It demonstrates our...…

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Snapdocs raises $150m in Series D funding

San Francisco based digital mortgage closing platform raised $150m in Series D funding at a $1.5b valuation led by Tiger Global.

“Closings require tight coordination between many parties in a fragmented ecosystem, all of whom have their own systems and processes,”...…

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AI-powered financial research platform Sentieo nabs $20m

San Francisco based financial and corporate research platform raised $20m in Series B funding led by Ten Coves Capital.

“With the incredible adoption of the Sentieo platform, it is clear we are experiencing a massive shift in how financial and corporate...…

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Zeta becomes a unicorn with $250m SoftBank-led funding

India based banking software startup raised $250m in Series D funding led by SoftBank Vision Fund 2.

“Banks are still stuck in the ’80s. Many of them still use COBOL programming language. They offer poor user experience,” said Turakhia in...…

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iLife closes $4m seed to digitize life insurance

Los Angeles based life insurance sales automation platform raised $4m in Seed funding led by Foundation Capital.

“We are unique in the sense we are not going direct-to-consumer, but rather to the broker and agent,” said founder and CEO Nelson Lee....…

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Berlin’s Trade Republic nabs $900m led by Sequoia at a $5b+ valuation to take its neobroker app across Europe

Germany based trading app raised $900m in Series C funding at a $5b valuation led by Sequoia Capital.

“It’s our ambition to be present across the entire Eurozone in the next four months,” he said in an interview with TechCrunch. That might...…

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More funding flows into Pipe, as buzzy fintech raises $250m at a $2b valuation

Miami based B2B financing platform for SaaS companies raised $100m in venture funding at a $2b valuation led by Greenspring Associates.

The startup has been operating with a lean and mean strategy and has a current headcount of 34. Pipe plans to use its latest capital in...…

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Fintech DailyPay is now considered a unicorn

New York employees and contractors wage access platform raised $175m led by Carrick Capital.

More than half, or nearly 56%, of the U.S. wage and salary workers in 2020 were paid hourly, the Bureau of Labor Statistics said in...…

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Rally lines up $30m in Series B funding

New York based alternative assets platform for retail investors raised $30m in Series B funding led by Accel.

Rally founder Rob Petrozzo said, “We’ve always had a focus on the assets that matter most to our investors and the assets that have the...…

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Extend raises $260m on a $1.6b valuation to expand its warranty and protection plan services

San Francisco based provider of extended warranty plans raised $260m in Series C funding on a $1.6B valuation led by Softbank Vision Fund 2

“Same day delivery, buy-now-pay-later, and other tools: we are now all part of that core e-commerce toolset,” Levin said in an interview....…

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Relay, the digital banking platform for small businesses, raises $19.4m in funding

Toronto based digital banking platform for small businesses raised $19.4m in equity funding led by Bain Capital Ventures.

The company intends to use the funds to increase customer acquisition, grow the engineering and product teams, and further integrate its...…

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Collective, a back-office platform for the self-employed, raises $20m from Ashton Kutcher’s VC

San Francisco based back-office platform for the self-employed raised $20m in Series A funding led by General Catalyst

He added: “Before Collective, consultants, freelancers, and other solo founders had to string together their back-office solution using...…

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Stampli raises $50m in Series C to help companies intelligently manage invoices

California based software platform for corporate invoice management raised $50m in Series C financing led by Insight Partners.

“There are all these payment providers that monetize on the payments themselves,” said Feldman. “We provide payments as a service to our...…

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FinLync secures $16m in equity funding

Singapore based software provider for corporate finance and treasury raised $16m in equity funding led by Point72 Ventures.

“We are at a critical point of growth for our firm. We’ve secured an extensive list of global bank partners and this investment will help...…

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Shift Technology raises $220m in Series D funding

San Francisco based insurance fraud detection company raised $220m in Series D funding led by Advent International. 

“The entire Shift team has worked tirelessly to build this company and provide insurers with the technology solutions they need to...…

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Boost Payment Solutions raises $22m in Series C funding

New York based payments company raised $22m in Series C funding led by Invictus Growth Partners.

“Boost’s unique positioning in the industry and the vast addressable market in B2B payments has led to tremendous growth that we expect...…

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Bitski raises $19m in Series A funding

San Francisco based NFT enablement platform raised $19m in Series A funding led by a16z. 

Bitski is aiming to allow mainstream brands and celebrities to bypass the crypto complexity of early marketplaces, hoping to give...…

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Sprout.ai raises £8 million in Series A funding

UK based insurance claims settlement startup raised £8m in Series A funding led by Octopus Ventures.

Niels Thoné, CEO of Sprout.ai, said in a statement: “Sprout.ai’s mission is to revolutionize customer service within global claims...…

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alt.bank raises $5.5 million in Series A funding

Brazil based neobank raised $5.5m in Series A funding led by Union Square Ventures. 

“Most fintechs just help wealthy people get wealthier, so I thought let’s do something with a social mission,” Liebmann told TechCrunch...…

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Bitso raises $250m in Series C funding

Mexico City based cryptocurrency platform raised $250m in Series C funding led by Tiger Global and Coatue. 

“We’ve seen incredible growth in Mexico and Argentina, and we just launched in Brazil last week,” Vogel told Crunchbase News. “It took us...…

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Vanta raises $50m in Series A funding

San Francisco based automated security and verified compliance platform raised $50m in Series A funding led by Sequoia Capital.

“We’re at a crucial turning point as an industry: software is a huge part of our lives, but we trust software companies less than ever...…

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LoanSnap raises $30m in Series B funding

San Francisco based lending startup raised $30m in Series B funding led by True Ventures. 

“Our goal is to stop focusing on selling low interest rates — which is what everybody else in the industry does — and focus on what the...…

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Bibit raises $65m in growth funding

Indonesia based robo-advisor app raised $65m in growth funding led by Sequoia Capital India. 

In press statement, Sequoia Capital India vice president Rohit Agarwal said, “Indonesian mutual fund customers have grown almost 10x in...…

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