News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Fraud prevention startup Forter raises $300m Series F led by Tiger Global

New York-based provider of e-commerce fraud prevention solutions raised $300 million in Series F funding led by Tiger Global. 

Forter today focuses mainly on identifying fraud at the point of transaction and building an AI-based platform that “learns” more...…

Read More…

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...…

Read More…

LatAm’s fintech lenders seek new models amid growing competition

Latin America’s lending fintechs are looking to add new services and functions for clients, as competition in the vertical increases.

Latin America’s lending fintechs are offering additional financial products in a bid to stand out in a market that is increasingly...…

Read More…

Tilled takes a new approach to PayFac-as-a-Service, banks $11m Series A

Colorado based payment facilitation startup raised $11m in Series A funding led by Canvas Ventures.

“Once they transitioned, their options weren’t exciting and the limitation was that the technology left a lot to be desired,” Avery...…

Read More…

Yalo raises $50m to build ‘c-commerce’ services for chat apps like WhatsApp

San Francisco based conversational commerce platform raised $50m in Series C funding led by B Capital Group.

“COVID fast-forwarded us into the future and with it the need for conversational commerce increased significantly,” he said. “It went...…

Read More…

Italy’s Commerce Layer raises $16m led by Coatue for its headless commerce platform

 Italy based provider of e-commerce APIs raised $16m in Series B funding led by Coatue.

“eCommerce has become core to our everyday lives. As a result, big brands and enterprises need better ways to shift from retail and build...…

Read More…

Wayflyer raises $76m to provide ‘revenue-based’ financing to e-commerce merchants

Ireland based financing platform for e-commerce merchants raised $76m in Series A funding led by Left Lane Capital.

“There’s a lot more opportunity for companies like ourselves to differentiate because essentially, we focus on the merchants. And when we...…

Read More…

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...…

Read More…

Perch raises $775m as race to acquire Amazon sellers heats up

Boston based Amazon marketplace rollup platform raised $775m in Series A funding led by SoftBank Vision. Fund 2.

“We are building the next-generation consumer products company,” said Chris Bell, founder and CEO of Perch, echoing the objectives...…

Read More…

Indonesian crypto exchange Pintu gets $6m Series A led by Pantera, Intudo and Coinbase Ventures

Indonesia based crypto exchange raised $6m in Series A funding led by Pantera, Intudo and Coinbase Ventures.

“For most Indonesians, the concept of investing and trading is new, because historically penetration in these categories have been so...…

Read More…

Gaming-focused payments platform Tiv emerges from stealth with $3.5m in funding

Chicago based payment platform for gamers raised $3.5m in Seed funding led by 4490 Ventures.

“Ultimately, our goal is to encourage people to pursue their passion of gaming and use that to touch every aspect of their lives, online...…

Read More…

UK’s Paysend raises $125m at a $700m+ valuation to expand its all-in-one payments platform

UK based mobile payments platform raised $125m in Series B funding at a $700m valuation led by One Peak.

Indeed, Paysend points out that there is still a lot of growing and evolution left to do. Citing McKinsey research, it notes that some...…

Read More…

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,”...…

Read More…

Insurtech startup Obie raises $10.7m Series A led by Battery Ventures

Chicago based insurance platform for property investors raised $10.7m in Series A funding led by Battery Ventures.

“Historically, we’ve been an agency-based business but we are in the process of putting together our own product that is slated to roll...…

Read More…

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...…

Read More…

&Open raises $7.2m from First Round Capital and LocalGlobe to send gifts at scale

Ireland based corporate gifting platform raised $7.2m co-led by First Round Capital and LocalGlobe.

Gifting can be powerful. According to one study the company cites, customers who feel emotionally connected to a brand have been shown to...…

Read More…

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...…

Read More…

Settle raises $15m from Kleiner Perkins to give e-commerce companies more working capital

San Francisco based provider of cashflow management solutions raised $15m in Series A funding led by Kleiner Perkins.

“These companies suffer from the problem where there are these huge cash flow gaps from buying inventory, waiting to receive it and then...…

Read More…

Payroll automation startup raises $15.6m Series A led by General Catalyst

London based payroll automation startup raised $15.6m in Series A funding led by General Catalyst.

Pento co-founder and CEO Jonas Bøgh Larsen told me: “The biggest process we’re replacing is payroll outsourcing where companies are...…

Read More…

Thunes banks $60m growth round to bolster cross-border payment network

Singapore based cross-border payments network for emerging markets raised $60m in Series B funding led by Insight Partners.

Thunes wants to bring transparency to cross-border payments by telling users how much it will cost upfront, be able to move the money...…

Read More…

Fintech startup Vise raises $65m in Series C led by Ribbit Capital

New York based investment portfolio management platform raised $65m in Series C funding led by Ribbit Capital.

The premise behind Vise is to use tech to empower humans, “as opposed to replacing them” by automating an industry that’s very old. The...…

Read More…

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...…

Read More…

Merge raises $4.5m to help B2B companies build customer-facing integrations

San Francisco based B2B API integrations platform raised $4.5m in Seed funding led by NEA.

“What we built is more similar to Plaid than MuleSoft or other things,” Feig said. “We built a unified API, so we’re fully embedded in a...…

Read More…

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...…

Read More…

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....…

Read More…

The second wave of Covid-19 has dampened economic optimism for India

At least four leading rating agencies have trimmed their GDP growth forecasts for India for the financial year ending March 2022.

These agencies had initially estimated double-digit growth for the Indian economy due to a low base and revival of business activities...…

Read More…

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...…

Read More…

Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

Argentina based fintech-as-a-service platform for Latin America raised $9m in Seed funding led by Index Ventures and monashees.

“We know from previous experiences…that building a fintech, and particularly issuing cards, in Latin America is a real nightmare,” said...…

Read More…

Planck, the insurance data analytics platform, raises $20M growth round

New York based data platform for commercial insurance raised $20m in equtiy funding led by 3L and Greenfield Partners.

Planck’s database, which includes online images, text, videos, reviews and public records, allows it to give insurance providers...…

Read More…

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...…

Read More…

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...…

Read More…

Ontop inks $4.5m seed so companies can tap Latin America’s talent

Colombia based payroll and tax manager for international teams raised $4.5m in Seed funding led by Point 72 Ventures.

“We were born in the middle of the pandemic when remote work was exploding and evolving in ways where emerging countries become clusters...…

Read More…

Treasury Prime raises $20m to scale its banking-as-a-service biz

San Francisco based banking-as-a-service startup raised $20m in Series B financing co-led by Deciens Capital and QED investors. 

As is increasingly common among insider-led fundraises in recent years, the startup in question was not in dire need of new funding...…

Read More…

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...…

Read More…

Contract automation platform Contractbook raises $30m to challenge DocuSign

Denmark based contract automation platform raised $30m in Series B financing led by Tiger Global. 

“We allow companies to automate all the mundane manual tasks related to those contracts — whether you want to auto-generate contracts...…

Read More…

Crypto asset manager Babel raises $40m from Tiger Global, Bertelsmann and others

Hong Kong based crypto asset management and lending platform raised $40m in Series A funding led by Tiger Global.  

Mainstream investors are jumping into the crypto scene partly because many see bitcoin as a way to hedge against “solvency and...…

Read More…

Banking app Lili raises $55m to help freelancers tackle expenses, access credit

New York based mobile banking solution for freelancers raised $55m in Series B funding led by Group 11.

Lili aims to be “an accountant within your hands,” Bar David says, and especially within the hands of those who identify as...…

Read More…

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...…

Read More…

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...…

Read More…

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...…

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.