News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Parallel Finance raises $22m in Series A funding

Palo Alto based DeFi protocol that offers lending and staking services raised $22m in Series A funding led by Polychain Capital. 

Looking ahead, Parallel plans to also raise more funds, said Ruan. "After we have TVL [total value locked] traction, we will do another...…

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Elopage raises €32m in new funding

Berlin based payment SaaS platform raised €32m in new funding led by Target Global, Partech Ventures and Avid Ventures. 

Founded in 2015 by Özkan Akkilic and Tolga Önal, elopage delivers a payment provider and content delivery service to digital...…

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Aumni raises $50m in Series B funding

Salt Lake City based investment analytics platform for private markets raised $50m in Series B funding led by JPMorgan.

"When we launched Aumni four years ago, we understood that access to structured data in the private capital markets simply did not exist...…

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Balance raises $25m in Series A funding

Tel Aviv based payments platform aimed at B2B merchants and marketplaces raised $25m in Series A funding led by Ribbit Capital.

The motivation for starting the company was simple, said CEO and co-founder Bar Geron: “We wanted to create an online B2B experience that...…

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MakersPlace raises $30m in Series A funding

San Francisco based digital art marketplace raised $30m in Series A funding led by Bessemer Venture Partners and Pantera Capital.

MakersPlace captured the world’s attention this spring when it sourced, minted, and brought to market digital artist Beeple’s Everydays:...…

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CapShift raises $5m in Series A funding

Massachusetts based impact investing platform raised $5m in Series A funding led by Bain Capital Europe and Aperio.

"We are thrilled to bring together a consortium of leading investors and innovators from the industries of impact and finance to fuel our...…

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OPay raises $400m in new funding

Nigeria based mobile payments platform raised $400 million in new funding led by SoftBank Vision Fund 2.

OPay’s fundraise is the largest of the lot in terms of size and value, making it the second African fintech unicorn after Flutterwave and...…

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XREX raises $17m in Seed funding

Taipei based provider of business blockchain services like a crypto-fiat exchange raised $17m in Seed funding led by CDIB Capital Group.

XREX co-founder and CEO Wayne Huang said, “We keenly understand the struggles faced by many cross-border merchants who lack safe access...…

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High Definition Vehicle Insurance (HDVI) Group raises $32.5m in Series B funding

Chicago based commercial auto insurance tech company raised $32.5m in Series B funding led by Weatherford Capital.

"HDVI is partnering with the very top investors and strategic partners across the insurance, mobility, and freight and logistics...…

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Ondo raises $4m in Seed funding

New York City based DeFi company raised $4m in Seed funding led by Pantera Capital.

Paul Veradittakit, Partner at Pantera Capital, noted, “Fixed income remains the missing piece that decentralized finance needs to go...…

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One raises $40m in Series B funding

Sacramento based "all-in-one banking" startup focused on the middle class raised $40m in Series B funding led by Progressive Insurance.

“Stretched middle-income households and working families deal with financial stress on a daily basis and are largely unsupported by...…

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Jenfi raises $6.3m in Series A funding

Singapore based revenue-based financing startup for Southeast Asian companies raised $6.3m in Series A funding led by Monk’s Hill Ventures.

Liu launched Jenfi with Justin Louie in 2019, after seeing how traditional financial institutions were lagging behind Southeast Asia’s...…

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Pngme raises $15m in Series A funding

San Francisco and Africa based financial data infrastructure startup raised $15m in Series A funding led by Octopus Ventures. 

“It’s a highly data-driven user experience. And every fintech or bank wants to provide that same data-driven user experience. From...…

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Figment raises $50m in Series B funding

New York based blockchain infrastructure provider raised $50m in Series B funding led by Senator Investment Group and Liberty City Ventures.

With Ethereum's transition to a PoS model, Figment predicts that the market cap of this segment of the crypto industry will "double...…

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Ualá raises $350m in Series D funding

Argentina based financial management app raised $350m in Series D funding led by SoftBank Latin America Fund and Tencent. 

“We are most impressed by Ualá’s ambition and execution. Our investment will propel the next stage of their vision, furthering a regional...…

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Divvy Homes raises $200m in Series D funding

San Francisco based proptech startup raised $200 million in Series D funding led by Tiger Global Management and Caffeinated Capital.

“We’re aiming to bring a legitimacy to alternative home financing options,” Divvy Homes CEO Adena Hefets told Bloomberg.

TaxBit raises $130m in Series B funding

Utah based crypto tax and accounting software provider raised $130m in Series B funding led by IVP and Insight Partners.

“The digital asset space experienced a watershed moment during the pandemic, resulting in an accelerated push toward digital payments and...…

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Gusto raises $175m in Series E funding

San Francisco based benefits, payroll, and HR software provider raised $175m in Series E funding led by T. Rowe Price.

Among those who took interest was Ken Chenault, who had just left his role as CEO of American Express and was leading investments for...…

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Jerry raises $75m in Series C funding

San Francisco based car-ownership super app and insurance comparison site raised $75m in Series C funding led by Goodwater Capital.

"We're helping our customers find savings on car expenses because we believe driving can be kept affordable and accessible," said Art...…

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Pave raises $46m in Series B funding

San Francisco based compensation platform for companies to manage wages raised $46m in Series B funding led by YC Continuity.

“I have always been a personal finance nerd. So naturally, after quitting my job as a software engineer at Facebook in June of 2019, I...…

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Moove raises $23m in Series A funding

Nigeria based mobility fintech company raised $23m in Series A funding led by Speedinvest and Left Lane Capital.

“It became clear to us that people aren’t buying cars in Africa because there’s no access to finance. When you look anywhere else in the...…

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Kroo raises $24.5m in Series A funding

London based provider of banking services with social features raises $24.5m in Series A funding led by Rudy Karsan.

CEO Andrea de Gottardo (pictured), who joined Kroo as chief risk officer in 2018, said: “We want to build the world’s greatest social...…

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Jupiter raises $45m in Series B funding

India based neobank raised $45m in Series B funding led by Nubank, Global Founders Capital, Sequoia Capital and Matrix Partners India.

“The Indian and Brazilian markets have many similarities, and through this investment, we aim to support Jupiter in their growth path,”...…

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Mesari raises $21m in Series A funding

New York based cryptocurrency analytics firm raises $21m in Series A funding led by Point72 Ventures. 

“The defaults that many entrepreneurs, and builders in the industry have is to be transparent and cooperative,” says Selkis, 37. “And try...…

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Aspen Digital raises $8.8m in Seed funding

Hong Kong based digital asset investment platform raised $8.8m in Seed funding led by RIT Capital Partners and Liberty City Ventures.

Citing the rising interest for a single portal to manage all crypto holdings, Yang said: “To have the oldest wealth management family in...…

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Tabby raises $50m in Series B funding

UAE based “buy now, pay later” company raised $50m in Series B funding led by Global Founders Capital and STV. 

“This investment will enable us to deliver the most rewarding and relevant shopping experience for regional consumers and retailers,”...…

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Rapyd raises $300m in Series E funding

London based “fintech-as-a-service” platform provider raised $300m in Series E funding led by Target Global.

“At the end of the day there are five things on planet earth for financial services, whether you are a bank or a mom-and-pop shop:...…

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ZenLedger raises $6m in Series A funding

Seattle based cryptocurrency tax software and blockchain analytics startup raised $6m in Series A funding led by Bloccelerate VC.

"Do I think that there's multiple issues with this bill that don't quite make sense? Yes. There is room for improvement 100 percent,"...…

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Yaydoo raises $20m in Series A funding

Mexico City based B2B software and payments company raised $20m in Series A funding led by Base10 Partners and monashees. 

“We are starting to see early signs of the network being built out of the payments product, and that is a good indication,” Dollaku said....…

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Kuda raises $55m in Series B funding

U.K. and Nigeria based digital bank raised $55m in Series B funding led by Valar Ventures and Target Global. 

“We’ve been doing a lot of resource deployment has been in our operational entity, in Nigeria. But now we are doubling down on expansion...…

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Xepelin raises $230m in debt and equity funding

Chile based creator of a financial services platform for SMEs in Latin America raised $30m in new equity funding led by Kaszek Ventures.

“Any company in LatAm can onboard in just a few minutes and immediately access a free software that helps them organize their information...…

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