News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Mattilda raises $10m in Seed funding

Mexico City based payments startup focused on private schools in Latin America raised $10m in Seed funding led by FinTech Collective.

“It’s hard for schools to get loans because banks will never execute on those assets,” Agote said. “There’s a lot of opportunity for...…

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Reap raises $40m in growth funding

Hong Kong based web3 payments startup raised $40m led by Acorn Pacific Ventures, Arcadia Funds and HashKey Capital.

“We want to build software and tools to enable more traditional businesses to get to payment digitalization faster,” says Daren Guo,...…

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Martian raises $3m in Pre-Seed funding

New York based web3 wallet raised $3m in Pre-Seed funding led by Race Capital.

“Move-based blockchains like Aptos will transform web3 innovation because of their higher composability and friendly developer...…

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Fursure raises $3m in Seed funding

Miami based pet insurance marketplace and neobank for pet owners raised $3m in Seed funding led by MaC Ventures.

“A huge number of families have beloved pets”, says Kent Goldman of Upside Partnership. “Like their humans, these members of our families...…

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Lama AI raises $9m in Seed funding

New York based business banking tech provider raised $9m in Seed funding led by Viola Ventures and Hetz Ventures.

“Not only are the borrowing processes required by traditional financial institutions lengthy and demanding, the industry, as a whole,...…

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Onward raises $9.7m in Series A funding

Los Angeles based financial platform for co-parents raised $9.7m in Series A funding led by TTV Capital.

“There are 50 million co-parents in the United States, and they represent a massive, massive market that hasn’t yet been served,” she...…

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Moneyhub raises $40m in growth funding

United Kingdom based payments platform raised $40m in growth funding led by Legal & General and Lloyds Banking Group.

Wian Pieterse, Fintech MD, at Legal & General comments: “At Legal & General we believe data is key to helping customers make informed...…

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Merge raises $55m in Series B funding

San Francisco based API integration service raised $55m in Series B funding led by Accel.

“We’ve heard for years how difficult it is to build third-party integrations—doing so is difficult, costly, and impossible to maintain....…

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Floryn raises $64m in growth funding

Netherlands based online lender for SMBs raised $64m in growth funding led by NatWest.

“NatWest is actively seeking opportunities to support fintech companies that make a distinctive contribution to the sustainable growth of...…

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ConnexPay raises $110m in growth funding

Atlanta based payments acceptance and issuance platform raised $110m in growth funding led by FTV Capital.

“ConnexPay was founded with the aim of transforming all payments in the travel industry. This mission now extends to other payment...…

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The crypto story

Finance writer Matt Levine has written a guide for crypto that encompasses an entire issue of Bloomberg Businessweek. What follows is his...

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Uplinq raises $1.25m in growth funding

Toronto based credit assessment firm for SMB lenders raised $1.25m in growth funding from ATX Venture Partners.

"Uplinq is bringing a very complex product to market helping address the massive SMB lending industry, which has historically been...…

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Bookkeep raises $6.6m in Seed funding

New York based accounting automation platform raised $6.6m in Seed funding led by Fin Capital.

“This additional capital underscores the difficult problems that still need to be solved in the underserved accounting industry. We’re at...…

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Limit raises $14.5m in Series A funding

California based digital insurance wholesale broker for the cyber market raised $14.5m in Series A funding led by IA Capital Group.

"There's a clear need in the growing cyber market for a tech-enabled intermediary to help retail agents and their clients grapple with...…

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Breezeway raises $15m in Series B funding

Boston based vacation rental property management platform raised $15m in Series B funding led by Catalyst Investors.

“Our software and mobile apps have facilitated over 9 million real estate tasks and 4 million guest messages across 100 million square...…

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Finexio raises $35m in Series B funding

Orlando based B2B accounts payables company raised $35m in Series B led by Mendon Venture Partners and National Bank Holdings Corp.

Ernest Rolfson, Finexio Founder and CEO, said, "We are thrilled to announce an oversubscribed round by leading fintech venture capital...…

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Celestia raises $55m in growth funding

London based blockchain scaling startup raised $55m in growth funding led by Bain Capital Crypto and Polychain Capital.

“Unlike what is seen in sharding, with Celestia, non-consensus nodes will still enhance throughput and security,” Blockworks research...…

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Bags raises $3m in Seed funding

New York based loan marketplace focused on underrepresented businesses raised $3m in Seed funding led by Slauson & Co. 

"Access to capital is a core part of long-term small business success, and our mission is to provide underserved businesses with a clear...…

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LuckyTruck raises $2.4m in Seed funding

Ohio based trucking insurance provider raised $2.4m in Seed funding led by Candid Insurance Investors.

"Conversations with trucking leadership revealed that their insurance processes often lack the analytics to help bring costs down and the...…

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Bumpa raises $4m in Seed funding

Lagos based retail automation platform raised $4 million in Seed funding led by Base10 Partners.

“With Bumpa, we’re helping business owners organize all the commerce that’s happening on their social media. They can see their top...…

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Bookkeep raises $6.6m in Seed funding

New York based accounting automation platform raised $6.6 million in Seed funding led by Fin Capital.

“We’re at a massive inflection point where it is increasingly challenging to find accountants who are willing to do the manual work and...…

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Kudos raises $7m in Seed funding

US based credit card browser extension raised $7m in Seed funding led by Patron.

“There are billions locked to credit cards, but the consumer experience was always lacking. I wanted to take the first principles...…

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Banyan raises $43m in Series A funding

New York based network for SKU data raised $43m in Series A funding led by Fin Capital and M13.

“Merchants are a key collaborator in our network, providing secure purchase receipt data so that there is no need for screen scraping or...…

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Adonis raises $5.6m in Seed funding

New York based medical billing startup raised $5.6m in Seed funding led by Bling Capital.

“In our view, the center of the Venn diagram between healthtech and fintech is larger than ever before.”

Ordo raises £10m in Series A funding

U.K. based open banking startup raised £10m in Series A funding led by Equinox Systems.

"As I look to the future, both near and medium term, the case for Request to Pay and Open Banking capability has never been stronger....…

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Credit Key raises $15m in Series B funding

LA based B2B BNPL company raised $15m in Series B funding led by Greycroft.

“B2B e-commerce continues to expand at an incredible pace, but a great majority of merchants still lack the payment tools that their...…

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Chainsafe raises $18.75m in Series A funding

Toronto based blockchain infrastructure startup raised $18.75m in Series A funding led by Round13.

"A passion for open-source and decentralized technology gradually turned into a profitable web3 business, and five years later, ChainSafe...…

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Landis raises $40m in Series B funding

New York based real estate tech startup raised $40m in Series B funding led by GV.

“We buy a home on behalf of a client who rents the home from us. During that time, the client prepares for a mortgage with a Landis...…

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Mercantile raises $15m in Series A funding

New York based provider of industry-specific credit cards raised $15m in Series A funding led by Index Ventures.

“We thought it was great to go with industry players that already knew the landscape and could sort of hold their hand while we were...…

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Maplerad raises $6m in Seed funding

Africa based embedded payments and card company raised $6m in Seed funding led by Valar Ventures.

"Maplerad is solving financial infrastructure problems for these businesses in Africa. We handle that whole stack and provide the...…

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CafecitoTalk interview with Mayor Suarez and Daisy

Daisy CEO Yotam Cohen spoke with Miami Mayor Suarez on an interview about the company's expansion into Miami.

"Miami is quickly becoming the global tech capital of the world and we are so excited to have Daisy, an Israeli property management...…

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Otterspace raises $3.7m in Seed funding

Berlin based DAO onboarding and management startup raised $3.7m in Seed funding led by Cherry Crypto.

"We now see that crypto is overly financialized — even hyper-financialized — and specifically in DAOs you see that as people vote with...…

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StandardC raises $4.75m in Series A funding

SF based compliance software company raised $4.75m in Series A funding led by Hard Yaka.

"The StandardC Credential is based on self-reported business data, enhanced by both public and private data streams, that enable...…

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ARTA raises $11m in Series A funding

NYC based maker of fulfillment software for collectibles raised $11m in Series A funding led by AXA Venture Partners.

“The explosion of online sales of art, design objects, and collectibles has driven an immediate need for our product. We’ve always known...…

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Ayoconnect raises $13m in Series B funding

Southeast Asia based finance API company raised $13m in Series B funding led by SIG Venture Capital.

“While open banking and open finance are reasonably well-established in Europe and the US, the industry is still very young in Southeast...…

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Pillow raises $18m in Series A funding

Singapore based crypto investing platform raised $18m in Series A funding led by Accel

“Eventually, we realized that the challenge is that crypto transactions today do not fit the mental model of how retail users perceive...…

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GoHenry raises $55m in growth funding

UK based prepaid debit card and app for kids and teens raised $55m in growth funding led by Edison Partners.

“In the next 2 to 3 years we’ll have hopefully created a successful new segment called youth banking. The funding and debt raises are the...…

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Ayoconnect raises $13m in Series B extension funding

Indonesia based finance API startup raised $13m in Series B extension funding led by SIG VC.

“While open banking and open finance are reasonably well-established in Europe and the US, the industry is still very young in Southeast...…

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Northstar raises $24.4m in Series B funding

Los Angeles based financial wellness benefit for employees raised $24.4m in Series B funding led by GGV Capital.

“There were companies telling me that I should refinance my student loans,” recalls Peng, who is the second oldest of six children born...…

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Astra raises $10m in Series A funding

San Francisco based card-to-card funding service provider raised $10m in Series A funding led by FPV Ventures.

“Time to money is one of the most vital metrics for fintechs, financial institutions, and marketplaces. How quickly a user is able to...…

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FlapKap raises $3.6m in Seed funding

Egypt based revenue-based financing company raised $3.6m in Seed funding led by QED.

“We always thought to ourselves that this should be the exact opposite. Big clients with massive amounts of cash shouldn’t be the ones...…

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Tugende raises $10m in Series B funding

Uganda based MSME credit and asset-financing company raised $10m in Series B funding led by Partech.

“Tugende is committed to innovation and partnerships that remove barriers for people and businesses to build better futures. With...…

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Net Purpose raises $11m in Series A funding

London based platform for sustainable investors raised $11m in Series A funding led by ETF Partners.

“Net Purpose’ core differentiator is that we provide investment-grade facts on the social and environmental performance of companies and...…

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Zerion raises $12.3m in Series B funding

SF based crypto wallet company raised $12.3m in Series B funding led by Wintermute Ventures.

“Early crypto wallets were not really suited for the ever-changing use cases and like-emerging use cases that we've started to see,”...…

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SettleMint raises €16m in Series A funding

Belgium based low-code blockchain platform raised €16m in Series A funding led by Molten Ventures.

“SettleMint is enabling enterprises to drive real business value from decentralised applications built on blockchain technology."

Elenas raised $20m in Series B funding

Colombia based social commerce company raised $20m in Series B funding led by DILA Capital.

“Elenas is revolutionizing the direct-sales industry by giving millions of people across the region the opportunity to sell thousands of...…

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Chronograph raises $20m in new funding

New York City based private markets technology company raised $20m in new funding led by Summit Partners.

"Since entering the market, Chronograph has changed the way many private equity firms and their investors interact with their data,...…

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Telda raises $20m in Seed funding

Egypt based consumer money app raised $20m in Seed funding led by Sequoia.

We are humbled to be the first company to receive the license in Egypt. Egypt’s commitment to shaping the future of finance and...…

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nxyz raises $40 in growth funding

Stockholm based blockchain data infrastructure company raised $40m in growth funding led by Paradigm.

“To me, the big advancement with a blockchain is that it introduces this idea of decentralized computation, where you’re uploading a...…

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Tatum raises $41.5m in growth funding

Miami based blockchain developer platform raised $41.5m in growth funding led by Evolution Equity Partners.

"By speeding the development process, Tatum is enabling companies to bring finished blockchain applications into production with an...…

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Moon Mortgage raises $3.5m in Seed funding

Miami based crypto lending platform raised $3.5m in Seed funding led by CoinFund.

“People are already incentivized to use their crypto to invest in real estate; the problem is that until now they have never had the...…

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Magic Square raises $4m in new funding

Tel Aviv based crypto app store company raised $4m in new funding led by Huobi Global.

“We're raising more from strategic partners that can assist us to grow, assist us to build the brand promise,” he added. “For us, the...…

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Arch raises $5m in Seed funding

Decentralized finance company raised $5m in Seed funding led by Digital Currency Group.

“We kept hearing stories of people who, for instance, wanted to get into crypto, and the only option they really had was going out to...…

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Scale3 Labs raises $5.3m in Seed funding

California based web3 infrastructure company raised $5.3m in Seed funding led by Redpoint Ventures.

Kalyanaraman said that running nodes is "super hard" today for multiple blockchains. Nodes are an integral part of blockchain networks...…

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Payable raises $6m in Seed funding

UK based payment operations automation firm raised $6m in Seed funding led by CRV.

"Our goal is for Payable to be the software that enables companies to bring their own corporate bank accounts, wallet provider or...…

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Xalts raises $6m in Seed funding

Hong Kong based digital asset management firm raised $6m in Seed funding led by Citi Ventures.

"What came to the forefront this past summer in several large crypto firms was a lack of basic controls, checks and balances that most of...…

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Fintor raises $6.2m in Seed funding

California based mobile real estate investing platform raised a $6.2m in Seed funding led by Public.com.

“Real estate is a great investment to make, but the hardest aspect of getting started is saving the initial capital and navigating the...…

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Flueid raises $15m in Series B funding

Texas based real estate technology company raised $15m in Series B funding led by Aquiline.

“Flueid is focused on bringing data forward that expedites decision-making and unlocks processes, no matter where a client sits within...…

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OatFi raises $8m in new funding

New York based B2B BNPL company raised $8m in new funding led by QED Investors.

“We founded OatFi to better serve small- and medium-sized (SMBs) businesses. Cash flow has always been a problem for small business,...…

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Factorial raises $120m in Series C funding

Barcelona based HR and payroll platform for SMBs raised $120m in Series C funding led by Atomico.

“Everything we do is about user experience and making things simple for employees,” he said. “You should be able to just onboard a...…

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Musk's "super app" vision

The concept of an "everything app" or a "super app" — which serves as a hub for multiple services within a single user interface — is...

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Solvento raises $5m in Seed funding

Mexico City based payments and credit startup for carriers raised $5m in Seed funding led by Ironspring Ventures.

Ty Findley, General Partner at Ironspring Ventures, called Solvento “an innovative fintech solution with a rapidly expanding customer...…

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Korea Credit Data raises $24.7m in Series D funding

South Korea based SME bookkeeping and revenue management software maker raised $24.7m in Series D funding led by Fiserv and LG Uplus.

In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees....…

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Jiko raises $40m in Series B funding

Oakland based fintech company that automates T-bill investments and storage raised $40m in Series B funding led by Red River West.

“We were focused on API access to retail but we’re seeing such an influx for our corporate product, that we’ve really accelerated and...…

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Elpha Secure Technology raises $20m in Series A funding

New York based cyber insurance startup raised $20m in Series A funding led by Canapi Ventures.

“Elpha Secure’s innovation in monitoring, reducing, and managing risk throughout the life of an insurance policy aims to improve an...…

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Solvento raises $5m in Seed funding

Mexico City based payments and credit startup for carriers raised $5m in Seed funding led by Ironspring Ventures.

Jaime Tabachnik, co-founder and CEO of Solvento, called carriers in Mexico “unsung heroes.” “Without them, our economy doesn’t move,” he...…

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Railsr raises $26m in growth funding

London based embedded finance startup raised $26m in growth funding led by Anthos Capital.

Meirav Harnoy, Co-Founder and Managing Partner, Moneta VC, said: “It has been a pleasure to see Railsr go from strength-to-strength as a...…

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Amplify Life Insurance raises $10m in growth funding

San Francisco based digital life insurance platform raised $10 million in growth funding led by Munich Re Ventures.

"The company intends to use the funds to expand the digital life insurance offerings including a mobile application to be launched later...…

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Spleet raises $2.6m in Seed funding

Nigeria based proptech raised $2.6m in Seed funding led by MaC Venture Capital.

“If you think about more developed countries that have rent data, they use it to either get a mortgage or a school loan or things like...…

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NoFrixion raises €3.6m in growth funding

Dublin based installment payments firm raised €3.6m in growth funding led by Delta Partners and Middlegame Ventures.

"Getting paid and making payments has become increasingly expensive and complicated. We’re transforming that underlying infrastructure,...…

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Exponential raises $14m in Seed funding

Miami based DeFi yield investing platform raised $14m in Seed funding led by Paradigm.

“Investing in DeFi is a labyrinthian hellscape that even the most devoted crypto evangelist can get lost in,” Exponential co-founders...…

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Toqio raises €20m in Series A funding

London based low-code fintech platform raised €20m in Series A funding led by AlbionVC. 

Jay Wilson, Investment Director at AlbionVC, says: "​​We have been incredibly impressed by Toqio’s growth to date and the exceptional...…

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Juno raises $18m in Series A funding

Singapore based  platform for users to take paychecks in digital tokens raised $18m in Series A funding led by ParaFi Capital.

“We think these banks are not crypto friendly,” Varun Deshpande, the CEO and co-founder of Juno told CoinDesk. The aim of the loyalty...…

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ShopBack raises $80m in Series F funding

Singapore based e-commerce rewards app raised $80m in Series F funding led by Temasek's equity partners. 

“We’re very focused on being listing-ready,” said Chan, who is also the company’s chief executive officer. “That way we can decide to act...…

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Tally Technologies raises $80m in Series D funding

San Francisco based startup that automates credit card payments raised $80m in Series D funding led by Sway Ventures.

“I think what we’re going to see, unfortunately, over the next couple of quarters, is that the absolute amount of credit card debt is...…

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