News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Djamo raises $14m in new funding

Ivory Coast based financial app raised $14m in new funding led by Partech Africa, Enza Capital,  and Oikocredit.

“Before Djamo, it was a real challenge for an average customer to receive salaries digitally because they weren’t integrated into the...…

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Nucleo raises $4m in Seed funding

New York based ethereum privacy infrastructure raised $4m in Seed funding led by Bain Capital Crypto and 6th Man Ventures.

“What started as a fun side project, quickly turned into critical technology that unlocks an entirely new design space for the future of...…

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Flourish Fi raises $2.3m in Seed funding

San Francisco based embedded fintech company focused on customer engagement raised $2.3m in Seed funding led by Magma Partners.

“We work with a lot of individuals who are new to the financial system,” Eting told TechCrunch. “In Latin America, we also saw a lot more...…

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PayZen raises $20m in Series B funding

San Francisco based provider of health care financing tools raised $20m in Series B funding led by 7wire Ventures. 

“This exciting round is a testament to PayZen’s product innovation and the immense need for more affordable payment options for patients...…

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Novo raises $35m in Series B extension funding

Miami based fintech platform for small businesses raised $35m in Series B extension funding led by GGV Capital.

“What’s impressed us most about Novo is their ecosystem approach to small business checking — they’ve built a robust, intuitive platform...…

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Service 1st Financial raises $20m in Series B funding

Maryland based residential contractors-focused fintech startup raised $20m in Series B funding led by S2G Ventures.

“If your trusted contractor — who you call to come into your home to help figure out what to do with your system — doesn’t offer a heat...…

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Carv raises $4m in Seed funding

Los Angeles based blockchain identity company raised $4m in Seed funding led by Vertex.

“When you onboard a web2 user, lowering the barrier is very important. If you log in with Metamask, which is like a safe for your private...…

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Prosper Marketplace raises $75m in growth funding

San Francisco based lending platform raised $75m in growth funding led by Neuberger Berman. 

“We have been thoroughly impressed by Prosper’s approach to managing its business and are thrilled to partner with the company in its...…

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Cobee raises €40m in Series B funding

Spain based employee benefits app raised €40m in Series B funding led by Octopus Ventures and Notion Capital.

“What’s unique about Cobee, compared to other players in this space, is their flexible platform, capable of being adapted to different...…

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Efficient Capital Labs raises $3.5m in Seed funding

New York based capital provider to B2B SaaS companies raised $3.5m in Seed funding led by 645 Ventures.

"When you speak with Indian SaaS founders, you'd learn that they have a US bank account but never avail of cheaper US capital because...…

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Surround Insurance raises $2.5m in Seed funding

Boston based insurance provider raised $2.5m in Seed funding led by MassMutual’s MM Catalyst Fund.

Jay Grayson, CEO and co-founder of Surround, said, “Lifestyles of young adults in their 20s and 30s are changing rapidly and...…

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Beam (fka Edquity) raises $6.4m in Series A funding

Brooklyn based public benefit administration platform raised $6.4m in Series A funding led by Potencia Ventures.

Led by CEO David Helene, Beam provides a platform that helps governments administer a wide range of programs, from rental relief and...…

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Zulu raises $5m in Seed funding

Colombia based digital wallet raised $5m in Seed funding led by Cadenza Ventures.

“Zulu is a decentralized wallet where each user holds their own keys and personally custodies their assets within a great user experience...…

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Daylight raises $15m in Series A funding

New York based neobank focused on LGBTQIA+ customers raised $15m in Series A funding led by Anthemis Group. 

"Family creation is a major life event for queer people and the challenges we face are increasingly more complex than those for non-LGBTQ...…

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Anode Labs raises $4.2m in growth funding

Austin based energy storage platform with tokenized incentives raised $4.2m in growth funding led by Lerer Hippeau and Lattice Capital.

“Our work to date has mostly been around the energy side,” said Badeaux in an interview with The Block. “So, the integration with the...…

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Virgil raises €15m in growth funding

Paris based property investment startup raised €15m in growth funding led by GFC, Alven, and localGlobe.  

"We are developing a groundbreaking solution that meets the expectations and needs of both young active people and investors," explain...…

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Beam raises $2.5m in Seed funding

Thailand based one-click payment startup raised $2.5m in Seed funding led by Sequoia Capital India and Surge.

“Form filling alone could not solve sales conversions, so payments had to be integrated too, ultimately realizing a much larger, burning...…

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Relay Commerce raises $6.3m in Seed funding

New York based aggregator of e-commerce software raised $6.3m in Seed funding led by Primary.

"The initial focus is certainly bootstrapped companies because the message really resonates with those founders," says Relay co-founder...…

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Valcre raises $12.7m in Series A funding

San Diego based commercial real estate appraisal platform raised $12.7m in Series A funding led by Avenue Growth Partners.

“Valcre has been a disruptor in the appraisal industry for over half a decade, but the explosion of interest in our offering these past...…

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Baraka raises $20m in Series A funding

Dubai based commission-free investment platform raised $20m in Series A funding led by Valar Ventures.

“When I moved to the region, it was surprising to see that people didn’t invest in digital assets much as there were little to no...…

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Matter Labs raises $200m in Series C funding

Cayman Islands based ethereum scaling solution raised $200m in Series C funding led by Blockchain Capital and Dragonfly.

Most of the funding will go toward “building up the team, growing, scaling and being ready to mature as a company,” said Steve Newcomb,...…

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PayZen raises $20m in growth funding

San Francisco based health care payments affordability platform raised $20m in growth funding led by 7wire Ventures.

“At PayZen, our mission is to address healthcare affordability for everyone, no matter the stage of care,” Cohen said in a news release....…

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GoFreight raises $23m in Series A funding

Los Angeles and Taipei based freight forwarding startup raised $23m in Series A funding led by Flex Capital and Headline.

“A freight forwarding business is about how to ship cargo from point A to point B. Software can really help, but that’s not their main...…

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Brightside raises $33m in Series B funding

San Francisco based financial care platform for employers raised $33m in Series B funding led by Obvious Ventures.

“Most employees aren’t looking for financial plans and budgeting products, and they don’t want a financial planner to tell them they are...…

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Lentra raises $60m in Series B funding

India based embedded finance startup raised $60m in Series B funding led by Bessemer Venture Partners and SIG.

“We want to help and empower the banks, who are our clients, to lend better, lend completely on a digital platform and improve on all...…

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The Trading Pit raises €10m in growth funding

Liechtenstein based trading and asset management firm raised €10m in growth funding led by Pinorena Capital.

"We are very eager to support The Trading Pit considering the company's exceptional delivery on all fronts of its original business plan....…

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Boodil raises £525k in pre-Seed funding

Manchester based alternative payments startup raised £525k in pre-Seed funding led by angel investors.

“I believe Boodil have identified a gap in the market with their proposition, which is being highlighted by the early adoption of their...…

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Silkhaus raises $7.75m in Seed funding

Dubai based short-term property rental platform raised $7.75m in Seed funding led by Nuwa Capital, Nordstar and GFC.

“At some point when I was building software for SMBs to book and manage travel globally, I saw businesses were beginning to do something...…

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Banked raises $15m in Series A extension funding

London based account-to-account payments startup raised $15m in Series A extension funding Insight Partners.

“Banked has a huge ambition and we believe they have built the team and product to tackle such an exciting opportunity in payments. There...…

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Savvy Wealth raises $11m in Series A funding

New York based wealth management startup raised $11m in Series A funding led by The House Fund.

“Today’s advisors still rely on antiquated processes and outdated technology that ultimately lead to subpar client experiences. We’ve...…

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BInk raises $12.5m in new funding

Egypt based consumer credit startup raised $12.5m in new funding led by Sawari Ventures and EIIC.

"So far, Blnk claims to have disbursed over $20 million in loans via a network of more than 300 merchants (half of which are active) to...…

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Tellus raises $16m in Seed funding

California based real estate investment app, raised $16m in Seed funding led by a16z. 

“The home Tellus’ borrowers buy typically is not the starter home. What they are seeking is called a super jumbo loan, which is designed...…

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Laika raises $50m in Series C funding

New York based security compliance platform raised $50m in Series C funding led by Fin Capital.

“Compliance has been a top priority for at least the last 10 years, but it’s really dialed up in the last three, where there has been...…

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Ordergroove raises $100m in new funding

New York based provider of subscription solutions for retailers and DTC brands raised $100m in new funding led by Primus Capital Partners.

“Customer growth rates are the same as they were 10-18 months ago. I wish I could say we did this intentionally but we didn’t…...…

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Ping raises $15m in Seed funding

LatAm based digital payments wallet raised $15m in Seed funding led by Y Combinator. 

“Then we said, ‘okay, there are clearly a lot of people working remotely in Latin America looking for higher paying jobs in dollars. Why...…

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Agrolend raises $27m in Series B funding

Brazil based agribusiness capital provider raised $27m in Series B funding led by Lightrock.

"The round will enable Agrolend to expand its credit offering to more than 10,000 small-to-medium-sized farms across Brazil, as the firm...…

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Mendel raises $60m in new funding

Mexico based B2B payments firm raised $60m in new funding led by Industry Ventures, Infinity Ventures and Victory Park Capital.

“The trend shows an evident demand for modernizing financial operations and management. At Mendel we continue to invest heavily on...…

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Ramp Network raises $70m in Series B funding

London based crypto on- and off-ramp raised $70m in Series B funding led by Mubadala Capital and Korelya Capital.

“Local payment methods reduce friction and costs for lower-income regions, while being more intuitive and accessible for more people in...…

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TRM Labs raises $70m in Series B funding

San Francisco based blockchain intelligence company raised $70m in Series B funding led by Thoma Bravo.

“In the rapidly evolving regulatory landscape, TRM’s capabilities are ever more critical to helping organizations scale and adapt risk...…

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Yave raises $7.5m in new funding

Mexico City based embedded mortgage lender raised $7.5m in funding led by Better Tomorrow Ventures and Metaprop.

“In Mexico, five banks and the government originate 99% of the loans. It’s very difficult to have new competitors, because there’s no...…

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Atlar raises $5m in Seed funding

Sweden based business payment automation startup raised $5m led by Index Ventures.

“This is why Atlar is on a journey to becoming the operating system for bank-based payments. By creating a new category, we hope to...…

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Doola raises $8m in Series A funding

New York based startup that helps foreign founders start LLCs in the U.S. raised $8m in Series A funding led by Nexus Venture Partners.

“If we can help people go from zero to point one and get their business off the ground, we think we can increase entrepreneurship...…

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Fordefi raises $18m in Seed funding

New York based DeFi wallet maker for institutions raised $18m in seed funding led by Lightspeed Venture Partners.

“Our solution protects the private keys, but then it also provides all the necessary context for the user to make a meaningful decision...…

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Glow raises $22.5m in Series A funding

San Francisco based digital insurance agency for small businesses raised $22.5m in Series A funding led by Cota Capital.

“Small business insurance is a $100 billion market, and it’s underserved and underinsured. Glow’s approach has all the elements the...…

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Cherry raises $4m in Seed funding

New York based payments and invoice tracking company raised $4m in Seed funding led by NFX.

"Now valued at about $20 million, Cherry integrates into a company's existing accounting software and bank so customers do not need to...…

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SparkPlug raises $8m in Series A funding

San Francisco based payout automation and sales management platform raised $8m in Series A funding led by Lightbank.

“Coming out of the pandemic we’ve seen direct-to-consumer brands hit a major roadblock in expansion, and many leaders are coming to terms...…

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Fintecture raises $26m in Series A funding

French B2B payments startup raised $26m in Series A funding led by Target Global. 

“Here we have a solution that automates part of the reimbursements with integrated KYC and AML features as well as instant payments."

Quinio raises $40m in new funding

LatAm based e-commerce aggregator secured $40m in new funding led by Northgate Capital.

“This shift created a more challenging environment for e-commerce aggregators who benefited strongly from the rapid acceleration seen...…

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Yassir raises $150m in Series B funding

Algeria based super-app raised $150m in Series B funding led by Bond.

“We thought we could provide on-demand services that solve immediate needs around where people spent their money. We knew if we executed...…

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Archy raises $10m in new funding

San Francisco based payments and dental practice management platform raised $10m in new funding led by Bessemer Venture Partners and CRV.

“Software has historically been a universal pain point for dental teams and we’re proud that Archy is leading the way in closing that...…

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Vesto raises $2.8m in Seed funding

New York based treasury management startup raised $2.8m in Seed funding led by Contrary Capital. 

“Ideally, companies should never have a dollar of idle cash, yet there are trillions, floating around in near zero-interest checking...…

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Haven raises $8m in Series A funding

New York based mortgage servicing software company raised $8m in Series A funding led by Fifth Wall.

“At Haven we believe that an educated homeowner is a confident and valuable one. However, while lenders, servicers, realtors, and home...…

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Arta Finance raises $90m in Series A funding

California based alternative assets investing platform raised $90m in Series A funding led by Sequoia.

“Everyone should have a chance to take charge of their financial life in the same way that wealthier and financially savvier people do.”

InterPrice Technologies raises $7.3m in Series A funding

New York based capital markets funding platform raised $7.3m in Series A funding led by Nasdaq Ventures.

“We have been incredibly fortunate to work with some of the most active corporate treasury teams and underwriters over the past two years.”

WalletConnect raises $12.5m in new funding

Decentralized web3 communications protocol raised $12.5m in new funding led by Shopify.

"We want to eventually decentralize fully into a token network," said founder and WalletConnect CEO Pedro Gomes. "We were researching and...…

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Dropit raises $25m in Series C funding

London based retailer inventory unification platform raised $25m in Series C funding led by Vault Investments.

“Dropit has set out to solve a macro problem created by the retail industry’s duplication of inventory and lack of ability to combine...…

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Fintecture raises €26m in Series A funding

France based B2B payments digitization company raised €26m in Series A funding led by Target Global.

“Here we have a solution that automates part of the reimbursements with integrated KYC and AML features as well as instant payments.”

Zest AI raises $50m in growth funding

California based automated underwriting company raised $50m in growth funding led by Insight Partners.

“We're working to build a better future for the financial services ecosystem where underwriting is swift, equitable, and frictionless...…

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Travtus raises $4m in Seed funding

New York based provider of multifamily property management software raised $4m in Seed funding led by RET Ventures.

"Just a few years after its launch, Travtus has gained significant traction in the market because of its sophisticated machine learning...…

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Attain raises $25m in Series B funding

Chicago based commerce data platform raised $25m in Series B funding led by Mercato Partners.

“Since our initial launch in 2019, we’ve created a leading commerce data platform that helps marketers reach their goals.”

Evmos raises $27m in Seed funding

Berlin based Ethereum virtual machine hub company raised $27m in Seed funding led by Polychain Capital.

For that reason, blockchains of all sizes “seek to integrate with Ethereum as its robust liquidity and the diversity of its decentralized...…

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Plend raises £40m in Seed funding

London based ethical lending company raised £40m in Seed funding led by Active Partners.

“We are thrilled to be working with our newest investment partners to provide a truly ethical alternative to the broken credit scoring...…

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Iink Payments raises $3m in Seed funding

Florida based digital payments startup for the insurance claims market raised $3m in seed funding led by Grand Ventures.

“One of our biggest goals is to eliminate the multi-party paper check altogether. After an event like Hurricane Ian you could be waiting...…

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Decentro raises $4.7m in Series A funding

Bengaluru based API provider raised $4.7m in Series A funding led by Rapyd Ventures.

“Whenever a fintech startup or a company wants to launch a new product in the market, it takes them a minimum of a few months to launch....…

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Retirable raises $6m in new funding

New York based retirement planning solutions provider raised $6m in new funding led by Primary.

“Big players might offer call centers to have somebody help you with your account, but we’re the only ones giving you a dedicated advisor...…

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Givingli raises $10m in Series A funding

California based digital card and gifting platform raised $10m in Series A funding led by Seven Seven Six.

“We noticed there was no platform we would actually want to use,” Nicole Green told TechCrunch in an email interview. “In combination, I...…

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Fringe raises $17m in new funding

Virginia based HR tech startup offering customizable employee benefits raised $17m in new funding led by Origin Ventures.

“We also noticed that most companies treat benefits and perks as a one-size-fits-all solution — with standardized offerings that don’t...…

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Cover Genius raises $70m in Series D funding

New York City based insurtech for embedded insurance raised $70m in Series D funding led by Dawn Capital.

“Inflation is too high, and it’s the bank’s job to bring it down,” Governor Andrew Bailey said at a press conference after the...…

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TouchBistro raises $110m in growth funding

Toronto based restaurant management platform raised $110m in growth funding led by Francisco Partners.

“We integrated with key partners to provide our customers with best-in-class and complementary solutions, all integrated together on a...…

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SmallSmall raises $2m in new funding

Nigeria based proptech company raised $2m in new funding led by Oyster VC.

“We started by understanding the pain points of landlords. Even though they collected rent one year upfront, the default rate of the...…

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Lama AI raises $9m in Seed funding

New York based business lending platform raised $9m in seed funding led by Viola Ventures.

“8 out of 10 small businesses that seek capital for growth, working capital, hiring, seasonality or any other reason- get rejected by...…

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Braavos raises $10m in Seed funding

Tel Aviv based company building a self-custodial wallet on StarkNet raised $10m in Seed funding led by Pantera Capital.

"this means that even if my phone gets hacked, the hacker does not have access to my seed phrase. These are just some of the things that...…

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RakkaR Digital raises $10m in Seed funding

Singapore based crypto custodian raised $10m in Seed funding led by SCB 10X.

"Southeast Asian markets have some of the highest digital asset and crypto adoption rates in the world, especially in areas such as DeFi,...…

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Invygo raises $10m in Series A funding

UAE and Saudi Arabia based long-term car subscription service raised $10m in Series A funding led by MEVP.

“We’ve split the full payment of the car into three. Normally, you have a massive downpayment of around 20% and then your monthly...…

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Money Fellows raise $31m in Series B funding

Egypt based company digitizing money circles raised $31m in Series B funding led by CommerzVentures.

“Germany didn’t have this culture and at some point, it felt like it made sense to go to the U.K. where they have Asians, Africans and...…

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Cinven to acquire TaxAct

International private equity firm, Cinven will acquire TaxAct for approximately $720m. Following closing of the transaction, Cinven will...

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