News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

RLabs raises $5m in pre-Seed funding

Austin based impact-focused NFT company raised $5m in pre-Seed funding from investors associated with Softbank, AGF and Prodege. 

“The next generation will own a digital wallet before opening a bank account,” says Geeta Sankappanavar, Co-Founder of R Labs. “This will...…

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Ophelos raises £5m in Seed funding

U.K. based debt resolution startup raised £5m in Seed funding led by AlbionVC.

The seed round will support Ophelos’ ambitious growth plans, as the company looks to rapidly expand its debt resolution automation...…

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MoHash raises $6m in Seed funding

India based DeFi protocol raised $6m in Seed funding led by Sequoia India & Southeast Asia and Quona Capital.

“As the value of Bitcoin and Ethereum appreciated, the demand for loans against them skyrocketed, prompting higher yields. But now as we...…

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Stake raises $12m in Series A funding

New York based cash-back and banking startup for renters raised $12m in Series A financing led by RET Ventures.

"Renters don't need more debt or loans," noted Rowland Hobbs, Co-Founder and CEO of Stake. "What renters need is money to help with...…

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April raises $30m in Series A funding

New York based embedded personal income tax platform raised $30m in Series A funding led by Treasury. 

"We're proud to partner with April as one of the few startups focusing on how to make taxes easier for everyday Americans," said Jimmy...…

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GetVantage raises $36m in equity and debt funding

Mumbai based revenue-based financing startup raised $36m in equity and debt funding led by Varanium Nexgen Fintech Fund.

“The traditional process of raising capital is complex, cumbersome and simply doesn’t work for all enterprises and business owners,” Vasa...…

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Cleo raises $80m in Series C funding

London based Gen Z-focused fintech startup raised $80m in Series C funding led by Sofina.

Speaking about the raise, Barnaby Hussey-Yeo, Founder and CEO of Cleo, said:“The vast majority of Gen Zers in the US are living from...…

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Entrepreneur First raises $158m in Series C funding

U.K. based investor and startup program raised $158m in Series C funding from a long list of tech entrepreneurs and investors. 

“We got to $10 billion of portfolio value with what is essentially a single product for a very specific type of founder,” Clifford said....…

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Pinterest gets a fintech CEO

Pinterest announced this week that Google's president of commerce and payments, Bill Ready, will join as its CEO — with founder Bill...

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Tenet raises $18m in Seed funding

New York based startup that offers EV-specific auto loans raised $18m in Seed funding led by Human Capital and Giant Ventures.

“Tenet exclusively works with sustainability and ESG-focused institutional investors and capital markets,” CEO Alex Liegl told...…

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Keyway raises $25m in Series A funding

New York based commercial real estate sales platform raised $25m in Series A funding led by Camber Creek.

“It’s clear that technology has completely disrupted the single family housing space. We see equally large potential in the commercial...…

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Kaiko raises $53m in Series B funding

France based provider of digital assets data raised $53m in Series B funding led by Eight Roads.

“With the growing institutional participation in digital assets, access to reliable, transparent, and regulatory-compliant market...…

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Pave raises $100m in Series C funding

San Francisco based compensation platform raised $100m in Series C funding led by Index Ventures.

"The Pave journey has just barely started. There are four billion participants in the global workforce, and compensation is a guessing...…

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Hokodo raises $40m in Series B funding

London based BNPL startup raised $40m in Series B funding led by Notion Capital.

“We don’t rely on any third party to make credit decisions as we can do it much quicker in-house. This means we can accept more buyers at...…

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Opn Co raises $120m in growth capital

Japan based mobile payments startup raised $120m in growth capital led by JIC Venture Growth Investments and Mars Growth Capital Pte.

Opn Co., a Japan-based mobile payments startup, raised $120m at a $1b valuation. JIC Venture Growth Investments and Mars Growth Capital...…

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Finhay raises $25m in Series B funding

Vietnam based digital investment platform raised $25m in Series B funding round led by Openspace Ventures and VIG.

Finhay is already emerging as the clear frontrunner in Vietnam’s booming investment space. We believe a massive opportunity exists in...…

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Aidaly raises $8.5m in new funding

Miami based provider of financial and coaching services for family caregivers raised $8.5m in new funding led by Seven Seven Six.

It also opened my eyes to the lack of resources available to family caregivers and the miscalculation of their role in the greater...…

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Vergo raises $4.1m in seed funding

New York based financial platform for the home building and renovation industry raised $4.1m in seed funding led by CRV.

Wahed raises $50m in Series B funding

New York based Islamic fintech company raised $50m in Series B funding led by Wa’ed Ventures.

Wahed, a New York-headquartered Islamic fintech company, raised $50m in Series B funding led by Wa’ed Ventures, the venture capital arm...…

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FinBox raises $15m in Series A funding

India based credit and borrowing startup raised $15m in Series A funding led by A91 Partners.

• FinBox, an Indian credit and borrowing startup, raised $15m in Series A funding led by A91 Partners, with participation from Aditya...…

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PayGlocal raises $12m in new funding

New Delhi based cross-border payments startup raised $12m in new funding led by Tiger Global and Sequoia Capital India.

We have observed remarkable growth within just 14 months of launch and received phenomenal feedback for our platform from merchants who...…

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zCloak Network raises $5.8m in new capital

U.K. based provider of zero-knowledge proofs for public blockchains raised $5.8m in new capital led by Coinbase Ventures.

Verifiable computation in user device will be a defining feature of Web 3.0. In contrast to the current paradigm of big data and cloud...…

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Fido raises $30m in Series A funding

Ghana based mobile credit startup raised $30m in Series A funding led by Fortissimo Capital.

What we are seeing in the market today is a segment of customers, who are mostly small entrepreneurs, that don’t really have access to...…

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Huspy raises $37m in Series A funding

Dubai based online mortgage platform raised $37m in Series A funding led by Sequoia Capital India.

There’s a problem of zero visibility on where to start from when searching for a house, and an ugly transaction process. And many people...…

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Stashfin raises $70m in Series C funding

Singapore based neobank raised $70m in Series C funding led by Uncorrelated Ventures.

When I moved back to India, I had a pretty hard time getting a credit card for almost a year and a half because although I was Indian,...…

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Magic Eden raises $130m in Series B funding

San Francisco based NFT-marketplace raised $130m in Series B funding co-led by Electric Capital and Greylock.

I think the mental model for us is: Everyone is really getting into this space to bet that this is going to be 100x to 1,000x bigger in...…

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Fung raises $2.7m in pre-seed funding

Amsterdam based crypto payments infrastructure company raised $2.7m in pre-seed funding led by Global Founders Capital.

“The first regulated payments platform unifying crypto and fiat payment rails.”

Able raises $20m in Series A funding

San Francisco based loan processing platform for commercial lenders raised $20m in Series A funding led by Canapi Ventures.

“Able is a game-changer. Their team is already working with several banks in the Canapi network on use cases that span the entire loan...…

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Mewt raises $4.8m in Seed funding

Bangalore based banking app raised $4.8m in Seed funding led by Quona Capital.

"mewt have impressed us from day one with their mission to make business banking easier for MSMEs who have traditionally had to juggle...…

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HomeLight raises $60m in Series D extension funding

Arizona based real estate startup raised $60m in Series D extension funding led by Oren Zeev. 

“With our latest acquisition, HomeLight becomes the largest agent-focused power buyer in the country,” the company said in a statement....…

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Auxilius raises $10m in new funding

Brooklyn based financial planning and accounting platform for clinical trials raised $10m in new funding led by Renegade Partners. 

“There are so many points of inefficiency in — and tax on — our systems…We’ve simply accepted this,” he said in an interview. “And yet...…

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Pawlicy Advisor raises $12m in Series B funding

New York based pet insurance marketplace raised $12m in Series B funding led by StepStone Group.

“Our veterinary practices focus on giving pet parents access to all the premium care they need to give their pets the best life...…

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Webio raises $4m in Series A funding

Ireland based conversation A.I. maker focused on financial services raised $4m in Series A funding led by Finch Capital.

“Going digital means companies can create a whole new set of digital experiences that help customers feel more confident in having those...…

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Pazcare raises $8.2m in Series A funding

Bangalore based employee benefits and insurtech platform raised $8.2m in Series A funding led by Jafco Asia.

“In India, we are on our own, either we buy insurance by ourselves or we are dependent on our employers to provide these benefits. We...…

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Upvest raises $42m in Series B funding

Berlin based BaaS provider for the investment industry raised $42m in Series B funding led by Bessemer Venture Partners.

“I would have said that in the last three years one of our main competitors would have been the big fintechs that are building things...…

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KEO World raises $20m in growth funding

Miami based B2B BNPL platform raised $20m in growth funding led by Montreux Growth Partners.

“KEO World has developed a highly innovative, B2B-focused approach to the Buy Now, Pay Later industry, and we’re very excited to support...…

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Mast Technologies raises £1.2m in new funding

London based mortgage origination platform raised £1.2 million in new funding led by Antler VC.

"Over the last 15 years we’ve seen dramatic innovation across the financial landscape, but mortgage lending technology has lagged behind...…

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Nume Crypto raises $2m in Pre Seed funding

San Francisco based crypto payments processing startup raised $2m in pre seed funding led by Sequoia Capital India.

"Nume's core offering is a payment protocol which has no lower bound on the cost of transactions. This enables disruptively low-cost...…

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Destaxa raises $3.1m in Seed funding

São Paulo based payments platform in Brazil raised $3.1m in Seed funding led by Quona Capital.

“Businesses with thin margins, like SME retailers, cannot afford to leave any money on the table with high payment processing fees, so...…

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Altrio raises C$8m in Series A funding

Toronto based provider of real estate investment software raised C$8m in Series A funding led by Whitecap Venture Partners.

In addition to the significant growth we have seen in our customer base, the ability to secure this investment in just three months at a...…

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NFTPort raises $26m in Series A funding

Estonian based NFT infrastructure for developers raised $26m in Series A funding led by Atomico and Taavet+Sten.

“We’re one of the biggest NFT infrastructure providers. You can think of us as the Stripe or AWS [Amazon Web Services] for NFTs,”

Cube raises $30m in Series B funding

New York based financial planning and analysis startup raised $30m in Series B funding led by Battery Ventures.

“We view Cube as a shield during times that are less stable, like now, where suddenly this world of limitless capital has been replaced...…

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Narmi raises $35m in Series B funding

New York based provider of technology to banks raised $35m in Series B funding led by Greycroft, NEA and Picus Capital.

“Put simply, Narmi’s technology is the entire customer facing platform of the financial institution. We are the most critical piece of...…

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PayCargo raises $130m in Series C funding

Florida based fintech for the freight industry raised $130m in Series C funding led by Blackstone Growth.

“I think today the opportunity is to provide the data in a digestible and synthesized manner, to take that and productize it for those...…

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Spendflo raises $4.4m in Seed funding

India based SaaS buying and tracking platform raised $4.4m in Seed funding led by Accel India and Together Fund.

“Pay-by-use SaaS tools have been a boon for companies worldwide. They’re all rapidly shifting toward vendors that offer these tools....…

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Clausematch raises $10.8m in new funding

London based regtech company raised $10.8m in new funding led by Lytical Ventures.

“We got pulled to the US market and saw a significant demand for our solution in the financial services sector. With this funding round...…

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Airbank raises $20m in Series A funding

London based finance management platform raised $20m in Series A funding led by Molten Ventures.

“We've been spending the last few months thinking about how the finance software stack will evolve and we're super excited about the...…

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Flip raises $55m in Series B funding

Indonesia based consumer payment platform raised $55m in Series B funding led by Tencent.

“We are laser-focused on helping millions of Indonesians, both individuals and businesses, execute various money transactions at a low...…

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Swoop raises £5.4 in Series A funding

London based SME financing firm raised £5.4m in Series A funding led by Velocity, Arab Bank Ventures, IAG and WeHo Ventures.

"Access to finance is the number one issue facing SMEs, but they have traditionally been an underserved customer segment. Finance is...…

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Molecule raises $13m in seed funding

Berlin based DAO platform for funding medical research projects raised $13m in seed funding led by Northpond Ventures.

"The broader vision is to create a DeSci ecosystem that won't just consist of DAOs funding research but also hopefully pharmaceutical...…

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Benny raises $1m in Pre-Seed funding

Wisconsin based lending employees cash for stock raised $1m in pre-seed funding led by Matchstick Ventures.

"Employers right now are looking for new ways to attract and retain talent, that's no secret. What we like about Benny is that it takes...…

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Cred raises $80m in Series F funding

Bengaluru based credit card payment platform raised $80m in Series F funding led by GIC.

Shah, one of India’s best-known new-age entrepreneurs and a prolific angel investor, is also ramping up Cred's commerce play by...…

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Klar raises $70m Series C funding

Mexico City based digital bank raised $70m in Series C funding led by General Atlantic.

“We’re starting to see the benefits of scale slowly starting to kick in,” Möller told TechCrunch in an interview. “We’ve not only been...…

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Cryptio raises $10m in Series A funding

Paris based crypto accounting and reporting platform raised $10m in Series A funding led by Point Nine. 

Antoine Scalia, Founder and CEO of Cryptio, said "the biggest challenge with crypto accounting on the institutional level is having...…

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Summer raises $13.4m in Seed funding

New York based financing startup for second homes raised $13.4m in Seed funding led by QED Investors and Lightspeed Venture Partners.

“We’re excited by the Summer team’s commitment to increasing access to home ownership,” said Frank Rotman, partner at QED Investors....…

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Skolem Technologies raises $20m in Series A funding

New York based DeFi asset management provider raised $20m in Series A funding led by Galaxy Digital.

“DeFi markets are constantly evolving, making it difficult for institutions to easily trade, record, and engage in the market in a secure...…

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Request Finance raises $5.5m in seed funding

Paris based crypto payments startup raises $5.5m in seed funding led by Balderton Capital and Animoca Brands

Bill.com helps customers pay hundreds of invoices in one click and that's what we do with Request Finance. You can pay 100 invoices in 50...…

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Finch raises $15m in Series A funding

San Francisco based maker of APIs for HR systems raised $15m in Series A funding led by Menlo Ventures  

As developers, we were looking for a Segment-, Plaid- or Stripe-like developer experience. We discovered that such an API infrastructure...…

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Entropy raises $25m in seed funding

New York based decentralized crypto custodian raised $25m in seed funding led by Andreessen

I’m approaching the problem so differently from a lot of other people … There are competitors who are just building wallets and just...…

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Nava Benefits raises $40m in Series B funding

New York based employee benefits brokerage raised $40m in Series B funding led by Thrive Capital

We’re at a sea change where benefits are changing a lot. The needs of the buyer have shifted a lot and Nava aims to play a pretty big...…

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Juni raises $100m in Series B funding

Sweden based e-commerce-focused neobank raised $100m in Series B funding led by Mubadala Capital.

"With this funding, we will help ecommerce businesses win by building the right insights, features and integrations while injecting...…

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Backbase raises €120m in growth funding

Amsterdam based maker of banking engagement software raised €120m in growth funding led by Motive Partners.

“There are a lot of point solutions out there. But we have built our tool on a larger vision. Initially it felt impossible but we knew it...…

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Vanta raises $100m in Series B funding

San Francisco based enterprise data security compliance startup raised $100m in Series B funding led by Craft Ventures.

Modern Treasury, a startup that makes money transfer tools, said Vanta’s compliance tools helped it win clients. “Vanta is a game...…

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Defacto raises €15m in Series A funding

Paris based B2B lending platform for SMEs raised €15m in Series A funding led by Northzone.

Since its launch in France, Defacto has developed partnerships with more than 15 major B2B marketplaces, FinTechs and e-commerce...…

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NymCard raises $22.5m in growth funding

MENA based banking as-a-service company raised $22.5m in growth funding led by DisruptAD.

"This is only the beginning of NymCard's journey and a sign that we are solving major pain points for FinTechs in this region. As we...…

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Trovata raises $27m in Series B funding

San Diego based cash management automation company raised $27m in Series B funding led by Fin Capital.

"Trovata is helping banks bridge the gap as a tech platform for their clients that goes beyond what the traditional online banking...…

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Fruitful raises $25m in Series A funding

New York based financial wellness company raised $25m in Series A funding led by Emigrant Bank.

“We’re working to build what we believe will be the first financial wellness membership platform.”

Delphia raises $60m Series A funding

New York City based algo-adviser raised $60 million in Series A funding led by Multicoin Capital.

“Data contributors are rarely rewarded for their contributions [...] Because they don’t have a right to the value created by the...…

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BUD raises $80m in Series B funding

London based open banking company raised $80m in Series B funding led by an affiliate of TDR Capital.

“We are hugely excited by the potential of Bud, not only in the ability of its platform to truly harness the opportunities from open...…

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Branch raises $150m in Series C funding

Ohio based insurtech company raised $150m in Series C funding led by Weatherford Capital.

“We have a price and a model that no one else can replicate at this stage. And so we’re trying to double down on it and get to scale...…

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Klasha raises $2.1m in Seed funding

Nigeria based cross-border commerce startup raised $2.1m in Seed funding led by AMEX Ventures.

“The biggest product development is this app allowing these consumers to shop from selected stores like Boohoo.com, pay using their...…

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Geode Finance raises $3m in Seed funding

London based liquid staking solution for DAOs raised $3m in Seed funding led by Multicoin Capital.

“Geode is building trustless white-label staking pools and derivatives products that provide granular control over delegation mechanics...…

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Datia raises $3.4m in Seed funding

Sweden based sustainability calculation fintech company raised $3.4m in Seed funding led by Nauta Capital.

“ESG can have a positive effect on the financial performance and reduce overall risk. Datia’s ability to help the investor with ESG data,...…

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Navigate raises $7.6m in Seed funding

Singapore based crypto rewards company raised $7.6m in Seed funding led by Distributed Global.

"While the goal of the Navigate Platform is to be the ultimate destination for contributing and sourcing several different types of...…

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Ledgible raises $20m in Series A funding

Atlanta based crypto tax and accounting company raised $20m in Series A led by EJF Capital.

“For any individuals, institutions, or enterprises that hold or deal with crypto assets, the ability to properly account for them and...…

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Euler raises $32m in new funding

UK based DeFi lending protocol raised $32m in new funding led by Haun Ventures.

"Euler takes a unique approach to addressing the risks associated with lending and borrowing crypto assets that stood out to us as...…

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Pintu raises $113m in Series B funding

Indonesia based crypto exchange raised $113m in Series B funding led by Intudo Ventures.

“We see that the market is more mature now compared to last year. Users are starting to make investment decisions based on the use-cases...…

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Kushki raises $100m in Series B funding

Ecuador based payments infrastructure company raised $100m in Series B funding led by Kaszek Ventures.

“The problem is so big in LatAm, that regardless of whether NASDAQ goes up or down, payments in Latin America will continue to trend up....…

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Indicina raises $3m in Seed funding

Lagos based credit underwriting company raised $3m in seed funding led by Target Global.

“We want lenders to be better informed about the decisions around credit so they can go to market faster with their digital product. So...…

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Ivella raises $3.5m in new funding

Santa Monica based couples banking platform raised $3.5m in new funding led by Anthemis.

“The place that a lot of people fall short, just like a lot of fintech falls short, is that they don’t break the mold of what banking...…

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New York Senate votes for bitcoin mining moratorium

The New York State Senate has passed a bill establishing a moratorium on cryptocurrency mining using carbon-based power sources.

The bill, which was passed by the state Assembly last month, now makes its way to Governor Kathy Hochul, who will either sign it into law...…

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Incognia raises $15.5m in Series A funding

Palo Alto based mobile fraud detection platform raised $15.5m in Series A funding led by Point72 Ventures.

“Identity assurance on mobile is of the utmost importance in protecting user accounts against increasing fraud. As mobile apps take over...…

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Foxen raises $44m in Series A funding

Ohio based property management fintech company raised $44m in Series A funding led by Summit Partners.

“As a property owner, I learned firsthand that requiring renters insurance is ineffective without the ability to manage compliance," said...…

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Dework raises $5m in Seed funding

Sweden based work platform for DAOs raised $5m in Seed funding led by Paradigm.

“Dework gives Web3 builders all the tools and talent necessary to help ambitious DAOs reach their full potential," Paradigm researcher...…

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Liminal raises $4.7m in Seed funding

Singapore based digital wallet startup raised $4.7m in Seed funding led by Elevation Capital.

“Rapid adoption of digital assets is going to be driven by multiple new-age crypto businesses and institutions," said Vaas Bhaskar,...…

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Tandym raises $10m in Seed funding

Chicago based private-label credit card company raised $10m in Seed funding led by Gradient Ventures. 

“Gradient also invested in our pre-seed round and they have been fantastic partners to work with. They are strategic, thoughtful and act...…

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Slice raises $50m in Series C funding

India based digital credit card provider raised $50m in Series C funding led by Tiger Global. 

“Slice is leading the way for innovation, customer experience, and growth in India’s rapidly developing payments market. We are delighted...…

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Cloudwall Capital raises $6.3m in Seed funding

New York based digital asset risk management company raised $6.3m in Seed funding led by LocalGlobe and Illuminate Financial.

Jia Yng Wee, co-founder and COO at Cloudwall Capital, said: “It’s becoming clearer to institutional investors that they should invest in...…

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InfStones raises $66m in Series C funding

Palo Alto based web3 infrastructure startup raised $66m in Series C funding led by SoftBank and GGV Capital.

“The funding will help us with product development consistent with our product strategy and road map, move into new markets, expand our...…

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Acrisure raises $725m in Series B-2 funding

Michigan based insurance broker raised $725m in Series B-2 funding led by ADIA. 

“We are thrilled to partner with ADIA and OHA, premier, globally recognized investment institutions, and continue our work with...…

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Merge raises $9.5m in Seed funding

London based crypto payments company raised $9.5m in Seed funding led by Octopus Ventures.

“As the crypto economy moves further into the mainstream, it’s increasingly clear that the current financial infrastructure isn’t fit to...…

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HitPay raises $15.8m in Series A funding

Singapore based SME payments and software maker raised $15.8m in Series A funding led by Tiger Global.

“SMEs have very specific requirements, so we wanted to build a one-stop no-code platform,” said Haripurkar. “That entails all our...…

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Kroo raises £26m in Series B funding

London based neobank raised £26m in Series B funding from an undisclosed group of investors. 

"The money raised will go a long way in supporting the launch to market of our current account, the development of our lending...…

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Kapaga raises £1.5m in Seed funding

London based cross-border payments startup raised £1.5m in Seed funding led by Target Global. 

Kapaga CEO Katya Dorofejeva said: “Our value lies in our ability to remove hurdles when it comes to opening business bank accounts and...…

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