News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Dbank raises $17.6m in Seed funding

Pakistan based consumer fintech startup raised $17.6m in Seed funding led by Sequoia Capital Southeast Asia and Kleiner Perkins.

Johan Surani, VP at Sequoia Southeast Asia, said in a statement that Dbank will attempt to “democratize banking,” however the startup...…

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Quasar Finance raises $6m in Seed funding

Spain based digital asset management startup raised $6m in Seed funding led by Polychain Capital and Blockchain Capital.

Quasar CEO and co-founder Valentin Pletnev aims to make digital assets “simple, accessible and secure, while utilizing the Cosmos...…

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Center raises $11m in Seed funding

Palo Alto based NFT indexing company raised $11m in Seed funding led by Thrive and Founders Fund. 

“It's sort of like indexing the web, but instead of web pages, we're organizing all permissionless digital property rights,” the company...…

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Latchel raises $16.7m in Series A funding

Seattle based rental maintenance request proptech company raised $16.7m in Series A funding led by F-Prime Capital. 

The funders: F-Prime Capital led the round, with participation from RiverPark Ventures. Existing investors include MetaProp, Bain Capital...…

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Genesis Global raises $20m in new funding

Miami based low-code fintech app development platform raised $20m in new funding from Bank of America, BNY Mellon and Citi.

“Our clients and environment demand more innovation and productivity in terms of IT output,” said David Trepanier, Head of Structured...…

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Nada raises $8.1m in Seed funding

Dallas based real estate fintech startup raised $8.1m in Seed funding led by LiveOak Venture Partners.

“Homeowners cannot access home equity without being burdened with more debt and individual investors lack access to real estate...…

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Reserv raises $8m in Seed funding

New York based P&C claims software provider raised $8m in Seed funding led by Altai Ventures and Bain Capital Ventures.

Led by CEO CJ Przybyl, Reserv is a digital-native third party administrator (TPA) that also develops and sells software to power claims...…

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Atato raises $6m in Series A funding

Singapore based digital asset custodian raised $6m in Series A funding led by AlphaLab Capital and FEBE Ventures.

"The fact that we've inspired investor confidence in the current market conditions is a clear endorsement of Atato's long-term roadmap...…

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Guava raises $2.4m in pre-Seed funding

New York based banking and networking platform targeting Black entrepreneurs raised $2.4m in pre-Seed funding led by Heron Rock.

“Black folks had to be entrepreneurs, we had to build businesses to support our families, but because of racism, we were excluded from so...…

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Helu.io raises $10m in Series A funding

Vienna based financial reporting platform for SMBs raised $10m in Series A funding led by CommerzVentures.

“Financial reporting and controlling is still an enormously manual process in all medium-sized companies worldwide. We want to automate...…

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Revolv3 raises $4.5m in Seed funding

Laguna Beach based recurring payments startup raised $4.5m in Seed funding led by Rosecliff Ventures. 

The company intends to use the funds to further building out the platform for advanced features and increasing the scope of the product...…

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Coinfeeds raises $2m in Seed funding

San Francisco based social media monitoring tool for web3 and NFT projects raised $2m in Seed funding led by FTX Ventures.

Moyi Dang, CEO & Co-Founder of Coinfeeds, commented on the news, "Coinfeeds was developed around the idea that web3 communities are...…

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Topl raises $15m in Series A funding

Houston based blockchain infrastructure firm raised $15m in Series A funding led by Mercury, Republic Asia and Cryptology Asset Group.

“There are new markets, markets with not a lot of trust and markets that have hugely diverse actors,” Georgen said.

PunchListUSA raises $39m in new funding

Charleston based home inspection data platform raised $39m in new funding led by Sweetwater Private Equity and Morpheus Ventures.

"We are building our team and technology to break down barriers. Our singular mission is to make homeownership more accessible and...…

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Bunch raises €7.3m in Seed funding

German private investing backend management software startup raised a €7.3m in Seed funding led by Cherry Ventures.

Bunch Co-founder Levent Altunel says: “Investors have been waiting for a solution like this that takes away all the admin work of...…

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DSCVR raises $9m in Seed funding

Los Angeles based web3 social network raised $9m in Seed funding led by Polychain Capital.

"We initially created DSCVR as our personal experiment to see if it would even be possible to build a modern social web application on a...…

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Pogo raises $14.8m in Seed funding

New York based consumer financial app raised $14.8m in Seed funding led by Buckley Ventures. 

Led by Dom Wong, Co-Founder & CEO, Pogo provides an app creating a fun and simple way for people to interact with their data to improve...…

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Balance raises $56m in Series B funding

New York and Tel Aviv based B2B marketplace and e-commerce payments company raised $56m in Series B funding led by Forerunner.

“The only element that keeps many merchants offline is payments,” he told TechCrunch. “It’s a process that is stuck in the flow of those...…

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Shares raises $40m in Series B funding

London based social and community-based investing app raised $40m in Series B funding led by Valar Ventures.

The company -- which was founded in 2021 and launched in the UK two months ago -- said it has more than 150,000 users who access the app...…

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TomoCredit raises $22m in Series B funding

San Francisco based alternative credit card provider raised $22m in Series B funding led by Morgan Stanley’s Next Level Fund.

“Our customers are not in financial trouble…Once you identify them, and give them a card, they spend a lot and don’t default. Our...…

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Optic raises $11m in Seed funding

San Francisco based NFT authentication company raised $11m in seed funding led by Kleiner Perkins and Pantera Capital.

"Optic goes beyond other services that we have evaluated in terms of response and matching accuracy, and this is one of the many factors...…

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XLD Finance raises $13m in Pre-Series A funding

Philippines based DeFi services firm raised $13m in pre-Series A funding led by Dragonfly Capital and Infinity Ventures Crypto.

“The way we do it is they basically initiate the transaction on chain and send us the [for example] SLP. But across the markets that we...…

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Mahalo Banking raises $20m in new funding

Michigan based online and mobile banking solution provider for credit unions raised $20m in new funding led by Superior Credit Union.

“We were early adopters of Mahalo Banking and after implementation our members let us know that the solution not only met their needs but...…

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Gordian Software raises $25m in Series A funding

Seattle based API-driven travel booking software provider raised $25m in Series A funding led by Accomplice and Vinyl.

“The result is lost revenue for airlines and their partners and an unsatisfactory and overly complicated experience for travelers who...…

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Last continent standing: with +125% YoY quarterly growth, Africa is the only continent not to record a significant YoY contraction this quarter

In Q2 ‘22, startups in Africa have raised 2.25x times the amount that they had raised a year before ($1.3bn+ vs.

“If we didn’t know the global context, and just looked at the numbers, no one right now would be talking about a slowdown in tech funding...…

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Meow raises $22m in Series A funding

New York City based crypto yield offering for corporate treasuries raised $22m in Series A funding led by Tiger Global.

“With the rise in globalization and the increasing use of web3 infrastructure, businesses are increasingly facing the need to transact in...…

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Hero raises €12.4m in Seed funding

France based B2B payments startup raised €12.4m in Seed funding from Paua Ventures, Embedded/Capital and Rapyd Ventures.

Georg Stockinger, Managing Partner of Paua Ventures, continues: “Hero stands out from others in the space because it makes payments in...…

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Hang raises $16m in Series A funding

Santa Monica based NFT-powered membership and loyalty rewards platform raised $16m in Series A funding led by Paradigm.

“It is easier than ever to create a brand today, which has led to so much competition in the fashion and greater apparel world, with...…

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Stake raises $12m in Series A funding

New York based cash-back-for-renters platform raised $12m in Series A funding led by RET Ventures.

“For the first 18 months of Stake we were testing different solutions in New York. I showed hundreds of apartments as a broker, running...…

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Here raises $5m in Seed funding

New York based fractional investment platform for real estate raised $5m in Seed funding led by Fiat Ventures.

“Vacation rentals are an investment opportunity that historically has only been available to the wealthy. Here has created a seamless and...…

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Pulley raises $40m in Series B funding

San Francisco based equity management software company raised $40m in Series B funding led by Founders Fund.

“Equity is something that we’re continuing to increasingly to see,” Wu told TechCrunch. “For us, it’s not so much how we take market...…

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SmartBank raises $20m in Series A funding

Japan based prepaid card startup raised $20m in Series A funding led by Globis Capital Partners.

Unlike other countries, traditional banks in Japan don’t offer joint accounts. However, we do not operate under a banking license and...…

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Uprise raises $1.4m in pre-seed funding

SF based  financial planning app raised $1.4m in pre-seed funding from Contrary Capital, Hustle Fund, and others.

One of the coolest things is we’ve been able to find $1.5 million per plan to add to each customer’s lifetime net worth. Basically,...…

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Fuell raises €1.5m in seed funding

Spain based corporate card and expense management startup raised €1.5m in seed funding led by Y Combinator and Fin Capital.

We have grown quietly, without investing in marketing, supported by the recommendations of our customers. Now we are going to step on the...…

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Animoca Brands raises $75.32m in growth funding

Hong Kong-based blockchain gaming company raised $75.32m in growth funding from Liberty City Ventures, Kingsway Capital, and others.

Over the next decade, humanity will discover and embrace the game changing power that blockchain based digital ownership of assets will...…

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Quiltt raised $4m in new funding

Dallas-based embedded finance company focused on small businesses raised $4m led by Greycroft and Newark Venture Partners.

Change raises $5m in seed funding

Dublin based maker of APIs for processing crypto donations raised $5m in seed funding led by Freestyle and NEA.

For us, it’s all about making it simple. We don’t want people to have to copy and paste really long addresses. [With Change,] they are...…

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Asset Class raises $11.6m in Series A funding

NY based provider of private capital investment management software raised $11.6m in Series A funding led by Canapi Ventures.

As we’ve grown, we like to say that the venture capital, private equity and commercial lending firms we work with come for the technology...…

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Kadmos raises €29m in Series A funding

Berlin based platform for international salary payments raised €29m in Series A funding led by Blossom Capital.  

We want to make the payment process easier for companies, and at the same time make the process of receiving and spending that money...…

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Deuna raises $30m in Series A funding

Mexico based one-click checkout startup raised $30m in Series A funding led by Activant Capital.

People were looking for help digitizing their businesses, and as we started looking into this, realized that brands needed help selling...…

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Adaptive raises $6.5m in seed funding

New York based spend management and back-office platform for construction teams raised $6.5m in seed funding led by Andreessen Horowitz.

“I would say that the primary difference between the status quo process and what we’re working on is that we’re taking a very focused...…

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Ranger raises $5.25m in Seed funding

New York based provider of tools for insurance brokers raised $5.25m in Seed funding led by Lerer Hippeau Ventures.

“The messaging in the market has predominantly been focused on commoditizing insurance products, focused on the consumer spending as...…

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Ondo Finance raises $10m in funding via public token sale

New York based DeFi startup that provides structured investment products raised $10m in funding via public token sale. 

"Like a traditional investment bank, Ondo aims to be a hub matching those who have capital with those who need it through the creation of...…

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Orus raises €5m in Seed funding

Paris based insurance startup raised €5m in Seed funding funding from investors including Frst, Partech and Portage Ventures.

Founded in 2021 by Côme Dartiguenave, Tom Le Bras, and Samuel Rossille, Orus aims to solve the complexity of professional insurance for...…

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YuLife raises $120m in Series C funding

London based life insurance startup focused on wellness raised $120m in Series C funding led by Japan’s Dai-ichi Life Insurance Co.

“YuLife has immense potential to build on its achievements to date, and we are thrilled to invest and help propel YuLife toward its next...…

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Finli raises $6m in Seed funding

Los Angeles based mobile payments startup raised $6m in seed funding led by Urban Innovation Fund.

“We’re able to do so much with very little and finally, with this capital, we’re able to do so much more. There’s a lot of ideas that we...…

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Federal Reserve delays ISO 20022 cutover by two years

The Federal Reserve is to delay the implementation of the new ISO 20022 payment messaging format by two years to 2025.

The Fed says the revised timeline is in response to bank concerns that it was prioritising the introduction of the new messaging format...…

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