News by FinTech Collective

News by FinTech Collective

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News by FinTech Collective Archive

Stake raises $8m in Series A funding

Dubai based platform for buying fractions of rental properties raised $8m in Series A funding led by BY Ventures.

“Our platform currently boasts 42,000 registered users and more than 2,100 active investors on the platform. While we have users from...…

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Pezesha raises $6m in Series A funding

Kenya based SME embedded finance platform raised $6m in Series A equity led by Women’s World Banking.

“The opportunity and impact in solving working capital problems for SMEs is huge. [We are] solving the root cause, which is information...…

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Propseller raises $12m in Series A funding

Singapore based real estate transaction platform raised $12m in Series A funding led by Vertex Ventures.

“We are very likely the only company in Singapore to tell you what is the expected conversion rate of buyer leads coming from...…

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Bitlevex raises $50m in new funding

Estonia based crypto options trading platform raised $50m in new funding led by Gem Digital Limited.

“Bear markets always refresh the industry by eliminating scams and greed. Smart investors know how to make money on both bear and bull...…

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EarlySalary raises $110m in new funding

India based digital lending company raised $110m in new funding led by TPG's Rise Fund and Norwest Venture Partners.

“Digital lending is emerging as one of the fastest growing fintech segments in India and we believe that EarlySalary is well positioned...…

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Anchor raises $1m in pre-Seed funding

Nigeria based banking-as-a-service platform raised $1m in pre-Seed funding led by Byld Ventures.

We strongly believe that the way is not just by latching banking-as-a-service on a payments platform, but there has to be proper banking...…

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Grey raises $2m in Seed funding

Nigeria based international bank account provider for African freelancers raised $2m in Seed funding led by YC.

“Grey was founded to empower people to live a location-independent lifestyle. “I believe that the least of your worries as a freelancer,...…

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Lightnet Group raises $50m in Series B funding

Singapore based blockchain cross-border payments company raised $50m in Series B funding led by LDA Capital.

Singapore-based Lightnet said it will use the funds to boost Web3 and cross-border payments through the Velo protocol and expand the...…

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Distributed Finance raises $2.5m in Seed funding

London based NFT and DAO infrastructure firm raised $2.5m Seed funding led by Borderless Capital.

"Distributed Finance emerged from stealth this morning, announcing a $2.5 million seed round and the acquisition of Algorand NFT...…

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Hello Clever raises A$4.5m in Seed funding

Australia based buy-to-earn startup raised A$4.5m in Seed funding led by Vectr Fintech Partners.

Lead investor Mark Munoz says: "We forecast Hello Clever being able to grow into Southeast Asia through Philippines, Indonesia, and...…

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Mainnet Merge Announcement

From the ETH Foundation Blog: Following years of hard work, Ethereum’s proof-of-stake upgrade is finally here! The successful upgrade of...

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Spectral raises $23m in growth funding

New York based web3 startup focused on credit risk assessment raised $23m in growth funding led by General Catalyst and Social Capital.

“We tried to address some of the gaps in DeFi and realized there wasn’t just a gap in risk infrastructure and credit risk, it was just...…

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Mahaana raises $2m in growth funding

Pakistan based wealth management startup raised $2m in growth funding led by Vostok Emerging Finance.

"More than 50% of the population is indebted, spending 30% of monthly income on repaying debts," said Tariq, founder and CEO of Mahaana.

Complete raises $4m in Seed funding

San Jose based compensation and benefits strategy startup raised $4m in Seed funding led by Accel.

"In today’s job market, where layoffs and hiring freezes abound, getting compensation strategy right is even more important. Complete...…

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Wombat raises £4m in Series A funding

United Kingdom based micro-investing startup raised a £4m in Series A funding led by Fuel Ventures. 

“Against a hugely challenging macroeconomic backdrop, we felt it was appropriate to seek funding with a fair valuation and we feel our...…

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Deposits raises $5m in growth funding

Dallas based startup focused on digital banking tools for credit unions raised $5m in growth funding led by ATX Venture Partners.

"The first wave of embedded fintech platforms demonstrated demand but required deep technical expertise and suffered delayed rollouts....…

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Highline Technologies raises $13m in Series A funding

Dallas based payroll lending startup raised $13m in Series A funding led by Jump Capital, Costanoa Ventures and Foundation Capital. 

“It has been many years, decades arguably, since U.S. consumer lending has seen an innovation of this magnitude. Through Highline’s...…

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FOMO Pay raises $13m in Series A funding

Singapore based payments company raised $13m in Series A funding led by Jump Crypto.

“This is a milestone year for us as we turn eight years old. We will continue to strive hard towards building Asia’s first licensed...…

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Zywa raises $3m in seed funding

Dubai based neobank for Gen Z users raised $3m in seed funding led by Goodwater Capital.

“Gen Zs in the UAE spend about AED 5B+ every year, and still rely on cash or their parents’ cards despite having options like...…

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Tamara raises $100m in Series B funding

Saudi Arabia based BNPL startup raised $100m in a Series B funding led by Sanabil Investments.

“Tamara has emerged as the payment method of choice for millions of consumers across the region. As the leading payments provider in...…

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Omnibiz raises $5m in growth equity

Lagos based B2B e-commerce platform raised $5m in growth equity led by Timon Capital.

“We have expanded in terms of the number of retailers,” Rustagi told TechCrunch about the company’s growth since its seed raise. “We’ve...…

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BlueTape raises $5m in Seed funding

San Francisco based payments and financing construction startup raised $50m in Seed funding led by Chicago Ventures.

"We are excited to partner with BlueTape to provide affordable financing on demand for this industry. With the current economic...…

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Tessera raises $20m in Series A funding

New York based NFT trading platform raised $20m in Series A funding led by Paradigm.

“What we really want to do is find unique and interesting ways to empower people online—and particularly on the blockchain—to...…

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Rebill raises $3.6m in Seed funding

Argentina based payments and subscription management startup raised $3.6m in Seed funding led by Tiger Global.

“Our goal is to position our company as the leading payment orchestrator in Latin America. We plan to double our team by next year and...…

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Highbeam raises $7m in Seed funding

New York based neobank focused on small e-commerce brands raised $7m in Seed funding led by FirstMark and Mayfield.

“We are the financial partner to help e-commerce brands scale. Banks need to help with cash management as a company scales, but they also...…

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Agora raises $20m in Series A funding

New York based real estate investment management platform raised $20m in Series A funding led by Insight Partners.

"We use automation to help real estate firms function more professionally while building trust and credibility with their investors....…

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Jar raises $22.6m in Series B funding

India based micro saving app raised $22.6m in Series B funding led by Tiger Global. 

“By starting with digital gold, a well-understood and well-loved asset class in India, Jar’s savings app has quickly gained trust and...…

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Closinglock raises $4m in Seed funding

Austin based real estate transaction platform raised $4m in Seed funding led by LiveOak Venture Partners.

“The top concern amongst real estate title and escrow companies remains wire fraud as a single wire fraud incident can bankrupt entire...…

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Ledgebrook raises $4.2m in Seed funding

Boston based insurtech raised $4.2m in Seed funding led by Brand Foundry Ventures.

“The E&S markets are ripe for disruption as brokers and customers aren’t well served by the slow, unsophisticated quoting processes of...…

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QuotaBook raises $11m in Series A funding

Seoul based equity management platform raised $11m in Series A funding led by Elefund. 

“I had a case where the startup didn’t provide their most up-to-date cap table Excel sheet for more than two months, which made it hard...…

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Pomelo raises $20m in Seed funding

San Francisco based international money transfer company raised $20m in Seed funding led by Founders Fund and A* Capital. 

“If you do have a credit score and you have enough credit history, you would get up to $1,000 a month. But if you don’t have credit or...…

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Super Payments raises £22.5m in new funding

UK based fintech company founded by Funding Circle's founder raised £22.5m in new funding led by Accel.

“We believe that the simple Super app can save shoppers and businesses billions a year. At a time of high inflation and increases in the...…

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BankiFi raises $4.8m in new funding

UK based provider of embedded banking solutions for small and medium businesses raised $4.8m in new funding led by Praetura Ventures.

“BankiFi has proven to be an industry-leading open cash management provider in Europe, Australia, New Zealand and other countries."

Arc raises $20m in Series A funding

San Francisco based SaaS startup focused bank raised $20m in Series A funding led by Left Lane.

“The reality is that the market is currently dominated by the legacy offline banks who have entrenched relationships in the startup...…

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Pastel raises $5.5m in Seed funding

Nigeria based bookkeeping startup raised $5.5m in Seed funding led by TLcom Capital. 

“The way we’ve thought about it is, as opposed to creating a super app that a lot of other fintechs have or are in pursuit of, we are...…

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Penfold raises $8.5m in Series A funding

UK based digital pensions platform raised $8.5m in Series A funding led by Bridford Group.

“The pensions industry represents a huge market — with £8 trillion in savings in the U.K. alone. Despite this, many people remain...…

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Central Payments raises $30m in new funding

San Diego based fintech solutions provider raised $30m in new funding led by Castle Creek Capital.

“Central Payments grew from a vision of expanding CBKC’s reach among low and moderate income consumers through products like payroll...…

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Klavi raises $15m in Series A funding

Brazil based open finance API and data aggregation company raised $15m in Series A funding led by GSR Ventures. 

"With its classification operations of over 90% accuracy, the platform has already processed over 450 million transactions and made more...…

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Merkle Science raises $19m in Series A funding

New York based blockchain analytics company raised $19m in Series A funding led by BECO Capital.

"Merkle Science's cutting-edge solutions provide unmatched security, ease of use, and transparency and give compliance officers and...…

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Jito Labs raises $10m in Series A funding

Arlington based Solana infrastructure startup raised $10m in Series A funding led by Multicoin Capital.

“Jito Labs is one of the most important companies in the Solana ecosystem. They are building critical infrastructure that improves...…

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Properly raises C$36m in new funding

Canada based real estate brokerage tech startup raised C$36m in new funding led by Parker89.

“Our approach of grounding our products, services and technology in what will improve Canadians’ real estate experience has led to...…

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Marble raises $2m in new funding

Seattle based rental management software startup raised $2m in new funding led by 1984 Ventures.

“We realized there’s this paradox in this industry,” Li said about the startup’s business model. “The nicer houses, which usually fetch...…

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Ansible Labs raises $7m in Seed funding

San Francisco based blockchain payments startup raised $7m in a Seed funding led by Archetype.

”We see off-ramp as a key primitive that will enable Web3 businesses, creators, artists, DAO contributors and developers to more...…

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Ageras raises €35m in growth funding

Denmark based accountant marketplace raised €35m in growth funding led by CIBC Innovation Banking.

“CIBC Innovation Banking’s investment will help us focus on the mission: acquiring companies whose tech can fit into—and enrich—Ageras’...…

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Farther raises $15m in Series A funding

New York based wealth management startup raised $15m in Series A funding led by Bessemer Venture Partners.

“The growth we have experienced in the last two quarters, including quadrupling our assets under management, and closing on this...…

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Finix raises $30m in new funding

San Francisco based embedded finance startup raised $30m in new funding led by The General Partnership.

“The next generation of fintech is all about businesses embedding financial services when and where their customers need them most. Finix...…

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TeamApt raises over $50m in new funding

Nigeria based operator of a business payments and banking platform raised over $50m in new funding led by QED.

“Tosin and his team have steadily built an impressive payment and distribution network across Nigeria over the past five years. Their...…

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RISC Zero raises $12m in Seed funding

Seattle based zero-knowledge proof crypto startup raised a $12m Seed funding led by Bain Capital Crypto.

"Zero-knowledge proofs are integral to many important blockchain privacy and scalability efforts," Bain Capital Crypto partner Alex Evans...…

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Pinata raises $18m in Series A funding

Nebraska based decentralized media management system for NFTs raised $18m in Series A funding led by Greylock.

“While today’s NFT activity might focus around static jpeg files, we believe this is just the tip of the iceberg for this technology and...…

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Injective raises $40m in new funding

New York based layer-1 blockchain focused on DeFi and finance applications raised $40m in new funding led by Jump Crypto.

“This is a fundamental piece of innovation and a fundamental paradigm shift that no one wants to be excluded from or too late on...…

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Truework raises $50m in Series C funding

San Francisco based income verification startup raised $50m in Series C funding led by G Squared.

“While 2022 has seen some slowdowns to the pace of demand, the need for automated income and employment verifications is ever increasing....…

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Boulevard raises $70m in Series C funding

Los Angeles based salon focused booking and payments company raised $70m in Series C funding led by Point72 Private Investments.

“Not only has Boulevard designed an elegant and visionary platform that fills a pressing need in a fast-growing industry, but they’ve...…

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Dana raises $250m in growth funding

Indonesia based digital wallet provider raised $250m in growth funding led by Sinar Mas.

“We are going to keep investing in our technology, which has been our greatest strength and one of the biggest drivers of our growth and...…

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Appital raises £1.7m in new funding

London based equity capital marketplace raised £1.7m in new funding led by Frontline Ventures.

“We are very happy to extend our funding to Appital ahead of its launch. Appital has a proven track record in securing partnerships with...…

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Fair.xyz raises $4.5m in Seed funding

London based NFT minting platform raised $4.5m in Seed funding led by Eden Block.

"There's loads of no-code solutions out there that help but with only creating one- or two-piece collections," said Bentata Chocron in an...…

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Modern Life raises $15m in Seed funding

New York City based life insurance brokerage for advisors raised $15m in Seed funding led by Thrive Capital.

“We firmly believe in Modern Life’s mission and its potential to significantly impact advisors nationwide along with their millions of...…

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Dezerv raises $21m in Series A funding

India based wealth management startup raised $21m in Series A funding led by Accel.

“The need for better investment outcomes has never been felt as acutely as in the current volatile environment. The overwhelming response...…

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Penfold raises £7m in Series A funding

U.K. based digital pensions provider raised £7m in Series A funding led by Bridford Group.

“What sets us apart from other modern providers or digital pension providers is that we serve both markets, because ultimately we know...…

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Old Street Digital raises £2.8m in Seed funding

London based crypto-based institutional asset manager raised £2.8m in Seed funding led by Draper Associates.

"There is enormous opportunity for institutional investors in digital assets but they need a credible product offering from experienced...…

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Forage raises $22m in Series A funding

San Francisco based payments processor for grocers to accept SNAP EBT online raised $22m in Series A funding led by Nyca Partners.

“This capital will help accelerate Forage’s mission to democratize access to government benefits. We’re proud of the technology we’ve...…

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Mudafy raises $10m in Series A funding

Mexico City based real estate broker focused on Latin America raised $10m in Series A funding led by Founders Fund.

“This is the beginning of a larger push into fintech and at the same time it improves access to better properties for customers,” said...…

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Galoy raises $4m in Seed funding

California based bitcoin-native banking software startup raised $4m in Seed funding led by Hivemind Ventures.

“Galoy dramatically lowers the barrier for any community or organization to become their own bank and plug into the world’s first open...…

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Twid raises $12m in Series A funding

India based rewards points-based payment solutions start-up raised $12m in Series A funding led by Rakuten Capital.

“Twid is on a mission to revolutionize how rewards are viewed, understood, and used across platforms by creating a completely new...…

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ZayZoon raises $12.5m in new funding

Calgary based earned wage access startup raised $12.5m in growth funding led by Carpe Diem Investments and Alpenglow Capital.

“Saving every penny I made, at the age of 16, I provided mortgage financing to a family friend in return for interest payments,” Hackert...…

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Kurtosis raises $20m in Series A funding

Houston based provider of crypto developer tools raised $20m in Series A funding led by Coatue.

“We needed to raise capital because the company started as just me and my co-founder and the more we learned about the problems people...…

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B9 raises $2.6m in Seed funding

San Francisco based provider of payroll advances to the underbanked raised $2.6m in Seed funding led by Sky Light Invest.

Of note: While the company originally targeted gig workers and the immigrant community, it's made inroads with a broader demographic of...…

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Kompliant raises $14m in Seed funding

Idaho based ai-driven risk scoring platform raised $14m in Seed funding led by Level One Fund.

“The pandemic was a huge tailwind for Kompliant, as it accelerated the adoption of electronic payments, online banking, and the use of...…

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Debt DAO raises $3.5m in Seed funding

Decentralized crypto credit protocol raised a $3.5m in Seed funding led by Dragonfly Capital.

"Right now, debt is one of the big missing pieces from the DeFi universes, and Debt DAO is one of the strongest teams in this space...…

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MakersHub raises $4.5m in Seed funding

San Francisco based digital transaction and financing solution for manufacturing raised $4.5m in Seed funding led by TTV Capital.

Of note: MakersHub was founded by Ngo, who led operations at advanced manufacturer General Plasma and felt these pain-points firsthand,...…

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Raincoat raises $4.5m in Seed funding

Puerto Rico based provider of white-labeled disaster insurance software raised $4.5m in Seed funding led by Anthemis.

“While fully-automated insurance holds the key to insuring the most vulnerable against ever-more frequent climate disasters, the...…

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Lami raises $3.7m in Seed funding

Kenya based digital insurer raised $3.7m in Seed funding led by Harlem Capital.

“On the technology side we want to cater to the entire insurance ecosystem. So, it’s not only the digital platforms that want to sell...…

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PayIt raises $90m in growth funding

Kansas City based constituent engagement platform for governments raised $90m in growth funding led by Macquarie Capital Principal Finance.

PayIt is at the forefront of Citizen-Centric Governance. Their technology delivers much needed services more cheaply, quickly and with...…

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Infima raises $5m in Seed funding

San Mateo based mortgage-backed security prepayment prediction engine raised $5m in Seed funding led by Radical Ventures.

• Infima, a mortgage-backed security prepayment prediction engine, raised $5m in seed funding. Radical Ventures led and was joined by...…

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Geopagos raises $35m in growth funding

Argentina based payments infrastructure startup raised $35m in growth funding led by Riverwood Capital.

In this environment, merchants can now significantly increase their ability to accept payments, since system costs are lowered and they...…

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Mosey raises $18m in Series A funding

San Francisco based payroll compliance platform raised $18m in Series A funding led by Canaan Partners.

Decoupling where we work from where we live is one of the most important problems to solve for the future of work. It has enormous...…

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Kontempo raises $6.5m in new funding

Mexico City based BNPL startup focused on B2B raised $6.5m in new funding led by Portage.

Most companies selling to small- and medium-sized businesses need to offer point of sale financing, or ‘net terms,’ to be competitive....…

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Parafin raises $60m in Series B funding

California based SMB growth capital platform raised $60m in Series B funding led by GIC.

Most platforms fail to recognize both how much untapped demand their Sellers have for capital and how hard it is to build these financial...…

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MarqVision raises $20m in Series A funding

Los Angeles based NFT counterfeit detection startup raised $20m in Series A funding led by DST Global Partners.

With this new round of funding, we can accelerate our mission of building the world’s first IP operating system to give brand owners full...…

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Ben raises $16m in Series A funding

London based employee benefits platform raised $16m in Series A funding led by Atomico.

What was once a huge burden for HR teams to compile and manage is now collated and presented through the Ben platform.

CEOs Ditch Kinder Approach as Economy Shows Signs of Chilling

As the outlook worsens, corporate chiefs are bringing back blunt demands, performance reviews and the swag police. The WSJ explores

The CEO of Google’s parent company told staff last month to work with “greater urgency, sharper focus, and more hunger than we’ve shown...…

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