News by FinTech Collective

News by FinTech Collective

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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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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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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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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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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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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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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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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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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Tornado Cash Crackdown Shows Limits of Regulating Cryptocurrency Services

Decentralization leaves authorities without target for enforcement; ‘difficult, if not impossible, to shut down’

The Treasury Department on Monday imposed sanctions against Tornado Cash, a popular cryptocurrency platform known as a mixer because it...…

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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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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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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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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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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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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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