News by FinTech Collective

News by FinTech Collective

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News by FinTech Collective Archive

Climate Club raises $6.5m in Seed funding

New York based provider of employer-focused sustainability software raised $6.5m in Seed funding led by XYZ VC and Vestigo Ventures.

"Climate Club provides a platform that operationalizes measurable carbon reduction through distributed setting, training, playbooks with...…

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Toqio raises €18.7m in Series A funding

London based fintech white label SaaS raised €18.7m in Series A funding led by AlbionVC.

“The digitization of finance is only just beginning and Toqio has a massive market to go after.”

Songfinch raises $17m in Series A funding

Chicago based musician monetization startup raised $17m in Series A funding led by Valor Siren Ventures.

"The startup is pitching itself as an alternative income stream for artists who may be making music in their spare time, or who want to...…

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Ripe raises $2m in Seed funding

Sweden based B2B sales leads startup raised $2m in Seed funding co-led by Earlybird VC and Alliance Ventures.

“We saw that there was something very strange happening with data being stuck in the product and not served throughout the whole...…

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Solvo raises $3.5m in Seed funding

London based mobile crypto investment app raised $3.5m in Seed funding led by Index Ventures. 

“Investing with Solvo will be simple, easy and understandable – three words not associated with crypto. Solvo is meeting a clear need for...…

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Minteo raises $4.3m in Seed funding

Latin American based NFT marketplace raised $4.3m in Seed funding led by Fabric Ventures. 

“On OpenSea there’s a bunch of categories, it’s hard to navigate and unless you’re in the top collection it’s hard to reach an audience...…

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Nova Credit raises $10m in new funding

U.S. based startup focused on immigrant credit history raised $10m in new funding led by HSBC.

“Despite considerable globalization, our financial world remains far from borderless. This historic partnership with HSBC will bring the...…

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Re raises $14m in Seed funding

SF based decentralized reinsurance protocol raised $14m in Seed funding led by Tribe Capital. 

“We were underwriting profitably, we distributed through 5000 independent agencies, but ultimately decided to wind the business down and...…

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Pigment raises $65m in Series B+ funding

France based business planning and forecasting platform raised $65m in Series B+ funding led by IVP and Meritech Capital. 

"Pigment currently has around 170 employees. Annual recurring revenue is growing nicely (5x in 6 months) and the company now has 100...…

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Krypton raises $7m in Seed funding

SF based decentralized exchange raised $7m in Seed funding round led by Framework Ventures.

"We see Krypton as a platform for an entirely new format of crypto trading that could reach new institutional and retail user demographics."

Numida raises $12.3m in Seed funding

Uganda based MSME lending firm raised $12.3m in Seed funding led by Serena Ventures.

“I’m most excited about continuing to build and provide financial products for these micro and small business owners who have been...…

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Regate raises €20m in Series A funding

Paris based SaaS finance automation platform raised €20m in Series A funding led by Valar Ventures.

"Companies usually have to use several fintech and accounting tools for their day-to-day activities. They often have an accounting tool,...…

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OneKey raises $20m in Series A funding

Hong Kong based crypto hardware wallet maker raised $20m in Series A funding led by Dragonfly and Ribbit Capital.

"OneKey is, to date, the only hardware wallet in the world that is 100% open source and uses a certified secure chip,"

Bridge Money raises $5.8m in Seed funding

Chicago based a startup that helps users earn supplemental income raised $5.8m in Seed funding led by TMV. 

“Consumer financial services in America are in the early innings of a tectonic secular shift to digital-first offerings. And yet, nearly...…

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Harpie raises $4.5m in Seed funding

New York based crypto theft protection startup raised $4.5m in Seed funding led by Dragonfly Capital. 

“With the majority of theft happening on Ethereum, it only makes sense to start here and expand to other chains as the need arises. The...…

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Workist raises $8.7m in Series A funding

Berlin based b2b transactions automation startup raised $8.7m in Series A funding led by Earlybird Venture Capital.

“Similar to the steam engine in the 18th century, AI will lead to a veritable explosion in the automation of human labour – but this time...…

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Perenna raises $30m in Series A funding

U.K. based digital mortgage lender raised $30m in Series A funding led by IAG Silverstripe.

"The mortgage market is in dire need of innovation. It's an oligopoly controlled by a few banks thriving in the status quo, much to the...…

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Shaype raises A$33m in Series C funding

Australia based embedded finance platform raised A$33 million in Series C funding led by Regal Funds Management.

"Shaype is at the forefront of a new breed of fintech that can enable financial services better and more cost efficiently than any...…

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Deribit raises $40m in new funding

Panama based bitcoin options exchange raised $40m in new funding led QCP Capital, Akuna Capital and 10T Holdings.

"Founded in 2016, Deribit caters mainly to institutional investors and co-founders John Jansen, Marius Jansen and Sebastian Smyczýnski...…

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Noble raises $18m in Series A funding

Israel based maker of a credit underwriting platform raised $18m in Series A funding led by Insight Partners.

"We wanted to create the infrastructure I wish I had when I was building lending products. There are simply too many challenges that...…

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Nibiru raises $7.5m in Seed funding

SF based crypto derivatives protocol raised $7.5m in Seed funding led by Tribe Capital. 

"Nibiru says it will provide customers with unlocked hedging opportunities, extremely low gas costs, MEV resistance and high futures...…

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Datamaran raises €11.7m in Series B funding

London based provider of ESG risk management software raised €11.7m in Series B funding led by Fortive and American Electric Power.

"Datamaran's unique technology ensures businesses have the actionable and quantifiable data they need to prepare for the rapidly changing...…

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Inclined raises $15m in Series A funding

Beaverton based life insurance refinancing startup raised $15m in Series A funding led by Hudson Structured Ventures. 

“Ours is a countercyclical business, and a very safe form of lending. This is a time when people need access to these loans. It’s the...…

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Brightflow AI Raises $19m in Series A funding

SF based maker of cash flow analysis software for small businesses raised $15m in Series A funding led by Haymaker Ventures.

“Brightflow AI is the trusted advisor small business owners can rely on. Our solution provides equitable access to the financial...…

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Portabl raises $2.5m in Seed funding

Philadelphia based digital wallet and password manager for banking apps raised a $2.5m in Seed funding led by Harlem Capital Partners.

“We recognize the fact that if you’re a consumer, having a say over who has access to your identity and financial life has been...…

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CNote raises $7.25 in Series A funding

California based impact investment platform raised $7.25m in Series A funding led by the American Family Insurance.

The company intends to use the funds to advance its technology, expand its sales team and deepen its network of community financial...…

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Tres raises $7.6m in Seed funding

Israel based financial data lake for web3 companies raised $7.6m in Seed funding led by Boldstart Ventures.

“The thing about having all the data related to your business in a data lake in a format that you need with raw data and financial data,...…

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Fondue CashBack raises $10.5m in Seed funding

Tel Aviv based Shopify app focused on cashback raised $10.5m in Seed funding led by Quiet Capital.

"Fondue CashBack is more profitable than legacy discounting so brands enjoy a positive feedback loop of higher  conversion, more profit,...…

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Sequence raises $19m in Seed funding

UK based fin-ops stack for B2B businesses raised $19m in Seed funding led by Andreessen Horowitz.

“In a B2B environment, when you’re building new products and pricing plans, you want an interface that doesn’t always rely on developers.”

Monese raises $35m in growth funding

London based digital banking and remittance company raised $35m in growth funding led by HSBC.

“This new partnership is a key step towards helping us deliver digital wealth and banking tools at pace and scale, combining Monese’s...…

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Scratchpay raises $35m in Series C funding

California based petcare and healthcare financier raised $35m in Series C funding led by Norwest Venture Partners.

“We’re already integrated into their core patient health record systems, and they’re asking us to do things like deliver digital...…

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Sardine raises $51m in Series B funding

SF based compliance platform for crypto and fintech companies raised $51m in Series B funding led by Andreessen Horowitz.

“If you actually peek underneath the hood at any of these traditional fraud prevention vendors, you will find that the APIs don’t even...…

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DotPe raises $58m in Series B funding

India based offline-to-online commerce platform raised $58m in Series B funding led by Temasek.

"We are building a full ecosystem for offline merchants to get digitised. We are targeting to grow our merchant base from 7.5 million...…

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Zopper raises $75m in Series C funding

India based API for insurance infrastructure raised $75m in Series C funding led by Creaegis.

“If you’re trying to bring new people to the fold of insurance, you just cannot sell them schemes that are priced above $37 to $50 a year.”

Presail raises $3.8m in Seed funding

Oslo based platform for community-driven web3 funding raised $3.8m in Seed funding led by SNÖ Ventures.

“We’re ten months in, and I’m grateful for having some of the strongest funds and angel investors in our corner. Now we’re ready to...…

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Allocations raises $5m in Seed funding

Miami based provider of APIs for private fund management raised $5m in Seed funding led by Flex Capital.

“Traditionally, retail investors, if they go to their bank, their minimum to invest [in alternative assets] is really high, like $5,000...…

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Satschel raises $5m in Seed funding

San Francisco based web3 compliance company raised a $5m in Seed funding led by Brand Foundry Ventures.

“Compliance burdens and costs have ballooned since the financial crisis, and the development of a crypto ecosystem has accelerated the...…

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Habito raises £5m in Seed funding

London based home mortgage broker raised £5m in Seed funding led by Augmentum Fintec.

Led by Daniel Hegarty, Founder and CEO, Habito is a home-buying and financing company. Since launching in April 2016, the company has...…

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Stashaway raises $12m in Series D funding

Singapore based digital wealth manager raised $12.7m in Series D funding led by Hamilton Lane.

Established in 2017, StashAway offers investment portfolios and wealth management solutions for both retail and accredited investors and...…

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Magna raises $15m in Seed funding

New York based token management platform raised $15m in Series A funding led by Tiger Global.

"We switched to working on Magna when we realized that there were very very few tools for helping crypto companies with their operations."

heyData raises €3.3m in Seed funding

Berlin based compliance startup raised €3.3m in Seed funding led by Ten VC.

Miloš Djurdjević: “In the last 12 months we have proven that our compliance solution strikes a nerve with SMEs! This investment round not...…

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Payall raises $10m in Seed funding

Miami based cross-border payments startup raised $10m in Seed funding led by a16z.

“If a bank has a client that is paying thousands of people around the world, it’s nearly impossible today to do that through a bank,”...…

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Turako raises $10m in Series A funding

Kenya based insurtech startup raised $10m in Series A funding led by AfricInvest and Novastar Ventures.

"We want to insure a billion people in the next 25 years and that’s what we’re building towards. It’s an audacious goal in every way and...…

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Reku raises $11m in Series A funding

Indonesia based crypto exchange and marketplace raised $11m in Series A funding led by AC Ventures.

Fung said the company sees “a significant gap in the market for products that actively guide users all the way from the very beginning of...…

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Candis raises $16m in Series C funding

Berlin based automated accounting software startup raised $16m in Series C funding led by Viola FinTech.

“Finance departments are critical for businesses, especially SMEs and startups, yet the technology at their disposal hasn’t kept up with...…

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Codi raises $16m in Series A funding

San Francisco based flexible office lease company raised $16m in Series A funding led by Andreessen Horowitz.

"This new age of remote work has changed the calculus for companies that still want a physical space for teams to collaborate. The office...…

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Ownera raises $20m in Series A funding

London based network for tokenized assets raised $20m in Series A funding led by J.P. Morgan and LRC Group.

“Interconnectivity is key to maintaining a liquid marketplace for tokenized assets. Ownera has developed a solution with the potential to...…

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Majority raises $30m in Series B funding

Miami based mobile banking service for migrants raised $30m in Series B finding led by Valar Ventures.

Magnus Larsson, CEO, Majority, says: “Our mission, as a company of immigrants for immigrants, has always been to provide migrant...…

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Denim raises $126m in Series B funding

New York based freight and logistics platform raised $126m in Series B funding led by Pelion Venture Partners.

“We witnessed a significant gap in the freight broker market, where legacy systems — i.e. paper checks, physical filing — were still in...…

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Far Homes raises $2.25m in Seed funding

Seattle based platform for buying and selling real estate in foreign markets raised $2.25m in Seed funding led by PSL Ventures.

“The Far Homes team has identified a clear opportunity in the market,” Ben Gilbert, co-founder and managing director of PSL Ventures,...…

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Neem raises $2.5m in Seed funding

Pakistan based embedded finance platform raised $2.5m in Seed funding led by SparkLabs Fintech.

“We have strong conviction about Neem’s mission to enable financial wellness for underbanked communities, and have full confidence in the...…

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Claimer raises $4.2m in Seed funding

London based startup for claiming financial incentives from the government raised $4.2m in Seed funding led by Project A Ventures.

Adam McCann – CEO of Claimer – explained “We are building Claimer to be the de-facto way for startups and scaleups to claim incentives...…

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SavvyFi raises $4.9m in Series A funding

Nashville based college savings and student loan repayment startup raised $4.9m in Series A funding led by Aligned Partners.

"SavvyFi fills a critical gap in the marketplace for better tools to alleviate the burden of college savings and student loan repayment,"...…

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Rosaly raises $7.5m in Seed funding

Paris based salary advance startup raised $7.5m in Seed funding led by Fin Capital.

“Rosaly is on a mission to help millions of people live happier, healthier financial lives. By helping employees manage debt, build...…

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Power raises $16.1m in Seed funding

New York based credit card issuance platform raised $16.1m in Seed funding led by Anthemis and Fin Capital.

“My belief is that over the next several years, consumers will go from banking with fintechs to banking with their favorite brands,”...…

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Kafene raises $18m in Series B funding

New York based lease-to-own financing startup raised $18m in Series B funding led by Third Prime.

“We are drawn to Kafene’s vision that by leveraging proprietary underwriting and flexible payment structures, the company could reduce...…

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Goldsky raises $20m in Seed funding

San Francisco based data infrastructure company for crypto startups raised $20m in Seed funding led by Felicis and Dragonfly Capital.

“If you just look across the rest of the spectrum of other companies in this space, you’ll see that there are quite a few companies that...…

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Doodles raises $54m in Series A funding

Vancouver based NFT startup raised $54m in Series A funding led by SevenSevenSix.

“We want to create products for our core collector base, but at the same time utilize these great forms of marketing like music, to...…

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Fazz raises $75m in Series C funding

Singapore based digital financial services group raised $75m in Series C funding led by Tiger Global, DST Investment and B Capital.

“Our technology is our key differentiator—we invest a lot in the tech side of our business to ensure that any business from small family...…

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Sender raises $4.5m in growth funding

Singapore based NEAR eco-wallet raised $4.5m in growth funding led by Pantera Capital. 

“Current market dynamics have proven to be a powerful catalyst for development, and Sender has many exciting features in our pipeline and...…

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Bitmama raises $2m in pre-seed funding

Nigeria based blockchain payments startup raised $2m in pre-seed funding led by Unicorn Growth Capital and Launch Africa.

“We started Bitmama to make it easy for anyone across the African continent to buy and sell cryptocurrency. But as time passed, we saw a...…

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Stack raises $2.7m in growth funding

Seattle based crypto education and training startup raised $2.7m in growth funding led by Madrona.

“We need a big lift to make it relevant to teenagers and are looking at educational topics like NFTs, metaverse and web3. We aim to be...…

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Forward raises $5m in Seed funding

Thailand based DeFi platform for derivative trading raised $5m in Seed funding led by Primestreet Capital.

"The trading volume of derivative products is approximately 3 times larger than the spot volume and it is still growing. We are focused...…

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Kippa raises $8.4m in Seed funding

Nigeria based payments and financial management startup raised $8.4m in Seed funding led by Goodwater Capital.

“We have over 500,000 merchants on our app and there’s a lot of opportunities for us to do more for them and provide more financial...…

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Community Labs raises $30m in growth funding

New York based crypto software development startup raised $30m in growth funding led by Lightspeed Venture Partners.

"Decentralized storage is a critical piece of the Web3 infrastructure stack and Arweave is well positioned to serve as the de facto...…

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BofA granted hundreds of patents

Bank of America scored a record 341 US patents in the first half of 2022, a 50% year-on-year increase, with information security and AI...

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Mondu bolsters executive team

B2B payments company Mondu has announced the appointment of two senior hires to its c-suite. Mondu has welcomed Julian Kurz as CCO and...

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HotStreak raises $9m in Series A funding

California based blockchain based sports betting startup raised $9m in Series A funding led by Polychain Capital.

“There’s an opportunity here to build something that can really change the industry and change the way people interact with sports gaming...…

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Omni raises $11m in new funding

New York based noncustodial crypto wallet raised $11m in new funding led by Spartan Group.

"Especially after seeing the CeFi meltdown, we wanted to give users something that was as easy to use as CeFi, but 100% self-custodial...…

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Spice AI raises $13.5m in Seed funding

Seattle based blockchain data platform raised $13.5m in Seed funding led by Madrona Venture Capital.

"There is no ecosystem out there that is more data rich than Web3 and blockchains, but that area is currently hampered by lack of data...…

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SteelEye raises $21m in Series B funding

London based regtech startup raised $21m in Series B funding led by Ten Coves Capital. 

“Facing regulatory clampdowns, huge data volumes, and inflation impacts on budgets, financial firms need ways to reduce costs through...…

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Mesh Payments raises $60m in Series C funding

Israel based spend management startup raised $60m in Series C funding led by Alpha Wave. 

“We also offer more integration into organizational systems that can bring in insights that are not only driven by payment transaction...…

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Mysten Labs raises $300m in Series B funding

SF based Web3 startup founded by executives from Meta's crypto unit raised $300m in Series B funding led by FTX Ventures.

"With Sui, we are endeavoring to build a blockchain that scales with demand and incentivizes growth, eliminating middlemen and enabling...…

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R2 raises $15m in Series A funding

Latin America based embedded lending startup raised $15m in Series A funding led by Gradient Ventures.

“In Latin America, 87% of credit demand by small businesses is unmet – in tough times like these, capital becomes even more scarce. But...…

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CashFlo raises $8.7m in Series B funding

India based supply chain finance startup raised $8.7m led by General Catalyst. 

“The pandemic and current macro environment are constant reminders that cash and liquidity are key indicators of business health. We have...…

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Chargezoom raises $10m in Series A funding

California based B2B invoicing and payments platform raised $10m in Series A funding led by Panoramic Ventures and Softbank. 

"Matt and his outstanding team have led the way in bringing the proven processing capabilities of the major processors, folks like...…

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VTS raises $125m in Series E funding

New York based proptech firm raised $125m in Series E funding led by CBRE Group. 

"The new funding will let VTS double down on its efforts to increase its product offerings to offer a completely tailored property...…

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NowNow raises $13m in Seed funding

Nigeria based payments startup raised $13 million in Seed funding led by NeoVision Ventures, DLF Family Office and Shadi Abdulhadi. 

“It’s an end-to-end integrated platform for SMEs, including logistics and we are the first company in Nigeria to provide such an...…

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Billogram raises $13.9m in new funding

Sweden based invoicing platform raised $13.9 m in new funding led by Swisscom Ventures.

“In our discussion with leading utilities, telecom, eHealth and all other clients across Europe, we realized how valuable Billogram was...…

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Boopos raises $50m in Series A funding

Miami based business lending platform raised $50m in Series A funding led by Bonsai Partners.

“For many people, that’s just too much risk. They are willing to take the risk of buying a business and being a business owner, but not...…

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Ceezer raises €4.2m in new funding

Germany based carbon credits marketplace raised €4.2m in new funding led by Carbon Removal Partners and Norrsken VC. 

"While approaching the VCM in the most possible data-driven and holistic way, CEEZER provides the perfect tool for corporate carbon...…

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Tailor raises $4.3m in Seed funding

Japan based ERP platform raised $4.3m in Seed funding led by YC and Global Brain. 

"Legacy ERPs provided by companies such as SAP, Oracle and NetSuite (which is owned by Oracle) and local players like OBIC, are difficult...…

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