News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

QI Tech raises $200m in Series B funding

Brazil based BaaS startup raised $200m in Series B funding led by General Atlantic. 

“Our key differentiators are the technology and the combination of features that create a ‘one-stop-shop’ solution. The technology is...…

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Charlie raises $16m in Series A funding

L.A. based banking company focused on retirees raised $16m in Series A funding led by TTV Capital.

“Over 50% of the 73 million seniors in the United States do not feel prepared financially for retirement, and for too long, their unique...…

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Railsr raises $24m in new funding

UK based embedded finance startup raised $24m in new funding led by D Squared Capital and Moneta Venture Capital.

"It has been a very challenging period for the sector. Many companies grew too fast, failing to adequately develop internal controls, and...…

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AgentSync raises $50m in Series B funding

Denver based provider of compliance software for insurers raised $50m in Series B funding led by Craft Ventures and Valor Equity Partners.

"Given the current headwinds sectors of the insurance industry are facing, investing in modern, scalable infrastructure to manage...…

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Node raises $2.75m in Series Seed funding

San Francisco based e-commerce data management startup raised $2.75m in Series Seed funding led by NeoTribe Ventures.

“Node is the safest, fastest and most convenient way to transact online because it requires no central servers and consumer data doesn’t...…

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Prism raises $5m in Seed funding

New York based cash flow underwriting company raised $5m in Seed funding led by Obvious Ventures.

"Prism clients can use those insights to accurately predict credit default risk, score missing- and thin-file customers, identify...…

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Finerio Connect raises $6.5m in new funding

Mexico City based open finance startup Finerio Connect raised $6.5m in new funding led by Third Prime.

"We decided to pivot the company to business-to-business to be able to connect bank accounts, process data, and analyze it to create a...…

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Laka raises €7.6m in new funding

France based e-bike insurer company raised €7.6m in new funding led by Shift4Good.

"Over time we learned that there's additional appetite on the B2B2C side, working with big partners like Decathlon, one of the world's...…

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Tenary raises $12m in Series A funding

San Francisco based cloud spend management platform raised $12m in Series A funding led by Jump Capital.

"Tools are needed to address the vast array of dynamic cloud services being used to build cloud infrastructure.”

Aleph raises $16.7m in new funding

New York based financial data repository company raised $16.7m in new funding led by Bain Capital Ventures.

"Aleph allows finance and operations teams to integrate all of their sources of data into a central database in a matter of minutes."

Upland raises $7m in new funding

Palo Alto based metaverse property company raised $7m in new funding from Network Ventures, C3 Venture Capital, and Animoca Brands. 

"Upland continues to see increased virtual property owners and rising community engagement as it has launched new features in the past...…

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MediaTool raises $7.4m in new funding

Sweden based media budget management company raised $7.4m in new funding led by Fairpoint Capital and eEquity.

"Currently, 40 percent of Mediatool's revenue comes from the USA. Now is the perfect time to take the company to the next level and...…

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Nomad raises $20m in growth funding

Dubai based home buying platform raised $20m in growth funding led by Acrew Capital.

“A bunch of prop techs in our space are shrinking and closing business lines, but we’re doing the exact opposite by launching Nomad Agent.”

Iink raises $12m in Series A funding

Florida based payments startup focused on multiparty property insurance claims raised $12m in Series A funding led by Headline.

“Having to do all of the follow-up work is oftentimes what is passed off to the contractor,” he said. “What’s unique about us is that...…

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Basis raises $3.6m in Seed funding

New York based AI platform for accounting firms raised $3.6m in Seed funding led by Better Tomorrow Ventures.

“Accounting is the language companies use to understand their business and make decisions. It’s a critical part of our market economy and...…

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Neo raises $35m in growth funding

Indian based wealth and asset management startup raised $35m in growth funding led by Peak XV Partners.

“We sit on their side. It’s slightly different from the classical wealth management practice as we are advising as well as selling...…

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SynFutures raises $22m in Series B funding

Singapore based decentralized exchange for perpetual futures raised $22m in Series B funding led by Pantera Capital.

“Derivatives have another dimension, call time, so it has a much higher requirement on infrastructures because there’s liquidation...…

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Finzly raises $10m in Series A funding

Charlotte based payments infrastructure company for financial institutions raised $10m in Series A funding led by TZP Growth Equity.

"We are investing in Finzly due to its innovative approach to creating flexible payments and banking solutions. Their technology aligns...…

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Akahu raises $1.4m in new funding

New Zealand based open finance startup raised $1.4m in new funding led by Red Bird Ventures.

Akahu is recognised as New Zealand’s foremost provider of open finance connectivity. Its primary objective is to simplify and enhance the...…

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Jiraaf raises $8.7m in Series B funding

Bengaluru based fixed income investment startup raised $8.7m in Series B funding led by Accel and Harmony Partners.

“We will be using this money to mainly build our team, improve customer service across categories of business and also for originating...…

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Hiive raises $4.2m in new funding

Vancouver based marketplace to buy and sell shares of privately held companies raised $4.2m in new funding led by Uncorrelated Ventures.

“Many funds are active secondary buyers, and with IPO markets being choppy or companies just choosing to stay private longer, there are...…

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Flanks raises $8m in Series A funding

Barcelona based API for automated wealth services raised $8m in Series A funding led by Earlybird VC.

“Financial advisors can connect the information of their clients with two clicks on the platform, and then they can get all the wealth...…

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Statement raises $12m in Seed funding

New York based financial management platform for businesses raised $12m in Seed funding led by Glilot Capital Partners.

“This infrastructure lays the foundation for real time reconciliation, rolling cash flow forecasting, and secure AI database queries,”

Darwinium raises $18m in Series A funding

San Francisco based fraud detection startup raised $18m in Series A funding led by U.S. Venture Partners.

“Darwinium offers a product that is both simple to deploy and effective at reducing fraud losses and reputational damage associated with...…

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Anonybit raises $3m in Seed funding

New York based personal privacy and digital security startup raised $3m in Seed funding led by Jam Fintop.

“enterprise-grade technology enables banks and other enterprises to safely and compliantly leverage biometric data to authenticate users....…

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QuoteMachine raises $3.7m in Seed funding

Montreal based customer quote and invoicing startup raised $3.7m in Seed funding led by Manresa Ventures.

“The company’s payment and checkout experience especially highlights the software’s fintech play as it streamlines financial services to...…

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Nexu raises $20m in Series B funding

Mexico City based provider of financing solutions to car dealerships in Mexico raised $20m in Series B funding led by Valor Capital Group.

Nexu provides a platform complements the current systems and products at car dealerships and allows them to offer a digital and real-time...…

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Prove Identity raises $40m in growth funding

New York based fraud reduction startup raised $40m in growth funding led by MassMutual Ventures and Capital One Ventures.

“As our daily lives become increasingly digital, Prove’s mission is to be the global standard for fast, secure, and privacy-first digital...…

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Nova Credit raises $45m in Series C funding

New York based startup focused on immigrant credit history raised $45m in Series C funding led by Canapi Ventures.

“While cross-border credit remains critical to our strategy, we’re excited to broaden our offering and tackle a new set of industry...…

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Procurify raises $50m in Series C funding

Canada based enterprise procurement startup raised US$50m in Series C funding led by Ten Coves Capital.

“Procurify helps organizations bring more spend under management, thereby consolidating spend data from our customers’ procure-to-pay...…

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Nirvana Insurance raises $57m in Series B funding

San Francisco based insurer of commercial truck fleets raised $57m in Series B funding led by Lightspeed Venture Partners.

“Nirvana is bringing insurance into the modern era, changing how the industry considers risk. Their incredible growth is a testament to...…

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The US gets a C+ in retirement

The U.S. came in 22nd out of 47 countries, according to the latest Mercer CFA Institute Global Pension Index, with a slightly lower score...

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Ergo raises $1.5m in pre-Seed funding

New York based automated pricing platform for Shopify merchants raised $1.5m in pre-Seed funding led by Anthemis.

“Price negotiations have this negative reputation for being stressful, and what I found was that the most successful strategy was being...…

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Scription raises $2.5m in new funding

Toronto based commercial maintenance-turned-insurtech raised $2.5m in new funding led by Markd.

"The vision of our programs is to align incentives and have everyone benefit from equipment uptime. We've assembled a team uniquely...…

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Parsec raises $4m in new funding

New York based insights provider into on-chain markets raised $4m in new funding led by Galaxy.

"We have the best data visualizations in the game — we offer users more than 110 customizable components, all in real-time."

Lopay raises £6m in Seed funding

London based instant payments startup raised £6m in Seed funding led by BackedVC.

“Lopay’s mission has resonated with thousands of small businesses and sole traders who are being squeezed simultaneously by high...…

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Account Labs raises $7.7m in new funding

Singapore based crypto wallet provider raised $7.7m in new funding led by Amber Group.

“Essentially, account abstraction develops smart contracts into wallets, and because the smart contract is programmable, developers can...…

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Alpaca raises $15m in new funding

California based startup providing stock and crypto brokerage via API raised $15m in new funding led by SBI Group.

Alpaca currently has two clients in Japan — SBI and Woodstock– but expects a few more users from Japan after the strategic investment...…

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Matic raises $17m in Series B funding

Ohio based embedded insurtech company raised $17m in Series B funding led by IA Capital Group.

“Consumers want a simple, easy, and transparent experience when searching for home insurance."

Membrane Labs raises $20m in Series A funding

New York based cryptocurrency-focused trading and lending platform raised $20m in Series A funding led by Brevan Howard.

“You can think of us as the glue, a settlement network that connects all of these things together.”

Fantix raises $1.6m in pre-Seed funding

New York based privacy safe AI startup raised $1.6m in pre-Seed funding led by Gaingels.

“We are deeply committed to innovating in the AI space, ensuring consumer privacy and business confidentiality aren’t compromised. This...…

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Neutral raises $3.2m in new funding

New York based carbon credits blockchain company raised $3.2m in new funding led by North Island Ventures.

"Environmental asset markets price and provide funding mechanisms for sustainable activities, such as carbon sequestration or renewable...…

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Propify raises $3.3m in Seed funding

Boston based property management software company raised $3.3m in Seed funding led by Prudence.

"APIs are effectively designed to move data from one system to another. We actually tackle a similar but arguably more challenging...…

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TransactionLink raises €5m in Seed funding

Berlin based KYC/KYB automation startup raised a €5m in Seed funding led by White Star Capital.

“We’ve seen a surge in interest for business onboarding automation over the last year. Business services have traditionally been very...…

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Untangled Finance raises $13.5m in new funding

London based startup bringing private credit onto the blockchain raised $13.5m in new funding led by Fasanara Capital.

“We see an upcoming merging of worlds, on one side, fintech lending which fills the gap in underserved SME and consumer markets and, on...…

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Canopy Servicing raises $15.2m in Series A funding

New York based loan management platform raised $15.2m in Series A funding led by Foundation and Infinity Ventures.

The A1 round will allow it to scale its annual recurring revenue to the $10 million mark in the next 15 months, he said, noting that the...…

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Carefull raises $16.5m in Series A funding

New York based platform to help banks protect older customers from fraud raised $16.5m in Series A funding led by Fin Capital.

“The pandemic, which forced geographically dispersed families to assist with and coordinate money issues digitally, is a catalyst for...…

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Upvest raises €30 million in new funding

Berlin based digital wealth management infrastructure provider raised €30 million in new funding led by BlackRock.

“Millions of Europeans are embracing investing for the first time to build a better financial future for themselves.”

InsuranceDekho raises $60m in growth funding

India based insurance company raised $60m in new funding led by Mitsubishi UFJ Financial Group.

“Our entry into the insurtech sector signifies a strategic commitment to increase insurance accessibility in India. InsuranceDekho’s...…

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CrossFund raises $1.5m in new funding

Singapore based equity marketplace raised $1.5m in new funding led by BlockBase Ventures.

"These markets we're in – like Indonesia, India, Vietnam, and Philippines – have large populations, a young, tech-savvy workforce, low...…

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Ostium Labs raises $3.5m in new funding

Chicago based web3 platform designed to bring commodity markets on-chain raised $3.5m in new funding led by General Catalyst and LocalGlobe.

“In the last century, we’ve seen vast growth in access to both financial and tangible assets. However, consumer access to and...…

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Zest Equity raises $3.8m in Seed funding

UAE based company digitizing private market transactions raised $3.8m in Seed funding led by Middle East Venture Partners.

“We’re digitizing a lot of what is actually very manual, and we have taken a tech-first approach to automate as much as we can, while...…

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Orus raises €11m in Series A funding

France based professional insuretech company raised €11m in Series A funding led by Notion Capital.

Orus currently has 5,000 customers. By adding new products, it can act as a one-stop shop for all insurance needs.

Kennek raises $12.5m in Seed funding

London based lending infrastructure provider raised $12.5m in seed funding led by HV Capital.

“What we’ve raised now is transformative for us, so that we can focus on the longer term, we can be more strategic and this gives us a...…

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Onsurity raises $24m in Series B funding

India based SME insurer raised $24m in Series B funding led by the IFC.

“We are not competing with large insurance players or large distributors in India to take our space. We are just creating our own category.”

Cardata raises $100m in growth funding

Boston based provider of mileage reimbursement software raised $100m in growth funding led by Wavecrest Growth Partners.

“Companies are turning to more efficient vehicle programs to deliver benefits and savings to their employees."

Investree raises €220m in Series D funding

Indonesia based P2P lender raised €220m in Series D funding led by JTA International.

Investree said it has disbursed 14 trillion rupiah (about $900 million) of loans in Indonesia. The majority of the loans were disbursed...…

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Investree raises €220m in Series D funding

Indonesia based P2P lender raised €220m in Series D funding led by JTA International (Qatar).

"As part of the deal, Investree and JTA have established a joint venture in Doha, the capital of Qatar. The joint venture, called JTA...…

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SpecCheck raises $3.7m in Seed funding

Los Angeles based optical care network and billing platform raised $3.7m in Seed funding led by Initialized Capital.

"Optometry still largely runs on handwritten and faxed orders, and SpecCheck hopes its tools can help modernize the sector."

Reserv raises $20m in Series A funding

New York based AI-driven insurtech startup Reserv raised $20m in Series A funding led by Altai Ventures and Bain Capital Ventures.

“Insurance carriers are realizing that a TPA using modern technology can deliver outsized benefits relative to TPA incumbents burdened by...…

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GetPaid raises $6m in Seed funding

Germany based payments solution provider raised $6m in Seed funding led by Inventure.

“If a platform wants to offer invoice payments with net terms, cards, direct debits, split the payments across three different parties in...…

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Qobra raises $10.5m in Series A funding

France based sales compensation startup raised $10.5m in Series A funding led by Singular.

"Operations and finance teams can then define compensation rules and targets based on historical data. The startup offers a no-code...…

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Cobre raises $13m in new funding

Colombia based corporate treasury platform raised $13m in new funding led by Kaszek. 

“Building our own payment rails is a long-game approach that takes time but delivers the best, most direct and most customizable...…

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Blackbird Labs raises $24m in Series A funding

New York based restaurant rewards startup raised $24m in Series A funding led by a16z.

“Independent restaurants don’t have the tools to make use of that raw data. There’s a difference between knowing it’s someone’s birthday...…

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Creednz raises $7m in new funding round

Israel based payments fraud startup Creednz raised $7m in new funding led by Blumberg Capital.

"Creednz was built from the ground up to give finance teams the tools to fight back and protect against payment fraud."

Grow Credit raises $10m in Series A funding

California-based credit-building startup Grow Credit raised $10m in Series A funding led by USAA.

“We are honored to have one of the financial services industry’s most mission-driven institutions, USAA, as our lead investor.”

Kafene raises $12.6m in Series B extension

NY based point-of-sale financing platform Kafene raised $12.6m in a Series B extension led by Third Prime.

"We're extremely excited to be doubling down on partnering with merchants to offer more flexible ownership options."

Stitch raises $25m in Series A extension

South-African based fintech API startup Stitch raised $25m in a Series A extension led by Ribbit Capital.

"We moved away from being a single method platform to a next-generation PSP for local and global enterprises."

Stampli raises $61m in growth funding

California based accounts payable automation startupStampli raised $61m in Series D funding led by Blackstone. 

“AI became fashionable again and we’ve actually been using it for a long while.”

The great Zelle pool scam

All I wanted was a status symbol. What I got was a $31,000 lesson in the downside of payment apps. The point here isn't that Zelle is...

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AlphaSense raises $150m in growth round

NYC based AlphaSense, an AI-based market intel firm, raised $150m in growth funding led by Bond Capital.

"We focus on the search for unstructured information, and provide structure to it."

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