News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Conduiit raises $1m in pre Seed funding

New York based accounting solutions company raised $1m in pre Seed funding led by Fiat Ventures and Aperture Venture Capital.

"The entertainment industry has been using a Frankenstein model to manage a project's day-to-day transaction management and financial...…

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Enfuce raises €8.5m in new funding

Finland based card issuing company raised €8.5m in new funding led by Vitruvian Partners.

"Acting as a global card issuer and payment processor, Enfuce offers an end-to-end program of services handling licensing, financing,...…

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iPeakoin raises $10m in Series A funding

Singapore based traditional finance and crypto focused neobank raised $10m in Series A funding led by ZhenFund.

"We see more and more companies in traditional industries adopting crypto for various reasons, especially those operating in countries...…

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Paysend raises $65m in new funding

London based international money transfer company raised $65m in new funding from investors including Mastercard and One Peak Partners.

"The investment round follows the partnership with Mastercard announced earlier this year, through which Paysend will enhance...…

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Acctual raises $3.9m in Seed funding

New York based crypto expense management company raised $3.9m in Seed funding led by Third Prime and IDEO.

"We wanted to build something in web3 and address the problems and fragmentation — and really there’s an opportunity to help bring...…

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WeeFin raises €7m in Series A funding

Paris based ESG strategy management company raised €7m in Series A funding led by IRIS and Ring Capital.

"WeeFin has made significant strides in the financial industry, currently serving over 35 clients across Europe. These clients manage...…

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Ocean raises $6.2m in Seed funding

US based decentralized Bitcoin mining pool raised $6.2m in Seed funding led by Jack Dorsey.

"[Ocean's] intention is to disintermediate to the greatest extent possible. Pools have become trusted third parties whose permission we...…

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PhiCommerce raises $10m in Series A funding

India based omnichannel payment solution company raised $10m in Series A funding led by Beenext.

"PhiCommerce is known for its API-first digital payments platform, PayPhi, which currently powers over 100m transactions per month."

Coinchange raises $10m in new funding

Canada based digital asset platform raised $10m in new funding from investors including G1.VC and Spirit Blockchain.

"DeFi remains very fragmented due to its complexity and the sheer number of applications operating in the space. After over three years...…

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Flow48 raises $25m in Seed funding

UAE based working capital financing company raised $25m in Seed funding from investors including Speedinvest and Daphni.

"We believe that if the gap in financing exists for everyone and every industry, the hurdle is even higher if you are a woman or from a...…

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CapitalOS raises $9m in Seed funding

Israel based spend management infrastructure company raised $9m in Seed funding led by Group 11.

"We designed a solution that requires just one API call, and eliminates the burden on platforms to handle compliance, risk, underwriting,...…

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Wind raises $3.8m in pre Seed funding

Singapore based smart contract wallet company raised $3.8m in pre Seed funding led by Global Founders Capital and Spartan Group.

"Wind.app differentiates from Wise or Payoneer because it uses blockchain for settlement and is able to charge lower fees. Another...…

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MYX raises $5m in Seed funding

Asia based crypto derivatives protocol company raised $5m in Seed funding led by HongShan.

"A major challenge faced by the industry is growing awareness and acceptance of decentralized derivative trading by users. One...…

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PayGround raises $19.7m in Series A funding

Arizona based healthcare payments company raised $19.7m in Series A funding led by SixThirty.

"Most Americans have encountered the fragmented experience of paying healthcare bills. Payments, and particularly out-of-pocket payments,...…

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Lassie raises $25m in Series B funding

Stockholm based pet insurance company raised $25m in Series B funding led by Balderton.

"Nearly half of all European households now own a pet, and and owners spend €23.5b on them annually."

Candex raises $45m in Series B funding

New York based vendor management and payments processing company raised $45m in Series B funding led by Goldman Sachs.

"Purchasing cards or credit cards enable corporations to make purchases in an automated way, but they bypass the core...…

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Waltio raises €1.8m in new funding

Paris based crypto tax assistant company raised €1.8m in new funding from investors including Clément Coeurdeuil and Crédit Agricole.

"The complexity of cryptocurrency tax reporting is currently a barrier to the widespread adoption of Web3. Waltio is the essential tool...…

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WeeFin raises €7m in Series A funding

Paris based ESG regulatory compliance company raised €7m in Series A funding led by IRIS and Ring Capital.

"[ESG regulations] require financial institutions’ time, adapted tools and qualified resources to manage the amount of data and models,...…

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Construex raises $4.6m in Seed funding

Ecuador based digital construction marketplace and procurement company raised $4.6m in Seed funding led by Zacua Ventures and Fifth Wall.

"Just 4% of [Latin American] construction suppliers are tech-enabled, so there is an opportunity to connect construction product...…

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Aptus.AI raises €3m in new funding

Italy based financial regulatory and compliance company raised €3m in new funding led by Programma 103.

"In the last 15 years, the financial industry has undergone a growing transformation...with an increase in norms to protect consumers and...…

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CheckRewards raises $1.2m in new funding

Dubai based cashback services company raised $1.2m in new funding led by Mitgo Group.

"CheckRewards has already launched Android and iOS apps in the UAE. Future expansion plans include finding investment partners to enter...…

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Peloton Technologies raises $2m in Seed funding

Canada based unified payments platform for SMEs raised $2m in Seed funding.

"With rapid growth as their goal, Peloton recently acquired an ISO (Independent Sales Organization) and rolled their merchant services...…

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Birdseye raises $3m in Seed funding

Toronto based e-commerce pricing and marketing company raised $3m in Seed funding led by Drive Capital.

"The company’s AI empowers a completely personalized shopping journey for consumers. Birdseye’s goal is to completely reimagine the way...…

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Mozaic raises $20m in Series A funding

Nashville based payments splitting for creators company raised $20m in Series A funding led by Volition Capital.

"Typically a song has three to five collaborators and only the creator gets paid immediately. They then have to distribute the money. A...…

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Scapia raises $23m in Series A funding

India based travel credit card company raised $23m in Series A funding led by Elevation Capital and 3State Ventures.

"There is very good demand from Metro and Tier-I cities but we are also seeing traction from deeper parts of the cities, which is a great...…

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Alpheya raises $300m in new funding

Abu Dhabi based wealth management technology company raised $300m in new funding led by BNY Mellon and Lunate.

"The initiative comes as a response to the increasing demand for integrated digital solutions that streamline client engagement processes...…

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DoorFeed raises €7m in Seed funding

London based property technology and investing platform raised €7m in Seed funding led by Motive Partners.

"Research shows that European investments in apartments, houses, and build-to-rent projects exceeded €10b last quarter, outpacing other...…

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Crezco raises $12m in Series A funding

London based account-to-account payments company raised $12m in Series A funding led by MMC Ventures and 13books.

"It’s not about replacing card payment with something cheaper, but replacing manual bank transfers with something more convenient....…

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Privy raises $18m in Series A funding

New York based blockchain-powered white label loyalty platform raised $18m in Series A funding led by Paradigm.

"Consumer crypto is here — enabled by cheap base-layer fees and an emerging software stack."

Fence raises €1.8m in pre Seed funding

Madrid based debt software company raised €1.8m in pre Seed funding led by Semantic.vc.

"'At Fence we use blockchain smart contracts to automate capital and asset transfers. These smart contracts also guarantee compliance...…

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Kiwi raises $13m in Series A funding

India based digital credit card company raised $13m in Series A funding led by Omidyar Network India.

"Increasing access to affordable and convenient financial products beyond digital payments and ensuring deeper and more consistent usage...…

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Indy raises $44m in new funding

France based tax and paperwork platform for freelancers raised $44m in new funding led by BlackFin Capital Partners.

"In just a few months, the startup will offer a free business bank account with a payment card. Once again, it makes sense to bundle this...…

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Dwellsy raises $11.5m in Seed funding

California based home rental marketplace and data provider raised $11.5m in Seed funding led by Ulu Ventures.

"There’s a huge base of renters and owners who need help navigating a system that’s more complex than it’s ever been—particularly with...…

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Panoptic raises $7m in Seed funding

Boston based decentralized finance protocol raised $7m in Seed funding led by Greenfield Capital.

"Panoptic plans to bring its so-called 'panoptions' perpetual options to the DeFi market. Perpetual options are a financial derivative...…

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VersiFi raises $10m in Series A funding

New York based digital asset lending and trading firm raised $10m in Series A funding led by Hunting Hill Global Capital.

"We are fully committed to developing a digital assets ecosystem that sees market participants working together to minimize risk and...…

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Superstate raises $14m in Series A funding

US based asset manager of regulated, self-custodied on-chain funds raised $14m in Series A funding led by Distributed Global and CoinFund.

"The future of investments are programmable, compliant, and transparent. To date, first-generation tokenized funds fall short; they...…

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Silverflow raises €15m in new funding

Amsterdam based payment processing company raised €15m in new funding led by Global Paytech Ventures.

"'Our biggest challenge has been getting customers to believe this technology is real,' says Anne Willem de Vries, 'They often tell us...…

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Every.io raises $9.5m in Seed funding

San Francisco based provider of a back office stack for startups raised $9.5m in Seed funding led by Base10.

"'Founders just want to focus on building,' Behera explains. 'They don’t have time to learn complex subjects like payroll, taxes and...…

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Mafhoom Technologies raises $1.36m in pre Seed funding

UAE based personal finance startup raised $1.36m in pre Seed funding led by Al-Wafra Al-Thanya for Investments.

"Mafhoom is a pillar in our vision for creating a unique fintech ecosystem that empowers individuals to take control of their financial...…

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Shekel Mobility raises $3.2m in pre Seed funding

Nigeria based B2B marketplace for auto dealers in Africa raised $3.2m in pre Seed funding led by Ventures Platform.

“One of the fundamental things we’ve built is the ability to buy a car without collateral,” Oladokun said. “We started out lending to...…

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Fnality International raises £77.7m in growth funding

London based blockchain payments startup raised £77.7m in growth funding led by Goldman Sachs and BNP Paribas.

“Fnality’s solution is a key enabler for the digital asset ecosystem and the company is well-positioned to be at the forefront of payment...…

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Binance Japan adds The Graph token (GRT) to platform

Binance Japan has added 47 new tokens to their platform, including The Graph's native token, $GRT.

"With this addition, Binance Japan will offer 47 tokens. With this, Binance Japan becomes the crypto exchange that sells the most crypto...…

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Centrifuge tops 24-hour volume of $1.7m (CFG)

Centrifuge (CFG) traded 0.9% higher against the dollar during the 24-hour period ending at 19:00 PM ET on November 12th.

"Centrifuge has a total market capitalization of $34.86 million and approximately $1.71 million worth of Centrifuge was traded on...…

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Balancer one day volume tops $10.30m (BAL)

Balancer (BAL) traded 0.2% higher against the US dollar during the 1-day period ending at 23:00 PM ET on November 12th.

"Balancer has a total market capitalization of $216.06 million and approximately $10.30 million worth of Balancer was traded on exchanges...…

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Solana price hits a new 2023 high

SOL’s substantial 39% weekly gains have pushed its futures open interest to $745 million, the highest level since November 2021.

"Solana now ranks as the fourth-largest blockchain in decentralized finance (DeFi) TVL, accompanied by a 28% growth in the number of...…

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LXA raises $10m in Seed funding

Singapore based loan origination, processing, underwriting, and servicing startup raised $10m in seed funding led by NEA.

"We founded LXA to create an institutional channel for the large capital pools of insurance, pension funds, sovereign funds, and...…

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Arch raises $20m in Series A funding

New York based private investment management platform raised $20m in Series A funding led by Menlo Ventures.

“Arch is a powerful fintech solution that empowers advisors to manage their alternatives allocation more efficiently.”

Due raises $3.3m in Seed funding

London based facilitator of international transactions through non-custodial accounts raised $3.3m in Seed funding led by Semantic. 

“The fresh capital will be used to further develop Due’s technology and to expand its fiat currency connectivity to more markets.”

Ritual raises $25m in new funding

Decentralized platform for AI compute raised $25m in new funding led by Archetype.

“The consolidation of AI among a small group of powerful companies poses a significant threat to the future of technology."

Black Ore raises $60m in new funding

Texas based AI platform for financial services raised $60m in new funding led by Andreessen Horowitz.

“CPAs know AI can significantly increase efficiency and enable more strategic revenue-generating work.”

Enable raises $120m in Series D funding

San Francisco based rebate management platform raised $120m in Series D funding led by Lightspeed Venture Partners.

"Enable started in rebate management because of the importance rebates play in the financial outcomes of manufacturers, distributors and...…

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Llama raises $6m in new funding

Bengaluru based platform for on-chain access control and governance raised $6m in new funding led by Founders Fund.

"It's bringing those best practices to a very different world of smart contracts.”

CEO of Realtors Group Steps Down Early After Commissions Verdict

Bob Goldberg will be replaced by Nykia Wright on interim basis. Realtors group has come under pressure from lawsuits

"The head of the National Association of Realtors, Bob Goldberg, will step down from that role ahead of schedule, days after a jury found...…

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Accelex raises $15m in Series A funding

London based provider of AI automation for private markets data raised $15m in Series A funding led by FactSet.

"Data-driven decision-making is critical for our clients, particularly as their portfolios increase in exposure to private capital, where...…

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Sprout.ai raises £5.4m in Series A funding

London based insurance claims automation company raised £5.4m in Series A funding led by Amadeus Capital Partners and Praetura Ventures.

“We process thousands of claims globally with our solution every day and millions of policyholders receive fast and accurate decisions as...…

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Verqor raises $7.5m in Seed funding

Mexico based lender targeting the agricultural sector raised $7.5m in Seed funding led by Yara Growth Ventures.

“Mexico’s farmers play a crucial role in the global food supply chain, yet they lack access to the financial resources they need to...…

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Radius Agent raises $13m in Series B funding

San Francisco based vertically integrated real estate brokerage platform raised $13m in Series B funding led by NFX. 

“Radius’s mobile-first platform gives agents the tools they need to grow their brand on the go. Since backing them at Seed, we’ve been...…

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Cowbell raises $25m in new funding

Palo Alto based provider of cyber insurance for SMEs raised $25m in new funding led by Prosperity7 Ventures.

“Economic costs of cybercrime will reach $24tr by 2027, accelerating cyber insurance adoption and growth even further."

Layr raises $10m in Series A funding

Atlanta based small business insurtech company raised $10m in Series A funding led by Cota Capital.

“We aspire to be the largest insurtech for small commercial insurance that no small business owner has ever heard of because they think...…

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Atom Bank raises £100m in new funding

U.K. based digital challenger bank raised £100m in new funding led by inside investors. 

“We need to lay down a series of quarterly performance updates that give investors confidence that we are in control predictable and can...…

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