News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

CurbWaste raises $10m in Series A funding

New York based SaaS platform that empowers waste services companies to manage their operations raised $10m in Series A funding.

"To make it worthwhile for waste-haulers to try a new digital financial platform, there must be immediate value provided and the software...…

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Dynamic Labs raises $16.5m in Series A funding

Decentralized developer of non-custodial embeddable wallet tools raised $16.5m in Series A funding led by a16z.

The new features will assist wallet developers to "abstract away the complexities of crypto."

Copia Global raises $20m in Series C funding

Kenya based e-commerce startup raised $20m in Series C funding led by Enza Capital.

"Our shift to focusing on the digital now coming from the fact that our customers have digitized so quickly means we needed to change how...…

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Pivot raises €20m in Series A funding

France based procurement and spend management startup raised €20m in Series A funding led by Visionaries.

“Pivot offers a unique response to a problem we witness in any of our LPs companies – no matter if a digital scaleup or an industrial...…

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Aye Finance raises $37m in Series F funding

India based digital lending platform to small companies raised $37m in Series F funding led by British International Investment.

“We believe there is immense potential in lending to underserved micro enterprises, and the fresh capital will provide a strong fillip to...…

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Cents raises €1.2m in pre-Seed funding

Italy based software for businesses to integrate ESG frameworks raised €1.2m in pre-Seed funding led by SICI.

“Cents stems from a clear idea: connecting companies and brands with third sector NGOs, so as to empower people to be agents of positive...…

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Lendo raises $28 in Series B funding

Saudi Arabia based debt crowdfunding marketplace raised $28m in Series B funding led by Sanabil Investments.

“Currently, and for the next two years, our primary focus is on the Saudi Arabian market, given its status as the largest market in the...…

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GFO-X raises $30m in new funding

London based crypto derivatives exchange raised $30m in new funding led by M&G Investments.

“Before you bump into the wall it’s very hard to gauge, rather than trying to reassure people we know what we’re doing and can play it...…

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Comun raises $4.5m in new funding

New York based neobank for Latino immigrants raised $4.5m in funding led by Costanoa Ventures.

“Our mission is to bring back local banking to immigrants in the U.S.”

Yoii raises $5.5m in Series A funding

Japan based revenue-based financing platform completed a $5.5m in Series A funding led by Emellience Partners.

In the context of the Japanese government's promotion of "New Capitalism", nurturing startups that address social issues and contribute...…

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Nonco raises $10m in new funding

Distributed digital asset brokerage firm raised $10m in new funding led by Valor Capital Group.

“Our aim is to become the leading brokerage firm for digital assets, and we intend to achieve this by establishing a new standard that...…

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Aria raises €15m in Series A funding

France based B2B payments and lending company raised €15m in Series A funding led by 13books Capital.

“The truth is that innovation in B2B commerce payments has lagged far behind the B2C space. We want to modernise wide-ranging aspects of...…

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NodeKit raises $1.2m in pre-Seed funding

Distributed developer of a shared sequencer L1 built on an Avalanche Subnet raised $1.2m in pre-Seed funding led by Borderless Capital.

“NodeKit enables rollups to have seamless interoperability, which unlocks innovative rollup design, empowering on-chain applications to...…

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Paynest raises €2m in Seed funding

Lisbon based financial well-being platform raised €2m in Seed funding led by Lince Capital.

“Today, it has become more important than ever for companies to offer benefits that truly promote the well-being of their employees, not...…

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Maka raises $2.6m in pre-Seed funding

Nigeria based fashion and beauty e-commerce platform raised a $2.65m pre-seed round led by 4DX Ventures.

“In all, it was quite complex and complicated for the user. And so I saw that you had a problem with trust in the buying process."

Stairs Financial raises $3.5m in Seed funding

New York based mortgage marketplace raised $3.5m in seed funding led by Zigg Capital.

“People just don’t know where to start, so they’re not accessing the help they should be getting.”

Pave Bank raises $5.2m in Seed funding

Singapore based multi-asset regulated commercial bank raised $5.2m in Seed funding led by 468 Capital.

“We have set out to address limitations of today’s financial system that lacks transparency, remains restricted to certain time-windows...…

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Prevu raises $6m in Series A funding

New York based online real estate platform raised $6m in Series A funding led by Citi.

“It’s becoming much more of an adviser in an important transaction more akin to wealth management.”

Hyperplane raises $6m in new funding

San Francisco based developer of customer behavior models for banks raised $6m in new funding led by Lachy Groom.

“The core hypothesis we started with was: What does it take to build a personalization layer for banks across the world.”

Lolli raises $8m in Series B funding

New York based bitcoin and cashback rewards company raised $8m in Series B funding led by Bitkraft Ventures.

“We don’t take more money than we need to support our next phase of growth, and are very focused on operating efficiently and proving out...…

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Meniga raises €15m in Series D funding

London based digital bank raised €15m in Series D funding led by Groupe BPCE.

"We are excited to continue our partnership with Meniga, which currently empowers the digital banking experience for our over 10 million...…

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Kapital raises $40m in Series B funding

Mexico based bank and technology platform raised $40m in Series B funding led by Tribe Capital.

“Small businesses represent 90% of the world’s businesses; however, in Mexico, only 10.5% of those small businesses have access to total...…

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Andalusia Labs raises $48m in Series A funding

Abu Dhabi based digital asset risk infrastructure company raised $48m in Series A funding led by Lightspeed Venture Partners.

“In blockchain and web3 — where security threats are prevalent — robust risk infrastructure becomes indispensable.”

Udaan raises $340m in Series E funding

India based B2B e-commerce company raised $340m in Series E funding led by M&G.

“The regional-operated design will not only get us closer to our customers, but also make our operations more agile and efficient.”

Europe and Israel’s startup founder factories

1,451 tech-enabled startups were founded by former employees of 248 European and Israeli unicorns.

"The European and Israeli tech ecosystem continues to be a powerhouse of innovation and ambition. Despite a difficult macroeconomic...…

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Texas bank overdraws its own accounts After messy tech update

Regulators are probing Comerica after a botched technology upgrade left the bank’s wealth-management unit short millions of dollars.

"A general ledger account for wealth management was still "significantly overdrawn," managing director Brian Wolfe said in an email to...…

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Bujeti raises $2m in Seed funding

Africa based corporate card and spend management platform raised $2m in Seed funding led by Y Combinator.

“While still serving consumers, I did some research and found other players that were using Paystack as well, one of them being Divvy...…

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Navadhan raises $5m in Seed funding

Mumbai based rural fintech raised $5m in Seed funding led by Prime Venture Partners.

“The MSME sector in India has always been credit-starved, and yet remains one of the critical growth sectors in the country."

Sindri raises $5m in Seed funding

Colorado based zero-knowledge blockchain infrastructure platform raised $5m in Seed funding led by CoinFund.

“Zero-knowledge proofs are finding product market fit within the blockchain space in the form of blockchain scalability and...…

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Babylon raises $18m in Series A funding

Australia based Bitcoin staking protocol raised $18m in Series A funding led by Polychain Capital and Hack VC.

"The aim of the project is 'to build a Bitcoin-secured decentralized world" by converting all 21 million BTC that will ultimately exist...…

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Simply Homes raises $22m in Series B funding

Maine based i-buyer focused on affordable housing raised $22m in Series B funding led by Gutter Capital and Watchung Capital.

“We know what we can rent the homes for because the housing authority (or HUD) gives us that information. This means we can underwrite —...…

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Center raises $30m in Series C funding

Washington based expense and travel software maker raised $30m in Series C funding led by Top Tier Capital Partners.

"We are confident that how a payments platform integrates with other software packages will not only become a top priority for customers...…

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Pontera raises $60m in new funding

New York based wealth management platform raised $60m in new funding led by Iconiq Growth.

"401(k)'s can be very meaningful portions of people's overall portfolios and assets and it's really important to make the best decisions...…

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Scalable Capital raises €60m in new funding

Munich based digital wealth management platform raised €60m in new funding led by Balderton. 

"Today, Scalable Capital, which started as a digital wealth management platform, now describes itself as a full-service brokerage. It has...…

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Koho Financial raises C$86m in Series D funding

Toronto based challenger bank raised C$86m in Series D funding led by Drive Capital. 

“We are helping a lot of Canadians at a time when there’s real financial pressure for the majority of Canadians. We’ve kind of played in...…

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Klook Travel Technology raises $210m in Series F funding

Hong Kong based travel booking company raised $210m in Series F funding led by Bessemer Venture Partners.

“Asia is on an upward trend. There’s still so much market growth that will still be happening in Asia. It could see double the growth of...…

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SocGen’s crypto unit debuts euro-pegged stablecoin

The stablecoin marks the first time a regulated European bank has made a euro-pegged stablecoin available on a crypto exchange.

“Stablecoins bridge the gap between traditional fiat currencies and cryptocurrencies — offering the best of both worlds due to their...…

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Tappi raises $1.5m in Pre Seed funding

Kenya based e-commerce platform for SMBs raised $1.5m in Pre Seed funding led by Mercy Corps Ventures and Chui Ventures.

“There are ~44 million (M)SMEs in Africa, driving ~60% employment and ~38% of GDP on the continent. Yet, these businesses, ~60%+...…

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Virtuo raises C$3.5m in Seed funding

Calgary based homeownership concierge platform raised C$3.5m in Seed funding led by ATB Private Equity and TELUS Ventures.

“Because we’re capital efficient, we can make it go a long way to continue improving how we provide our first-class customer experience...…

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Solvento raises $3.5m in Seed funding

Mexico City based fintech company serving Latin America's trucking sector raised $3.5m in Seed funding led by Quona Capital. 

"There is this gap and working capital challenge of having to wait an average of 60 days to get their money back after they invested in...…

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Curvance raises $3.6m in Seed funding

Cayman Islands based DeFi platform for lending and borrowing raised $3.6m in Seed funding led by Offchain Labs. 

“Curvance will give users of any blockchain an easy route to participate in Polygon DeFi, with the potential to make onboarding easier...…

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Spade raises $10m in Series A funding

New York based fintech fraud prevention startup raised $10m in Series A funding led by Flourish Ventures. 

“We’ve really shifted our strategy. We found our niche within the fraud detection space, so there’s been a massive push up market for us....…

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Igloo raises $36m in Series B funding

Singapore based insurtech raised $36m Series B funding led by Eurazeo.

"These solutions are tailored for platform companies and insurers, aiming to reduce operational risk exposure, generate new revenue...…

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Plum raises €5m in new funding

London based money management app raises €5m in new funding led by Eurobank.

“The digital trends are promising and there is a clear gap for an app like Plum to help Greek consumers with their money management. Many...…

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Banxware raises €15m in Series A funding

Berlin based lending-as-a-service platform raised €15m in Series A funding led by Unicredit.

"Over the past 3 years, we have built a very scalable solution where we can reach SMEs through any kind of platform they use to conduct...…

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Omniful raises $5.9m in Seed funding

UAE based supply chain and e-commerce enablement startup raised $5.9m in Seed funding led by VentureSouq.

“We started out with a vision to rebuild the technologies that are currently used, and will be used in the future for supply chain,...…

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Necto raises $8m in Seed funding

New York and Singapore based corporate banking API aggregator raised $8m in Seed funding led by Nyca Partners.

"Premium Banking APIs are transforming global payments and cash management operations, which have historically been supported through...…

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Shadow raises $9m in Seed funding

New York based crypto data platform startup raised $9m in Seed funding led by Paradigm.

"The problem that we are solving is that blockchains are fundamentally a new type of database, but it's still far too difficult to work...…

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Valid8 raises $8.5m in Series A funding

Colorado based AI-powered forensic accounting company raised $8.5m in Series A funding led by Silverton Partners.

"Forensic accountants and attorneys require certainty in their investigations, which is why it may take months or even years to uncover...…

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