News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Open Payments raises €3m in growth funding

Sweden based open banking platform raised €3m in growth funding led by Industrifonden.

Open Payments CEO and founder Louise Brandt said, "We see an increasing demand from leading accounting and ERP systems and other...…

Read More…

Presta raises $3.3m in growth funding

Ohio based digital lending platform raised $3.3m in growth funding led by Distributed Ventures. 

“A major industry pain point we continuously hear from lenders is the need to bring their lending processes into the 21st century....…

Read More…

Finverity raises $5m in growth funding

London based trade supply chain finance platform raised $5m in growth funding led by Outward VC, Acrobator Ventures and s16vc founders fund.

“When we started this fundraise the market was just starting to go through a rough spot, so there was a lot of talk about negative...…

Read More…

Salt Labs raises $10m in pre-Seed funding

New York based rewards platform for hourly workers raised $10m in pre-Seed funding led by Fin Capital. 

“The mission of Salt Labs is to enable hourly workers to own the long-term value of their work,” Lee said via email. “Salt Labs believes...…

Read More…

Zorro raises $11.5m in Seed funding

New York based health care benefits company raised $11.5m in Seed funding co-led by Pitango and 10D.

Zorro CEO and co-founder Guy Ezekiel said, “Zorro sits at the exciting intersection of the healthcare and financial sectors, and we’re...…

Read More…

Orb raises $19.1m in Series A funding

San Francisco based billing automation startup raised $19.1m in Series A funding led by Menlo Ventures. 

“We found it counterintuitive that billing tools often constrain and dictate what teams can try out,” Morales told TechCrunch in an email...…

Read More…

Ledger raises €100m in growth funding

Paris based crypto hardware wallet maker raised €100m in growth funding led by True Global Ventures, Digital Finance Group and VaynerFund.

Eric Larchevêque, CEO at Ledger, explained: “We initially designed our Ledger hardware wallet as an enabler for the blockchain...…

Read More…

Agreena raises €46m in Series B funding

Copenhagen based climate fintech firm raised €46 million in Series B funding led by HV Capital. 

“In order for the world’s farmers to transition to regenerative agriculture and create a scalable climate impact, the financial rails to...…

Read More…

Sarna raises $2.5m in Seed funding

Chicago based trading and investing platform raised $2.5m in Seed funding led by by Simplex and Motivate Ventures.

“Across their myriad of trading and investing solutions, we’ve seen the Sarna team’s thoughtful and visionary goals for the options,...…

Read More…

Payday raises $3m in Seed funding

Kigali and Vancouver based pan-African neobank raised $3m in Seed funding led by Moniepoint. 

“We are building TransferWise for Africa; we want our customers to move money faster with the bank accounts and cards we issue. Other...…

Read More…

Markerr raises $6.6m in Series B funding

New York based analytics platform for institutional real estate owners raised $6.6m in Series B funding led by RET Ventures.

“The real estate industry has the opportunity to achieve tremendous efficiencies and growth by incorporating actionable, real-time data...…

Read More…

Playbook raises $7m in Series A funding

San Francisco based Gen Z and millennial-focused personal finance app raised $7m in Series A funding led by Telstra Ventures.

"We try to help people understand there aren’t just two options out there—YOLO into crypto or put it in a savings account," said Hegarty.

EigenLayer raises $50m in Series A funding

Seatlle based ethereum restaking protocol raised $50m in Series A funding led by Blockchain Capital. 

"We started working on EigenLayer in the hopes of creating a new model, in which developers can easily consume trust, instead of needing...…

Read More…

Nimbbl raises $3.5m in Seed funding

India based one-click checkout startup raised $3.5m led by Sequoia Capital India, Global Founders Capital and Groww. 

“We felt that this problem needed to be solved from scratch, and we need to compress thinking on how to go about solving it,” Pandey said.

Cega raises $5m in growth funding

Singapore based crypto derivatives startup raised $5m in growth funding led by Dragonfly Capital. 

“The team is excited to create never before seen products in DeFi that are high performing and offer users strong risk-adjusted yield. We...…

Read More…

StellarFi raises $15m in Series A funding

Austin based bill payment tool raised $15m in Series A funding led by Acrew Capital.

“We’re going to find you the best rate that you wouldn’t be able to find yourself out in the free market. The reason we’re able to get...…

Read More…

Spiral raises $28m in Series A funding

New York based impact-as-a-service platform for financial institutions raised $28m in Series A funding led by Team8. 

“We realized that our innovative impact products are game-changer differentiators for banks, credit unions, and financial institutions...…

Read More…

Toku raises $7m in Seed funding

Chile based payments firm raised $7m in Seed funding led by F-Prime Capital. 

"The payment landscape in LatAm is highly fragmented, with 38 countries using their own payment infrastructure and over 39 currencies....…

Read More…

Thunes raises $30m in Series C funding

Singapore based cross-border payments startup raised $30m in Series C funding led by Marshall Wace. 

“Our conversations with global investors are constant and ongoing, and as we continue to engage with them, we see a strong interest in...…

Read More…

Raisin raises €60m in growth funding

Berlin based savings and investment startup raised €60m in growth funding led by M&G’s Catalyst and Goldman Sachs. 

“The investment marks another important step in our objective to provide savers throughout the European Union, the United Kingdom and the...…

Read More…

Janus Healthcare raises $45m in growth funding

New York based revenue cycle management company raised $45m in new funding led by Enhanced Healthcare Partners.

"Janus has been very capital efficient, and despite it growing like a weed it has been operating with a bootstrap mentality."

Focalpay raises $1.5m in new funding

Stockholm based retail operations and payments platform raised $1.5m in new funding led by SKEL.

“At SKEL we look for innovation and value creation and we keep our eyes open for opportunities that challenge traditional industries and...…

Read More…

Kredivo raises $270m in Series D funding

Indonesia based provider of credit to underbanked consumers raised $270m in Series D funding led by Mizuho Bank.

“Kredivo has a stellar track record in Southeast Asia, leveraging on its deep data partnerships to promote financial inclusion within...…

Read More…

Rain raises $66m in Series A funding

Los Angeles based earned-wage access company announced it raised $66 million in Series A funding led by QED.

“This benefit, also known as ‘income streaming,’ allows workers to access their pay shortly after completing a shift instead of waiting...…

Read More…

CrossX raises $6.35m in Seed funding

New York based crypto trading venue from Crossover Markets raised $6.35m in Seed funding led by Two Sigma.

"As the digital assets space evolves, diverse and reliable execution venues for institutional trading are critical."

Gryfyn raises $7.5m in new funding

Decentralized custodial wallet joint venture between Animoca Brands and Hex Trust raised $7.5m in new funding led by Liberty City Ventures.

"Gryfyn is a major part of our efforts to bring mass adoption closer by providing high-quality user experiences on top-tier products in...…

Read More…

Turnkey raises $7.5m in Seed funding

New York based maker of private key infrastructure for crypto developers raised $7.5m in Seed funding led by Sequoia Capital.

Turnkey is aiming itself as a developer-first tool that allows users to "generate hundreds of wallets and sign thousands of transactions...…

Read More…

Caramel raises $12m in Seed funding

Los Angeles based checkout platform for car sales raised $12m in Seed funding led by Zeev Ventures.

“We’re focused on making it the norm in private party and independent dealer car sales to have a simple, secure modern sale.”

ID Finance raises €30m in new funding

Spain based alternative lending company raised €30m in new funding led by Kingsway Capital.

"ID Finance has a proven track record of using technology and data analytics to create innovative financial products, and we believe they...…

Read More…

Togal.AI raises $5m in Series A funding

Florida based provider of construction estimating software raised $5m in Series A funding led by Florida Funders.

The company intends to use the funds to expand its hiring and ongoing product development efforts.

Gravie raises $179m in growth funding

Minneapolis based employer health benefits company raised $179m in growth funding led by General Atlantic.

"We are on a journey to help improve health benefits for businesses and their employees, and we are just getting started."

Monite raises $5m in Seed funding

Berlin based embedded B2B payments company raised $5m in Seed funding led by Third Prime.

"Digitalizing finance workflows through existing SaaS players is a game-changer, and we allow our clients to become an all-in-one...…

Read More…

Credable raises $2.5m in Seed funding

Tanzania based digital banking infrastructure company raised $2.5m in Seed funding led by The Continent Venture Partners.

“Rather than try to create a new channel to bank these customers, we aim to enable these channels through a B2B2C offering that provides...…

Read More…

Cast.ai raises $20m in new funding

Miami based automation and cost management company raised $20m in new funding led by Creandum.

“This funding is just in time to take advantage of the tremendous opportunity in the market as more and more companies transition to...…

Read More…

Recognise Bank raises £25m in growth funding

UK based SME lender and savings company raised £25m in growth funding led by PV27.

"Our parallel investment in building our technology capabilities is already delivering service and efficiency improvements, all of which...…

Read More…

PhonePe raises $200m in growth funding

India based payments and financial services firm raised $200m in growth funding led by Walmart.

“We are excited about PhonePe’s future and have confidence in how it continues to expand its offerings and provide access to financial...…

Read More…

Rippling raises $500m in Series E funding

San Francisco based employee onboarding and workforce management company raised $500m in Series E funding led by Greenoaks.

“We’re still in a position where there are a bunch of investors that seemed to be very interested in owning more of Rippling and have...…

Read More…

Cast.ai raises $20m in new funding

Miami based automation and cost management startup raised $20m in new funding led by Creandum.

“We decided to build a platform that would help companies automatically optimize and reduce their cloud costs — without manual...…

Read More…

PhonePe raises $200m in growth funding

India based payments and financial services firm raised $200m in growth funding from Walmart.

“We are excited about PhonePe’s future and have confidence in how it continues to expand its offerings and provide access to financial...…

Read More…

Soul Wallet raises $3.1m in Seed funding

Santa Monica based self-custodial crypto wallet maker raised $3.1m in Seed funding led by Struck Crypto.

"Soul Wallet brings important innovation to the Ethereum community in the form of account abstraction and social recovery, enabling users...…

Read More…

Wingspan raises $14m in Series A funding

New York based payroll platform for managing freelancers raised $14m in Series A funding led by Andreessen Horowitz.

“Behind each independent contractor is an individual vendor, W9, 1099, e-signature, background check and a reconciliation process — a...…

Read More…

Parker raises $37m in new funding

SF based corporate credit card startup for e-commerce businesses raised $37m in new funding led by Valar Ventures.

“We imagined building better financial products for e-commerce founders with the mission of increasing the number of financially...…

Read More…

Fairmatic raises $46m in new funding

San Francisco based commercial auto insurtech startup raised $46m in new funding led by Battery Ventures.

“Having spent about a decade of my career at Google and Facebook, I quickly noticed the negative externalities of the technology I...…

Read More…

Smooth Labs raises $2m in Seed funding

 Singapore based  blockchain infrastructure startup raised $2m in Seed funding led by NGC Ventures.

"Smooth is a high-performance module that enhances the transactions per second or TPS of Layer 2 networks and application-specific...…

Read More…

CNHC Group raises $10m in new funding

Hong Kong based issuer of the CNHC stablecoin raised $10m in new funding led by KuCoin Ventures.

"The CNHC stablecoin was launched in 2021 for use cases including money transfers and cross-border trade settlements. It is currently...…

Read More…

Payabli raises $8m in new funding

Miami based payments infrastructure firm focused on vertical SaaS platforms raised $8m in new funding led by TTV Capital.

"We started Payabli as an API-first payment infrastructure ecosystem to help software companies become payment companies and monetize...…

Read More…

Aeqium raises $5.8m in Seed funding

San Francisco based compensation management platform raised $5.8m in Seed funding led by Vestigo Ventures and Ridge Ventures.

"The system provides a unified view for understanding compensation by pulling data from disparate HR and finance systems via HRIS,...…

Read More…

Broom raises $10m in Seed funding

Indonesia based auto-financing startup raised $10m in Seed funding led by Openspace Ventures.

“The traditional approach is more like opening mom and pop stores, where sellers need to wait for their inventory to get sold [to end...…

Read More…

Apexx Global raises $25m in Series B funding

London based payments orchestration platform raised $25m in Series B funding led by MMC Ventures.

"We‘ve seen strong growth across international markets, delivering significant cost savings and transaction conversion benefits."

Tilia raises $22m in new funding

US based payments firm focused on serving metaverse projects and digital world platforms raised $22m in new funding led by JPMorgan.

“The rise of user-generated content (UGC) across gaming worlds, social platforms and beyond means that we need a way for users to pay...…

Read More…

Tweed raises $4m in Seed funding

New York and Tel Aviv based wallet and payment solution platform raised $4m in Seed funding led by Accel.

“More businesses are accepting crypto payments and incorporating web3 experiences than ever before. However, this new era of web3 payment...…

Read More…

ECSA raises $3m in growth funding

Brazil based stablecoin issuer raised $3m in growth funding led by Y Combinator and Arca.

"Funding currencies such as USD and EUR are already well-represented on-chain, we are completing the equation," said Joao Aguiar,...…

Read More…

Gyroscope raises $4.5m in Seed funding

London based stablecoin startup raised $4.5m in Seed funding led by Placeholder VC and Galaxy Ventures.

"The GYD stablecoin has a novel all-weather reserve design, where this asset reserve intends to diversify risk to the greatest extent...…

Read More…

Tweed raises $4m in Seed funding

New York City based white-label crypto wallet and payments company raised $4m in Seed funding led by Accel.

“That goes back to the main problem in the space right now. The user experience remains the top problem in any company, brand, platform...…

Read More…

Cubist raised $7m in Seed funding

California based web3 infrastructure startup raised $7m in a Seed funding led by Polychain Capital.

"The thing that really got us excited at first was playing around with existing tooling and realizing just how much it left you twisting...…

Read More…

Yoti raises £10m in growth funding

London based digital identity company raised £10m led by Lloyds Banking Group.

Kirsty Rutter, fintech investment director at Lloyds Banking Group, says: “We know how important fintechs and technology partners are for...…

Read More…

Synctera raises $15m in growth funding

California based banking-as-a-service startup raised $15m in growth funding led by NAventures.

“Our goal is to do so in a way that makes it easy, fast and flexible to scale features and engagement on the fintech side while also...…

Read More…

Proven raises $15.8m in Seed funding

California based developer of zero-knowledge proofs of solvency raised $15.8m in Seed funding led by Framework Ventures.

“The last few months have highlighted an issue that has long plagued both traditional financial and digital asset firms – efficiently...…

Read More…

Vantage raises $21m in Series A funding

New York City based cloud infrastructure spend management startup raised $21m in Series A funding led by Scale Venture Partners.

As Schaechter told me, Vantage is also profiting from the current downturn in the financial markets. Not only has FinOps become a thing,...…

Read More…

Elyn raises €2.5m in pre-Seed funding

France based 'try-before-you-buy' startup raised €2.5m in pre-Seed funding led by Headline and Sequoia Arc.

“With try-before-you-buy, you only pay for what you decide to keep,” Elyn co-founder and CEO El Mehdi Hachad told TechCrunch. “We are...…

Read More…

Barley raises $4m in Seed funding

Toronto based compensation management platform raised $4m in Seed funding led by Golden Ventures.

“Compensation is a company’s biggest expense, but comp management is often treated as a mere admin task. In 2023, companies have software...…

Read More…

Fynn raises $11m in Seed funding

Delaware based financing platform for vocational roles raised $11m in Seed funding led by Y Combinator and Susa Ventures.

“Some jobs like diesel mechanics have four-month training programs, and others like welding might be a year,” Menees said. Those periods...…

Read More…

Kresus raises $25m in Series A funding

France based developer of a crypto "super app" raised $25m in Series A funding led by Liberty City Ventures.

On the other hand, Ryan Chou, Investment Principal at JetBlue Ventures commented: “Web3 has the potential to have a profound impact...…

Read More…

Till Payments raises $46m in Series D funding

Australia based payments technology startup raised $46m in Series D funding led by Silva Fortune.

“Till’s existing investors have demonstrated their confidence in our plans for the company and our renewed and prudent approach to...…

Read More…

Ramp raises $5m in Seed funding

London based provider of forecasting analytics for finance teams raised $5m in Seed funding led by AlbionVC and Eurazeo.

“Our platform dramatically increases the accuracy of revenue forecasting in a fraction of time it would take in spreadsheets,” said Ramp...…

Read More…

N2F raises €24m in growth funding

Paris based provider of expense management software raised €24m in growth funding led by PSG Equity.

Nicolas Dubouloz, CEO of N2F, says, “We believe that this partnership with PSG marks the beginning of a new phase of growth for our...…

Read More…

SpotDraft raises $26m in Series A funding

New York based contract lifecycle management startup raised $26m in Series A funding led by Premji Invest.  

“The capital we raised allows us to capture the market opportunity as it evolves over the next several years,” Bijapur, who serves as...…

Read More…

Highway Benefits raises $3.1m in Seed funding

Los Angeles based employee benefits startup raised $3.1m in Seed funding led by XYZ Venture Capital.

Mick MacLaverty, Co-Founder & CEO, stated that this year is a crucial one for student loans, as loan repayment is expected to resume for...…

Read More…

Relai raises $4.5m in Seed extension funding

Zurich based bitcoin investment platform focused on serving Europeans raised $4.5m in Seed extension funding led by Ego Death Capital.

Earlier this year, Relai also launched a new business operation that allows small and medium-sized businesses to add bitcoin to their...…

Read More…

Trukkr raises $6.4m in growth funding

Pakistan based trucking financing platform raised $6.4m in growth funding led by Accion Venture Lab and Sturgeon Capital.

Sheryar Bawany, Trukkr CEO and co-founder, told Reuters that it was looking to launch financial products at a "reasonable risk adjusted...…

Read More…

Growfin raises $7.5m in Series A funding

Singapore based finance CRM for B2B companies raised $7.5m in Series A funding led by SWC Global.

“Managing receivables and collecting payments are often complex and compound even more as companies grow. Despite the growth of ERPs and...…

Read More…

Candidly raises $20.5m in Series B funding

New York based student debt reduction and employee benefit startup raised $20.5m in Series B funding led by Altos Ventures.

“We exist to crush debt, and to empower hard-working Americans to go beyond student debt, into wellness, and ultimately wealth,” said...…

Read More…

Droit raises $23m in Series B funding

New York based regtech firm raised $23m in Series B funding led by Pivot Investment Partners and UBS Next.

“We believe Droit’s capabilities will help companies unlock potential revenue streams by simplifying and driving real-time regulatory...…

Read More…

Secfix raises €3.6 million in Seed funding

Berlin based cybersecurity company for small and medium-sized businesses raised €3.6 million in Seed funding led by Octopus Ventures.

“We’re excited for this new era of security compliance. With the new funding, our amazing team and our investors’ support, we will be...…

Read More…

Savant Labs raises $11m in Seed funding

California based automation platform for data analysts raised $11 million in Seed funding led by Cota Capital.

“We are building a platform for [business users], and the main impetus behind it is the amount of manual work that goes on in doing...…

Read More…

Metrika raises $4m in Series A funding

Massachusetts based blockchain monitoring platform raised $4m in Series A funding led by M12.

"Financial institutions and regulators are realizing there is a blind spot in their risk management tools to offer crypto products and...…

Read More…

Archway raises $15m in new funding

Seattle based banking platform for community and regional banks raised $15m in new funding led by Madrona.

"Banking infrastructure is heavily regulated, and many banks have systems that work well for the business of running the bank but are not...…

Read More…

Quantifind raises $23m in new funding

California based provider of financial crimes risk management software raised $23m in new funding led by DNS Capital.

"As the financial markets continue to evolve, it is critical for risk management teams to develop dynamic detection capabilities to...…

Read More…

Equisoft raises $125m in growth funding

Montreal based maker of software for insurers raised $125m in growth funding led by Investissement Québec.

“We believed that there was a significant opportunity to continue to grow our customer base across the life insurance, wealth and asset...…

Read More…

YC's 2023 top private company rankings

FTC portfolio companies Flutterwave, Fondeadora, Axoni, and OpenSea were all named as top private companies of 2023.

Since 2005, YC has funded over 4,000 startups, including many that have become household names.