News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Boom raises $4.5m in Seed funding

New York based rent reporting platform raised $4.5m in Seed funding led by Starting Line.

"We invested heavily into building our end-to-end software solution for rent reporting and consumer app layer and now we’re focused on...…

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Qflow raises £7.2m in Series A funding

London based environmental management platform for construction raised £7.2m in Series A funding led by Systemiq Capital.

“Construction is one of the most carbon intensive industries in the world. And it’s a bit of a nightmare to decarbonize because there are...…

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Transak raises $20m in Series A funding

New York based web3 payments startup raised $20m in Series A funding led by CE Innovation Capital.

"A Web3 platform can embed Transak’s payment and onboarding infrastructure to make it easier for users to buy and sell crypto assets in a...…

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Vartana raises $20m in Series B funding

San Francisco based B2B sales closing and financing startup raised $20m in Series B funding led by Activant Capital.

“Vartana is a win-win for sellers and buyers of SaaS services and hardware products. It gives vendors new tools to close contracts and...…

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Fabrick raises €40m in new funding

Italy based embedded finance startup raised €40m in new funding led by Mastercard.

“We have already made payments a core asset of our platform, but today with even greater intensity we will be able to define a new and...…

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Magic raises $52m in new funding

San Francisco based wallet-as-a-service provider raised $52m in new funding led by PayPal Ventures.

“One of the biggest barriers to entry in Web is onboarding. Writing down a seed phrase on a piece of paper is backwards, like burying...…

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NomuPay raises $53.6m in new funding

Ireland based payments business formed from the pieces of Wirecard raised $53.6m in new funding led by Finch Capital.

“While card schemes have created ubiquity, it’s hard to expand globally. For example, if I go to Turkey, I still need to open a merchant...…

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Hostaway raises $175m in new funding

Toronto based maker of vacation rental management software raised $175m in new funding led by PSG Equity.

"They honed in on vacation rentals and hospitality because, in 2015, the landscape in that market looked fairly open. Airbnb was on a...…

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CUR8 raises £5.3m in Preseed funding

UK based market making platform for carbon removals raised £5.3m in Preseed funding led by Google Venture. 

“I’ve been working in climate science for 30 years and it can be easy to feel overwhelmed and pessimistic about the 2050 net-zero...…

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HostGPO raises $6m in new funding

L.A. based group purchasing platform for vacation property hosts raised $6m in new funding led by Navitas Capital.

"As a previous vacation rental operator, buying furniture and supplies was extremely challenging for me. With our investment partners...…

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XFlow raises $10.2m in pre-Series A funding

India based cross-border payments startup raised $10.2m in pre-Series A funding led by Square Peg.

“While payments within India are supported through the UPI infrastructure built by the government, sending money to, and receiving money...…

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Gemini, Genesis want SEC complaint dismissed

The SEC in January charged Genesis and Gemini with selling unregistered securities, pointing to the contract called a Master Digital Loan...

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PayPal enables crypto transfers

Venmo-ing crypto is already here — the latest development in PayPal's nearly one-year-old service enabling on-chain transfers. It's...

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Ripple wants to integrate CBDCs with DeFi

Ripple, the issuer of the sixth-largest cryptocurrency, XRP, said it’s seeking to integrate  Central Bank Digital Currency with DeFi...

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Solana launches ChaptGPT plugin

Solana, a Layer 1 blockchain known for its fast and cheap transactions, is embracing the nascent world of artificial intelligence in a...

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Pyrpose raises $1.1m in pre-Seed funding

Geneva based platform allowing consumers to invest in climate projects raised $1.1m in pre-Seed funding led by CV VC.

“Our purpose is to reduce carbon emissions. We do this by enabling what we call “now gens” - or climate conscious consumers - to directly...…

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Trade Ledger raises £3m in new funding

UK based credit management automation company raised £3m in new funding led by Barclays Bank.

“Businesses need access to reliable, flexible finance now more than ever. Investing in and implementing the Trade Ledger Platform will...…

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Checkmate raises $15m in Series A funding

Los Angeles based automated savings platform for online shopping raised $15m in Series A funding led by GV.

“The last decade has seen a boom in e-commerce, but our shopping experience hasn’t changed until now. We strongly believe in Checkmate’s...…

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Kapital raises $20m in Series A funding

Mexico based business financial management software company raised $20m in Series A funding led by Niya Partners.

“You need to organize the business first, and then it’s going to grow,” Saul said in an interview. “That’s what we’re doing. We aren’t...…

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Sastrify raises $32m in Series B funding

Germany based SaaS subscription management platform raised $32m in Series B funding led by Endeit Capital.

“As a result of the rise of SaaS solutions, accelerated Digital Transformation due to Covid and the current global economic climate,...…

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Nymbus raises $70m in Series D funding

Florida based banking infrastructure company raised $70m in Series D funding led by Insight Partners.

“While banks and credit unions require a robust technology stack to support operations, the market is limited to options that are often...…

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Tools for Humanity raises $115m in growth funding

San Francisco based lead developer of Worldcoin raised $115m in growth capital led by Blockchain Capital.

“As we embark on the age of AI, it is imperative that individuals are able to maintain personal privacy while proving their humanness. In...…

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Num Finance raises $1.5m in new funding

Argentina based issuer of local stablecoins in Latin America raised $1.5m in new funding led by Reserve.

Num Finance says it will expand its stablecoin offerings with tokens pegged to the Brazilian real, Colombian peso, Mexican peso and...…

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Skorlife raises $4m in Seed funding

Indonesia based credit score transparency company raised $4m in seed funding led by Hummingbird Ventures.

Skorlife’s app shows users their credit scores and reports from Indonesia’s credit bureaus and gives personalized advice on how they can...…

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Kigo raises $6.5m in new funding

Minnesota based crypto loyalty and NFT discovery platform raised $6.5m in new funding led by Valor Siren Ventures.

"The tremendous promise of digital assets unlocks newly possible customer connections and community experiences."

Pesto raises $11m in new funding

San Francisco based asset-backed consumer credit card startup raised $11m in new funding led by Activant Capital.

“Pesto is on a mission to help all Americans find an alternative to high interest rate loans by providing a straightforward way to secure...…

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Paydock raises £25m in Series A funding

UK based payment orchestration platform raised £25m in Series A funding led by Silverstripe Investment Management.

“Paydock has developed a powerful platform that offers unparalleled flexibility, security, and reliability.”

OpenFin raises $35m in Series D funding

New York based enterprise OS for financial institutions raised $35m in Series D funding led by Bank of America.

“We realised that the problem that we were solving wasn’t a financial problem specifically. It’s really an enterprise problem… where you...…

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Episode Six raises $48m in Series C funding

Texas based provider of payment processing and digital ledger infrastructure raised $48m in Series C funding led by Avenir.

“For CTOs and heads of product who want to grow their books and create competitive products, our platform allows them to launch new...…

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Plenty raises $2.8m in pre-Seed funding

San Francisco millennial couples-focused wealth management company raised $2.8m in pre-Seed capital led by Phenomenal Ventures.

“Where we play is a focus on a median household earning over $90,000 or even in the low $100,000s a year.”

Sort raises $3.5m in Seed funding

San Francisco based Web3 app development infrastructure company raised $3.5m in Seed funding led by Lemniscap.

The funding will give us ample financial runway to expand our product portfolio, add firepower to our team and drive mainstream dApp...…

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Onyx Private raises $4m in new funding

Miami based digital bank focused on affluent young professionals raised $4m in new funding led by Village Global.

“The goal for Onyx is to build a more modern, more accessible private bank and democratize the tools that today are only available to the...…

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Ballerine raises $5m in Seed funding

Tel Aviv based open source KYC software company raised $5m in Seed funding led by Team8.

“The goal here is to verify that the business is legitimate and that the people opening the account or applying for the loan are...…

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Manigo raises $5.3m in new funding

London based fintech infrastructure startup raised $5.3m in new funding from unnamed investors.

“We are building a platform and brand that stands the test of time and proves that fintech infrastructure can be reliable and have a...…

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Strike Graph raises $7m in new funding

Seattle based compliance automation company raised $7m in new funding led by Bamcap.

“Even in a difficult economic environment, a product like Strike Graph is tied to revenue, meaning that we’re a requirement for continued...…

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Unlimited raises $8m in Series A funding

New York City based alternative investing platform raised $8m in Series A funding led by FirstMark.

“Since the successful launch of HFND, we have heard from investors and financial advisors who want access to more alternative strategies...…

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Nue.io raises $9m in Seed funding

California based pricing and sales software raised $9m in Seed funding led by Bluefish Ventures.

"Our mission at Nue is to help businesses innovate and thrive with powerful quoting and billing that are easy to deploy and use without...…

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Tyme raises $78m in Series C funding

South Africa based digital bank raised $78m in Series C funding led by Norrsken22.

“Tyme has continually pushed forward the evolution of banking. Tyme was the first bank in South Africa to be operated fully off a...…

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PYOR raises $4m in Seed funding

Delaware based crypto data and insights company raised $4m in Seed funding led by Castle Island Ventures.

"Since launching PYOR last year, we've been laser-focused on building the industry standard for digital asset platforms. Unlike most...…

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Kiwi raises $4.5m in Series A funding

Puerto Rico based consumer credit-building company raised $4.5m in Series A funding led by Advent-Morro Equity Partners.

Kiwi is dedicated to helping consumers build credit history and improve financial literacy.

Bloom Finance raises C$7m in Series A funding

Toronto based home equity solution for homeowners over age 55 raised C$7m in Series A funding led by SixThirty Ventures.

“The equity release market has been lacking in innovation everywhere.”

FlowX.AI raises $35m in Series A funding

New York based app modernization platform for financial services organizations raised $35m in Series A funding led by Dawn Capital.

“Whatever good things were promised [in previous integration and digital transformation projects], no-code doesn’t work in the...…

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Restaurant365 raises $135m in growth funding

California based restaurant management software raised $135m in growth funding led by KKR.

“R365 has achieved continuous, accelerated growth, which is a testament to our strong team who is eager to change the restaurant industry...…

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Jia raises $4.3m in Seed funding

Los Angeles based blockchain SME financing firm for emerging markets raised $4.3m in Seed funding led by TCG Crypto.

“The idea is to provide affordable financing for micro-businesses, and when they repay, they become owners by getting token rewards,”...…

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Vault raises $5m in Seed funding

Canada based online banking platform for SMBs raised $5m in Seed funding led by Gradient Ventures and Fin Capital.

"We're very impressed by the banking functionality Vault offers. I have saved both time and thousands of dollars on annoying bank fees...…

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Mitiga Solutions raises $14.4m in Series A funding

Barcelona based climate risk modeling startup raised $14.4m in Series A funding led by Kibo Ventures. 

“Traditionally, risk modelling companies, whether they come from the insurance or the financial sector, they’ve been using more...…

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Obie raises $25.5m in Series B funding

Chicago based insurtech focused on residential real estate investors raised $25.5m in Series B funding led by Battery Ventures. 

“Our bread and butter is the 1-4 unit single-family rental market and we offer coverage in all 50 states,” Aaron added. “There are over...…

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Percent raises $29.7m in Series B funding

New York based credit marketplace raised $29.7m in Series B funding led by White Star Capital. 

“The global private debt market is massive, and its growth shows no signs of slowing. Percent is developing the first ever end-to-end...…

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Axis raises $8.25m in Seed funding

Cairo based mobile wallet and digital payments platform raised $8.25m in Seed funding led by Tiger Global, Sawari Ventures and Raba.

“Think of us like an M-Pesa for small businesses in Egypt. We help these small businesses that are heavily cash reliant and pay their...…

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Bolttech raises $196m in Series B funding

Singapore based insurtech startup raised $196m in Series B led by Tokio Marine.

“Overall, we can help any kind of business — whether they are insurers, brokers, agents or non-insurance businesses like telcos,...…

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Jenfi raises $6.6m in growth funding

Singapore based equity financing platform raised $6.6m in growth funding led by Headline Asia. 

In a statement, Headline Asia partner Aki Okamoto and principal Jonathan M. Hayashi, said “We have been continuously conducting research...…

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Aibidia raises €13m in Series A funding

Helsinki based transfer pricing platform raised €13 million in Series A funding led by DN Capital and FPV Ventures.

Hannu-Tapani Leppänen, Aibidia CEO commented: “At Aibidia we’re helping solve one of the biggest problems for multinational companies....…

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Spiff raises $50m in Series C funding

Salt Lake City based sales commission software maker raised $50m in Series C funding led by Salesforce Ventures.

“We’ve seen a lot of commission plans change,” Paul told TechCrunch. “Incentives end up driving a lot of the behavior of your...…

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Zip raises $100m in Series C funding

San Francisco based B2B procurement fintech raised $100m in Series C funding led by Y Combinator. 

“We continue to invest in Zip because we believe in this outstanding team’s ability to achieve their mission to solve a ubiquitous...…

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Avenue One raises $100m in growth funding

New York based provider of real estate management platform for institutions raised $100m in growth funding led by WestCap.

"Today we stand on the shoulders of these world-class investors who have committed to supporting our work with local real estate...…

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Maker launches Spark lend protocol

To enhance control and encourage the adoption of Dai, Maker launched Spark Lend, its proprietary downstream lending protocol. This...

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Range raises $12m in Series A funding

Virginia based AI WealthTech platform raised $12m in Series A funding led by Gradient Ventures. 

"In one case a customer asked an advisor how President Biden's 2024 budget proposal might impact them. The AI was able to synthesize what...…

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Salsa raises $10m in new funding

San Francisco based embedded payroll company raised $10m led by Greycroft, Better Tomorrow Ventures and Definition.

“They all really hate running payroll. It’s also the last piece that hasn’t gotten better over time. The landscape of legacy payroll...…

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Cable raises $11m in Series A funding

San Francisco based fraud detection and automation startup raised $11m in Series A funding led by Stage 2 Capital and Jump Capital.

“Fintechs have to work with banks to, in essence, borrow their license. That’s where we’re finding real traction and one of the areas...…

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ThreatFabric raises €11.5m in Seed funding

Netherlands based fraud detection company raised €11.5m in Seed funding led by ABN Amro and Motive Ventures.

"ThreatFabric’s background in fraud-based threat intelligence allows it to define attacks paths proactively through continuous threat...…

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Charlie raises $7.5m in new funding

California based neobank for the 62+ community raised $7.5m in new funding led by Better Tomorrow Ventures.

“That’s why we have so many repetitive neobanks, social investing apps, etc. Meanwhile you can probably count on one hand the number of...…

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Firmbase raises $12m in new funding

Tel Aviv based financial planning and analysis platform raised $12m in new funding led by S Capital.

"Firmbase’s SaaS platform incorporates collaboration and permissions features so all parts of the business can work together to produce...…

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Prewave raises €18m in Series A+ funding

Austrian supply chain tech startup raised €18m in Series A+ funding led by Creandum.

"Prewave touts itself as a holistic supply chain risk platform that spans 'every phase of the risk lifecycle,' through identifying,...…

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Inbox Health raises $22.5m in Series B funding

Connecticut based patient billing communications platform raised $22.5m in Series B funding led by Ten Coves Capital.

"It's humbling to recognize the number of patients who still struggle with frustrating billing experiences and see how many providers and...…

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Liquidity Group raises $40m in new funding

New York based provider of large debt facilities and equity deployment solutions raised $40m in new funding led by MUFG.

"The growth financing market has exploded in recent years with players like Wayflyer and Uncapped appearing, but whether they will...…

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Slash raises $19m in Seed and Series A funding

San Francisco based online banking platform aimed at solo entrepreneurs raised $19m in Seed and Series A funding led by NEA. 

“The goal is for Slash’s suite of products to be so robust that it gives people who otherwise wouldn’t have taken the leap toward...…

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Setscale raised $9.5m in Seed funding

Miami based purchase order financing platform raised $9.5m in Seed funding from Fin Capital, Great Oaks, Mantis, WndrCo, Ethos, and Jaws.

Coming out of stealth, Setscale’s leadership team is rounded out by Jesse Roth, Chief Business Officer and General Counsel, Tami Mohney,...…

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Frost raises £2m in new funding

England based e-wallet provider raised £2m in new funding from a crowdfunding campaign.

"Across Britain, everyone is worried about the cost-of-living crisis but tools like Frost are helping to give individuals more power to...…

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Aligned raises $6m in Seed funding

Tel Aviv based B2B buyer-seller network raised $6m in Seed funding led by Hetz Ventures.

“B2B buying and selling is a chaotic process involving numerous stakeholders and often months of back and forth, with many blind spots...…

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Kiwi raises $6m in pre-Seed funding

India based credit card platform raised $6m in pre-Seed funding led by Nexus Venture Partners.

"With more than 30 crore unique users and 5 crore businesses signed up on the platform, UPI has emerged as India's most inclusive method...…

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Kreditz raises €10m in new funding

Sweden based credit scoring and verification service raised €10m in new funding led by Ingka Investments.

“Open-banking-enabled credit and risk insights is an area we believe can add value to Ingka’s financial services proposition in the...…

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Novidea raises $50m in Series C funding

Israel based insurance policy and distribution platform raised $50m in Series C funding led by Battery Ventures.

"While businesses globally adjust to dealing with a pronounced increase in risk—driven by geopolitical, economic, and other events—the...…

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Tarabut Gateway raises $32m in Series A funding

Saudi Arabia based open banking company raised $32m in Series A funding led by Pinnacle Capital.

“Open banking is reshaping the financial landscape in KSA and the wider Middle East, and we at Tarabut Gateway are proud to be at the...…

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InvestorHub raises $4m in new funding

Melbourne based shareholder engagement platform raised $4m in new funding led by EVP.

“Retail investors account for up to 80% of the daily trades of any given company, so the fact that issuers don’t have the means of...…

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Nomba raises $30m in new funding

Nigeria based payment services company raised $30m in new funding led by Base10 Partners.

“Our core focus has been figuring out how to help small businesses essentially scale. A lot of that is hinged on what kind of software...…

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