News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Percayso raises £2.7m in new funding

United Kingdom based provider of insurance intelligence services raised £2.7m in new funding led by Neil Utley.

“We’re delighted to welcome Neil as an investor. He has a breadth of experience and knowledge to share from his 30 plus years of working...…

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DebtBook raises $12.5m in Series A-1 funding

Charlotte based debt, lease, and subscription management software company raised $12.5m in Series A-1 funding led by Elephant Partners.

"At DebtBook, we wake up every day excited by the challenge of delivering world-class software that empowers public servants to do their...…

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GlossGenius raises $28m in Series C funding

New York based spa and salon booking and payments platform raised $28m in Series C funding led by L Catterton.

“As one of the fastest-growing software companies in the space now powering billions of dollars of annual transaction activity,...…

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Licify raises $3.4m in Seed funding

Bogota based construction procurement and payments startup raised $3.4m in Seed funding led by  Brick & Mortar Ventures.

“At Licify, our mission is to empower and connect the construction industry in Latin America by providing them with world-class...…

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SuperFi raises €900k in Pre-Seed funding

London based debt management startup raised €900k in Pre-Seed funding led by Ascension.

"Our goal is to help millions of people struggling to pay their bills and credit commitments better manage their debt before it becomes a...…

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Auxilo Finserve raises $57m in growth funding

Mumbai based education financing startup raised $57m in growth funding led by Tata Capital.

“The capital infusion will enable the company to fuel its growth aspirations by expanding its loan base, broadening its product...…

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Croissant raises $24m in Seed funding

Nashville based buyback guarantee startup raised $24m in Seed funding led by Portage Ventures.

“Croissant contributes to a richer, more vibrant commerce experience for everybody,” said CEO John Howard.

Bloom Money raises £1m in Pre-Seed funding

London based rotating savings club startup raised £1m in Pre-Seed funding led by Zinal Growth.

“I saw first-hand the benefits that using ROSCAs can bring people, especially those entering the U.K. who have historically been...…

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Finicast raises $12.8m in Seed funding

San Mateo based business planning and modeling platform raised $12.8m in Seed funding led by Celesta Capital.

"Our aim is to equip teams with the tools they need to create and update flexible models, collaborate seamlessly across departments, and...…

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Ennabl raises $8m in Series A funding

Connecticut based data analytics platform for insurance brokers raised $8m in Series A funding led by Brewer Lane Ventures.

“Ennabl’s mission is to provide cutting-edge solutions for insurance brokers and agencies to help them grow their book of business and...…

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MindBridge Analytics raises $60m in growth funding

Ottawa based financial risk discovery platform raised $60m in growth funding led by PSG Equity.

"The company has stated that the fresh investment from PSG Equity will be allocated for 'general corporate purposes.'"

Effectiv raises $4.5m in Seed funding

San Francisco based fraud risk management startup raised $4.5m in Seed funding led by Better Tomorrow Ventures.

“We are well funded now and have a good two-and-a-half years’ worth of runway left,” said CEO Ravi Sandepudi.

Bunker raises $5m in Seed funding

Singapore based financial data analytics startup raised $5m in Seed funding led by Alpha JWC.

“Finance leaders don’t necessarily understand the fundamentals of accounting, while accountants often don’t understand how to use those...…

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Exponential Exchange raises $7.4m in Seed funding

Washington D.C. based vehicle derivatives startup raised $7.4m in Seed funding led by MaC Venture Capital.

"Having investors and strategic partners connected to each side of our multi-sided market is invaluable and will help us kickstart...…

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Foxquilt raises $12m in new funding

Toronto based small business insurtech startup raised $12m in new funding led by ICM.

"This investment reinforces the trust our investors have in our embedded insurance technology and its potential to reshape the way...…

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Trustmi raises $17m in Series A funding

Tel Aviv based payments fraud prevention startup raised $17m in Series A funding led by Cyberstarts.

“Many businesses still rely on manual processes to validate payments, which can be time-consuming and prone to errors,” said CEO Shai Gabay.

Jeeves raises $25m in new funding

Miami based expense management platform raised $25m in new funding led by an undisclosed sovereign wealth fund.

“Contribution profit is the big focus for this year. We want to get that positive in all the countries in which we operate and in all...…

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Sk3w Technologies raises $7m in Series A funding

New Jersey based financial exchange access and auditing startup raised $7m in Series A funding led by Tower Research Ventures.

“We are tremendously proud of the way our technology solves a very real, though intangible-to-many, problem in modern markets, and we...…

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Eflow Global raises £7m in Series A funding

London based regulatory compliance startup for financial institutions raised £7m in Series A funding led by Finch Capital.

“Increasing scrutiny from global regulators has made it imperative for investment firms to automate costly and time-consuming regulatory...…

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Giraffe raises $10.5m in Seed funding

New York based impact investing platform for employees raised $10.5m in Seed funding led by Group 11.

"With the freshly acquired funding, Giraffe plans to further refine its personalized indexing engine and due-diligence algorithm."

Lumi raises $15m in new funding

Sydney based small business lending startup raised $15m in new funding led by Harel Insurance.

“We have always been a technology first company and our massive investment in developing market leading proprietary technology has paid...…

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SquadTrip raises $1.5m in new funding

Tulsa based group trip payment startup raised $1.5m in new funding led by Atento Capital.

“With this investment, we can accomplish our goal of helping 50,000 group travel organizers boost sales and streamline operations," said...…

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Colleen AI raises $3.5m in Seed funding

Florida based AI platform for multifamily real estate payments raised $3.5m in Seed funding led by Wilshire Lane Capital.

"The real estate industry faces a huge collection challenge that can be mitigated with an innovative AI stack," said CEO Itamar Roth.

Whop raises $17m in Series A funding

New York based digital goods marketplace startup raised $17m in Series A funding led by Insight Partners.

“Whop is a comprehensive online platform aimed at connecting sellers and buyers within the digital economy,” said Co-Founder Steven...…

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Bunq raises €100m in growth funding

Amsterdam based neobank for remote workers and digital nomads raised €100m in growth funding led by Pollen Street Capital.

“Our first round was at the peak of the market, and so while we have grown considerably, the market has gone down. But we have been...…

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MyCover.ai raises $1.25m in Pre-Seed funding

Nigeria based open insurance API developer raised $1.25m in Pre-Seed funding led by Ventures Platform.

"We want to grow the size of the insurance pie by bringing more people into the fold through innovative products and better...…

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Radiant Capital raises $10m in new funding

Cross-chain lending and borrowing protocol raised $10m in new funding led by Binance Labs.

"Radiant Capital's mission is to usher in a new era of DeFi focused on providing a seamless, secure and easy-to-use omnichain lending...…

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Cymbal raises $18.5m in new funding

California based provider of blockchain analysis tools raised $18.5m in new funding led by Patron.

“Today, tools like Etherscan are the best in class for looking at the blockchain—but they resemble command line interfaces. We want to...…

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Pox Labs raises $25m in Series A funding

New York based developer of zero-knowledge proof protocols raised $25m in Series A funding led by Polychain Capital.

“Trust and privacy are a key component in web3. ZKP is becoming an essential tool to build these properties into blockchain protocols,"...…

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Collectly raises $29m in Series A funding

California based patient financial engagement company raised $29m in Series A funding led by Sapphire Ventures.

"The bigger pain point for healthcare organizations is that approximately $200 billion of [patient payments] never gets collected," said...…

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Cosmic Wire raises $30m in Seed funding

Miami based startup offering infrastructure products for web3 raised $30m in Seed funding led by Solana.

"Their metaverse SDK solutions significantly reduce development times of high-fidelity, 3D, browser-based metaverse experiences with...…

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Anduin raises $15.6m in Series B funding

San Francisco based relationship platform for private market investors raised $15.6m in Series B funding led by 8VC.

“There is so much untapped opportunity in the private markets” said CEO Eliot Hodges.

PWN raises $2m in new funding

Switzerland based DeFi mortgage protocol raised $2m in new funding.

PWN co-founder Josef Je said, "An infrastructure-building protocol like PWN represents an undeniable opportunity enabling DeFi mortgages...…

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Cognaize raises $18m in Series A funding

New York based AI-powered intelligent document processing startup raised $18m in Series A funding led by Argonautic Ventures.

“The advancements in the field of Large Language Models are thrilling, and Cognaize’s finance-specific LLM is outperforming generic...…

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RISC Zero raises $40m in Series A funding

Seattle based developer of general purpose zero-knowledge technology raised $40m in Series A funding led by Blockchain Capital. 

"Imagine a world where data privacy, security, and trust are no longer concerns," said Bart Stephens of Blockchain Capital.

Karat Financial raises $70m in Series B funding

Palo Alto based financial services platform for creators raised $70m in Series B funding led by SignalFire.

“The Karat card has been a game-changer for both my business and personal finances,” said top chess creator Alexandra Botez.

Bureau raises $4.5m in Series A extension funding

San Francisco based identity verification platform raised $4.5m in Series A extension funding led by GMO Venture Partners.

"Bureau’s approach is to build a single source of truth, with its network of verified identities, all tokenized behind a mobile number,"...…

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Pivot raises €5m in new funding

Paris based company offering procurement solutions raised €5m in new funding led by Visionaries Club.

"Pivot adds to a growing list of CFO stack startups founded by operators in Europe."

Runway raises $27.5m in Series A funding

Los Angeles based strategic financial planning and management platform raised $27.5m in Series A funding led by Initialized Capital. 

“Runway is the first strategic management platform for modern, high-growth technology companies,” said founder Siqi Chen.

Exactera raises $33m in new funding

New York based provider of tax compliance solutions raised $33m in new funding led by Insight Partners. 

"Connecting our team’s deep expertise in tax compliance with the latest developments in AI, Exactera offers the industry’s best tax...…

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Sylvera raises $57m in Series B funding

London based climate intelligence startup focused on carbon credit accounting raised $57m in Series B funding led by Balderton.

“Nobody’s ever — including all the world’s climate scientists — really spent a lot of time and effort really measuring how much carbon is...…

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Tractable raises $65m in Series E funding

London based startup using computer vision to assess property and car damage raised $65m in Series E funding led by SoftBank Vision Fund II.

"Breakthroughs in generative visual AI will allow us to generate synthetic visual data that can accelerate the AI feedback loop when...…

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Ethena raises $6m in Seed funding

Crypto startup developing a stablecoin secured by ethereum derivatives raised $6m in Seed funding led by Dragonfly.

"Ethena has developed a unique approach to ensuring its stablecoin, known as USDe, maintains a stable value relative to the U.S. dollar."

Flash raises $6m in Seed funding

Egypt based cashless payments company raised $6m in Seed funding led by Addition. 

"Our goal is to make payments easier, safer and faster for everyone," said Co-Founder Erik Gordon.

Certificial raises $15m in new funding

North Carolina based provider of business insurance monitoring technology raised $15m in new funding led by Nyca. 

“Certificial has solidified itself at the intersection of the insurance industry and organizations’ risk management functions,” said...…

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Thunes raises $12m in Series C extension funding

Singapore based B2B payments infrastructure platform raised $12m in Series C extension funding led by Visa. 

"Digital wallets play a key role in providing underserved communities with greater economic empowerment and financial inclusion by...…

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Roi raises $3.6m in new funding

San Francisco based investing platform raised $3.6m in new funding led by Spark Capital.

“We think it is important to represent the current market and the modern portfolio of the modern investor, whereas a lot of traditional...…

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Trunk Tools raises $9m in Seed funding

New York based construction-focused earned wage startup raised $9m in Seed funding led by Innovation Endeavors.

“The manufacturing and construction industries have grappled with a labor shortage and productivity crisis that Trunk Tools is solving,”...…

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Narval raises $4m in Seed funding

Paris based web3 wallet usage platform raised $4m in Seed funding led by BlockTower VC.

“Our key feature is what we call our very granular policy engine that sits on any key storage or custody model and that enables...…

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Finres raises €4.1m in Seed funding

Paris based agricultural finance decision-making platform raised €4.1m in Seed funding led by Speedinvest.

"The challenge to ensure resilience in the agriculture industry calls for new solutions and more collaboration between scientists, and...…

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OneStack raises $2m in new funding

India based core and mobile banking startup raised $2m in new funding led by GrowX Ventures.

"This infusion of funds does more than merely enable us to augment our product suite and broaden our footprint across India; it propels...…

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FIS ready for FedNow

By completing the certification, FIS is fully ready to help its client financial institutions tap into the FedNow Service, ultimately...

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Collective raises $50m in growth funding

San Francisco based financial platform for freelancers raised $50m in growth funding led by Gradient Ventures.

“Collective is the first all-in-one, online back office for ‘businesses-of-one,'” said CEO Hooman Radfar.

House Numbers raises $3.75m in Pre-Seed funding

San Francisco based home wealth management platform raised $3.75m in Pre-Seed funding led by Resolute Ventures.

"Homeowners still don’t have a trusted source to optimize the financial opportunities around their greatest long-term asset, their home,"...…

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Alluvial raises $12m in Series A funding

United Kingdom based enterprise-grade liquid staking startup raised $12m in Series A funding led by Ethereal Ventures.

“With the support of our investors, we’re excited to continue to grow the Alluvial team, accelerate adoption of Liquid Collective, and...…

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Gondi raises $5.4m in Seed funding

New York based NFT lending protocol raised $5.4m in Seed funding led by Hack VC.

"Gondi’s instant refinancing will enhance the NFT lending market, allowing borrowers to access more affordable credit and fostering a...…

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CapStack raises $6m in Pre-Seed funding

Miami based bank-to-bank marketplace startup raised $6m in Pre-Seed funding led by Fin Capital.

“Over 60 banks agreed to join the platform even before the first line of code was written and a single employee was hired," said...…

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MerQube raises $22m in Series B funding

San Francisco based index-linked investing startup raised $22m in Series B funding led by Intel Capital.

“We believe the next wave of innovation in rules-based investing will be driven by customization at scale to meet diverse investor...…

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Silo raises $32m in Series C funding

San Francisco based food supply chain ERP and financing platform raised $32m in Series C funding led by Koch Disruptive Technologies.

"Once Silo was in the payment flow, we could pair the data collected from our software with payments products to both underwrite and...…

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Sigo Seguros raises $5.1m in Seed funding

Austin based auto insurance startup for immigrant and working-class communities raised $5.1m in Seed funding led by Zeal Capital Partners.

“We’ve been overwhelmed by the demand for our product, with referrals driving the majority of our growth. Our differentiated product...…

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KTX.Finance raises $4m in Seed funding

Singapore based decentralized exchange startup raised $4m in Seed funding led by Hashed.

“Blockchains, as open and transparent ledgers, excel in decentralizing the asset layer of the Internet. As part of this movement,...…

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Hepster raises €10m in Series B funding

Germany based embedded insurance startup raised €10m in Series B funding led by Element Ventures.

“We are pleased about the unreserved trust of our investors, but also the trust placed in our entire team, which has delivered...…

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RightRev raises $12m in new funding

Santa Clara based accounting and revenue recognition startup raised $12m in new funding led by Norwest Venture Partners.

"We're grateful to our investors for their support and are excited to continue to innovate and grow, pushing the boundaries of what is...…

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Equabli raises $3.35m in new funding

Austin based debt recovery startup raised $3.35m in new funding led by Social Leverage.

“This investment represents a significant milestone for our company and reaffirms the confidence that our clients and investors have in...…

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Ivy raises €7m in Seed funding

Germany based instant bank payments startup raised €7m in Seed funding led by Creandum.

“In ten years, trillions of dollars worth of payments will be paid by bank, not by card – a major shift Ivy will drive," said Co-Founder...…

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Jirav raises $20m in Series B funding

San Francisco based financial planning startup raised $20m in Series B funding led by Cota Capital.

"By raising funds now, we can continue our growth trajectory and product development to continue innovating in the space,” said CEO...…

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Solaris raises $42m in Series F funding

Germany based embedded finance platform raised $42m in Series F funding led by BBVA.

“Our next milestone will be the integration of Contis in order to exploit the full potential of our technology and product platform,”...…

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U Fintech Hub raises $4m in new funding

South Korea based global remittance platform raised $4m in new funding led by Forest Partners.

“Utransfer has been operating its current remittance and exchange services stably based on its own financing without external investment....…

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Qover raises $30m in Series C funding

Brussels based embedded insurance orchestration startup raised $30m in Series C funding led by Alven.

"We are thrilled to announce the completion of our Series C up-round funding, which brings us one step closer to achieving our growth and...…

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Moove raises $8m in new funding

Ghana based mobility fintech company offering vehicle financing raised $8m in new funding led by Absa. 

“In light of Ghana’s current economic challenges, there arguably hasn’t been a more critical time in recent years to invest in the...…

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VersiFi raises Seed funding

New York based prime services platform for digital assets raised an undisclosed amount of Seed funding led by The Hunting Hill Group.

"This partnership marks a significant milestone for VersiFi as we grow, develop and enhance our platform," said VersiFi Founder and CEO...…

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Numarics raises €10.2m in Seed funding

Zurich based provider of automated accounting and administration solutions for SMEs raised €10.2m in Seed funding led by UBS Next. 

"Numarics offers a digital CFO solution for businesses to automate many aspects of the back office, by removing administrative tasks and...…

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Clair raises $25m in new funding

New York based digital bank offering earned wage advances raised $25m in new funding led by Thrive Capital. 

"With financial services tied to payroll and workforce management, the sky’s the limit," said Co-Founder Nico Simko.

Steadily raises $28.5m in Series B funding

Oregon based digital insurance platform for landlords raised $28.5m in Series B funding led by Zigg Capital.

"Steadily has built an intuitive digital platform to empower landlords with insurance quotes online in minutes, 24/7, from the palm of...…

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The checking account war is over

14% of Americans have opened a new checking account this year, according to a survey from Cornerstone Advisors.

"The percentage of consumers that consider a megabank—BofA, Wells, Citi, and Chase—to be their primary checking account provider is...…

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Topkey raises $5m in Seed funding

San Francisco based expense management platform for property managers raised $5m in Seed funding led by Felicis Ventures. 

"Managing expenses is a serious pain point for property managers as they have to pay for goods and services, calculate the cost across a...…

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Statement raises $1.9m in Pre-Seed funding

London based payments marketplace for small businesses raised $1.9m in Pre-Seed funding led by Northzone.

"For small businesses accepting card payments is still incredibly painful — finding the right payments provider takes 10 days on average....…

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AlloyX raises $2m in Pre-Seed funding

California based real-world asset vault raised $2m in Pre-Seed funding led by Hack VC.

"We are building products to enable our community to invest and create real-world asset diversified baskets with automatic reinvestment,"...…

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Revcast raises $3m in Seed funding

Raleigh based revops platform raised $3m in Seed funding led by CRV.

“We feel that a strong RevOps team, backed by software purpose-built for RevOps, can radically change how people build and manage their...…

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Abound raises $10m in new funding

San Francisco based app powering remittances to India raised $10m in new funding led by The Times Group.

"Our aim is to simplify the process of sending money abroad for expats, who often face high fees and complicated procedures when using...…

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Bitkub raises $17.8m in new funding

Thailand based cryptocurrency exchange raised $17.8m in new funding led by Asphere Innovations.

"The sale of shares to Asphere will provide Bitkub with additional capital, which will help the company expand its digital asset services...…

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Tandem raises £20m in Growth funding

United Kingdom based challenger bank offering "green lending" raised £20m in Growth funding led by Quilam Capital.

"Following a transformational 2022, this capital will put extra momentum behind our green lending proposition and allows us to capitalise...…

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