News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Belong raises £2.95m in Pre Seed funding

UK based wealth building platform raised £2.95m in Pre Seed funding led by Octopus Ventures and Viola Fintech.

"We need two things to build long-term wealth — time and money, but we rarely have both of these elements concurrently. Millennials still...…

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Scaleup Finance raises $8m in new funding

Copenhagen based finance management platform for startups raised $8m in new funding led by Inveready.

“Understanding and reporting on financial metrics are fundamental in turning a great idea into an even better business. Scaleup Finance...…

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Goalsetter raises $9.6m in Series A funding

Brooklyn based family finance app raised $9.6m in Series A funding led by Edward Jonesand MassMutual.

"This funding will empower us to enhance our B2B offerings and forge stronger partnerships with credit unions, banks, and wealth...…

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ZayZoon raises $15m in Series B funding

Phoenix based earned wage access company for small and mid-size businesses raised $15m in Series B funding led by Viola Fintech.

“By empowering individuals to have better control and flexibility, ZayZoon not only alleviates financial stress but also cultivates...…

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Iron Sheepdog raises $10m in Series B funding

Virginia based vertical SaaS and payments platform for truckers raised a $10m Series B financing led by SJF Ventures.

“By giving brokers a technology platform that incentivizes haulers, helps reduce administrative burden and alleviates cash flow...…

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Fieldguide raised $30m in Series B funding

San Francisco based startup building AI-enabled tools for accountants raised $30m in Series B funding led by Bessemer Venture Partners.

"Fieldguide is addressing pain points for an industry that has been plagued by a lack of modern cloud-based software, talent shortages,...…

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0G Labs raised $35m in Pre Seed funding

Web3 infrastructure startup raised $35m in Pre Seed funding led by Hack VC.

“Our goal is we can now enable any blockchain to be as performant and inexpensive as a web2 application,

Uzum raises $52m in Series A funding

Uzbekistan based e-commerce startup offering fintech and food delivery services raised $52m in Series A funding led by FinSight Ventures.

“Because we attract customers on e-commerce, we retain them on high-transaction businesses like daily banking, which is 100% digital. We...…

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OrdinalsBot raises $3m in Seed funding

London based company building out the data layer of the BTC blockchain raised $3m in Seed funding led by DACM.

“What we are effectively building is the infrastructure for data on the Bitcoin blockchain, and with the launch of our Trio Marketplace –...…

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Keeyns raises €10m in new funding

Netherlands based tax tech company raised €10m in new funding from Alea Capital Partners and Mountainview Capital Partners.

“Keeyns is a leading software company that has shown impressive growth in recent years, with ample growth opportunities due to the...…

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Qoala raises $47m in Series C funding

Indonesia based personal insurance provider raised $47m in Series C funding led by PayPal Ventures and MassMutual Ventures.

“By taking this approach, Qoala has successfully positioned itself as the embedded insurance solution of choice to more than 50...…

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Ayora raises $1.6m in Pre Seed funding

London based revenue management platform raised $1.6m in Pre Seed funding led by J12.

“Blue chip lawyers’ time is extremely valuable, and yet too much of it is taken up by manual tasks such as WIP list analysis, scope...…

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ValidMind raises $8.1m in Seed funding

California based AI and model risk management platform for financial services raised $8.1m in Seed funding led by Point72 Ventures.

“This funding strengthens our commitment to helping customers increase the speed and efficiency of their model risk management processes,...…

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Bob raises €9.2m in Seed funding

London based hybrid Layer 2 blockchain raised €9.2m in Seed funding led by Castle Island Ventures.

“We look forward to launching our hybrid Layer-2 to facilitate the growth of novel applications with the highest security and execution...…

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Peaq raises $15m in Series A funding

Singapore based Layer 1 blockchain developer raised $15m in Series A funding led by Generative Ventures and Borderless Capital.

“We will keep working on expanding the ecosystem, which will stand to benefit from more funds going into the Ecosystem Grant Program, and...…

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NewRetirement raises $20m in Series A funding

California based financial planning startup raised $20m in Series A funding led by Allegis Capital.

“People like my mom lack the tools to look at their money holistically and strategically so they can make informed decisions, monitor...…

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Element raises €50m in growth funding

Germany based insurtech raised €50m in growth funding led by Versorgungswerk der Zahnärztekammer Berlin and Alma Mundi.

ELEMENT stands as the forefront provider of insurance solutions in Europe, seamlessly catering to our partners’ needs. Our core mission...…

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Macro raises $12m in Series A funding

Miami based cross border trade firm raised $12m in Series A funding led by IDC Ventures.

"Marco's platform is having a transformative impact on the Latin American trade sector."

Morph raises $19m in Series Seed funding

Singapore based layer 2 startup raised $19m in Series Seed funding led by Dragonfly Capital.

“At Morph, we proudly help developers to create dApps that can truly make a long-term difference."

NX Technologies raises €22m in Series B funding

Cologne based automative payment company raised €22m in Series B funding led by PayPal Ventures.

"The Cologne-based fintech has established a new industry standard for payment management in the automotive sector."

Keyring raises $6m in Series Seed funding

London based crypto compliance company raised $6m in Series Seed funding led by Gumi Cryptos Capital and Greenfield Capital.

“Keyring provides these players with options to interact with verified and compliant counterparties."

Winible raises $6m in Series Seed funding

Austin based sports betting startup raised $6m in Series Seed funding led by Inspired Capital.

"As a season filled with tournaments and playoffs nears, an Austin startup that has developed an e-commerce platform for sports betting...…

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Marmalade raises $16m in growth funding

Melbourne based invoice payment platform raised $16m in growth funding led by Blue Stamp Co.

"SMBs are the lifeblood of the Australian economy with entrepreneurs and leaders taking incredible risks to build a business that grows."

Addi raises $36m in growth funding

Colombia based buy now pay later company raised $36m in growth funding led by Union Square Ventures and Andreessen Horowitz.

"The fast-growing Colombian financial technology startup raised capital from investors to fund a new round of expansion."

Solaris raises €96m in growth funding

Germany based banking as a service company raised €96m in growth funding led by SBI Group.

"This is a significant milestone for Solaris on our path to sustainable, profitable growth."

Moxey raises $1m in Series Seed funding

Louisiana based digital trade network raised $1m in Series Seed funding led by SpringTime Ventures.

“Moxey is a truly transformative business that stands to benefit millions of small businesses.”

Acto raises €3.7m in Series Seed funding

Paderborn based B2B sales intelligence startup raised €3.7m in Series Seed funding led by 468 Capital and Cusp Capital.

"Acto's ability to sift through the noise and deliver precise, actionable decision suggestions enhances sales efficiency and has the...…

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Appzone raises $8.5m in Series Seed funding

Nigeria based decentralized payments infrastructure startup raised $8.5m in Series Seed funding led by Flourish Ventures.

“The bank or fintech becomes a switch because they now have something in their environment that connects them to all the destinations...…

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Flexpoint raises $5m in new funding

Minneapolis based payments and financing platform company raised $5m in new funding led by Haymaker Ventures.

“These funds will allow us to continue to innovate and bring best-in-class solutions."

D2X raises $10m in Series A funding

Amsterdam based crypto derivatives trading platform raised $10m in Series A funding led by Point72 Ventures.

"The company bills itself as the first regulated crypto derivatives trading platform to operate seven days per week in the EU."

Ingrid raises €21m in new funding

Sweden based e-commerce delivery startup raised €21m in new funding led by Verdane.

“Delivery is the biggest unsolved puzzle is delivery part.”

Tookeez raises $1.5m in pre-Seed funding

Morocco based startup that consolidates loyalty points into one wallet raised $1.5m in pre-Seed funding led by Azur Innovation Fund.

With this infusion of capital, Tookeez is poised to expedite its growth across Morocco, the continent, and the Mena region. The company...…

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Youverify raises $2.5m in Seed funding

Nigeria based AML and ID verification startup raised $2.5m in Seed funding led by Elm.

“Individuals and businesses can verify their identity, registration status and ownership using their government data through Youverify."

Pallet Exchange raises $2.5m in Seed funding

Decentralized NFT platform on the Sei blockchain raised $2.5m in Seed funding led by Spartan Group.

“The fundamental draw from a user to trade and flip is very human naturey.”

Freed raises $7.5m in Series A funding

India based debt relief platform, raised $7.5m in Series A funding led by Sorin Investments.

"We are committed to alleviating the burden of debt for individuals across India and this funding will enable us to further enhance our...…

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ClearToken raises $10m in Seed funding

UK based cryptocurrency clearing house raised $10m in Seed funding led by Laser Digital.

"Clearing houses serve the market better when they are ‘horizontal’, connected across multiple trading venues, as opposed to ‘vertical’,...…

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Polyhedra Network raises $20m in growth funding

Decentralized developer of zero-knowledge interoperability protocol zkBridge raised $20m in growth funding led by Polychain Capital.

"As blockchain usage continues to grow, technology that enables secure and highly scalable computation across multiple networks will be a...…

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Lago raises $22m in Series A funding

Paris based open-source billing platform raised $22m in Series A funding led by FirstMark.

“We honor [their] abstraction, and we use data to meter usage, to help companies handle subscriptions [or other] pricing plans in an easy...…

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Blockus raises $4m in pre-Seed funding

California based web3 gaming tech stack and payments provider raised $4m in pre-Seed funding led by Maple VC.

"We’re excited to bring our blockchain solutions to even more studios and developers.”

Big Sur AI raises $6.9m in Seed funding

California based AI-based e-commerce sales company raised $6.9m in Seed funding led by Lightspeed Venture Partners.

"We believe that AI will substantially transform these experiences ... as if you're talking to a really knowledgeable, smart, helpful...…

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Nanonets raises $29m in Series B funding

San Francisco based workflow automation platform raised $29m in Series B funding led by Accel India.

“AI is a very core component of our business, which ends up driving a lot of automation."

Eye Security raises €36m in Series B funding

Holland based cybersecurity startup raised €36m in Series B funding led by JPMorgan Growth Equity Partners.

The company intends to use the funds to expand its presence in existing markets, such as the Netherlands, Germany, and Belgium, while...…

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Perfios raises $80m in growth funding

India based B2B credit decisioning SaaS provider raised $80m in growth funding led by Ontario Teachers' Pension Plan.

“Our business has been seeing steady growth year-on-year, with consistent improvement in the bottom line.”

PPRO raises €85m in growth funding

London based payments platform raised €85m in growth funding led by Eurazeo.

“Our focus on helping customers access new markets by creating seamless local payment experiences is validated by the strong demand we’re...…

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Cache raises $8.5m in Seed funding

New York based company building financial products for tax-deferred diversification raised $8.5m in Seed funding led by First Round Capital.

For almost a century, a third option has been available for the ultra-wealthy: using an exchange fund to diversify without a significant...…

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Milu Health raises $4.8m in Seed funding

New York based health care cost navigation tool for employees raised $4.8m in seed funding led by a16z.

The company intends to use the funds to expand operations and development efforts.

NFTfi raises $6m in Series A funding

Cape Town NFT lending protocol raised $6m in Series A funding led by Placeholder VC.

The team intends to use the newly acquired funds to improve its dApp by introducing support for manual peer-to-peer loans and to broaden...…

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Elixir raises $8m in Series B funding

Chicago based DeFi network maker aimed at boosting liquidity raised $8m in Series B funding led by Mysten Labs. 

“This raise will further enable Elixir’s ambition to serve as the modular liquidity protocol powering Layer 1 and Layer 2 ecosystems, and...…

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Vouch raises $25m in Series C funding

San Francisco based business insurance company raised $25m in Series C funding led by Ribbit Capital.

"2023 was a landmark year for Vouch, driven by our team's dedication and our investors' belief in our mission."

Kravata raises $3.6m in Seed funding

Colombia based cross-border payment and stablecoin conversion startup raised $3.6m in Seed funding led by Volt Capital.

Co-founders Felipe and Juliana Montes aim to tap into a high demand for comprehensive transaction solutions, positioning Kravata among...…

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Altro raises $4m in Seed funding

Los Angeles based credit-building startup raised $4m from angel investors.

“Solutions for financial stability are extremely important to level the playing field for the people who have often been left behind.”

PayShepherd raises $7m in Seed funding

Canada based vendor relationship management platform for heavy industry firms raised $7m in Seed funding led by Inovia Capital.

“Heavy industry facing increased compliance requirements and shrinking profit margins while managing large contracted workforces relies...…

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Eclipse Labs raises $50m in Series A funding

San Francisco based Ethereum layer-2 developer using the Solana Virtual Machine raised $50m in Series A funding led by Placeholder.

“Eclipse integrates the high-performance SVM with the deep pools of liquidity on Ethereum, while maintaining the hard constraint of...…

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A tale of two stablecoins

PayPal's PYUSD and Ethena's USDE have had differing market trends: PYUSD's uptake has been modest despite brand power, while USDE has...

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A hidden crisis in US housing

A growing number of insurers are cutting their business in high risk areas, deterred by more intense and frequent natural disasters, plus...

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Buildnow raises $6.5m in Seed funding

Saudi Arabia based BNPL for materials in the construction industry raised $6.5m in Seed funding led by Raed Ventures and Khwarizmi Ventures.

“Annually, $42 billion worth of goods are traded within the construction supply chain in Saudi Arabia alone. Suppliers of goods can only...…

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Moyasar raises $21m in Seed funding

Saudi Arabia based digital payments company raised $21m in Seed funding led by Derayah Ventures Fund.

"The company has designed and developed a variety of financial payment products to enable stores and electronic platforms to manage all...…

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Sostengo raises $3.8m in Seed funding

Central America based insurtech raised $3.8m in Seed funding led by PeopleFund. 

"This new funding round will not only allow us to continue growing in Central America but also introduce our tailored solution to U.S....…

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Lettuce raises $6m in Seed funding

San Francisco based maker of accounting and tax software raised $6m in Seed funding led by Zeev Ventures.

“Our goal at Lettuce is to fully support solopreneurs with foundational financial guidance and to alleviate tax-related and accounting...…

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Utila raises $11.5m in Seed funding

Tel Aviv based institutional crypto platform raised $11.5m in Seed funding led by NFX, Wing VC and Framework Ventures.

"Switching to Utila from traditional custodial trust companies was a pivotal moment for 1Konto, addressing key challenges with an...…

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Remofirst raises $25m in Series A funding

San Francisco based HR tech startup raised $25m in Series A funding led by Octopus Ventures.

"Remofirst operates that entity to hire workers on behalf of businesses and handles everything to do with hiring a person in a company.”

DTEX Systems raises $50m in Series E funding

San Jose based insider risk management company raised $50m in Series E funding led by CapitalG.

“DTEX takes a differentiated approach to mitigating insider risks and has a proven record of success as the most innovative and effective...…

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Argyle raises $30m in Series C funding

New York based provider of income and employment data raised $30m in Series C funding led by Rockefeller Capital Management. 

"The capital will be used to improve the verification experience for the next wave of prospective customers that can benefit from our...…

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Catalog raises €3m in new funding

France based B2B commerce platform for small companies raised €3m in new funding led by LocalGlobe.

“Unlike Shopify, we didn’t need to build an incredible admin system that would let you manage stock, set pricing rules, and so on....…

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RemotePass raises $5.5m in Series A funding

UAE based employee onboarding and management startup raised $5.5m in Series A funding led by 212 VC.

“We had to deal with payment issues at the end of each month. With contract work, one wasn’t so sure about the compliance overall. We...…

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Formalize raises €15m in new funding

Denmark based compliance and risk management startup raised €15m in new funding led by BlackFin Tech.

“With the increased demands being placed on organisations across the EU, the potential to automate compliance processes and reporting is...…

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Baanx raises $20m in Series A funding

UK based FCA-authorized crypto payments firm has raised $20m in Series A funding led by Ledger, Tezos, Chiron and British Business Bank.

"The funding is reportedly being dedicated to introducing services in the United States and Latin America this year. Baanx's total...…

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Salla raises $130m in pre-IPO funding

Saudi based website building and payments software provider for e-commerce businesses, raised $130m in pre-IPO funding led by Investcorp.

"Salla is part of the growing number of technology startups in Saudi Arabia that are working toward a public markets debut as investors...…

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Monzo raises £340m in new funding

UK based digital bank raised £340m in new funding led by CapitalG.

"We've built incredible momentum in the business over the past few years, leading to us reaching more than 9 million customers, turning...…

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Agio Ratings raises $4.6m in Seed funding

 UK based credit rating agency intended to analyze risk for digital assets raised $4.6m in Seed funding led by Superscrypt. 

“Beyond helping investors achieve high, risk-adjusted returns, it’s also about unlocking opportunities in credit creation and insurance...…

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No Plaid IPO for 2024

Plaid, the startup plumbing much of the fintech economy, has no IPO plans for 2024, CEO Zach Perret said this week in Las Vegas. The...

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Karma3 Labs raises $4.5m in new funding

California based developer of decentralized reputation protocol OpenRank raised $4.5m in new funding led by Galaxy and IDEO CoLab Ventures.

“We are really obsessed with solving trust and safety issues for crypto. After the last crypto bull market, the DeFi and NFT mania...…

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Relish raises $10m in Series A funding

Ohio based customer interaction analytics startup raised $10m in Series A funding led by Volition Capital.

"Led by CEO and Founder Ryan Walicki, Relish empowers businesses to optimize the value of their existing enterprise software investments."

Wagely raises $23m in new funding

Indonesia based earned wage access startup raised $23m in new funding led by Capria Ventures.

“We’re partnering with companies to provide their workers a way to withdraw their salaries on any day of the month."

Moego raises $24m in Series A funding

California based payments and scheduling software company for pet groomers raised $24m in Series A funding led by Base10 Partners. 

"Large breeds need a lot of care. ... It's very exhausting. So a lot of groomers actually prefer a limited number of slots for...…

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Synctera raises $18.6m in Series A funding

 California based BaaS provider raised $18.6m in Series A funding led by Lightspeed and Fin Capital. 

"We've been very fortunate to be able to meticulously, and opportunistically, raise money on the back of super strong growth to double...…

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BlueBean raises $1.3m in pre Seed funding

Boston based all-in-one procure to play company raised $1.3m in pre Seed funding led by Tola Capital.

"BlueBean’s discount codes and negotiated prices on 20+ purchase categories and thousands of products and services give a head start to...…

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Bfree raises $3m in Seed funding

Lagos based debt collection company raised $3m in Seed funding led by Capria Ventures.

"Bfree was founded to automate and introduce ethical debt recovery processes after its founders witnessed the use and adverse effects of...…

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Campfire raises $3.5m in Seed funding

San Francisco based startup and SMB accounting software company raised $3.5 in Seed funding led by Foundation Capital.

"Campfire is both simple and scalable, offering two distinct yet synergistic products: Revenue Automation and Core Accounting."

Slice raises $7m in Series A funding

Israel based equity compliance platform raised $7m in Series A funding led by TLV Partners.

"The Israeli startup’s platform automatically ensures that all global equity operations are compliant and tax-optimized to maximize and...…

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