News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

iLex raises $7m in Series A funding

Singapore based loan syndication platform raised $7m in Series A funding led by QBN Capital, Eileses Capital, and MI8. 

“We are happy to accompany the iLex team in this adventure. The company has built a remarkable system for loan syndication with a...…

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Mintify raises $3.4m in funding

NFT orderbook startup raised $3.4m in funding led by ARCA, Cumberland, Psalion and other participants.

"As tokenization accelerates and permissionless capital is on par with or exceeds traditional centralized capital, we will see more and...…

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Hyperbolic raises $7m in seed funding

Blockchain-based AI cloud company raised $7m in seed funding led by Polychain Capital and Lightspeed Faction.

"The ultimate goal of Hyperbolic is not to get bogged down in the minutiae of optimizing AI service performance to compete with web2...…

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Broadzen raises $4m in funding

Burlingame based auto insurtech company raised $4m in funding led by Mizuho Securities.

“We greatly appreciate Mizuho’s continued belief in our vision. This extension and facility increase, combined with management’s recent...…

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FranShares raises $4.1m in seed funding

Chicago based franchise investing company raised $4.1m in seed funding led by Chicago Ventures.

"It gives franchisors and franchisees a fast and easy way to raise funds for expansion, and provides individual investors access to an...…

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Aveni raises $14m in Series A funding

Scotland based fintech AI company raised $14m in Series A funding led by Puma Private Equity.

“The way to achieve this is to develop small, highly tuned language models, trained on financial services data, reviewed by financial...…

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Perchwell raises $25m in Series B funding

New York based real estate data company raised $25m in Series B funding led by Lux Capital.

"Perchwell’s end-to-end platform includes a suite of data management, market research and client collaboration tools for MLSs, brokers...…

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Investorhub raises $4m in funding

Australia based direct-to-investor marketing platform raised $4m in funding led by EVP.

“Historically, markets have always leaned in favour of intermediaries, resulting in a disconnect between companies and investors, unfair...…

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Cartona raises $5.6m in Series A funding

Egypt based B2B ecommerce company raised $5.6m in Series A funding led by Algebra Ventures.

“We have double what we raised now in equity. That capital will be used to grow its market share in Egypt by deepening its operations in...…

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Monto raises $9m in seed funding

New York based payments company raised $9m in seed funding led by Scale Venture Partners.

“In this new B2B world, suppliers must integrate with each customer’s payment software, each with its own complex logins and workflows,...…

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Female Invest raises £8.7m in Series A funding

Copenhagen and London based finance news company raised £8.7m in Series A funding led by Educapital and Rubio.

“For years, our members have requested a crowdfunding campaign, so we knew the demand was there, but we anticipated it would take at...…

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Gradient AI raises $56m in Series C funding

Boston based enterprise AI company raised $56m in Series C funding led by Centana Growth Partners.

“Gradient AI has an experienced executive team and products that produce demonstrable ROI for its customers which, together, have helped...…

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Faye raises $31m in Series B funding

Richmond based travel insurtech company raised $31m in Series B funding led by Portage.

"This is an underserved and often overlooked market with untapped value to capture. Portage remains bullish as ever on the next...…

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Kuru raises $2m in seed funding

Monrad based on-chain order book exchange raised $2m in seed funding led by Electric Capital.

“Thanks to Monad’s high throughput and quick block times, Kuru's orderbook can provide superior capital efficiency and much tighter...…

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Mamo raises $3.4m in funding

UAE based expense automation company raised $3.4m in funding led by 4DX Ventures and the Dubai Future District Fund.

“The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow...…

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Kintsu raises $4m in seed funding

Liquid staking protocol company raised $4m in seed funding led by Brevan Howard Digital and Castle Island Ventures.

"Staking creates an opportunity cost for DeFi, which can limit growth at the protocol level. The liquid staking token category, not just...…

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aPriori raises $8m in seed funding

Monad liquid staking platform raised $8m in seed funding led by Pantera Capital.

"We have strong relationships within Monad's ecosystem and its builders, with protocols committing to leverage our liquid staking token...…

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Primary Portal raises £7.5m in Series A funding

London based equity capital market digitization platform raised £7.5m in Series A funding led by DB1 Ventures.

“By digitising communication and workflows, Primary Portal paves the way for efficient connectivity between asset managers and banks in...…

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Revi raises $14.5m in Series A funding

San Francisco based customer engagement platform raised $14.5m in Series A funding led by Runa Ventures.

By leveraging advanced algorithms, Revi aims to mirror the advantages of e-commerce, such as data analytics and improved customer...…

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Cowbell raises $60m in Series C funding

Pleasanton based cyber insurance firm raised $60m in Series C funding led by Zurich Insurance Group.

“With a refined focus on product expansion, we will accelerate our efforts to deliver advanced and efficient cyber insurance solutions to...…

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Axle raises $2.5m in Seed funding

San Francisco based compliance automation company raised $2.5m in Seed funding led by Diagram Ventures.

"This investment not only validates the pressing need for innovation in AML compliance but also propels us closer to our vision of a...…

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Rillet raises $13.5m in funding

New York based accounting automation platform raised $13.5m in funding led by First Round Capital and Creandum.

Rillet’s mission is to make zero day close a reality for everyone so companies can make decisions based on drillable, real-time financial...…

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Jarvis raises £1.8m in Seed funding

UK based workplace pension provider raised £1.8m in Seed funding led by Ascension VC and Cornerstone VC.

"Traditional advice often centres on saving for a rainy day, but we understand that people want to live fulfilling lives today. Our...…

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Grazzy raises $4m in Seed funding

Austin based tip collection and tax compliance company raised $4m in Seed funding led by Next Coast Ventures.

"Grazzy's cloud-based solution empowers hourly employees to make more money, access it the same day and save and spend in better ways. By...…

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Meisterwerk App raises €6m in Series A funding

Berlin based SaaS platform for craft businesses raised €6m in Series A funding led by Semapa Next.

"The software market for the skilled crafts sector is currently developing more dynamically and promisingly than ever before. Vertical...…

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Hash AI raises $10m in new funding

UK based crypto mining company raised $10m in new funding led by Bolt's Capital.

"Hash AI's unwavering commitment to both AI optimization and environmental responsibility positions them as a true leader in the future...…

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GeoWealth raises $18m in growth funding

Chicago based proprietary technology and turnkey asset management company raised $18m in growth funding led by BlackRock.

“I think there’s been validation across the board that alternatives are very difficult to use for RIAs, specifically systematically in...…

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TigerBeetle raises $24m in Series A funding

San Francisco based financial transaction database raised $24m in Series A funding led by Spark Capital.

"Founded in 2022 by former Microsoft security consultant Joran Dirk Greef, TigerBeetle operates an open source Apache 2.0 database which...…

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Payt raises €55m in growth funding

Netherlands based accounts receivable management platform raised €55m in growth funding led by Partech.

"Payt's software automates the accounts receivable process, improving collection time, reducing bad debt, and enhancing the debtor...…

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Powder raises $5m in Seed funding

Los Angeles based wealth management company raised $5m in Seed funding led by a syndicate of 40 Silicon Valley insiders.

"Businesses, regardless of size or scale, grapple with time management and how best to extend limited resources. With Powder, firms have...…

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Payflow raises €6m in new funding

Barcelona based earned wage access company raised €6m in new funding led by Seaya Ventures.

“Payflow is at the center of our investment thesis of Spanish B2B SaaS startups with American roots (Y Combinator) that can scale from...…

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Igloo raises $11m in new funding

Delaware based L2 blockchain company raised $11m in new funding led by Founders Fund.

"Pudgy Penguins has the best 0 to 1 distribution edge we've seen in the crypto space. Instead of paying massive amounts to acquire users,...…

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Strive Enterprises raises $30m in Series B funding

Ohio based financial services company raised $30m in Series B funding led by Cantor Fitzgerald.

“Off the back of this momentum, Strive will be launching a direct wealth management offering focused exclusively on maximizing value for...…

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Sokin raises $31m in growth funding

London based international money transfer platform raised $31m in growth funding led by Morgan Stanley Expansion Capital and Aurum Partners.

"Founded in 2019, Sokin provides around 500 businesses across different verticals — including freight, logistics and even Premier League...…

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District Cover raises $7m in Seed funding

Nashville based public-benefit company raised $7m in Seed funding led by Mosaic General Partnership.

“Year after year, we've seen small businesses and the brokers that serve them struggle to find stable, competitive, and tailored...…

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Bitlayer Labs raises $11m in Series A funding

Singapore based bitcoin Layer 2 raised $11m in Series A funding led by Franklin Templeton and ABCDE. 

"Bitlayer offers a Bitcoin Layer 2 solution based on the BitVM paradigm. Its core objective is to address the trade-off between security...…

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Plum raises £16.1m in Series B funding

London based money management app raised £16.1m in Series B funding led by Eurobank.

“It has been an exceptional 12 months for Plum, and this new round of funding is testament to the hard work of the team and the value...…

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Finbee Verslui raises €35m in growth funding

Lithuania based alternative lender raised €35m in growth funding led by Pollen Street Capital.

"Our mission is to empower the country's small and medium-sized businesses to grow by providing them with the finance they need."

Etherfuse raises $3m in Seed funding

California based real-world asset tokenization platform raised $3m in Seed funding led by White Star Capital and North Island Ventures.

"The vision is for Etherfuse to not only capture, but to expand the emerging bond market by removing the manifold barriers that currently...…

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Truvius raises $3.2m in pre-Seed funding

Boston based crypto investment platform raised $3.2m in pre-Seed funding led by Galaxy Ventures.

"Our goal is to increase the distribution of our systematic, actively managed investable smart beta and alpha strategies for the...…

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Nirvana Labs raises $4m in Seed funding

Los Angeles based blockchain cloud firm raised $4m in Seed funding led by Castle Island Ventures and RW3 Ventures.

"This funding will allow us to enhance our specialized cloud services, providing a web3-specific alternative to conventional cloud...…

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Fragment raises $9m in Seed funding

New York based ledger reconciliation company raised $9m in Seed funding led by BoxGroup and Avid Ventures.

“We give you a designer to model the funds flow, and then basically a database, not unlike Postgres, to implement it, and a dashboard to...…

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OnRamp raises $14.2m in Series A funding

Boston based customer onboarding company raised $14.2m in Series A funding led by Javelin Venture Partners.

"By automating and streamlining the post-sales process, OnRamp ensures that new customers can easily navigate the most complex onboarding...…

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Chainbase raises $15m in Series A funding

Singapore based blockchain data network developer raised $15m in Series A funding led by Tencent and Matrix Partners China.

"Leveraging petabyte-level data within our network, we're pioneering purpose-designed foundational models for crypto. This initiative...…

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MNT-Halan raises $157.5m in new funding

Egypt based banking and payments provider for SMBs raised $157.5m in new funding led by the International Finance Corporation.

"While Egypt remains our primary market, we are committed to revolutionising access to financial services through technology beyond...…

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Slope raises $65m in new funding

San Francisco based B2B payments platform raised $65m in new funding led by J.P. Morgan Payments.

With Slope, iteration speed is a big moat. We have that active learning system to be able to constantly retrain and improve the model as...…

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Arvo Tech raises $2.5m in Series A funding

Ohio based SMB tax accounting software startup raised $2.5m in Series A funding led by Bandon Partners.

By housing tax credits and tax strategy under one roof, we are providing companies with the tools necessary to make better financial...…

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Zivoe raises $8.35m in Seed funding

Real-world asset credit protocol raised $8.35m in Seed funding led by Iceberg Capital.

Our ITO will provide DeFi users with unprecedented access to the consumer credit market. This is just the beginning of a new era where...…

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Wamo raises $5m in Series A funding

London based cross-border payments and corporate card startup for SMEs raised $5m in Series A funding led by Logo Ventures.

Since launching wamo, we’ve been relentlessly focused on removing the barriers that SMEs face when opening a business account and...…

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GovPort raises $2.8m in Seed funding

Virginia based SaaS federal contract management portal raised $2.8m in Seed funding led by PruVen Capital.

GovPort has built an intuitive tool that seamlessly drives compliance and other workflows across the prime/subcontractor relationship.

Coast raises $40m in Series B funding

San Francisco based financial services platform for fleets raised $40m in Series B funding led by Iconiq Growth.

We’ve also accelerated the adoption of our expense management product for non-fuel use cases.

Allium raises $16.5m in Series A funding

New York based blockchain data startup raised $16.5m in Series A funding led by Theory Ventures.

Currently, something as essential as accurately tracking digital currency volumes requires continually normalizing data across 40+...…

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Arcee AI raises $24m in Series A funding

Miami based developer of small language models raised $24m in Series A funding led by Emergence Capital.

Spectrum optimizes training time up to 42% and reduces catastrophic forgetting, without any performance degradation.

Astor raises $1.4m in pre-seed funding

New York based woman-focused financial wellness app raised $1.4m in pre-seed funding led by NFX and The MBA Fund.

There were two things I really saw: One, the people around me, they were brilliant, but didn’t have confidence in investing. The other...…

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Jeff App raises $2m in Seed funding

Latvia based marketplace for financial inclusion raised $2m in Seed funding led by Presto Ventures.

Once the Jeff team launches in India, they’ll have a footprint in 5 of the 20 largest countries in terms of population worldwide. In...…

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Mira raises $9m in Seed funding

Singapore based decentralized AI infrastructure platform raised $9m in Seed funding led by BITKRAFT Ventures and Framework Ventures.

Unlike web2 marketplaces, Miraʼs platform encourages sovereign ownership of your AI flows as well as transparent attribution and...…

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Dopay raises $13.5m in Series A extension funding

Egypt based neobank raised $13.5m in Series A extension funding led by Argentem Creek Partners.

This model will allow deposited amounts to fuel a lending portfolio, fostering a sustainable and mutually beneficial financial ecosystem....…

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Aven raises $142m in Series D funding

San Francisco based asset-backed credit card startup raised $142m in Series D funding led by Khosla Ventures and General Catalyst.

By using technology to drive efficiency, Aven has built a product that responsibly helps drive down the cost of capital by over 50% for...…

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Vectara raises $25m in Series A funding

Palo Alto based generative AI product platform raised $25m in Series A funding led by FPV Ventures and Race Capital.

We found during our evaluations that training an LLM to produce structured output and then constraining output produces much better...…

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Bima Labs raises $2.25m in Seed funding

California based developer of Bitcoin-backed stablecoins raised $2.25m in Seed funding led by Portal Ventures.

We envision a world of new credit, debt and hybrid use cases powered by USBD, whether you're in China, the U.S., Brazil or Europe.

Instinct Digital raises £5m in Series A funding

London based funds and investor reporting automation startup raised £5m in Series A funding led by AlbionVC.

When the market-leading solution meets a large market with an urgent need for innovation, great things happen. The team behind Instinct...…

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Haruko raises $6m in new funding

London based digital asset investment management platform raised $6m in new funding led by White Star Capital and MMC Ventures.

It is clear that the post-trade part of the digital asset landscape which Haruko focuses on has been poorly served to date and we believe...…

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Adaptive raises $19m in Series A funding

New York based payments and accounting platform for construction contractors raised $19m in Series A funding led by Emergence Capital.

We’ve built several generative AI algorithms to automate the financial management and bookkeeping workflows unique to construction.

Tapi raises $22m in Series A funding

Argentina based payment processor raised $22m in Series A funding led by Kaszek.

I’d say in a year from now we’ll have 80% of the banked population in Mexico working with our infrastructure.

Partior raises $60m in Series B funding

Singapore based blockchain payment network raised $60m in Series B funding led by Peak XV Partners.

Partior is breaking down silos and rewriting the rules for cross-border clearing and settlement. We see a very bright future for...…

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Bucksapp raises $1m in Pre-seed funding

Paraguay based transaction data platform raised $1m in Pre-seed funding led by iThink VC and BuenTrip Ventures.

“Our clients are starting to clean and analyze their data, but doing it efficiently on legacy systems costs hundreds or thousands of...…

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Tread.fi raises $3.5m in Pre-seed funding

New York based algorithmic crypto platform raised $3.5m in Pre-seed funding led by New Form Capital.

“Our goal is to offer the best algorithmic trading/execution platform that leverages the strengths of blockchain technology.”

Adfin raises $4.9m in Seed funding

UK based invoicing company raised $4.9m in Seed funding led by Index Ventures and Visionaries Club.

"All the buzz has been around ecommerce, but for your average legal practice or accountancy firm, their payments are stuck in the 90s —...…

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Lemon.markets raises €12m in new funding

Berlin based brokerage as a service company raised €12m in new funding led by CommerzVentures.

"I am convinced that expanding the range of digital investment products is crucial to encourage broader participation in the capital...…

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TBC Bank Uzbekistan raises $38.2m in growth funding

Uzbekistan based mobile-only bank raised $38.2m in growth funding led by TBC Bank Group. 

"We are encouraged with the progress TBC UZ has made so far and remain confident in its potential to contribute to economic growth and...…

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Earned Wealth raises $200m in growth funding

New York based doctor-focused wealthtech raised $200m in growth funding led by Summit Partners and Silversmith Capital Partners.

"Our goal is to become the one-stop shop — the only financial services provider that doctors need for both their personal wealth and...…

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Build on Bitcoin raises $1.6m in Seed funding

Cayman Islands based hybrid Layer-2 project raised $1.6m in Seed funding led by Ledger Ventures. 

"BOB combines the best of Bitcoin with the innovation capabilities of Ethereum, Bitcoin Layer 2s like BOB unlock unprecedented Bitcoin...…

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Idle raises $2.4m in new funding

New York based on-chain credit and yield platform raised $2.4m in new funding led by RockawayX.

"With this business model change, Idle will address the less-than-ideal value proposition and product variation lag that sophisticated...…

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Care.fi raises $2.6m in new funding

India based health care fintech raised $2.6m in new funding led by Trifecta Capital and UC Inclusive Credit.

"Based on our understanding of the market and the pain points of the patients, we have seen that optimizing the operational bit,...…

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Term Labs raises $5.5m in new funding

San Diego based DeFi lending protocol operator raised $5.5m in new funding led by Electric Capital. 

"The protocol's success in achieving early institutional adoption is due in large part to a focus on security, transparency, and economic...…

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Niva raises $3.3m in Seed funding

Delaware based compliance company raised $3.3m in seed funding led by Gradient Ventures.

Ops teams are manually reviewing these businesses, looking at hundreds of pages of documents on each business ... and trying to figure...…

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Trustap raises $5.5m in Series A funding

Ireland based marketplace payments platform raised $5.5m in Series A funding led by TX Ventures.

"We plan to invest in our GTM to ensure we make the most of some of the recent partnerships we have established. We’ll also look at...…

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Zeti raises £5m in Series A funding

London based clean Transport as a Service provider raised £5m in Series A funding led by Hycap Group. 

"Zeti is an innovator in the clean transport sector, providing flexible financing for low and zero-emission vehicles and infrastructure....…

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Canoe Intelligence raises $36m in Series C funding

New York based reporting workflow automation for alternative investments company raised $36m in Series C funding led by Goldman Sachs.

"With the additional capital, we will continue to advance the alts industry by building innovative AI and machine learning technology,...…

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Nala raises $40m in Series A funding

Kenya based remittance and B2B payments startup raised $40m in Series A funding led by Acrew Capital.

"We believe Nala will be the leader in remittances for the next generation of Africans who are expected to account for 35% of all the...…

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Trever raises €2.4m in Seed funding

Austria based digital asset management platform raised €2.4m in Seed funding led by TX Ventures and Market One Capital.

"Our system, developed by industry experts, is ready to equip banks across Europe and beyond."

Heymax.ai raises $2.6m in Seed funding

Singapore based loyalty platform raised $2.6m in Seed funding led by January Capital. 

"Many rewards programs we know and love are locked within the closed ecosystem of a single company. This hyper-fragmentation only serves...…

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FreeBnk raises $3m in Seed funding

Lithuania based hybrid crypto banking app raised $3m in Seed funding led by Founderheads.

"Our goal is to reduce the complexity that often intimidates users from entering the crypto sphere by offering a platform that provides a...…

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Dash Technology Group raises $22m in Growth funding

Sydney based financial adviser software firm raised $22m in Growth funding led by Bailador Technology Investments.

"The funding injection takes the total amount raised by the company to $52 million, and came at a significant – but undisclosed –...…

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Grow Inc raises $60m in Series D funding

Sydney based fund management software provider raised $60m in Series D funding led by Hitachi Ventures.

"The company is understood to have tapped Highbury Partners to kick off the $60 million capital raise as it seeks to scale the business...…

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Bitcoin ETF issuer VanEck files for Solana ETF in the US

VanEck, one of the first issuers of spot Bitcoin exchange-traded funds (ETFs) in the United States, has filed for a new Solana ETF.

"According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF."

Trever raises €2.4m in seed funding

Austria based digital asset management company raised €2.4m in seed funding led by TX Ventures and Market One Capital.

"Our system, developed by industry experts, is ready to equip banks across Europe and beyond. In addition, with prestigious investors on...…

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Heymax.ai raises $2.6m seed funding

Singapore based loyalty platform company raised $2.6m in seed funding led by January Capital.

“Consumers looking to optimize their rewards are struggling to find the right platform, leading to missed opportunities for valuable...…

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Steep raises €4m in seed funding

Stockholm based analytics company raised €4m in seed funding led by Connect Ventures.

“We built Steep to allow everyone to leverage data like they have the full support of a data analyst. To better support their...…

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Sendblocks raises $8.2m in seed funding

Blockchain data management company raised $8.2m in seed funding led by Castle Island Ventures.

“We believe that starting out in web3 shouldn't necessitate an extensive data team and that infrastructure costs should align with the...…

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Redstone raises $15m in Series A funding

Switzerland based blockchain oracle company raised $15m in Series A funding led by Arrington Capital and Kraken Ventures.

"Due to our modular architecture, our launch on new networks is significantly quicker and we can adjust our flow depending on the market...…

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Cluby raises €2.9m in seed funding

Finland based restaurant tech company raised €.9m in seed funding led by Vendep Capital.

“We saw the market need for Cluby already 5 years ago, and we launched the first prototype in the summer of 2019. But then COVID hit the...…

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Mamori raises $5m seed funding

Web3 security company raised $5m in seed funding led by Blockchain Capital.

"Mamori's tools help eliminate programming errors while learning the contract specification, semantics-based formal verification tools...…

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Lombard raises $16m in seed funding

Bitcoin restaking company raised $16m in seed funding led by Polychain Capital. 

"By uniting major ecosystems and DeFi protocols to onboard LBTC, over $1.3 trillion in Bitcoin can be used to lend, borrow and trade,...…

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Feather raises €6m in Series A funding

Berlin based health insurance company raised €6m in Series A funding led by Keen Venture Partners.

“For the last six years we’ve been doing healthy, sustainable business, and this allows you to unlock new things, even with incumbents”

Clearstory raises $16m in Series B funding

Walnut Creek based construction order management company raised $16m in Series B funding led by Prudence.

“Our customers rely on us to alleviate a meaningful pain point in their financial and operational processes, one I lived myself as a...…

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MegaLabs raises $20m in Seed funding

Realtime blockchain infrastructure company MegaLabs raised $20m in Seed funding led by Dragonfly Capital.

According to a press release, MegaETH achieves its scaling in two ways: through its “heterogeneous blockchain architecture, which boosts...…

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Hebbia raises $100m in Series B funding

New York based enterprise search AI company raised $100m in Series B funding led by Andreesen Horowitz.

Hebbia was founded in 2020 by George Sivulka, who launched the company while working on his PhD in electrical engineering at Stanford....…

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