News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

Sterling’s rally has further to run, say Wall Street banks

The currency’s gains against dollar and euro is driven a buoyant UK economy and the Bank of England’s caution on cutting interest rates.

“The big picture remains that the UK has performed better than expected, the BoE is easing more gradually than other central banks and we...…

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Daylight raises $6m in Seed funding

New York based crypto platform for on-chain recommendations raised $6m in Seed funding led by Union Square Ventures.

"We will be adding one big new category in Q4, to be announced soon," said co-founder Kyle McCollom.

Tetrix raises $5m in Seed funding

New York based alternative investments infrastructure startup raised $5m in Seed funding led by Innovation Endeavors.

“Our mission is simple: drive better investment decision-making with better data,” said CEO Olivier Babin.

Wrapbook raises $20m in growth funding

New York based production payroll and accounting startup raised $20m in growth funding led by Bessemer Venture Partners.

“Our platform and elevated services model allow these crucial team members to manage complex processes efficiently and contribute more...…

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LiveFlow raises $13.5m in Series A funding

New York based AI accounting platform raised $13.5m in Series A funding led by Valar Ventures.

“Our plan is to utilize AI to make accounting firms more efficient, but we think the accountant will still be there,” said CEO Lasse Kalkar.

Mesa raises $7.2m in Seed funding

Austin based mortgage payments platform raised $7.2m in Seed funding led by Streamlined Ventures.

We’ve just taken what everybody loves about travel and dining cards to re-contextualize that for the homeowner/parent,” said CEO Kelley...…

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Outgo raises $15m in new funding

Seattle based freight banking startup raised $15m in new funding led by Gradient Ventures.

“We’ve built software on top of a bank to provide an all-in-one solution to help carriers run their business more thoughtfully, with more...…

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Simpler raises €9m in Seed funding

London based e-commerce checkout startup raised €9m in Seed funding led by VentureFriends.

“I knew there had to be a better way to reduce friction for both merchants and customers,” said CEO Rania Lamprou.

Sitewire raises $3.2m in Seed funding

California based construction finance startup raised $3.2m in Seed capital led by Zacua Ventures.

“For the small local businesses constructing most homes, quick payments are critical. Cash delays can lead to significant disruptions,...…

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Yonder raises £23.4m in Series B funding

UK based rewards credit card startup raises £23.4m in Series B funding led by Repeat and RTP Global.

“More than a fifth of our members’ spend each month is on travel, and the no FX fees abroad, points earned abroad and worldwide family...…

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Cayena raises $55m in Series B funding

Brazil based transaction platform for the wholesale food industry raised $55m in Series B funding led by Bicycle Capital.

“It’s a single platform where a restaurant owner has access to more than 50,000 products."

Vana raises $5m in new funding

San Francisco based crypto startup building a network of user-owned data pools raised $5m in new funding led by Coinbase Ventures.

"It's about owning a stake in AI. What we've seen too, from a user-adoption perspective, it's much more compelling or interesting to give...…

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Nopillo raises €4m in Seed funding

France based tax solution for real estate investments raised €4m in Seed funding led by Newfund.

"By leveraging underutilized tax regimes like LMNP, Nopillo had already helped 4000+ landlords significantly reduce their tax burdens,...…

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Yellow Network raises $10m in Seed funding

Decentralized clearing network for digital assets raised $10m in Seed funding led by Ripple co-founder Chris Larsen.

"Yellow Network's decentralized clearing protocol is essential for the new players entering the space, and its ability to deliver fast...…

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The Open Network raises $30m in new funding

Switzerland based blockchain platform behind the Telegram crypto ecosystem raised $30m in new funding led by Bitget and Foresight Ventures.

“All TON tokens acquired have a lock-up period and will be gradually released according to the vesting scheme to ensure that all parties...…

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Point.me raises $15m in Series B funding

New York based points and travel reward search platform raised $15m in Series B funding led by Nyca Partners and Citi Ventures.

"Now, all travel enthusiasts can more easily answer these questions: firstly, should I use points or cash? And secondly, which points are...…

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Fermah raises $5.2m in Seed funding

George Town based zero-knowledge proof startup raised $5.2m in Seed funding led by a16z Crypto Startup Accelerator and Lemniscap.

"After over 15 years of building ZKPs, I can clearly see that we are approaching an inflection point: the infrastructure is finally in...…

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Neverless raises $6.8m in PreSeed funding

London based crypto trading app launched by three former Revolut executives raised $6.8m in PreSeed funding led by European VCs.

"We’re going after all the platforms that exploit their users with fees."

Loop raises $6.4m CAD in new funding

Toronto based cross-border payments solution for businesses raised $6.4m CAD in new funding led by Mistral Venture Partners.

"Modern companies are built to operate globally, yet the process of setting up banking services to conduct business in a foreign market...…

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Roots Automation raises $22.2m in Series B funding

New York based maker of a generative AI model for insurance claims raised $22.2m in Series B funding led by Harbert Growth Partners.

"Six years ago, Roots set out to solve the unstructured data problem that insurers, third-party administrators (TPAs), brokers and agents...…

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Orb raises $25m in Series B funding

SF based real-time billing software startup raised $25m in Series B funding led by Mayfield.

“Unlike all the tools we had access to as developers, billing systems were inflexible and rigid. We found it super counterintuitive that...…

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Mangomint raises $35m in Series B funding

Los Angeles based provider of salon and spa software raised $35m in Series B funding led by Altos Ventures.

"Led by CEO Daniel Lang, Mangomint is a provider of a SaaS platform designed to automate day-to-day operations, increase profit, and...…

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Hotel Engine raises $140m in Series C funding

Denver based hospitality booking company raised $140m in Series C funding led by Permira.

“The group industry, it’s meetings, conferences, and events. It’s a very, very big space. It’s very broken and very manual."

Infinit raises $6m in new funding

Distributed DeFi abstraction protocol raised $6m in new funding led by Electric Capital. 

“The goal is for coding to eventually become a non-requirement, allowing anyone to build and launch in minutes using the INFINIT...…

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Bounti raises $16m in Seed funding

California based AI platform for sales and customer success teams raised $16m in Seed funding led by GV.

“At Bounti, we’re creating technology that empowers sales, marketing and customer success teams to focus on meaningful human work, and...…

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Every raises $22.5m in Series A funding

SF based payroll, onboarding, and spend management startup raised $22.5m in Series A funding led by Redpoint Ventures.

“We spent all this time building pretty advanced expense management, banking, payroll, all that stuff. Now we will release incorporation...…

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Nirvana raises $24.2m in Series A funding

Miami based healthcare startup raised $24.2m in Series A funding led by Northzone.

"Nirvana takes advantage of developments in AI to interpret how what parts of long and complex insurance policies apply to a patient's...…

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Cashmere raises $3.6m in series Seed funding

New York based wealth management startup raised $3.6m in series Seed funding led by Canapi Ventures.

"The investment will be directed towards refining Cashmere’s technology."

Nostra AI raises $8.9m in Series A funding

New York based e-commerce startup raised $8.9m in Series A funding led by High Alpha.

"With enterprise customer momentum including fashion retailer Forever 21, Nostra AI’s Edge Delivery Engine™ showcases immediate impact on...…

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Paymob raises $22m in Series B funding

Egypt based payments startup raised $22m in Series B funding led by PayPal Ventures.

"There was a gap between what banks were offering and the financial technology requirements of new business models."

Polly raises $25m in growth funding

San Francisco based mortgage capital startup raised $25m in growth funding led by 8VC. 

"Since the company's inception in 2019, Polly has represented a significant paradigm shift."

Brico raises $8m in new funding

San Francisco based software automation startup raised $8m in new funding led by Pear Ventures.

"Brico's automated license management tool facilitates the entire lifecycle."

IN1 raises $6m in series Seed funding

Poland based financial and crypto management startup raised $6m in series Seed funding led by Brainstorm Ventures.

"IN1 lets users manage all their cards and accounts within a single mobile app. The platform also offers fiat accounts for different...…

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Drip raises $8m in series Seed funding

New York based content creator startup raised $8m in series Seed funding led by NFX.

"The Solana-based creator platform announced its seed round today."

Sloneek raises €3.6m in new funding

Czech based HR and payroll startup raised €3.6m in new funding led by Purple Ventures.

"The investment will help Sloneek further its technological development."

PastPay raises $13.3m in Series A funding

Hungary based buy-now-pay-later startup raised $13.3m in Series A funding led by Platina Capital.

"PastPay raised $13.3 million using an 11-slide pitch deck."

Twenty7tec raises £16.5m in growth funding

Bournemouth based mortgage startup raised £16.5m in growth funding led by BFG.

"Twenty7tec has become a significant player in the UK’s mortgage technology scene, increasingly popular among wealth advisers."

Warehow raises £2.1m in Series A funding

Britain based e-commerce startup raised £2.1m in Series A funding led by Midlands Engine Investment Fund.

"The latest investment, which brings the total raised to over £3.75m, will enable Warehow to further develop its technology."

Illuma Labs raises $9m in Series A funding

Texas based banking contact startup raised $9m in Series A funding led by LiveOak Ventures. 

"LiveOak Ventures led, and was joined by Forefront Ventures, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU."

Form3 raises $50m in new funding

Britain based payment startup raised $50m in new funding led by British Patient Capital.

"Neither Walters nor Mueller have a technical background, instead specializing in the strategic and product sides of the business."

MirrorWeb raises $63m in growth funding

Britain based regulatory and compliance startup raised $63m in growth funding led by Mainsail Partners.

"MirrorWeb is an archiving and communications surveillance platform for governments, banks, and financial industries."

NetNow raises $1.8m in pre-seed funding

Toronto based trade credit automation platform raised $1.8m in pre-seed funding led by Ripple Ventures.

"Wholesalers and distributors need better tools to manage trade credit applications and reduce credit risk."

Agree raises $3m in pre-seed funding

San Francisco based invoice startup raised $3m in pre-seed funding led by BetterTomorrow Ventures.

"With Agree, consumers can receive payment through ACH, credit cards, or wire transfers and sync their financial transactions."

Korint raises €5m in new funding

Paris based insurance startup raised €5m in new funding led by Ventech.

"Korint develops an insurance platform that streamlines the process for insurers and brokers to launch new insurance products."

Finally raises $50m in Series B funding

Maimi based bookkeeping startup raised $50m in Series B funding led by PeakSpan Capital.

"Felix Rodriguez came up with the idea for Finally after seeing his Dominican Republican-born family start their own businesses in the...…

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DeFi.Gold raises $2.2m in new funding

Cayman Islands based NFT marketplace and DeFi exchange built on Bitcoin raised $2.2m in new funding led by London Real founder Brian Rose.

"This vote of confidence accelerates our mission to deliver a user-friendly and comprehensive Bitcoin DeFi experience.”

Capsa AI raises €2m in Seed funding

London based private equity due diligence startup raised €2m in Seed funding led by Outward VC.

“The Capsa AI team has developed a groundbreaking solution that is fundamentally reshaping how private equity firms approach due diligence."

Cognitive Credit raises $10m in Series B funding

London based data and analytics software provider for corporate credit markets raised $10m in Series B funding led by ETFS Capital.

“With the digital evolution of credit now inevitable, we are pleased to have ETFS join our team given their deep experience in capital...…

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Oyster raises $59m in Series D funding

San Francisco based payroll and HR platform for distributed workforces raised $59m in Series D funding led by Silver Lake.

“We’ve grown significantly … more than 7x in two years, and we improved our margins tremendously. It’s a completely different business...…

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Thatch raises $38m in Series A funding

San Francisco based health payments and benefits company raised $38m in Series A funding led by Index and General Catalyst.

"There's finally momentum towards a health insurance market that serves real people's needs."

Ida raises $6m in Seed funding

Hong Kong based digital asset company raised $6m in Seed funding led by CMCC Global.

HKDA, a fiat-referenced stablecoin built on public blockchain protocols, will be the first product launched by IDA.

Palm raises $6.1m in Seed funding

Sweden and Netherlands based enterprise cash management startup raised $6.1m in Seed funding led by Speedinvest.

“With Treasury teams deciding how the largest corporations move cash around the world, it became obvious that guiding those money flows...…

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Ume raises $15m in Series A funding

Sao Paulo based payments startup raised $15m in Series A funding led by PayPal Ventures.

“By being Pix native, Ume ensures rapid and secure transactions that enhance the user experience and streamline the credit process.”

Peregrine Exploration raises $3.6m in new funding

Decentralized developer of the Level stablecoin protocol raised $3.6m in new funding co-led by Polychain Capital and Dragonfly.

“Level was founded on the belief that the two most important use cases of crypto are the permissionless access to digital dollars and the...…

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Cercli raises $4m in seed funding

Dubai based payroll startup focused on the MENA region raised $4m in seed funding led by Afore Capital.

“Building to solve for one of the region’s largest challenges: managing a global workforce while meeting compliance requirements.”

Quai raises $5m in new funding

Decentralized layer-1 crypto network raised $5m in new funding led by Cogitent Ventures.

"The first decentralized energy dollar on the only scalable and programmable proof-of-work blockchain."

PostEx raises $7.3m in Series A funding

Pakistan based fintech and logistics company raised $7.3m in Series A funding led by Conjunction Capital.

The company intends to use the funds to consolidate its market position in Pakistan and support expansion into the GCC.

SatLayer raises $8m in pre-Seed funding

Decentralized BTC re-staking platform developer raised $8m in pre-Seed funding led by Castle Island Ventures.

With SaltLayer, any decentralized application or infrastructure provider can join as Bitcoin Validated Services.

Fondeadora cards are coming to Apple Pay

New banks and financial institutions can now offer cards in the Apple Pay Wallet, including Fondeadora.

"New banks have arrived on digital platforms and it is now easier to make purchases with your cell phone. Therefore, the recent inclusion...…

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