Fintech Startups WorldWide News

IceKredit raises $16M

China Creation Ventures, has led a RMB110 million (US$16 million) series A round in IceKredit Inc., a Shanghai-based credit assessment service provider catering to small and medium-sized enterprises (SMEs).

Factom raises $8 Million

Factom, the Texas-based blockchain as-a-service (BaaS) technology company that secures data via decentralization, has closed their Series A funding at $8,029,796 USD following the launch of its mortgage product, Factom Harmony.

April 18, 2017 USA Bitcoin, Blockchain

Qover raises €5.5 million

Belgian financial technology startup Qover has raised €5.5 million in a Series A round led by Anthemis.

April 17, 2017 Belgium Insurance

Axiata Digital invests $16.8M into BIMA

AXIATA Digital announcing last week a US$16.8 million investment into BIMA.

April 17, 2017 Sweden Insurance

iBAN Surpasses £100,000 Funding

Online lending platform, iBAN, has successfully secured its initial £100,000 funding target through Seedrs.

April 14, 2017 UK Lending

WeTrust receives $4.5M

WeTrust Receives $4.5 Million with an ICO

April 13, 2017 USA Bitcoin, Blockchain

LVH and 55 Capital raise $10M

LVH, the parent of 55 Capital, has raised $10 million in Series A funding to build out its technology platform for investors and further its financial research.

April 13, 2017 USA Trading, Investing

College Ave Student Loans raises $30M

College Ave Student Loans, the leading next-generation student loan marketplace lender, announced today it has secured $30 million in funding.

April 13, 2017 USA Lending

First Circle raised $1.3M

A Philippines-based alternative SME lender has landed new venture capital. First Circle raised $1.3 million from Accion Venture Lab and Deep Blue Ventures, a round that adds to the $1.2 million First Circle raised last year.

April 12, 2017 Philippines Lending

BetterView raised money

Penn-focused venture firm Chestnut Street Ventures just made the first investment from its inaugural fund on San Francisco-based drone inspection company BetterView.

April 12, 2017 USA Insurance

Neyber closes $7.5M

inTech startup Neyber, which allows employers to offer access to ‘affordable’ loans, has raised £7.5m in Series B funding.

April 11, 2017 UK Lending

Finvale attracts $500K in seed capital

ITI Technologies, operating under the brand Finvale, has closed a $500,000 investment deal from a consortium of venture capital funds specialising in fintech.

Meniga raised €7.5M

Digital banking technology startup Meniga has announced a funding round of €7.5 million from Industrifonden.

April 07, 2017 Iceland Banking

Trov raised $45M

Insurance tech startup Trov has closed a $45 million Series D funding round led by HSB Ventures, with participation from Oak HC/FT, Suncorp Group, Guidewire, Anthemis, and Japanese insurance giant Sompo Holdings.

April 06, 2017 USA Insurance

Wecash raised $80M in Series C round

Fintech startup Wecash (闪银) announced today that is has raised US$ 80 million funding in a series C round led by China Merchants Innovation Investment Management, Forebright Capital Management, and SIG, local media is reporting (in Chinese).

Street Contxt gets funding boost

Street Contxt today announced an investment by a strategic funding consortium led by existing investor Joe Lonsdale of 8VC, and including an investment by Point72 Ventures, the early-stage venture capital strategy of Point72 Asset Management.

April 05, 2017 Canada Trading, Investing

SmartCoin raised money

Micro-lending app SmartCoin which raised an undisclosed amount of funding led by Unicorn India Ventures, offers customers personalized loan products to consumers.

April 04, 2017 India Lending

Credit Sudhaar raised money

Mumbai-based Credit Sudhaar Services Pvt. Ltd has raised undisclosed amounts from Deepak Kulkarni and Sandeep Pangal, two senior executives it has inducted to its board as directors and shareholders, a top company executive told VCCircle.

April 04, 2017 India Lending

Myprosperity received strategic investme

myprosperity, Australia’s leading cloud-based financial management platform has recently closed a $2.5M strategic investment round and appointed former Xero Australia MD Chris Ridd as Chief Executive Officer.

Wellthie raised $5M in Series A round

Wellthie, a NYC-based insurtech startup, raised $5m in Series A funding.

April 04, 2017 USA Insurance

Groundspeed Analytics raised $2M

Groundspeed Analytics (Groundspeed), the commercial insurance data automation firm accelerating financial performance through machine learning, announced it has completed a $2.0 million Series A round of financing.

April 04, 2017 USA Insurance

SONECT raised money for seed round

Swiss fintech start-up SONECT has recently closed their first funding round. The start-up will use the funds to further develop the platform and to roll out the service.

April 04, 2017 Switzerland Payment

Oval raised €1.2M

Oval, a London, UK-based fintech startup that provides a consumer saving app, raised approx. €1.2m in funding.

Ayopop raised $1M in seed round

The app’s co-founders Chiragh Kirpalani and Jakob Rost announced they’ve locked in a US$1 million seed round.

April 04, 2017 Indonesia Payment

Perfios raised $6.1M

Bengaluru-based fintech firm Perfios has reportedly raised $6.1 Mn (INR 40 Cr) in Series A funding round from Bessemer Venture Partners.

Savedroid Boosts raised ~$22M

German startup had picked up funding from investment bank Rhineland-Palatinate and a group of angel investors including Debjit Chaudhuri, founder of Traxpay and former Infosys manager.

iyzico raised $2M (+$13M)

Iyzico, the Turkish fintech startup to let e-commerce sites and other apps easily accept online payments, has closed $15 million in a Series C round, $13 million of which was announced earlier this year.

April 03, 2017 Turkey Payment

CASHe raised Rs 25 Cr in Series A round

Aeries Financial Technologies Pvt. Ltd., a fintech company promoted by serial entrepreneur and private equity investor Mr. V. Raman Kumar, today announced that CASHe, India’s growing app-only lending platform has closed a series A funding

April 03, 2017 India Lending

Motilal Oswal picks up 9% stake

Motilal Oswal Financial Services Ltd and a subsidiary will acquire a 9.07 per cent stake in Ahmedabad-based MAS Financial Services Ltd.

April 02, 2017 India Lending

Otherwise raised €1.6M in seed round

Otherwise, a Paris, France – based peer-to-peer insurance platform, closed a seed round of €1.6m.

April 01, 2017 France Insurance