Fintech Startups WorldWide News
Bank-Genie raises money
Singapore-based fintech startup Bank-Genie has secured an undisclosed Series A investment from SBI FMO Emerging Asia Financial Sector Fund (SBI-FMO Fund).
Cube raises seed funding
Mobile banking portal operator Cube Consumer Services Pvt. Ltd, which was launched by co-founder of online payments company Citrus Pay, Satyen Kothari, has raised its first external funding, a person privy to the development told VCCircle.
Nivesh raises money
Mutual fund investment platform Nivesh.com raises angel round
Practice Ignition raises $5 million
Accounting software platform Practice Ignition has announced the close of a $5 million Series A round led by Microequities Venture Capital Fund, with the funds to help fuel the startup’s international growth and expand its team.
FinChat raises seed money
FinChat, a tool that makes messaging apps compliant with banks, is top winner at Seedstars Singapore
WhatsLoan raises money
South Indian music recording company, Lahiri Music’s family office has invested an undisclosed amount of funding in two startups – dating application Happn and fintech application WhatsLoan.
Nomis Solutions Receives Investment
Nomis Solutions, a San Bruno, CA-based provider of analytics-driven pricing and profitability-management solutions to retail banks, received a minority investment from Accenture (NYSE: ACN).
Spruce raises $4.5M
Spruce, a new startup looking to speed up the mortgage-closing process, has raised $4.5 million in its Series A financing from Bessemer Venture Partners, Omidyar Network and Third Prime Capital, along with a slew of private angel investors.
Purpose Investments announced investment
Purpose Investments Inc. ("Purpose" or the "Company") announced today that it has reached a definitive agreement to sell OMERS Platform Investments a minority interest in the Company.
Billtrust raises $50M
Hamilton, New Jersey-based Billtrust, a provider of bill payment services for the enterprise, raised a $50 million funding round led by Riverwood Capital Management.
Soft Space raises $5M
Soft Space Sdn Bhd has raised US$5 million from Japan's e-commerce firm transcosmos inc to form a capital and business affiliation that will transform the digital payment industry for traditional businesses in Malaysia and Southeast Asia.
Prumentum Group raises $25m
With $25 million in funding, Prumentum Group is building a “hybrid robo” wealth manager
Neos raises $5M
London-based home insurance startup Neos has raised £5m in a Series A round led by Aviva Ventures and “strategic partner” Munich Re, a German reinsurance firm.
MYLO raises $750,000
Montreal-based Mylo has raised a $750,000 pre-seed round from Ferst Capital Partners, with the participation of FinTech angel investors.
Acko raises $30M
In the first major funding round for a startup in the insurance tech space, Mumbai-based Acko General Insurance, set up by Coverfox founder Varun Dua, has racked up $30 million (Rs 200 crore) in its seed round.
Long Game raises $6.6 million
Long Game raises $6.6 million for a savings account that doubles as a lottery ticket
Bayzat raises $3M
UAE-based Bayzat, which provides insurance and HR solutions through an online platform, has raised $3 million from unnamed investors less than six months after it raised a round of $3.5 million.
Compareit4me secures $3.5M
compareit4me.com, the comparison site, has raised $3.5 million from its existing investors, including STC Ventures, Wamda Capital, Dubai Silicon Oasis Authority and Saned Partners, in its latest phase of funding.
T-REX raises $10M
T-REX, a financial technology ("fintech") company focused on providing data, analytics, and transactional tools for a variety of asset classes, including renewable energy, today announced the closing of a $10 million financing round.
Coins raises $5M
Prolific investment firm Naspers is making a push into bitcoin and financial services after it backed Philippines-based startup Coins.ph to the tune of $5 million.
Zibby raises $13.5M
Zibby, a New York City-based omnichannel lease-to-own payment option for online and in-store shopping, raised $13.5m in funding.
PolicyGenius raises $30M
PolicyGenius raises $30 million from Norwest Venture Partners
Merlon Intelligence raises $7.65M in see
Merlon Intelligence raises $7.65 million in seed financing to combat money laundering
Meta SaaS raises $1.5 million
Meta SaaS raises $1.5 million from Mark Cuban and others
Meta SaaS raises $1.5 million
Meta SaaS raises $1.5 million from Mark Cuban and others
MBO Partners raises money
MBO Partners, a Herndon, VA-based provider of independent workforce solutions, received a major growth investment from Primus Capital.