Fintech Startups WorldWide News

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.

May 24, 2017 UK Insurance

Prumentum Group raises $25m

With $25 million in funding, Prumentum Group is building a “hybrid robo” wealth manager

May 24, 2017 USA Wealth 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.

May 24, 2017 Malaysia Payment

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.

Merlon Intelligence raises $7.65M in see

Merlon Intelligence raises $7.65 million in seed financing to combat money laundering

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.

R3 raises $107 million

Blockchain consortium R3 raises $107 million

May 23, 2017 USA Bitcoin, Blockchain

Long Game raises $6.6 million

Long Game raises $6.6 million for a savings account that doubles as a lottery ticket

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.

May 23, 2017 India Insurance

PolicyGenius raises $30M

PolicyGenius raises $30 million from Norwest Venture Partners

May 23, 2017 USA Insurance

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.

May 23, 2017 USA Lending

Coins raises $5M

Prolific investment firm Naspers is making a push into bitcoin and financial services after it backed Philippines-based startup to the tune of $5 million.

May 23, 2017 Philippines Payment

Binded raises $950K

Binded raises another $950K for its copyright-protecting tools

May 23, 2017 USA Bitcoin, Blockchain

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.

May 23, 2017 USA Trading, Investing

Compareit4me secures $3.5M, 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.

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.

Meta SaaS raises $1.5 million

Meta SaaS raises $1.5 million from Mark Cuban and others

May 23, 2017 USA Payment

Meta SaaS raises $1.5 million

Meta SaaS raises $1.5 million from Mark Cuban and others

May 23, 2017 USA Payment

MBO Partners raises money

MBO Partners, a Herndon, VA-based provider of independent workforce solutions, received a major growth investment from Primus Capital.

Borsadelcredito raises €1.6M, a Milan, Italy-based SME market peer to peer lending company, closed €1.6m in funding.

May 22, 2017 Italy Lending

RSK Raises $3.5 Million

RSK Labs announced today at Consensus 2017, that it has received an additional $3.5m in pre-Series A funding.

Growish Raises €400K in Funding

Growish, a Milan, Italy-based fintech startup, raised €400k in funding.

May 22, 2017 Italy Crowdfunding

Ummeed Housing raises $5.6M

Ummeed Housing Finance Pvt. Ltd has raised a series B round of funding of $5.6 million from impact investor Lok Capital and Duane Park, a top company executive said.

May 22, 2017 India Lending

LedgerX raises $11.4M

Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday it closed $11.4 million in funding led by Miami International Holdings Inc and China’s Huiyin Blockchain Venture Investments.

May 22, 2017 USA Trading, Investing

Blispay raises $12 million

Blispay raises $12 million to help retail customers avoid payments for 6 months

May 22, 2017 USA Payment

Precognitive raises $1.25M

Precognitive Raises $1.25M in Seed Funding to Accelerate Growth

Paytm raises $1.4 billion

Paytm has raised $1.4 billion from SoftBank Group Corp. in the largest funding round by a single investor in India, making the digital payments firm the Japanese company’s biggest bet in India’s start-up ecosystem.

May 18, 2017 India Payment

FreeCharge gets ₹22 crore funding

Jasper Infotech, which now owns and operates FreeCharge, has made an investment of ₹22 crore in the payments company.

May 18, 2017 India Payment

MFI Arohan raises money

Microfinance company Arohan Financial Services Pvt Ltd, a part of Aavishkaar-Intellecap Group, has raised a total of Rs 155.5 crores ($24 million) to fund its expansion plans.

May 18, 2017 India Lending

Expensya raises $1.1M

Tunisian expense management startup, Expensya has raised US$1.1 million from undisclosed private investors for Research and Development (R&D) and international expansion.