Fintech Startups WorldWide News

Feedstock Receives Investment

FeedStock, the intelligent information management platform, has today announced a strategic investment from Illuminate Financial Management (IFM).

March 14, 2017 UK Trading, Investing

Freetrade Raises £1.1M

Freetrade, a London, UK-based mobile app designed to give users access to global stocks, raised £1.1m through a crowdfunding campaign on Crowdcube.

March 14, 2017 UK Trading, Investing

Silverfin Raises $4.5M

Silverfin, a startup out of Ghent, Belgium (of all places) that offers a “connected accounting platform” to help businesses stay on top of their financial data, has picked up $4.5 million in Series A funding.

SolarisBank raises $28M

Seeking to unite Europe’s fractured financial systems, Berlin-based solarisBank announced a fresh round of financing today to extend the reach of its services.

March 13, 2017 Germany Banking

Toss closes $48M Series C

Viva Republica, the company behind Korean financial services app Toss, has closed a $48 million Series C funding round that includes a strategic investment from payment giant PayPal.

March 09, 2017 S. Korea Money Transfer

NAB Ventures leads $24M for Veem

National Australia Bank has led a US$24 million Series B round (approximately $31 million) in San Francisco-based foreign exchange payments company Veem through its VC fund, NAB Ventures.

March 08, 2017 USA Payment

Currencycloud raises £20M

Currencycloud, which builds tools for payment companies to use by way of an API to enable remittances and money exchanges across borders, has raised £20M in a Series D round of funding led by Google’s GV, its first fintech investment in Europe.

March 08, 2017 UK Payment

Qapital Raises $12M

Sweden’s Qapital has raised $12 million in a Series A round from Industrifonden, Northzone, Rocketship VC and Anthemis Exponential Ventures.

Dream Payments Closes $10M Series A

Dream Payments, a leading financial technology company that operates a payments cloud that powers commerce and payments across mobile devices and the Internet of Things (IoT), today announced the closing of a $10 million Series A financing round.

March 08, 2017 Canada Payment

Amartha Scores Funding

Indonesian peer-to-peer lending firm Amartha said today it’s raised a series A investment led by Mandiri Capital Indonesia (MCI), the VC fund of Indonesia’s largest bank by assets, Bank Mandiri.

March 07, 2017 Indonesia Lending

Interswitch Receives Investment

Interswitch, an Africa-focused integrated digital payments and commerce company, received a minority equity investment from TA Associates.

March 06, 2017 Nigeria Payment

Transfast Receives Investment

Apis Growth Fund I, a private equity fund managed by Apis Partners LLP (“Apis”) announces that it has acquired a non-controlling minority stake in Trans-Fast Remittance LLC (“Transfast” and the “Company”), a leading global payments company.

March 06, 2017 USA Money Transfer

Dynamis Software raises $1.3M

West Allis-based Dynamis Software Corp. has completed a $1.3 million angel funding round, according to an SEC document filed Friday.

March 06, 2017 USA Insurance

Oinky raises $1M

Oinky, a London-based savings app, has raised approximately $1m (£765,000) in Seed funding from a group of high net worth individuals and entrepreneurs from the finance and tech sectors.

Wirex Closes $3M Japan Funding Round

UK-based fiat and cryptocurrency online banking platform Wirex has announced it has raised $3 mln from Japanese SBI Group.

March 06, 2017 UK Bitcoin, Blockchain

Algomi Receives $10M

Algomi, a London, UK-based fixed income technology provider, received a $10m strategic investment.

March 05, 2017 UK Trading, Investing

Atom Bank raises $102M

Atom Bank raises $102M at $320M valuation for a mobile-only bank for millennials

March 03, 2017 UK Banking

Sensibill Raises $17M

Sensibill has raised $17.3 million in a Series A round led by Information Venture Partners of Toronto with participation from OpenText Enterprise Apps Fund and Operative Capital, reports The Globe and Mail.

LIQID collects €4.5M

Berlin fintech LIQID, a member of Deutsche Börse Venture Network since October 2016, has closed a new financing round: the young company received € 4.5 million of fresh capital.

March 02, 2017 Germany Wealth Management

PolicyPal Secures Seed Funding

Singapore-based digital insurance app PolicyPal announced today that it’s secured an undisclosed amount of seed funding in a round led by 500 Startups.

March 02, 2017 Singapore Insurance

CampusLogic Bags $10M in Series B

Financial aid engagement platform, today announced that it has secured $10 million in a Series B financing round led by 4.0 Partners.

March 02, 2017 USA Lending

Upstart Raises $32.5M

Upstart Raises $32.5M Series D Round

March 02, 2017 USA Lending

Yoco raises funding for expansion

South African fintech startup Yoco, which allows small business to accept card payments, has raised an undisclosed amount of funding to help it expand nationally and internationally.

March 01, 2017 South Africa Payment

BrickVest has raised £2M

Online property investment platform BrickVest has raised £2 million from its second fundraising round.

February 28, 2017 UK Crowdfunding

OneVisage SA closes Seed financing round

OneVisage SA, a Lausanne based startup specialising in 3D facial authentication technology, announces the successful closing of its seed financing round. The funding will accelerate the industrialization of its patent pending 3DAuth solution.

RedCarpet raises $2.5M

Fintech startup RedCarpet has raised $2.5 million in a round led by Lightspeed Venture Partners, while tech firm Karomi has raised $524,000 funding from Ideaspring Capital.

February 28, 2017 India Scoring, Identity, Fraud

CreditMantri Raises $7.6M

Online lending platform CreditMantri today said it has raised USD 7.6 million (about Rs 51.4 crore) in a Series B (second strategic round) funding from Quona Capital and others.

February 28, 2017 India Scoring, Identity, Fraud

Dealflo closes £10M Series B

London-based FinTech firm Dealflo has closed its £10m Series B round led by Delivery Hero backer, Holtzbrinck Ventures.

February 27, 2017 UK Scoring, Identity, Fraud

PayinTech raises €2.5

French fintech startup PayinTech, a wearable payment solution focusing on the tourism and leisure sector, announced that it has raised €2.5 million.

February 27, 2017 France Payment

Freetrade Secures £300K Funding Goal

Freetrade, a platform designed to let users invest in stock markets around the world, has successfully secured its initial £300,000 funding target and is now nearing £560,000 through its second equity crowdfunding campaign on Crowdcube.

February 27, 2017 UK Trading, Investing