Tagged: investment

February 7, 2019 @ 1:59 pm By Samantha Hurst  |  

Jetty, a U.S.-based insurtech startup, announced on Wednesday it secured $25 million through its Series B funding round led by Keith Rabois of Khosla Ventures with participation from Valar Ventures and Ribbit Capital. Founded by Mike Rudoy and Luke Cohler, Jetty states it offers insurance that is designed to help… Read More

February 7, 2019 @ 8:13 am By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Thursday it secured €56 million through its investment round, which was led by Insight Venture Partners. Founded in 2012, Tink stated its mission is to make banking “better” by creating technology to improve… Read More

February 7, 2019 @ 7:58 am By Samantha Hurst  |  

Top British banking group Barclays has reportedly taken a minority stake in the UK-based fintech loyalty mobile app startup Bink. Founded in 2014, Bink stated its mission is to “redefine loyalty, making life simple and rewarding for all.” The company revealed: “Bink is set to transform… Read More

February 4, 2019 @ 9:11 am By Samantha Hurst  |  

LendingPoint announced on Monday it closed an increase of its mezzanine financing, bringing the total of the facility to $67.5 million. According to LendingPoint, a Paragon co-investor joined the facility as a lender, with Paragon Outcomes Management LLC leading the deal and participated in the upsizing. LendingPoint… Read More

January 30, 2019 @ 2:37 pm By Samantha Hurst  |  

Online student lending platform, Climb Credit, announced on Wednesday it secured $50 million in lending capital from the Goldman Sachs Urban Investment Group. Since launching in 2014, Climb reported it has originated nearly $100 million worth of loans, funded the education of nearly 10,000 students and partnered with over 100… Read More

January 30, 2019 @ 9:44 am By Samantha Hurst  |  

dv01, a platform that connects online lenders and investors with data management, announced on Wednesday it secured $15 million through its Series B funding round, which was led by Pivot Investment Partners with participation from Regions Financial Corp., as well as existing investors, including Quantum Strategic… Read More

January 29, 2019 @ 2:37 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, secured $30 million through its Series B funding round, which was reportedly led by Peter Thiel’s Valar Ventures. This news comes just one year after Valar Venture led Petal’s $13 million… Read More

January 29, 2019 @ 1:36 pm By Samantha Hurst  |  

Cryptoasset-to-USD lender BlockFi announced on Tuesday it has added Coinbase Ventures and Able Partners to its list of investors. This news comes just a little over a month after BlockFi secured $4 million in convertible debt investments led by Akuna Capital with participation from Susquehanna Government Products, LLLP,… Read More

January 28, 2019 @ 3:07 pm By Samantha Hurst  |  

Micro-investing app Acorns successfully secured $105 million through its Series E funding round, bringing the company’s valuation reportedly up to$860 million. BlackRock, Bain Capital Ventures, TPG’s Rise Fund, DST and Michael Dell’s MSD Capital notably participated in the round.  Founded in 2012, Acorns’ proprietary financial engine allows… Read More

January 25, 2019 @ 1:19 pm By Samantha Hurst  |  

Grayscale Investments, LLC, a digital currency investing authority, announced last week the launch of its new single-asset investment product, Grayscale Stellar Lumens Trust, which provides exposure to Lumens (XLM), the native asset of the Stellar network. Grayscale reported this is the ninth single-asset investment product is has introduced. According… Read More

January 25, 2019 @ 12:06 pm By Samantha Hurst  |  

BBVA announced on Friday its backed fintech investment fund Propel Venture Partners took part in the $6.2m Series A funding round of Groww, an India-based investment mobile app. Founded in 2017, Grow uses technology and expert financial knowledge to help make mobile investing simple and rewarding for users. The app’s mission… Read More

January 25, 2019 @ 11:35 am By Samantha Hurst  |  

RealBlocks, a U.S.-based blockchain-powered real estate tech platform, announced on Friday it secured $3.1 million through its latest seed funding round, which was led by Science Inc. with participation from Morgan Creek Digital, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. Founded in 2017, RealBlocks revealed… Read More

January 24, 2019 @ 10:05 pm By Samantha Hurst  |  

Albo, a Mexico-based fintech that offers consumers digital accounts with prepaid Mastercards for receiving, transferring, and spending, announced on Thursday it secured $7.4 million through its Series A investment round, which was led by Mountain Nazca and joined by the impact investment firm Omidyar Network,… Read More

January 24, 2019 @ 8:56 pm By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced on Thursday it has invested £7.5 Million in online lending platform, iwoca. Founded in 2018, Augmentum Fintech claims to be one of Europe’s leading venture capital investors that is focused exclusively on the fintech sector. The group invests in early and… Read More

January 24, 2019 @ 7:51 am By Samantha Hurst  |  

Symbiont, a smart contracts platform for institutional applications of distributed ledger technology, announced on Wednesday it secured $20 million through its Series B funding round, which was led by Nasdaq Ventures with participation from additional new investors including Galaxy Digital, Citi, and Raptor Group. Founded… Read More

January 22, 2019 @ 4:15 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Tuesday it secured £45 million through its latest funding round, which was led by Goldman Sachs and Convoy, which is an existing investor of the company. As previously reported, Nutmeg is described as the UK’s first online “discretionary investment management company.”… Read More

January 22, 2019 @ 12:34 pm By Samantha Hurst  |  

Dosh, an app that gives consumers cash back every time they shop at participating merchants, announced on Tuesday it secured $40 million, including $20 million in equity and $20 million in venture debt, through its Series B financing round. The round was led by Goodwater Capital, which led the Dosh’s Series A… Read More

January 21, 2019 @ 9:29 pm By Samantha Hurst  |  

Tandem, a Switzerland-based startup for smartcard-based NFC wallets for cryptocurrencies and blockchain assets, announced on Monday it received a $15 million investment from Japan’s SBI. According to Tandem, the investment will be used to accelerate the deployment of its cryptocurrency/stable coins, as well as other technologies,… Read More

January 21, 2019 @ 10:12 am By Samantha Hurst  |  

Zwipe, a Norway-based fingerprint payment startup, announced on Monday it secured NOK 120 million (USD 14 million) in the offering of new shares ahead of a planned admission to trading on Merkur Market, Oslo Børs. Founded in 2009, Zwipe describes itself as a biometric tech startup that… Read More

January 18, 2019 @ 10:55 pm By Samantha Hurst  |  

Blueprints, a UK-based investment platform for equitable development projects, is now seeking £950,000 through its new equity crowdfunding campaign on Crowdcube. Founded in 2016, Blueprints’ mission is to empower the growth of developing regions by providing citizens globally with the tools to build equitable societies in a… Read More