Tagged: ribbit capital

India-based Online Lender Capital Float Secures $45 Million During Series C Funding Round Led By Ribbit Capital

Last week, India-based online lender Capital Float announced it secured $45 million during its Series C funding round, which was led by Ribbit Capital with participation from returning investors SAIF Partners, Sequoia India, and Creation Investment. Founded in 2013, Capital Float describes itself as a… Read More

Raisin, A Global Open Banking Forerunner

Pan-European marketplace for savings products, Raisin has become the poster child of Fintech disruption as it managed to convince 75,000 investors to put more than €3 billion into savings accounts held at foreign banks. We spoke with Tamaz Georgadze, co-founder and CEO, who explained to… Read More

Digital Challenger Bank Revolut Raises $66 Million in Series B Funding

Revolut has announced a $66 million Series B funding round to fuel an “aggressive expansion across Asia and North America”. The funding was described as a clear demonstration of strength for the UK based digital bank as a clear alternative to more traditional banking providers…. Read More

BTCjam Sets Closing Date. Users May Withdraw Stored Bitcoin until July

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. The platform cited regulatory challenges around bitcoin and the difficulties introducing bitcoin technology to poor communities around… Read More

No Sour Grapes: Online Marketplace Raisin’s €3 Billion+ in Investments

Only three and a half years after its launch as WeltSparen in Germany, Raisin, the online marketplace for savings products, counts more than €3 billion in investments done on the platform. Raisin secured €60 million in several financing rounds from investors including Index Ventures, Ribbit Capital and Thrive Capital…. Read More

USAA Enters Bitcoin Space, Invests in Coinbase’s $75M Series C Funding Round

“USAA’s recent entrance into the bitcoin space may have been driven, in part, by interest in the technology among its own membership,” reported Stan Higgens from CoinDesk.  “The Fortune 500 financial services company, based in Texas, was among a diverse group of investors that took part in… Read More

Funding Circle Grabs $37 Million in Series C Funding Led by Accel Partners

Over 57,000 UK citizens have joined Funding Circle with over £165 Million lent to British businesses.  Now the Peer-to-Peer platform is getting bigger and they have received $37 Million in a Series C round led by Accel Patners.  Additional investors included Union Square Ventures, Index… Read More