Tagged: venture capital

London Fintech Meniga Raises €7.5 million

Earlier this week, Fintech firm Meniga raised €7.5 million in investments for their digital banking platform. This money was invested, or rather reinvested, primarily by Nordic venture capitalists. Leading this round of funding was Industrifonden, a venture capital firm based in Norway. They were joined by… Read More

Fintech Deals in South East Asia Hit Record Numbers in 2016

The total number of venture-backed deals to fintech companies in South East Asia (i.e. Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) reached record highs in 2016 according to data released by CB Insights recently. Deals Up, Dollars Down 2016 saw 71 total deals in the… Read More

KPMG Fintech Report: Fintech Investment Declined in 2016 But Still Robust

KPMG published their quarterly Fintech report last week. The Pulse of Fintech Q4 2016, shares both quarterly and full year numbers for global Fintech investment. According to the report, investments and mergers value dropped from $46.7 billion in 2015 to $24.7 billion in 2016. KPMG… Read More

VC Firm Draper Esprit Expands Presence in Ireland with the Appointment of Nicola McClafferty

Venture capital firm Draper Esprit (AIM: GROW, ESM: GRW) has appointed Nicola McClafferty to the Dublin office. She will join Brian Caulfield as the VC seeks to identify the next generation of Irish tech firms poised for success. McClafferty was most recently CEO of  Covetique.com, a… Read More

Innovate Finance Report on VC Investment into Fintech: Up Globally, Down in the UK

Innovate Finance is out with a report on global Fintech investment. According to their numbers, global venture capital into Fintech jumped by 10.9% to $17.4 billion in 2016 with 1,436 deals. Meanwhile, VC Fintech investment dropped by 33.7% in the  UK.  Global Fintech investment surpassed… Read More

Nyca Partners Announcement: Latest Venture Capital Fund Receives Over $125 Million in Total Commitments

Venture capital and advisory firm, Nyca Partners (Nyca), announced on Friday its latest venture capital fund received more than $125 million in total commitments. The company reports that over the course of the next 30 months, its founder, former Visa president, and LendingClub chairman, Han Morris,… Read More

Fintech Startup Alpaca Secures $1.75 Million During Latest Venture Round

Alpaca, a California-based Fintech startup building AI and database technology for financial trading, on Tuesday the closing of its venture round, which has secured $1.75 million. Participants of the latest round include D4V, a joint-venture fund by IDEO and Genuine Startups, Monex Ventures of Monex… Read More

Dow Jones European Venture Capital Report Shows Increase in Q4

Venture Capital investment into European companies increased in Q4 in comparison to Q3 2016 and the same quarter year prior. This is according to Dow Jones European Venture Capital Report that described Q4 as a “rebound”. Dow Jones tallied 19 European venture capital funds raising €1.60… Read More

PwC / CBInsights: US VC Backed Deals Tank in Q4 of 2016

In a discouraging sign, investment in venture capital backed companies tanked in Q4 of 2016. This is according to the PwC / CBInsights MoneyTree Report. Both deals and dollars sagged, 16% and 20% respectively. The report said the global market experienced a similar decline with… Read More

Canada Fintech Vy for Top Global Ranking; Investments Reach Highest Level

In addition to Asia’s steady to accelerated growth in the fintech sector, we can now add Canada’s success in the industry.  According to a Reuters report, Canada’s fintech companies saw last year their highest levels of VC-backed investments in nearly two decades.  This occurred even… Read More

PwC: $10.6 Billion in Venture Capital During Q3, a Decline From Year Prior

PwC has published a report on venture capital indicating that $10.6 went into early stage companies during the 3rd quarter of 2016. The MoneyTree Report, based on data provided by ThomsonReuters, showed that venture capital declined by 36% in total number of deals and by… Read More

Tech Coast Angels MIT / Harvard Report: Angel Returns Superior to VCs

Tech Coast Angels has enlisted the assistance of Josh Lerner from the Harvard Business School and Antoinette Schoar from MIT to research angel investing and the overall impact on the companies they fund.  The report (embedded below) indicates that angel networks have a demonstrably positive… Read More

PwC’s MoneyTree Q2 2016 Report: VCs invested $15.3 Billion in 961 Deals

With seed stage numbers coming in at over $6M, why is Reg CF stuck at $1M?  Who is getting access to the better deals? According to The MoneyTreeReportTM from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters,… Read More

Chinese VC Firm Pando Group Invests $2M In Israeli Fintech Hub ‘The Floor’

Israel’s fintech scene is a can’t-miss these days. As a recent example, Chinese venture capital firm Pando Group has invested US$2 million (HK$15.53 million) in Israeli financial technology (fintech) hub The Floor in Tel Aviv, notes the South China Morning Post. The funds support the creation of… Read More

Can Crowdfunding and Venture Capital Coexist?

  The democratization of startup funding promised by the JOBS Act has already begun, with a handful of Regulation A+ equity crowdfunding offerings already qualified by the SEC to raise capital and many others in the process of gaining qualification. Considering the early interest in… Read More

Brief: Investment In UK FinTech Soared In 2015 By 35% To $901M, Reveals Innovate Finance

UK investment for financial technology (FinTech) firms increased by 35 percent to $901M across 72 deals, according to statistics compiled through PitchBook by Innovate Finance, the not-for-profit membership association for global FinTech. The rise in UK investment was led by large funding rounds from Funding… Read More