Neobank Remittance/MoneyTransfer Blockchain/DLT Capital Markets RegTech RealEstate Cyber/Identity HealthTech Valuation
Wefox, a Berlin-based insurtech startup, raised $650m in Series C financing led by Target Global at a post-money valuation of $3bn.
Stori, a Mexico-City-based credit-card provider, snared $32.5 million in Series B funding led by Lightspeed Venture Partners, with participation from existing investors, including Vision Plus Capital, BAI Capital and Source Code Capital.
RecargaPay, the Brazilian Fintech that lets people top-off their mobile phone cards online or by app, raised $70 million in Series C funding from Fuel Venture Capital and IDC Ventures, with participation from LUN Partners, Experian Ventures and ATW Partners.
Insurely, a Stockholm-based digital insurance platform, has raised €2.5M in a round led by Swedish venture capital firm Luminar Ventures.
Valor Capital Group, Península Participações, CZI and Amadeus Capital Partners and U2’ guitarist The Edge.
AppMan, a Thailand-based insurtech platform, has raised US$4.6m in Series A funding from investors including Siam Alpha Equity, Krungsri Finnovate, Casmatt, KTBST Group, POEMS Ventures.
InsurePay, a Sarasota, Florida-based workers' compensation administration and insurance premium billing platform for insurance providers, has completed a $5 million Series A round of financing, led by Nashville-based FINTOP Capital with participation from a number of other strategic industry investors.
Nexus Mutual, which provides a decentralized alternative to insurance, has raised $2.7 million in an NXM token sale led by Collider Ventures with participation from Nick Tomaino’s 1confirmation, Blockchain Capital, Version One, Dialectic, 1kx and several angel investors.
Blockchain.com, the exchange operator and wallet provider headquartered in London, has closed on a $120m strategic financing round from investors including Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, Eldridge, and more.
Raquest, a German software provider that helps banks process foreign withholding taxes digitally, has received a strategic investment from the venture arm of Swiss core banking vendor Avaloq.
Viola Ventures, Lightspeed Ventures, Sequoia Capital, Nyca Partners
Synthetix, a decentralized trading platform, has raised $12 million from Coinbase Ventures, Paradigm and IOSG.
Swarm Association, the team behind the development of an Ethereum-based decentralized storage network, has raised $6 million in a private token sale.
Talem Health Analytics, a Nova Scotia-based insurtech startup which provides insurance professionals a platform for analyzing third-party medical expenses for liability and no-fault auto claims, has closed a CA$2.3 million (US$1.81 million) seed round, led by Build Ventures, with participation from Innovacorp, HOLT Accelerator, as well as all existing and current angel investors.
ProcessMaker, a Durham, North Carolina-based no-code/low-code open source process automation platform provider which focuses primarily on applications for mid-market banking, higher education, and manufacturing, has closed $45 million in Series A funding from Aldrich Capital Partners.
Mortgage Market, a Johannesburg-based fintech startup that has created an online marketplace for home loans, has secured R10-million (~$693k) in a Series A funding round led by IDF Capital.
Insightin Health, a Baltimore, Maryland-based startup which offers AI-driven decision-making technology that enables health insurers to reduce costs and improve growth and retention by improved engagement with members, has raised a $12 million Series A funding round, co-led by the Blue Venture Fund (a collaboration between Blue Cross Blue Shield (BCBS) companies, the Blue Cross Blue Shield Association, and Sandbox) and Blue Heron Capital, an operationally focused healthcare growth equity fund, with participation from existing investors Health Catalyst Capital, Revolution's Rise of the Rest fund, and SaaS Ventures.
Jackpocket, the provider of a licensed third-party app to securely order official state lottery tickets, has completed a $50 million Series C funding round from investors such as Raine Group, Greenspring Associates, Circle K Ventures, TEGNA Ventures, BRV Capital, and Gaingels as well as a number of individual investors.
Labelbox, , the San Francisco-based training data platform for enterprise machine learning applications, today announced the close of a $40 million Series C funding led by B Capital Group. Previous investors Andreessen Horowitz, First Round Capital, Gradient Ventures (Google’s AI venture fund) and Kleiner Perkins also participated in addition to Catherine Wood, CEO and founder of ARK Invest.
Treinta, a Colombia-based startup offering bookkeeping and accounting software for SMBs, has raised north of 500k in total funding.
Mymonii , the Copenhagen-based creator consumer finance mobile apps for families, has completed a financing round totaling DKK 5M ($820k).
Celo, the mobile-focused blockchain payments startup, has raised $20 million from Andreesen Horowitz
Northmill Bank, the Sweden-based digital bank, has raised about €24.7 in new funding, led by M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli.
PayZen, a San Francisco-based startup that pays hospitals upfront for patient invoices and offers patients zero-interest, fee-free payment plans, has emerged from stealth with more than $5 million in seed financing. The company was incubated with Viola Ventures in 2019, with more recent investments coming from Picus Capital, TWO39 Ventures, and others.
BharatPe, the New Delhi-based financial services company for merchants, has raised $108 million in a Series D equity round, at a valuation of $900 million, led existing investor Coatue Management, with participation from Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital.
UpEquity, the Austin, Texas-based tech-enabled mortgage platform, has closed on $25 million in Series A funding led by Next Coast Ventures, consisting of $7.5 million of equity financing and $17.5 million of venture debt.
aliu, a blockchain-based international remittance firm based in Colombia, has raised $5.25 million in seed funding, led by Blockchange Ventures and Anthony Pompliano (via Pomp Investments).
Safepay, the Pakistan-based payments technology provider raised a seven-figure (USD) seed funding round from Stripe with participation from other local and international investors including Berlin-based Global Founders Capital, US-based HOF Capital, Soma Capital, and Mantis Venture Capital, as well as Pakistani VC Fatima Gobi Ventures.
Libeo, a Paris, France-based startup that simplifies invoices and payments for SMEs, has closed a €20 million Series A round with DST Global, Serena, Breega and LocalGlobe.
Tillit, a fintech offering buy now, pay later for B2B purchases, is closing in on investment from Sequoia
Purpose Financial, a Toronto-based company which is creating new products and solutions in segments of the financial services market that have traditionally been underserved, has received a $53.5 million investment from Allianz X.
Marble, a New York-based startup providing a digital wallet and loyalty platform for insurance, secured $2.5 million in seed round funding from IA Capital Group, MS&AD Ventures, Reciprocal Ventures, Fintech Ventures Fund, The Takoma Group, and HU Investments. Marble is currently in beta and plans to open its platform to any U.S. personal policy holder in March 2021.
Briza, the Toronto-based commercial insurance-as-a-service API provider, has announced the closing of a USD $8 million Series A round, led by Investment Group of Santa Barbara, with participation from existing investors including 500 Startups.
NYMBUS, the Miami-based provider of banking technology solutions, has raised a $53 million financing round led by existing investor Insight Partners.
TomoCredit, a San Francisco-based credit card provider that helps first-time borrowers build credit history, based on their cash flow, rather than on their FICO or credit report ratings, has raised a $7 million seed round from investors including KB Investment Inc. (KBIC), Kookmin Bank, along with Barclays, Knollwood Investment Advisory, BAM Ventures, Passport Capital, Ulu Ventures, Strong Ventures and angels.
Level, a Seattle-based startup that offers credit to gig workers, raised (in late December) a $1.5 million pre-seed round, co-led by NextView and Untapped, with participation from TechStars, Acumen, and Ascend.vc.
Symend, a Alberta, Canada-based digital engagement platform that uses behavioral science and data-driven insights to empower customers to resolve past due bills, raised a US$43 million Series B+ round, led by Inovia Capital, with participation from a consortium of investors, bringing the company’s total funding to date to over US$100 million.
Fraction Technologies, a Canada-based startup that allows homeowners to unlock up to $1.5M of their home equity while staying in their home, has raised C$289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others. The company will be preparing for its launch in the U.S.
SoLo Funds, the Los Angeles-based P2P lending app provider, has raised a $10 million Series A investment, led by ACME Capital, with participation from Impact America Fund, Techstars, Endeavor Catalyst, CEAS Investments and others.
Progcap, the India-based provider of working capital loans, has raised Rs 10 crore (about $1.37 million) in a debt funding round led by Stride Ventures.
UNIPaas, a Tel Aviv-based payments solution provider for digital marketplaces and B2B SaaS companies, has raised a $10 million seed round led by TPY Capital with participation from several global fintech leaders as well as FJ Labs, and other individual investors.
Trade Ledger, the UK-based global technology provider to the commercial banking and financial services industry, has raised a total of £13.5 million to complete its Series A funding round. The equity round was led by Point72 Ventures, with strong participation from Foundation Capital, who led the debt tranche closed previously, Court Lorenzini, founder of DocuSign, Hambro Perks, and other existing investors.
Mesh Payments, a New York-based startup that is transforming the way corporate payments are processed, paid and managed, has raised a $13 million financing round, led by TLV Partners, with participation from Meron Capital, R-Squared Ventures, an angel fund founded by Roy Rubin and Roy Erez, and a consortium of fintech founders and investors led by fintech VC Ryan Gilbert.
DigitalOwl, an Israel-based provider of AI-powered medical claim analysis software, has emerged from stealth with $6.5 million in seed funding from Beyond Ibex, Fusion LA, Menora Mivtachim, and Mobileye founder Amnon Shashua.