It’s beginning to sound like a broken record — another monster week for fintech investments. Finovate alums alone pulled more than $200 million: Cardlytics ($70 mil), Wealthfront ($64 mil), Personal Capital ($50 mil), Segmint ($9 mil), Linkable Networks ($8 mil), and Socure ($2.5 mil). In total, 17 companies raised more than $349 million this week.
The deals in order of magnitude, Oct 24 through Oct 31, 2014:
Card-linked offers and rewards
Latest round: $70 million
Total funding: $170 million
Tags: Credit, debit cards, rewards, merchant-funded, advertising, Atlanta, Georgia
Source: Finovate
Wealthfront (formerly KaChing)
Robo-investment advisor
Latest round: $64 million (at reported $700 million valuation)
Total funding: $130 million
Tags: Investing, asset management, ETF, Palo Alto, California
Source: Finovate
Asset management & investment tracking
Latest round: $50 million
Total funding: $109 million
Tags: Investing, personal advisor, ETF, San Francisco, California
Source: Finovate
Brazilian real estate marketplace
Latest round: $42 million
Total raised: $75 million
Tags: Home buying, mortgage, real estate, Sao Paulo, Brazil
Source: Crunchbase
Online payment processor
Latest round: $40 million
Total funding: $80 million
Tags: Payments, mobile, acquiring, merchants, Southborough, Massachusetts
Source: FT Partners
Transverse
Cloud-based billing & revenue management
Latest round: $25 million
Total raised: $25 million
Tags: SMB, accounting, invoicing, receivables, Austin, Texas
Source: FT Partners
Data analytics for alternative assets
Latest round: $20 million
Total funding: $20 million
Tags: Big data, investing, capital, Wells Fargo (investor), San Francisco, California
Source: FT Partners
Digital advertising, with a significant financial services practice
Latest round: $9 million
Total funding: $17.5 million
Tags: Marketing, online advertising, in-statement promotions, Akron, Ohio, Finovate alum
Source: Finovate
Linkable Networks (formerly Clovr Media)
Rewards & advertising platform
Latest round: $8 million
Total raised: $28.7 million
Tags: Card-linked offers, rewards, loyalty, Boston, Massachusetts, Finovate alum
Source: FT Partners
Peer-to-peer currency exchange
Latest round: $7.5 million
Total funding: $10 million
Tags: P2P, fx, funds transfer, remittances, London, UK
Source: Crunchbase
Digital expense reporting solutions
Latest round: $3.5 million
Total funding: $3.5 million
Tags: SMB, accounting, payables, New York City
Source: Crunchbase
Biometric authentication solution
Latest round: $2.5 million
Total funding: $4.7 million
Tags: Authentication, security, Finovate alum
Source: Finovate
Mobile payment solutions for emerging marketings
Latest round: $2 million
Total funding: $2 million
Tags: Payments, mobile, point of sale, Chennai, India
Source: Crunchbase
Lenda (formerly GoRefi)
Online mortgage refi specialist
Latest round: $1.5 million
Total funding: $2.0 million
Tags: Home lending, home loans, refinance, San Francisco, California
Source: FT Partners
Financial and investment information provider
Latest round: $1.2 million
Total funding: $2.7 million
Tags: Financial data, publishing, Dublin, Ireland
Source: FT Partners
Virtual payment gateway
Latest round: $900,000
Total funding: $900,000
Tags: Bitcoin, point-of-sale, POS, cryptocurrency, Vancouver, Canada
Source: Crunchbase
Mobile point-of-sale terminal
Latest round: Undisclosed
Total funding: Unknown
Tags: Mobile, POS, mPOS, Square, card acquiring, merchant, SMB, Palo Alto, California
Source: Crunchbase