We’ve only been tracking fundings on a weekly basis for 11 weeks. But I don’t think there have been many weeks in history, if any, that the money flowing to the fintech sector was bigger. A total of $314 million in equity investments went to 18 companies (in addition, 4 companies received undisclosed new investments). Even without Mozida’s massive $185 million, it was still a huge week.
There were 10 fundings greater than $7 million including two Finovate alums, Flint Mobile ($9.4 million) and D3 Banking, formerly Lodo Software ($7 million).
In order of magnitude, the deals from Oct 14 to Oct 20, 2014:
White-labeled mobile payments & ecommerce solutions
Latest round: $185 million
Total raised: $308 million
Tags: Payments, mobile, ecommerce, marketing, shopping, enterprise, New York City
Source: Crunchbase
Digital commerce platform
Latest round: $14.5 million
Total raised: $14.5 million
Tags: Bitcoin, cryptocurrencies, ecommerce, San Francisco, California
Source: Crunchbase
Cloud-based mass payment service
Latest round: $13 million
Latest round: $13 million
Total raised: $13 million
Tags: Payments, SMB, Agoura Hills, California
Source: Crunchbase
Alt-financing for the construction industry
Latest round: $12.5 million
Total raised: $12.5 million
Tags: SMB, lending, credit, alt-finance, Scottsdale, Arizona
Source: Crunchbase
Platform to power P2P/direct lenders
Latest round: $12 million
Total raised: $17.4 million
Tags: P2P lending, crowdfunding, platform, direct lending, investing, New York City
Source: Crunchbase
Subscription billing management services
Latest round: $12 million
Total raised: $19.6 million
Tags: Billpay, invoicing, payments, San Francisco, California
Source: Crunchbase
Consumer debt management
Latest round: $12 million
Total raised: $24.8 million
Tags: Debt, lending, PFM, Cost Mesa, California
Source: FT Partners
Mobile and online payments
Latest round: $9.4 million
Total raised: $20.4 million
Tags: mPay, digital payments, Redwood City, California, Finovate alum
Source: Finovate
Bringing private equity investing to smaller investors
Latest round: $9.3 million
Total raised: $9.3 million
Tags: Alt-finance, SMB, lending, credit, PE, investing, New York City
Source: Crunchbase
D3 Banking (formerly Lodo Software)
Digital banking & personal finance platform
Latest round: $7 million
Total raised: $12.1 million
Tags: PFM, online, mobile banking, Omaha, Nebraska, Finovate alum
Source: Finovate
Fraud detection in financial services and ecommerce
Latest round: $4.5 million
Total raised: $4.5 million
Tags: Fraud, security, San Mateo, California
Source: FT Partners
Fraud detection technology for banks and credit unions
Latest round: $3.5 million
Total raised: $3.5 millon
Tags: Fraud, security, Wethersfield, Connecticut
Tags: Fraud, security, Wethersfield, Connecticut
Source: FT Partners
Fundraising and payments platform
Latest round: $3.5 million
Total raised: $3.5 million
Tags: Payments, non-profits, fundraising, Dallas, Texas
Source: Crunchbase
UK-based near-bank
Latest round: $3.2 million
Total raised: $6.4 million
Tags: Alt-banking, PFM, personal finance, UK
Source: Crunchbase
Cloud billing provider
Latest round: $1 million
Total raised: $1 million
Tags: Billpay, payments, SMB, invoicing, Annapolis, Maryland
Source: Crunchbase
Equity management platform
Latest round: $1 million
Total raised: $1 million
Tags: SMB, cap table, stock options, Sandy, Utah
Source: FT Partners
SparkProfit trading simulator
Latest round: $600,000
Total raised: $600,000
Tags: Investing, asset management, trading, data analytics, London, UK, Finovate alum
Source: Finovate
Japanese cloud invoice management
Latest round: $650,000
T
otal raised: $1 million
otal raised: $1 million
Tags: SMB, accounting, billpay, payments, Japan
Source: Crunchbase
Bitcoin payment gateway
Latest round: Undisclosed
Total raised: $2.1 million
Tags: Cryptocurrenices, ecommerce, Singapore
Source: FT Partners
Real-estate marketplace
Latest round: Undisclosed
Total raised: Unkown
Tags: Homebuying, mortgage, New York City
Source: Crunchbase
Ripple platform in London
Latest round: Undisclosed
Total raised: Unknown
Tags: Cryptocurrencies, London, UK
Source: Crunchbase
Chinese personal finance site
Latest round: Undisclosed
Total raised: Unknown
Tags: PFM, personal finance, investing, Bejing, China
Tags: PFM, personal finance, investing, Bejing, China
Source: Crunchbase