Back to Blog

Fintech Fundings: 17 Companies Raise $510 Million Week Ending Dec. 19

4264456_s.jpg

Last week was surprisingly busy given how close it was to the year-end holiday freeze. But two blockbuster deals, $250 million to Swedish payment company Adyen and $200 million raised in an IPO from Finovate alum OnDeck, made it one of the biggest weeks of the year.
In total, $512 million was raised by 17 fintech companies. Here there are in order of deal size (from Dec. 13 to Dec. 19):

Adyen
Multi-channel payments company
Latest round: $250 million
Total raised: $266 million
Tags: Payments, mobile, online, POS, merchants, Amsterdam, Netherlands
Source: Crunchbase

OnDeck
Online lending to small-and-medium businesses 
Latest round: $200 million (IPO)
Total raised: $610 million (of which $230 million is debt)
Tags: Lending, alt-lender, SMB, underwriting, New York City, Finovate alum
Source: Finovate

Money Forward
Japanese personal financial management services
Latest round: $12.6 million
Total raised: $17.6 million
Tags: PFM, money management, personal accounting, Tokyo, Japan
Source: Crunchbase

PeerNova
Blockchain technology
Latest round: $8.6 million
Total raised: $8.6 million
Tags: Blockchain, bitcoin, cryptocurrency, identification, trust, security, San Jose, California
Source: FT Partners

Zaio Corporation
Online real estate appraisals
Latest round: $8.2 million
Total raised: $13.5 million
Tags: Lending, mortgage, appraisal, compliance, Calgary, Alberta, Canada
Source: FT Partners

CardCash
Online giftcard exchange
Latest round: $6 million (debt from Sterling National Bank)
Total raised: $12 million (of which $6 million is debt)
Tags: Prepaid cards, gift cards, debit, Brick, New Jersey
Source: Crunchbase

InvestX
Private equity marketplace for retail investors
Latest round: $5.2 million
Total raised: $5.2 million
Tags: Investing, wealth management, private equity, Vancouver, British Columbia, Canada
Source: Crunchbase

FolioMetrix
Investment management and research
Latest round: $5 million
Total raised: $5 million
Tags: Investing, wealth management, analytics, Portland, Oregon
Source: Crunchbase

Lendable
Consumer loan marketplace
Latest round: $3.9 million
Total raised: $3.9 million
Tags: Lending, P2P, person-to-person, investing, London, UK
Source: Crunchbase

Prairie Cloudware
Mobile payment platform for financial institutions
Latest round: $3.2 million
Total raised: $4.9 million
Tags: Payments, mobile, digital, enterprise, Omaha, Nebraska
Source: Crunchbase

Triotech
Mobile money transfers

Latest round: $3 million
Total raised: $3 million
Tags: Mobile, funds transfer, payments, Gurgaon, India
Source: FT Partners

Hello Digit
Savings automation tools
Latest round: $2.5 million
Total raised: $2.5 million
Tags: Deposits, savings, PFM, retirement, San Francisco, California
Source: Crunchbase

Splitwise
Expense sharing software
Latest round: $1.4 million
Total raised: $1.4 million
Tags: Expense management, mobile, billing, payments, PFM, Providence, Rhode Island
Source: Crunchbase

Qapital
Mobile budgeting & spending tools
Latest round: $1.3 million
Total raised: $1.6 million
Tags: PFM, money management, online banking, mobile, alt-lender, SMB, underwriting, Stockholm, Sweden, Finovate alum
Source: Finovate

Blispay
Stealth payments company (we presume)
Latest round: $1.2 million
Total raised: $1.2 million
Tags: Payments, Forest Hill, Maryland
Source: Crunchbase

BlueFin Payment Systems 
Integrated payment platform
Latest round: Undisclosed
Total raised: Unknown
Tags: Mobile payments, merchants, SMB, Atlanta, Georgia, Finovate alum
Source: Crunchbase

FreeATM
ATM finder and advertising aggregator
Latest round: Unknown
Total raised: Unknown
Tags: Marketing, advertising, ATM, Brooklyn, New York
Source: FT Partners