For just the fourth time this year, weekly fintech fundings fell below the $100-million mark with 15 companies raising a total of $51 million.
The second-largest round of the week ($4 million), went to Finovate veteran Dana Bowers’ latest startup, Venminder. The Kentucky-based company has developed a vendor-management platform for banks and credit unions. Bowers is the founder of iPay Technologies, which demoed at the first Finovate in 2007, and was acquired by Jack Henry in 2010.
With just one holiday-shortened week remaining in the year, the total invested in private fintech companies YTD now stands at $18.8 billion.
Here are the deals by size from 19 Dec to 25 Dec 2015:
PokitDok
Person-to-person lender
Latest round: $35.1 million Series B
Total raised: $40.7 million
HQ: San Mateo, California
Tags: Enterprise, healthcare, payments, insurance, billing, API, developers
Source: Crunchbase
Venminder
Vendor management for financial services companies
Latest round: $4 million
Total raised: $6.3 million
HQ: Elizabethtown, Kentucky
Tags: Enterprise, risk management, compliance, operations
Source: Crunchbase
Prestiamoci
Person-to-person consumer lender
Latest round: $2.2 million Series
Total raised: $3.5 million
HQ: Milan, Italy
Tags: Consumer, lending, underwriting, sub-prime, loans, P2P, investing
Source: Crunchbase
Streami
Blockchain-based remittances
Latest round: $2 million Seed
Total raised: $2 million
HQ: Seoul, South Korea
Tags: Blockchain, bitcoin, cryptocurrency, payments, remittances
Source: Crunchbase
Snapcard
Bitcoin exchange
Latest round: $1.5 million
Total raised: $4.45 million
HQ: San Francisco, California
Tags: SMB, consumer, blockchain, cryptocurrency, payments, wallet, bitcoin
Source: Crunchbase
BTCS (aka Bitcoin Shop)
Blockchain technology
Latest round: $1.4 million Post-IPO equity
Total raised: $4.2 million
HQ: Troy, Michigan
Tags: Bitcoin, cryptocurrency, payments, blockchain
Source: Crunchbase
Sharesight
Investment portfolio management
Latest round: $1.35 million Seed
Total raised: $1.35 million
HQ: Wellington, Australia
Tags: Consumer, investing, trading, aggregation, wealth management
Source: Crunchbase
BorsadelCredito.it
Person-to-person small business lender
Latest round: $1.1 million
Total raised: $1.1 million
HQ: Milan, Italy
Tags: SME, lending, alt-credit, underwriting, sub-prime, loans, P2P, investing
Source: Crunchbase
Chronos Technologies
F0rex trading technology
Latest round: $1 million
Total raised: $1 million
HQ: Scottsdale, Arizona
Tags: Forex trading, investing, fx
Source: Crunchbase
Minkasu
Mobile and online payments
Latest round: $1 million Seed
Total raised: $1.75 million
HQ: Milpitas, California
Tags: Consumer, mobile wallet, security, payments
Source: Crunchbase
The PayPro
International payments
Latest round: $450,000 Seed
Total raised: $450,000
HQ: London, England, United Kingdom
Tags: SMB, payments, billpay, fx, international payments, billpay, remittances
Source: Crunchbase
Bee
Mobile bank/card
Latest round: Not disclosed
Total raised: $4.6 million
HQ: New York City, New York
Tags: Consumer, prepaid debit card, neo-bank, challenger bank, mobile, AXA (investor)
Source: Crunchbase
Depo
Escrow and renter-deposit management
Latest round: Not disclosed
Total raised: Unknown
HQ: Sweden
Tags: Payments, renting, escrow, deposits, homes
Source: Crunchbase
GoldBean
Helping consumers get started in investing
Latest round: Not disclosed
Total raised: Unknown
HQ: New York City, New York
Tags: Consumer, investing, personal finance, spending, PFM, AXA (investor)
Source: FT Partners
Payable
Contractor payables solution
Latest round: Not disclosed
Total raised: $2.1 million
HQ: Sunnyvale, California
Tags: SMB, payments, invoicing, billing, billpay, accounts payable, payroll
Source: FT Partners
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