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Fintech Fundings: 11 Companies Raise $85 Million Week Ending 7 August 2015

money_scrabbleFollowing one of the biggest weeks ever ($580 million), new fundings to the fintech sector cooled to under $100 million this week. More than half (55%) of the funds went to companies outside the United States including India’s mPOS provider Ezetap ($23.5 million) and Germany’s deposit brokerage SavingsGlobal ($21.8 million).

In total, 11 companies raised $85 million ($2.7 million was debt) including three Finovate alums: CashStar ($15 million); Socure ($2.5 million); AnchorID ($200,000).

Here are fundings from 1 Aug through 7 Aug 2015 by size:

Ezetap
Mobile point-of-sale system
HQ: Bangalore, India
Latest round: $23.5 million Series C
Total raised: $35 million
Tags: Payments, POS, acquiring, credit/debit cards, mobile, merchants, SMB
Source: Crunchbase

SavingsGlobal
European deposit brokerage
HQ: Berlin, Germany
Latest round: $21.8 million Series B
Total raised: $32 million
Tags: Deposits, investing, savings accounts, brokerage
Source: Crunchbase

CashStar
Prepaid solutions for retailers and restaurants
HQ: Portland, Maine
Latest round: $15 million Series D
Total raised: $50 million
Tags: Payments, prepaid, gift cards, Finovate alum
Source: Finovate

Driveway
Smartphone telematics software
HQ: San Francisco, California
Latest round: $10 million
Total raised: $11.6 million
Tags: Insurance, automobile, auto loans
Source: FT Partners

Beat the Q
Mobile ordering and payments platform
HQ: Surrey Hills, Australia
Latest round: $5 million Series A
Total raised: $5 million
Tags: Payments, mobile, point of sale, POS, merchants, SMB
Source: Crunchbase

BankFacil
Consumer loan site
HQ: Sao Paulo, Brazil
Latest round: $3 million Series A
Total raised: $4.4 million
Tags: Loans, credit, lead generation, consumer
Source: Crunchbase

Socure
Social biometrics solutions
HQ: New York City, New York
Latest round: $2.5 million Debt
Total raised: $7.2 million ($4.7 million equity, $2.5 million debt)
Tags: Security, authentication, account opening, ID verification, Finovate alum
Source: Finovate

Payable
Contractor payments platform
HQ: San Francisco, California
Latest round: $2.1 million Seed
Total raised: $2.1 million
Tags: Payments, accounts payable, human resources, payroll, contractors
Source: Crunchbase

Nest Wealth
Canadian online wealth manager
HQ: Toronto, Ontario, Canada
Latest round: $1.5 million
Total raised: $1.5 million
Tags: Investing, wealth management, mobile
Source: Crunchbase

GREX
Equity marketplace
HQ: Pune, India
Latest round: $625,000 Series A
Total raised: $625,000
Tags: Investing, startups, equity, crowdfunding, peer-to-peer
Source: Crunchbase

AnchorID
Mobile authentication solution
HQ: Kingston, New York
Latest round: $200,000 Convertible Note
Total raised: $800,000
Tags: Security, biometrics, authentication, account opening, credit score, Finovate alum
Source: Crunchbase