Dundings cooled down a bit over the record-setting pace of early August. But 15 companies still raised almost $150 million ($146.6 million including $2.5 million in debt) this week.
It was an especially lucrative week at the checkout counter in Europe as its two leading mPOS providers, iZettle ($67 million) and SumUp ($11.3 million), raised big rounds.
Three Finovate alums received large checks this week:
- FutureAdvisor, one of the early robo-advisers which had raised $24 million, was acquired by Blackrock for an undisclosed sum
- SumUp, the London mPOS provider, raised $11.3 million
- Socure, a social biometrics provider and FinovateFall 2015 presenter, raised $2.5 million in venture debt
August fundings ended up totaling $2.3 billion, almost a 6x increase over $410 million raised in August 2014. YTD, the fintech sector has raised $12 billion.
Here are the deals by size from 22 August through 28 August 2015:
iZettle
Mobile point-of-sale solution
HQ: Stockholm, Sweden
Latest round: $67 million Series D
Total raised: $181 million
Tags: Payments, mobile, point-of-sale, acquiring, merchants, SMB, hardware, mPOS
Source: Crunchbase
Freee
Automated online accounting
HQ: Tokyo, Japan
Latest round: $30 million Series C
Total raised: $47.2 million
Tags: SMB, small business, enterprise, accounts receivable/payable, payments, metrics
Source: Crunchbase
Nok Nok Labs
Authentication solutions
HQ: Palo Alto, California
Latest round: $16.3 million
Total raised: $47.8 million
Tags: Payments, security, ID verification
Source: FT Partners
SumUp
Mobile point of sale system
HQ: London, England, United Kingdom
Latest round: $11.3 million Series D
Total raised: $44.3 million
Tags: Payments, mobile, point-of-sale, acquiring, merchants, SMB, hardware, mPOS (investor), American Express (investor), Finovate alum
Source: Finovate
Able Lending
Debt crowdfunding platform for small businesses
HQ: Austin, Texas
Latest round: $6 million Series B
Total raised: $12.5 million
Tags: Lending, credit, underwriting, SMB, investing, loans
Source: Crunchbase
SelfWealth
Online tools for self-directed investors
HQ: Surrey Hills, Australia
Latest round: $4.3 million
Total raised: $4.3 million
Tags: Investing, wealth management, advisers
Source: Crunchbase
Socure
Social biometrics
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, SaaS, authentication, Finovate alum
Source: Finovate
MagicCube
Mobile transaction security
HQ: Sunnyvale, California
Latest round: $2.2 million Seed
Total raised: $2.2 million
Tags: Security, fraud, mobile, payments
Source: Crunchbase
PredictSpring
Ecommerce gateway
HQ: Los Altos, California
Latest round: $2.0 million
Total raised: $2.85 million
Tags: Payments, mobile, social media
Source: FT Partners
Chronicled
Blockchain-based system to prove ownership
HQ: San Francisco, California
Latest round: $1.4 million
Total raised: $1.4 million
Tags: Blockchain, assets, authentication, ID verification
Source: Crunchbase
TopCheck
Financial services price comparisons in Africa
HQ: Berlin, Germany
Latest round: $1.1 million
Total raised: $1.3 million
Tags: Lead generation, insurance, automobile
Source: Crunchbase
Angels Den
Equity crowdfunding
HQ: London, England, United Kingdom
Latest round: $1 million
Total raised: $1 million
Tags: Investing, P2P, equity, SMB, seed investing
Source: Crunchbase
ChartMogul
Payment analytics for small businesses
HQ: Berlin, Germany
Latest round: $900,000
Total raised: $1.5 million
Tags: Analytics, card processing, SMB
Source: Crunchbase
Crowdhouse.ch
Real estate crowdfunding platform for Switzerland
HQ: California
Latest round: $320,000 Seed
Total raised: $640,000
Tags: P2P, lending, mortgage, loans, peer-to-peer
Source: Crunchbase
Prepaid Online Systems (aka CashPinSafe)
Ecommerce payments
HQ: Kennesaw, Georgia
Latest round: $20,000 Angel
Total raised: $20,000
Tags: Payments, ecommerce, prepaid, cards
Source: Crunchbase