It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. The vast majority, $5.9 billion, was raised in the IPOs of two mega payment processors: FinDEVr alum Worldpay ($3.3 billion) and First Data ($2.6 billion), which went public for the second time in its 44-year history.
The 23 private companies raised well over $372 million given that six of the rounds were not disclosed (so are not included in the total).
In addition to WorldPay, 7 other Finovate alums raised money, including Kabbage ($135 million); Stockpile ($15 million); Moven ($12 million); Xpenditure ($5.7 million); Blooom ($4 million); Payfone (undisclosed); and Roostify (undisclosed).
The YTD total raised is now more than $21 billion, or about $15.3 billion, excluding the two blockbuster IPOs.
Here are the deals by size from 10 Oct through 16 Oct 2015:
WorldPay
Payment processer
HQ: London, England, United Kingdom
Latest round: $3.3 billion IPO
Total raised: Unknown (carved out of Royal Bank of Scotland in 2010)
Tags: B2B, payment processing, FinDEVR alum
Source: NY Times, Finovate
First Data Corporation
Payment processing
HQ: Atlanta, Georgia
Latest round: $2.56 billion IPO
Total raised: Unknown
Tags: Enterprise, payments
Source: TechCrunch
Kabbage
Alt-lender to small businesses
HQ: Atlanta, Georgia
Latest round: $135 million at $1 billion valuation
Total raised: $600 million
Tags: SMB, lending, underwriting, Finovate alum
Source: Finovate
Symphony
Secure messaging for financial services
HQ: Palo Alto, California
Latest round: $100 million
Total raised: $165 million
Tags: Enterprise, messaging, investing, advisers, wealth management
Source: Re/Code
Opendoor
Residential real estate trading
HQ: San Francisco, California
Latest round: $80 million at $580 million valuation (per WSJ)
Total raised: $110 million
Tags: Consumer, real estate, home buying, home selling, investing
Source: Crunchbase, Wall Street Journal
Stockpile
Gift cards backed with public company equity
HQ: San Jose, California
Latest round: $15 million
Total raised: $15 million
Tags: Consumer, savings, investing, gift card, Finovate alum
Source: Finovate
Moven
Mobile-optimized neo-bank
HQ: New York City, New York
Latest round: $12 million
Total raised: $23 million
Tags: Consumer, retail banking, prepaid, mobile, neo-bank, debit card, white label, B2C, B2B2C, Finovate alum
Source: Finovate
Wynd
Electronic payment solutions
HQ: Paris, France
Latest round: $7.9 million
Total raised: $7.9 million
Tags: SMB, payments, processing, merchants, loyalty, ecommerce
Source: FT Partners
Xpenditure
Expense-management solutions for small businesses
HQ: New York City, New York
Latest round: $5.7 million
Total raised: $5.7 million
Tags: SMB, PFM, accounts payables, employees, accounting, Finovate alum
Source: FT Partners
Zwipe
Fingerprint-authenticated payment card
HQ: Oslo, Norway
Latest round: $5 million
Total raised: $7.5 million
Tags: Consumer, credit/debit cards, biometrics, security
Source: Finovate
Blooom
401(k) management
HQ: Leawood, Kansas
Latest round: $4 million Series A
Total raised: $4.1 million
Tags: Consumer, 401(k), retirement savings, tax-advantaged, wealth management, Finovate alum
Source: Finovate
Concord
Real-time investment strategies
HQ: Boston, Massecheusetts
Latest round: $2.7 million
Total raised: $2.7 million
Tags: Enterprise, investing, wealth management, data analytics
Source: FT Partners
WeGoLook
Asset verification
HQ: Oklahoma City, Oklahoma
Latest round: $1.5 million
Total raised: $3.25 million
Tags: Enterprise, lending, insurance, risk management, underwriting
Source: Crunchbase
Faira
Real estate technology
HQ: Seattle, Washington
Latest round: $1.37 million Seed
Total raised: $1.53 million
Tags: Consumer, real estate, home buying, mortgage
Source: FT Partners
Funderbeam
Tracking investments in startups
HQ: Tallinn, Estonia
Latest round: $750,000
Total raised: $2.2 million
Tags: Enterprise, SMB, investing, wealth management, data
Source: Crunchbase
Scorechain
Bitcoin compliance solutions
HQ: Luxembourg
Latest round: $600,000
Total raised: $600,000
Tags: Enterprise, SMB, cryptocurrency, blockchain
Source: FT Partners
Factom
Using the blockchain for managing records
HQ: Austin, Texas
Latest round: $400,000 Seed
Total raised: $1.54 million
Tags: Bitcoin, blockchain, cryptocurrency
Source: Coinbase
RewardStock
Card rewards management
HQ: Raleigh, North Carolina
Latest round: $350,000 Seed
Total raised: $350,000
Tags: Consumer, credit cards, rewards, travel
Source: Crunchbase
Hyperledger (division of Digital Asset Holdings)
Blockchain
Latest round: $50,000 Innotribe Prize
Total raised: Unknown
Tags: Consumer, blockchain, cryptocurrency, bitcoin
Source: Coinbase
Payfone
Mobile identity to support payments
HQ: New York City, New York
Latest round: Undisclosed
Total raised: $46 million
Tags: Enterprise, IDology (investor), security, risk management, payments, Finovate alum
Source: Finovate
Roostify
Simplifies home buying
HQ: San Francisco, California
Latest round: Undisclosed
Total raised: Unknown
Tags: Consumer, mortgage, home, real estate, PFM, Finovate alum
Source: Finovate
HealthiPASS
Medical payments processing and management
HQ: Lombard, Illinois
Latest round: Undisclosed Series A
Total raised: Unknown
Tags: Health care, insurance, payments, processing, medical, processing
Source: FT Partners
iZettle
Mobile point-of-sale services
HQ: Stockholm, Sweden
Latest round: Undisclosed Series D
Total raised: $176 million
Tags: SMB, small business, merchants, acquiring, payments, mPOS, cards
Source: FT Partners
Lenddo
Alternative loan underwriting models
HQ: New York City, Hong Kong
Latest round: Undisclosed Series B
Total raised: $14+ million
Tags: Enterprise, underwriting, credit, lending, analytics, API, Life.SREDA (investor)
Source: FT Partners
Rong360
Chinese financial services platform
HQ: Beijing, China
Latest round: Undisclosed Series D
Total raised: $60+ million
Tags: Consumer
Source: FT Partners