Through mid-July, the blistering pace of deals continued with 32 new fundings during the week ending 15 July 2016. There has been an average of 28 fintech deals per week this year.

The total value of deals this week was $206 million, with half ($100 million) going to Canadian blockchain technology provider Blockchain Intelligence. 

Two Finovate alums raised a total of $12 million during the week:

• Revolut raised $8.7 million
• Alkami landed $3.7 million

The total number of deals YTD stands at 792, nearly double last year’s 407. Total dollars raised YTD is $18.1 billion, more than double the $8.8 billion raised during the same period a year ago.

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Fintech deals by size from 9 July to 15 July 2016:

Blockchain Intelligence Group
Blockchain search and analytics
Latest round: $100 million
Total raised: $100 million
HQ: Vancouver, British Columbia, Canada
Tags: SMB, institution, blockchain, crypto-currency, BI, analytics
Source: Crunchbase

Gust
Platform for investing in early-stage startups
Latest round: $14.4 million Debt
Total raised previously: Unknown
HQ: New York City, New York
Tags: SMB, advisers, investors, capital raising
Source: Crunchbase

OK Car Insurance
Online automobile insurance
Latest round: $12 million Series A
Total raised: $14.4 million
HQ: Shangahi, China
Tags: Consumer, insurance, vehicles, autos
Source: Crunchbase

OpenDoor Trading
Treasuries trading platform
Latest round: $10 million
Total raised: $10 million
HQ: Jersey City, New Jersey
Tags: Institutions, advisers, investing, fixed-income
Source: FT Partners

Exporo
Real estate crowdfunding platform
Latest round: $9.1 million Series A
Total raised: $9.1 million
HQ: Hamburg, Germany
Tags: Consumer, credit, loans, underwriting, person-to-person, P2P, investing
Source: Crunchbase

Revolut
Currency exchange platform
Latest round: $8.7 million Series A
Total raised: $13.2 million
HQ: London, England, United Kingdom
Tags: Consumer, SMB, remittances, foreign exchange, payments, funds transfers, fx, mobile, Finovate alum
Source: Finovate

PayJoy
Alt-lender
Latest round: $8.5 million Series A
Total raised: $10.5 million
HQ: Saratoga, California
Tags: Consumer, credit, loans, underwriting, purchase finance, merchants, payments
Source: Crunchbase

WeSwap
P2P currency exchange
Latest round: $8.4 million Series B
Total raised: $18.5 million
HQ: London, England, United Kingdom
Tags: Consumer, person-to-person, P2P, prepaid debit card, fx, foreign exchange
Source: Crunchbase

Amber Financial Services
Consumer alt-lender
Latest round: $5 million Seed
Total raised: $5 million
HQ: Richmond, British Columbia, Canada
Tags: Consumer, credit, loans, underwriting, alternative lender
Source: Crunchbase

Ingo Money (formerly Chexar Networks)
Check decisioning and funding
Latest round: $4 million
Total raised: $19.1 million
HQ: Roswell, Georgia
Tags: Institutions, SMB, B2B2C, checks, authorization, credit, underwriting, deposits
Source: Crunchbase

Alkami Technology
Digital banking technology
Latest round: $3.7 million
Total raised: $46.7 million
HQ: Plano, Texas
Tags: Institutions, digital banking, Finovate alum
Source: Crunchbase

Quilt
Digital renter’s insurance
Latest round: $3.25 million Seed
Total raised: $3.25 million
HQ: Boston, Massachusetts
Tags: Consumer, insurance, renters, property & casualty, P&C
Source: Crunchbase

Compliance Science
Compliance platform for financial institutions
Latest round: $2.9 million
Total raised: $11.2 million
HQ: New York City, New York
Tags: Institutions, compliance, regulations
Source: FT Partners

Digitzs
Digital payments platform
Latest round: $2.8 million Equity Crowdfunding
Total raised: $5,4 million
HQ: Santa Monica, California
Tags: Consumer, payments, debit/credit cards, merchants, API, developers
Source: Crunchbase

BankerBay
Investment banking platform
Latest round: $2 million Convertible Note
Total raised: $5 million
HQ: Bangalore, India
Tags: Institutions, SMB, capital raising, venture capital, VC
Source: Crunchbase

Touche
Mobile payments platform
Latest round: $2 million
Total raised: $2 million
HQ: Singapore
Tags: SMB, payments, client platform, point of sales, POS
Source: FT Partners

MoneyBox
Savings and investing app
Latest round: $1.75 million Seed
Total raised: $4.75 million
HQ: London, England, United Kingdom
Tags: Consumer, savings, deposits, spending, investing, personal financial management, PFM, mobile
Source: Crunchbase

Settled
Home buying platform
Latest round: $1.33 million Seed
Total raised: $1.75 million
HQ: London, England, United Kingdom
Tags: Consumer, real estate, discovery, mortgage, comparison
Source: Crunchbase

Switch 
Lost/stolen credit and debit card solution
Latest round: $1.2 million
Total raised: $1.2 million
HQ: Seattle, Washington
Tags: Consumer, payments, credit/debit cards, security, convenience
Source: Crunchbase

TagPay
Sound-based payment and banking technology
Latest round: $1.1 million Seed
Total raised: $1.1 million
HQ: Paris, France
Tags: SMB, merchants, payments, acquiring, mobile banking, core system
Source: Crunchbase

InvestiQuant (formerly Master the Gap)
Investment and trading technology
Latest round: $1.0 million
Total raised: $3.3 million
HQ: Morrisville, North Carolina
Tags: Consumer, advisers, traders, investing, stocks
Source: Crunchbase

Plutus
Bitcoin-based mPOS technology
Latest round: $1 million
Total raised: $1 million
HQ: London, England, United Kingdom
Tags: SMB, merchants, credit/debit cards, acquiring, bitcoin, crypto-currency, blockchain, point of sale
Source: FT Partners

CirraGroup
Crowdsourced medical debt settlement
Latest round: $500,000
Total raised: $500,000
HQ: Layfayette, Lousiana
Tags: Consumer, SMB, credit, debt repayment
Source: FT Partners

CreditExchange
Consumer loan marketplace
Latest round: $500,000 Seed
Total raised: $500,000
HQ: Bangalore, India
Tags: Consumer, credit, loans, underwriting, person-to-person, P2P, investing
Source: Crunchbase

SoCash
Mobile cash finder
Latest round: $400,000 Seed
Total raised: $400,000
HQ: Singapore
Tags: Consumer, merchants, ATM, cash-back, mobile
Source: Crunchbase

Safello
Bitcoin exchange
Latest round: $300,000
Total raised: $1.3 million
HQ: Stockholm, Sweden
Tags: Consumer, cyrpto-currency, bitcoin, blockchain, payments, remittances
Source: Crunchbase

CrediWire
Commercial credit ratings
Latest round: $28,000
Total raised: $68,000
HQ: Copenhagen, Denmark
Accelerator: TechFounders
Tags: Institutions, underwriting, commercial lending, loans, information, BI, API
Source: Crunchbase

Quantoz
Blockchain technology
Latest round: $28,000
Total raised: $28,000
HQ: The Netherlands
Accelerator: TechFounders
Tags: Institutions, SMB, payments, cyrpto-currency, bitcoin
Source: Crunchbase

SayPay Technologies
Authentication technology
Latest round: $28,000
Total raised: $28,000
HQ: Pleasanton, California
Accelerator: TechFounders
Tags: Institutions, security, authentication, voice biometrics, payments, mobile
Source: Crunchbase

Blocko (Coinstack)
Blockchain technology
Latest round: Unknown
Total raised: Unknown
HQ: Seoul, South Korea
Tags: SMB, institutions, blockchain, database, crypto-currency
Source: FT Partners

GyanDhan
Education loans marketplace
Latest round: Undisclosed Seed
Total raised: Unknown
HQ: New Delhi, India
Tags: Consumer, credit, loans, underwriting, person-to-person, P2P, investing
Source: Crunchbase

SETL
Blockchain-based institutional funds transfer and settlement
Latest round: Undisclosed
Total raised: Unknown
HQ: London, England, United Kingdom
Tags: Institutions, payments, funds transfer, blockchain, bitcoin, crypto-currency
Source: FT Partners

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Image licensed from 123RF Stock Photo