It was quite a week in fundings, at least from Finovate’s standpoint. Not only was $200+ million raised this week, but 80% of that went to our alums: Yodlee ($75 mil), Credit Karma ($75 mil), Dwolla ($9.7 mil), and Expensify ($3.5 mil).
And we had the first IPO from the very first Finovate Class of 2007. It’s a real Paul Graham moment for us. And we couldn’t be be prouder! Melanie, Joseph, Anil, Eric, Peter, and all the Yodlee folks we’ve worked with for 15 years, thanks for pushing fintech (and Finovate) forward. May you always hit your quarterly numbers 🙂
The weeks fundings by deal size (27 Sep through 3 Oct):
Account aggregation services
Latest round: $75 million (IPO)
Total raised: $199 million
Tags: PFM, SMB, online banking, mobile, Redwood City, California, Finovate alum
Source: Finovate
Free credit reports and monitoring services
Latest round: $75 million
Total raised: $193 milliion
Tags: PFM, personal finance, credit bureau monitoring, San Francisco, California, Finovate alum
Source: Finovate
Product pricing and lifecycle management software for financial services
Latest round: $15 million
Total raised: $20 millioin
Tags: Business intelligence, pricing, revenue, Vancouver, Canada
Source: Crunchbase
Virtual payments
Latest round: $9.7 million
Total raised: $32.5 million
Tags: Alt-money, ACH, funds transfer, mobile payments, Des Moines, Iowa, Finovate alum
Source: Finovate
Australian mobile payments company
Latest round: $9.1 million
Total financing: $13.5 million
Tags: mobile payments, Australia
Source: FT Partners
Crowdfunding real estate
Latest round: $7 million
Total raised: $41 million
Tags: P2P, mortgage, home buying, Washington DC
Source: Crunchbase
Bluetooth connected card (formerly Protean Payments)
Latest round: $5.8 million
Total raised: $6.8 million
Tags: Credit, debit cards, Bluetooth, payments, Ann Arbor, Michigan
Source: Crunchbase
Expense reports that don’t suck
Latest round: $3.5 million
Total raised: $10.2 million
Tags: Accounting, PFM, expense reporting, San Francisco, California
Source: Finovate
Virtual safe deposit
Latest round: $2.3 million
Total raised: $2.3 million
Tags: Investing, estates, safety deposit, San Francisco, California
Source: Crunchbase
Payments service to the unbanked in emerging countries
Latest round: $1.5 million
Total raised: $4.5 million
Tags: Mobile, payments, Laguna Hills, California
Source: Crunchbase
Bitcoin wallet
Latest round: $775,000
Total raised: $775,000
Tags: Cryptcurrency, bitcoin, payments
Source: Crunchbase
Flipboard for numbers
Latest round: $700,000
Total raised: $700,000
Tags: PFM, personal finance tracking, investing, Austin, Texas
Source: Crunchbase
Metrics for Stripe
Latest round: $500,000
Total raised: $500,000
Tags: Credit, debit card acceptance, merchants, business intelligence
Source: Crunchbase
Insurance industry software solutions
Latest round: Undisclosed
Total raised: Unknown
Tags: Insurance, Helsinki, Finland
Source: Crunchbase