After a slow start, the week finished strong, thanks largely to the $140 million raised by marketplace lenders Bond Street and LendInvest. Finovate alum, Azimo landed the fourth biggest round, $20 million at a $100 million valuation.
All told, 17 fintech companies raised $253 million ($153 million equity, $100 million debt) this week. Year-to-date, $7.7 billion has been invested in the sector.
Here are the fundraisings from 13-through-18 June, ranked by size:
Bond Street
Marketplace lender for small businesses
HQ: New York City, New York
Latest round: $110 million Series A (includes $100 million debt)
Total raised: $120.8 million (includes $100 million debt)
Tags: P2P lending, SMB, lending marketplace, investing, alt-lending, small business underwriting, credit
Source: Crunchbase
Namely
Payroll and benefits platform
HQ: New York City, New York
Latest round: $45 million Series C
Total raised: $77.8 million
Tags: Payroll, insurance, HR, benefits, SMB, enterprise
Source: Crunchbase
LendInvest
P2P mortgage lending
HQ: London, England, United Kingdom
Latest round: $34.2 million Series A
Total raised: $34.2 million
Tags: P2P, mortgage, peer-to-peer, investing, crowdfunding, lending, underwriting, credit
Source: FT Partners
Azimo
Payment processor
HQ: London, England, United Kingdom
Latest round: $20 million (at $100 million valuation)
Total raised: $31 million
Tags: Payments, SMB, Finovate alum
Source: Finovate
Lavu
Restaurant point-of-sale system
HQ: Albuquerque, New Mexico
Latest round: $15 million Series A
Total raised: $15 million
Tags: Payments, merchants, SMB, POS, iPad, acquiring
Source: Crunchbase
FundsIndia
Indian investment portal
HQ: Chennai, India
Latest round: $11 million Series C
Total raised: Unknown
Tags: Investing, insurance, mutual funds
Source: Crunchbase
PolicyGenius
Consumer comparison site
HQ: Brooklyn, New York
Latest round: $5.3 million
Total raised: $6.1 million
Tags: Life insurance, renters, pet, long-term care, lead generation, AXA (investor), Transamerica (investor)
Source: FT Partners
Harvest Exchange
Investor network
HQ: Houston, Texas
Latest round: $5 million Series B
Total raised: $9.4 million
Tags: Investing, wealth management, network
Source: Crunchbase
Pier
Mobile alt-credit
HQ: San Francisco, California
Latest round: $2 million
Total raised: $2 million
Tags: China (market), underwriting, alternative underwriting, credit reporting, mobile
Source: FT Partners
Reveal
Social cryptocurrency
HQ: San Francisco, California
Latest round: $ 1.5 million
Total raised: $ 1.5 million
Tags: Bitcoin, mobile, social media, P2P payments
Source: Crunchbase
Case
Hardware wallet for cryptocurrency
HQ: Rochester, New York
Latest round: $1.5 million
Total raised: $1.5 million
Tags: Bitcoin, virtual currency, security
Source: Crunchbase
Corlytics
Compliance and risk-management technology
HQ: Dublin, Ireland
Latest round: $1.1 million
Total raised: $1.1 million
Tags: Risk management, security, regulation, compliance
Source: Crunchbase
Pumpkin
French mobile-payments app
HQ: Lille, France
Latest round: $800,000
Total raised: Unknown
Source: WhoGotFunded.com
FairCent
Marketplace lender
HQ: India
Latest round: $250,000
Total raised: $4.25 million
Tags: P2P lending, consumer, peer-to-peer, underwriting, credit, investing
Source: WhoGotFunded.com
Sequent
Mobile wallet APIs
HQ: Mountain View, California
Latest round: Undisclosed
Total raised: More than $12 million
Tags: Mobile, payments, API
Source: FT Partners
GoFundMe
Crowdfunding site for nonprofit causes
San Diego, California
Latest round: Undisclosed ($500 million valuation)
Total raised: Unknown
Tags: P2P, peer-to-peer, fundraising, payments
Source: Crunchbase
Swave
Mobile personal finance manager
HQ: United Kingdom
Latest round: Undisclosed
Total raised: Unknown
Tags: PFM, savings accounts, mobile, Citibank (investor), Lloyds (investor)
Source: FT Partners