The money-flow into fintech continued unabated this week with more than a half-billion ($557 million) raised by 24 companies. It was the eighth week this year that total fundings surpassed the $500-million mark. Year-to-date fintech firms have raised $13 billion.
The total included one new alum, Praesidio, which will be presenting its security and fraud-control integrations at next month’s FinDEVr. The Seattle-based startup raised $3 million to bring its total funding to $5.3 million. Also, long-time alum Alkami Technology picked up $11 million on Friday to further their e-banking solutions business.
Here are the fundings by size from 12 Sep to 18 Sep 2015:
AvidXchange
Automated billpay and accounts-payables solutions
HQ: Charlotte, North Carolina
Latest round: $225 million Series E
Total raised: $225+ million
Tags: Bill payment, accounting, SMB, payments, billing
Source: Crunchbase
Clover Health
Health insurance targeting seniors
HQ: San Francisco, California
Latest round: $100 million
Total raised: $100 million
Tags: Consumer, health insurance, seniors
Source: Crunchbase
LightSpeed
Point-of-sale system
HQ: Montreal, Canada
Latest round: $61 million
Total raised: $126 million
Tags: SMB, payments, POS, acquiring, merchants
Source: Crunchbase
Compass
Real estate marketplace
HQ: New York City, New York
Latest round: $50 million
Total raised: $123 million
Tags: Consumer, home buying, mortgage
Source: Crunchbase
Oscar
Health insurance
HQ: New York City, New York
Latest round: $32.5 million
Total raised: $327.5 million
Tags: Consumer, health insurance, SMB, Google (investor)
Source: Crunchbase
Aspiration
Online investment platform
HQ: Marina Del Rey, California
Latest round: $15.5 million
Total raised: $20 million
Tags: Consumer, investing, socially conscious, low-fee, wealth management
Source: FT Partners
Lumity
Health insurance selection for enterprises
HQ: San Mateo, California
Latest round: $14 million
Total raised: $14 million
Tags: Enterprise, SMB, insurance, benefits, human resources, HR
Source: Crunchbase
Fundera
Small-business loan marketplace
HQ: New York City, New York
Latest round: $11.5 million Series B
Total raised: $14.9 million
Tags: SMB, lending, commercial loans, lead gen
Source: Crunchbase
Alkami Technology
Digital banking solutions
HQ: Oklahoma City, Oklahoma
Latest round: $11 million
Total raised: $54 million
Tags: Online banking, mobile, Finovate alum
Source: FT Partners
Compte Nickel
French neo-bank
HQ: France
Latest round: $11.5 million
Total raised: $11.5 million
Tags: Consumer, debit card, banking, transaction account
Source: FT Partners
MarketInvoice
Receivables financing marketplace lender
HQ: London, England, United Kingdom
Latest round: $7.7 million
Total raised: $28.1 million
Tags: SMB, lending, underwriting, P2P, peer-to-peer, investing
Source: Crunchbase
Mighty
Financing to plaintiffs awaiting legal settlments
HQ: New York City, New York
Latest round: $5.3 million Series A
Total raised: $5.3 million
Tags: Consumer, legal, lending, loans, credit
Source: Crunchbase
Auger
Open-source predictions marketplace
HQ: San Francisco, California
Latest round: $4.7 million
Total raised: $4.7 million
Tags: Cryptocurrency, blockchain, Ethereum, security, payments
Source: Crunchbase
Satispay
Mobile payments
HQ: Milan, Italy
Latest round: $3.5 million
Total raised: $11.2 million
Tags: Consumer, payments, mobile, SMB
Source: Crunchbase
Praesidio
Cloud-based security for financial institutions
HQ: Seattle, Washington
Latest round: $3 million
Total raised: $5.3 million
Tags: Enterprise, security, fraud, risk management, FinDevR 2015 presenter
Source: Crunchbase
CompareIt4Me
Financial services comparison site
HQ: Dubai
Latest round: $3 million
Total raised: $3.3 million
Tags: Consumer, personal finance, price comparison, lead generation
Source: Crunchbase
PeerIQ
Risk management for P2P lending
HQ: New York City, New York
Latest round: $2.5 million
Total raised: $8.5 million
Tags: Enterprise, lending, credit, underwriting, peer-to-peer
Source: Crunchbase
AlphaClone
Stock trading strategies
HQ: San Francisco, California
Latest round: $2.3 million Series A
Total raised: $4.6 million
Tags: Consumer, advisers, investing, trading, wealth management
Source: Crunchbase
Bux
Simple mobile-trading app
HQ: Amsterdam, Netherlands
Latest round: $1.9 million
Total raised: $3.8 million
Tags: Consumer, trading, mobile, investing
Source: Crunchbase
Advizr
Financial planning software
HQ: New York City, New York
Latest round: $1.7 million Seed
Total raised: $1.7 million
Tags: Advisers, wealth management, personal financial management
Source: Crunchbase
Besepa
Direct debit management services
HQ: Madrid, Spain
Latest round: $200,000
Total raised: $300,000
Tags: Payments, billpay, SMB, accounts receivables, invoicing, billing
Source: Crunchbase
EquityZen
Secondary market for private equity
HQ: New York City, New York
Latest round: Undisclosed
Total raised: Unknown
Tags: Investing, private companies, trading, SMB
Source: Crunchbase
Mubble
Automatic bill payment for prepaid cards
HQ: Bangalore, India
Latest round: Undisclosed
Total raised: Unknown
Tags: Consumer, prepaid, debit cards, payments, billpay
Source: Crunchbase
RateGator
Mortgage marketplace
HQ: Saratoga Springs, New York
Latest round: Undisclosed
Total raised: Unknown
Tags: Consumer, lead gen, lending, mortgage
Source: Crunchbase
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