Due to the massive $4.5 billion funding at Alipay’s Ant Financial, we just set the one-week record for fintech venture funding with $4.79 billion (of which $125 million was debt). However, for the first time this year, there were fewer than 20 deals during the week. But with 39 deals last week and 17 this week, it could hardly be called a slowdown.
The total number of deals YTD stands at 419, nearly double last year’s 223. Total dollars raised YTD is now $13.6 billion, 2.5x the $5.5 billion raised during the same period a year ago.
Here are the fintech deals by size from 16 April to 22 April 2016:
Ant Financial
Online payment services division of Alipay
Latest round: $4.5 billion Series B
Total raised: $4.5 billion
HQ: Hangzhou, China
Tags: Consumer, merchants, SMB, payments, mobile, funds transfer, P2P, peer-to-peer
Source: Crunchbase
SocietyOne
P2P lending platform
Latest round: $125 million, $25 million Series C and $100 million Debt
Total raised: $158.5 million including $100 million Debt
HQ: Sydney, Australia
Tags: Consumer, lending, credit, underwriting, crowdfunding, peer-to-peer loan marketplace, Finovate alum
Source: Crunchbase
Kueski
Alt-lender in Mexico
Latest round: $35 million ($10 million Series A, $25 million debt)
Total raised: $40.1 million
HQ: Guadalajara, Mexico
Tags: Consumer, lending, credit, underwriting, payday loans
Source: Crunchbase, Press Release
Forter
Ecommerce payments fraud technology
Latest round: $32 million Series C
Total raised: $50 million
HQ: San Francisco, California
Tags: SMB, payments, merchants, fraud, security
Source: Crunchbase
Acorns
Small-dollar investments provider
Latest round: $30 million Series D
Total raised: $61.96 million
HQ: Newport Beach, California
Tags: Consumer, savings account, desposits, investing, millenials, payments, mobile, Paypal (investor)
Source: Crunchbase
Transactis (OfferIQ)
BillerIQ bill presentment and payment solution
Latest round: $30 million Series E
Total raised: $66.7 million
HQ: New York City
Tags: Enterprise, payments, billpay, invocing, billing, white-label
Source: Crunchbase
Tuliu.com
Land purchase and sales management platform
Latest round: $23 million Series B
Total raised: $23 million
HQ: China
Tags: Real estate, mortgage, land purchase, discovery
Source: Crunchbase
Platform Black (GLI Finance)
Invoice finance marketplace lender
Latest round: $7.2 million
Total raised: Unknown
HQ: Basingstoke, England, United Kingdom
Tags: SMB, lending, credit, underwriting, trade finance, factoring, accounts receivables, invoice financing, investing
Source: PYMNTS.com, Startups.co.uk
Castle
Rental payment and management platform
Latest round: $2 million Seed
Total raised: $2 million
HQ: San Francisco, California
Tags: SMB, landlords, commercial real estate, merchants, payments, Y Combinator (investor)
Source: Crunchbase
ClassWallet
Payment and procurement plaftform for the education market
Latest round: $1.5 million
Total raised: $4.04 million
HQ: Miami, Florida
Tags: Governmet, education, payments, billing, invoicing, expense reimbursement, purchasing
Source: Crunchbase
BrickVest
Online real estate investment platform
Latest round: $1.44 million
Total raised: $2.44 million
HQ: London, England, United Kingdom
Tags: Consumer, investing, credit, commercial real estate, mortgage
Source: Crunchbase
Modalku
Small business marketplace lender
Latest round: $1.2 million Seed
Total raised: $1.2 million
HQ: Jakarta, Indonesia
Tags: Consumer, lending, credit, underwriting, merchants, acquiring, purchase finance
Source: Crunchbase
Tricount
Group expense manager
Latest round: $560,000 Seed
Total raised: $560,000
HQ: Brussels, Belgium
Tags: Consumer, payments, personal finance, budgeting, PFM, millenials
Source: FT Partners
CodiPark
Payment and access solutions for off-street parking
Latest round: $500,000 Seed
Total raised: $780,000
HQ: New York City
Tags: Consumer, SMB, merchants, acquiring, payments
Source: FT Partners
Konfio
Online micro-business loans
Latest round: Undisclosed Series A
Total raised: Unknown
HQ: Mexico City
Tags: SMB, small business, lending, credit, underwriting
Source: Crunchbase
MCX Stock Exchange
Commodity exchange in India
Latest round: Not disclosed
Total raised: Unknown
HQ: San Francisco, California
Tags: Enterprise, investing, futures, commodities, trading
Source: FT Partners
Rapid Ratings
Ratings service for public and private company financial health
Latest round: Not disclosed
Total raised: Unknown
HQ: New York City
Tags: Enterprise, investors, advisors, investing, information services, analytics
Source: FT Partners