For the third time in that past four weeks a fintech funding record has fallen. This week it was number of companies, beating the total funded two weeks ago by one. As you may recall, last week we set the new mark (by a large margin) for the highest weekly dollar total with $2.7 billion.
All told, last week 29 fintech companies worldwide brought in $352 million, including Finovate alum PinDrop Security, which added $75 million for its voice biometrics tools to fight fraud.
In January, fintech companies raised $4 billion in equity and debt worldwide, almost four times the $780 million raised during January 2015. And the number of deals is up 70% (104 compared to 61 in 2015).
Here are the fintech deals by size from 23 Jan to 29 Jan 2016:
Nexara Holdings
Mortgage startup with two brands: NewFI & Bluestream Lending
Latest round: $100 million Series
Total raised: $100 million
HQ: Emeryville, California
Tags: Consumer, credit, mortgage, underwriting
Source: Crunchbase
Pindrop Security
Anti-fraud technology for financial institutions and others
Latest round: $75 million Series C
Total raised: $122 million
HQ: Atlanta, Georgia
Tags: Enterprise, SMB, fraud, voice biometrics, security, Finovate alum
Source: Finovate
Cadre
Real estate investing platform
Latest round: $50 million Series B
Total raised: $68.3 million
HQ: New York City
Tags: Consumer, advisors, real estate, mortgage, investing, wealth management
Source: FT Partners
Bayut
UAE real estate portal
Latest round: $20 million Series C
Total raised: $29 Million
HQ: Dubai, UAE
Tags: Consumer, home buying, renting, mortgage, real estate
Source: Crunchbase
College Ave Student Loans
Student loan lender
Latest round: $20 million
Total raised: $40 million
HQ: Milwaukee, Wisconsin
Tags: Consumer, credit, youth market, underwriting, lending, loans, FirstTrust Bank (loan originator)
Source: Crunchbase
The Zebra
Car insurance price comparison
Latest round: $17 million Series A
Total raised: $23.03 million
HQ: Austin, Texas
Tags: Consumer, insurance, automobile insurance, price comparison, lead gen, discovery, quotes
Source: Crunchbase
PitchBook
Investment information
Latest round: $10 million Series B
Total raised: Unkown
HQ: Seattle, Washington
Tags: SMB, advisors, enterprise, investing, trading, wealth management
Source: FT Partners
Sprinklebit
Social investing platform
Latest round: $10 million Series A
Total raised: $13.7 million
HQ: New York City
Tags: Consumer, investing, trading, social media
Source: Crunchbase
Sonovate
Contract financing and management services for professional recruitment firms
Latest round: $7.1 Million Series
Total raised: Unknown
HQ: London, England, UK
Tags: SMB, credit, receivables financing, management
Source: FT Partners
Bench
Online bookkeeping service
Latest round: $6.75 million Series
Total raised: $23.5 Million
HQ: Vancouver, British Columbia, Canada
Tags: SMB, bookkeeping, accounting, invoicing
Source: Crunchbase
Wave Accounting
Online accounting & invoicing
Latest round: $6.3 million
Total raised: $6.3 million
HQ: Toronto, Ontario, Canada
Tags: SMB, bookkeeping, accounting, invoicing
Source: Crunchbase
Cumulus Funding
Consumer alt-lender
Latest round: $5.9 million Series
Total raised: $6.75 million
HQ: Chicago, Illinois
Tags: Consumer, credit, underwriting, loans, lending
Source: FT Partners
Kurtosys
Client reporting and information management for financial services
Latest round: $5.2 million Series
Total raised: $25.6 million
HQ: London, England, UK
Tags: Enterprise, advisors, wealth management, hosting
Source: FT Partners
Smartika
Social lending platform
Latest round: $4.9 million
Total raised: $4.9 million
HQ: Milan, Italy
Tags: Consumer, credit, person-to-person, marketplace lender, underwriting, investing
Source: Crunchbase
Vestorly
Content management for financial services
Latest round: $4.1 million Series A
Total raised: $4.1 million
HQ: New York City
Tags: Enterprise, content, investing
Source: FT Partners
Dopay
Electronic payroll system
Latest round: $2.4 million Series A
Total raised: $8.0 million
HQ: London, England, UK
Tags: B2B2C, SMB, payments, payroll, human resources, underbanked, unbanked, Barclays Accelerator
Source: Crunchbase
Insurify
Car insurance comparison site
Latest round: $2 million Seed
Total raised: $2 million
HQ: Cambridge, Massachusetts
Tags: Consumer, insurance, automobile, car insurance, lead gen, price comparison, discovery
Source: Crunchbase
ClaimKit
Insurance claim management
Latest round: $1.8 million
Total raised: $2.36 million
HQ: Overland Park, Kansas
Tags: Enterprise, insurance claim processing
Source: FT Partners
AlgoMerchant
Investment portal
Latest round: $1.3 million Seed
Total raised: $1.3 million
HQ: Singapore
Tags: Consumer, investing, lead gen, wealth management, discovery, advisors
Source: Crunchbase
Jewel Paymentech
Risk management for payment acquirers
Latest round: $1 million
Total raised: $1 million
HQ: Singapore
Tags: SMB, enterprise, security, fraud management, acquirers, merchants, payments
Source: Crunchbase
YoPay
Digital payments
Latest round: $550,000 Seed
Total raised: 550,000
HQ: New York City
Tags: SMB, merchants, credit/debit card acquiring, payments
Source: Crunchbase
bitFlyer
Japanese bitcoin exchange
Latest round: $420,000
Total raised: $7.36 million
HQ: Japan
Tags: Consumer, SMB, bitcoin, cryptocurrency, virtual currency, blockchain
Source: Crunchbase
SatoshiPay
Bitcoin nanopayments
Latest round: $390,000
Total raised: $630,000
HQ: London, England, UK
Tags: Consumer, payments, micro-payments, content, virtual currency
Source: Crunchbase
Billecta
Online invoicing
Latest round: $140,000
Total raised: $140,000
HQ: Sweden
Tags:SMB, bookkeeping, accounting, invoicing
Source: Crunchbase
Finova Financial
Online vehicle-secured lending
Latest round: $125,000 Seed
Total raised: $125,000
HQ: Palm Beach Gardens, Florida
Tags: Consumer, credit, automobile lending, alt-lender, underwriting
Source: Crunchbase
C2FO
Working capital finance
Latest round: Not disclosed
Total raised: $85 million in prior rounds
HQ: Fairway, Kansas
Tags: SMB, enterprise, credit, receivables financing, trade finance, factoring, underwriting, Citibank (investor)
Source: FT Partners
CreditNation
Loan comparison site
Latest round: Not disclosed
Total raised: Unknown
HQ: Delhi, India
Tags: Consumer, credit, lead gen, price comparison, loans, discovery, lending
Source: Crunchbase
Truebill
Recurring payments management
Latest round: Not disclosed
Total raised: Unknown
HQ: San Francisco, California
Tags: Consumer, payments, personal financial management, billpay, recurring bills, PFM, Ycombinator
Source: Crunchbase
True Potential
Wealth management technology
Latest round: Undisclosed Private Equity
Total raised: Unknown
HQ: London, England, UK
Tags: Advisors, consumer, wealth management, investing
Source: Crunchbase