The fintech sector scored its second consecutive under-$100 million week as the summertime slowdown hit the northern hemisphere. In total, 10 companies raised $83.3 million including one Finovate alum, mobile security specialist Tyfone ($6.6 million).
So far this year, more than $7.3 billion has flowed into the sector worldwide.
Here are the deals from 30 May to 5 June 2015, in order of money raised:
Nubank
Brazilian digital finance company
HQ: Sao Paulo, Brazil
Latest round: $30 million Series B
Total raised: $46.3 million
Tags: Mobile,
Source: Crunchbase
TabbedOut
Restaurant and bar payment system
HQ: Austin, Texas
Latest round: $21.5 million Series C
Total raised: $39 million
Tags: Payments, point of sale, POS, merchants, SMB
Source: Crunchbase
FinTech Group
Online brokerage and investment provider
HQ: Frankfurt, Germany
Latest round: $11.4 million ($230 million valuation)
Total raised: Unknown
Tags: Banking, Safecharge (investor/partner)
Source: FT Partners
Mirror
Online bitcoin exchange
HQ: Palo Alto, California
Latest round: $8.8 million Series A
Total raised: $12.8 million
Tags: Cryptocurrency, block chain, virtual currency, Ripple (investor)
Source: Crunchbase
Tyfone
Mobile security
HQ: Portland, Oregon
Latest round: $6.6 million Series C
Total raised: $11.9 million
Tags: Security, mobile, Finovate alum
Source: Geekwire
iFunding
Real estate investing platform
HQ: New York City, New York
Latest round: $2 million
Total raised: $4 million
Tags: Crowdfunding, P2P lending, commercial real estate, mortgage, investing
Source: Crunchbase
Propel(x)
Online platform for investing in “deep technology” startups
HQ: Redwood City, California
Latest round: $1.5 million
Total raised: $1.5 million
Tags: Crowdfunding, P2P, peer-to-peer, equity investing
Source: Crunchbase
PennyOwl
Allowance system for youth banking
HQ: New York City, New York
Latest round: $1.3 million Seed
Total raised: $1.3 million
Tags: Teen banking, parental controls, PFM, Silicon Valley Bank (investor)
Source: Crunchbase
Paygevity
Supply-chain payments
HQ: New York City, New York
Latest round: $250,000 Convertible debt
Total raised: $250,000
Tags: Payments, SMB, accounting, accounts receivables
Source: Crunchbase
MyPoolin
Social payments
HQ: Dwarka, India
Latest round: Undisclosed Seed
Total raised: Undisclosed
Tags: Payments, mobile, group, mobile
Source: Crunchbase
The biggest surprise in our look at first-quarter funding is that the $677 million amassed by 29 Finovate alums was more than 20% of the $3.2 billion invested in the entire worldwide fintech sector.
week, 25 companies raised $447 million ($362 million equity; $85 million debt). That’s the highest weekly number of companies funded since we began tracking in August 2014. It was a broad mix of sub-sectors, from crypto (Ripple) to alt-lending (Argon, eProdigy, Bitbond), payments (Wepay, Face++), fraud protection (Feedzai), personal finance tools (Credit Sesame, Planwise) and more.
While this week’s total of $160 million ($124 mil equity; $36 mil debt) won’t make headlines, the 14 companies raising money included a number of interesting plays. The biggest amount by far was the $64 million in equity plus $36 million in debt, invested in personal finance portal NerdWallet. And with a little less runway, Istanbul-baseed TravelersBox picked up $500,000 for its system to turn excess foreign currency and coins into gift cards.
Update: An update of this post 
It’s another unicorn week in fintech, although “only” $750 million of the nearly $1 billion in new funding was equity. Affirm’s $275 million round was rumored to include about $200 million in debt to fund its alt-lending efforts.
While it wasn’t a