As we head into the final four weeks of 2015, private investment into the fintech sector is just under $18 billion for the year—or $24 billion including the First Data, Worldpay and Square IPOs.
Two Finovate alums were among the 13 companies raising money this week:
- ThetaRay: The Israeli fintech security company raised $5 million from Alibaba
- Onovative: The financial services marketing automation provider brought in $1 million
In total, the 13 companies pulled in $112.7 million, all equity.
Here are the deals by size from 28 Nov through 4 Dec 2015:
Tyro Payments
Point-of-sale payment processor
Latest round: $72 million
Total raised: $104 million
HQ: Sydney, Australia
Tags: Merchants, SMB, acquiring, mobile, POS, mPOS, credit/debit cards
Source: Crunchbase
Progressa
Short-term online consumer loans
Latest round: $11.4 million Series A
Total raised: $11.4 million
HQ: Vancouver, Canada
Tags: Consumer, lending, payday, underwriting, loans
Source: Crunchbase
Clearpool Group
Electronic trading software
Latest round: $8 million
Total raised: $8 million
HQ: New York City, New York
Tags: Enterprise, investing, trading
Source: FT Partners
Mirador Financial
Small business lending technology
Latest round: $7 million Series A
Total raised: $9.7 million
HQ: Portland, Oregon
Tags: Enterprise, SMB, lending, underwriting, loans
Source: Crunchbase
ThetaRay
Threat detection solutions for financial institutions
Latest round: $5 million Series C
Total raised: $15 million
HQ: Jerusalem, Israel
Tags: Enterprise, big data, security, Alibaba (investor), Finovate alum
Source: Crunchbase
Bee
Mobile bank/card
Latest round: $4.6 million
Total raised: $4.6 million
HQ: New York City, New York
Tags: Consumer, prepaid debit card, neo-bank, challenger bank, mobile
Source: Crunchbase
Social Change Rewards
Rewards platform emphasizing personal wellness
Latest round: $2 million
Total raised: $2 million
HQ: Toronto, Canada
Tags: Consumer, rewards, gamification, cards, health care
Source: Crunchbase
Onovative
Marketing automation and analytics for financial institutions
Latest round: $1.0 million Series A ($3 million valuation)
Total raised: $1.6 million
HQ: Louisville, Kentucky
Tags: Consumer, marketing, analytics, Finovate alum
Source: Finovate
ETNetwork
Digital receipts platform
Latest round: $1.2 million
Total raised: $1.2 million
HQ: Stockholm, Sweden
Tags: Enterprise, merchants, SMB, PFM, transactions, debit/credit cards
Source: Crunchbase
ExpenseBot
Platform
Latest round: $150,000
Total raised: $325,000
HQ: North Ridgeville, Ohio
Tags: Consumer
Source: WhoGotFunded
Zize (formerly Tete)
Blockchain-based bitcoin analytics
Latest round: $100,000 Angel
Total raised: $100,000
HQ: Genova, Italy
Tags: Enterprise, cryptocurrency, big data, analytics, blockchain
Source: Crunchbase
iQapla
Automated trading tools
Latest round: Undisclosed Seed
Total raised: Unknown
HQ: Madrid, Spain
Tags: Consumer, trading, investing, stock market
Source: Crunchbase
OmegaFI
College fraternity and sorority financial management platform
Latest round: Undisclosed
Total raised: Unknown
HQ: Columbus, Georgia
Tags: Nonprofit, accounting, bookkeeping, billpay, invoicing
Source: FT Partners