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Fintech Fundings: 13 Companies Raise $120 Million Week Ending April 3, 2015

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The first quarter ended with a flourish of funding as 13 companies raised new funds ranging from $810,000 to $60 million. The total intake was $123 million, of which about half was the $60 million in debt raised by FinovateSpring15 presenter Yapstone. In addition, two Finovate crowd favorites were acquired this week: Toopher by SalesForce and ReadyForZero by Avant.

All told, about $770 million poured into the sector in March, a heady $9 billion run-rate (see previous weekly funding reports).

Here are the deals from 28 March through 2 April 2015 ranked by deal size:

Yapstone
Online and mobile payments
HQ: Walnut Creek, California
Latest round: $60 million (debt)
Total raised: $113.4 million ($53.4 million equity, $60 million debt)
Tags: Payments, mobile, Comerica Bank (investor/lender), FinovateSpring 2015 presenter
Source: Finovate

RateSetter
Consumer marketplace lender
HQ: London, United Kingdom
Latest round: $30 million
Total raised: $45 million
Tags: P2P, peer-to-peer lending, credit, underwriting, investing
Source: Crunchbase

Companisto
German equity crowdfunding platform for startups
HQ: Berlin, Germany
Latest round: $8 million
Total raised: $13 million
Tags: Crowdfunding, investing, SMB, startups
Source: Crunchbase

MyCheck
Automatic payment system catering to restaurant customers
HQ: Tel Aviv, Israel
Latest round: $5 million
Total raised: $11.1 million
Tags: Payments, mobile, SMB, restaurants
Source: Crunchbase

PeerNova
Blockchain technology
HQ: San Jose, California
Latest round: $5 million
Total raised: $19 million (includes unspecified amount of debt)
Tags: Bitcoin, virtual currency, cryptocurrencies, Overstock.com (investor)
Source: FT Partners

EZBOB
Online small business lender
HQ: London, United Kingdom
Latest round: $4.5 million
Total raised: $26 million
Tags: Loans, credit, SMB, underwriting, Finovate alum
Source: Finovate

Lendix
French marketplace lender for business loans
HQ: Paris, France
Latest round: $3.5 million
Total raised: $3.5 million
Tags: SMB, peer-to-peer lending, underwriting, credit, investing
Source: FT Partners

Bitt
Caribbean cryptocurrency exchange
HQ: Christ Church, Barbados
Latest round: $1.5 million
Total raised: $1.5 million
Tags: Bitcoin, blockchain, virtual currency
Source: Crunchbase

Scutify
Social network for investors
HQ: New York City, New York
Latest round: $1.5 million
Total raised: $2.5 million
Tags: Investing, information, traders, advice
Source: Crunchbase

Ittavi
Automates child-care payments with its SupportPay service
HQ: Santa Clara, California
Latest round: $1.5 million
Total raised: $2.6 million
Tags: Payments, automation, billpay, legal
Source: FT Partners

Gem
Bitcoin API provider
HQ: Venice, California
Latest round: $1.3 million
Total raised: $3.6 million
Tags: Cryptocurrency, developers, bitcoin
Source: Coinbase

PayNova
Swedish online payments provider
HQ: Stockholm, Sweden
Latest round: $810,000
Total raised: $810,000
Tags: Payments, mobile, online
Source: FT Partners

PPDai
Chinese-consumer marketplace-lender
HQ: Shanghai, China
Latest round: Undisclosed
Total raised: At least $70 million
Tags: Loans, consumer, lending, underwriting, P2P, peer-to-peer, investing
Source: Crunchbase