It was a quiet week over the U.S. Thanksgiving holiday, but it still surpassed the $100-million mark, thanks entirely to U.K.-based Atom Bank’s $128 million raise. BBVA was lead investor, contributing $68 million for a 30% stake in the not-yet-launched mobile bank.
In total, 12 fintech companies raised $152 million, although 5 of the 12 did not release the amount raised. Finovate alum Lighter Capital had the second-biggest round this week, raising $9 million in equity and announcing a loan-funding commitment of $100 million, a sum not included in fundraising totals.
So far this year, venture funding in the fintech sector has totaled $17.8 billion, or about $24 billion including WorldPay, First Data and Square IPOs.
Here are the deals by size from 21 Nov through 27 Nov 2015:
Atom Bank
Digital bank
Latest round: $128 million; $230 million valuation
Total raised: $128 million
HQ: Durham, England, United Kingdom
Tags: Consumer, bank, BBVA (lead investor), mobile, challenger
Source: Crunchbase
Lighter Capital
Alt-lender focused on startups
Latest round: $9 million
Total raised: $15 million
HQ: Seattle, Washington
Tags: SMB, underwriting, revenue-based financing, commercial lending, loans, credit
Source: Finovate
Growth Street
Alt-lender for small businesses
Latest round: $7.6 million
Total raised: $7.6 million
HQ: London, England, United Kingdom
Tags: SMB, lending, short-term financing, commercial lending, underwriting
Source: Crunchbase
Anywhere to Go Co
Insurance claims platform (Claim Di)
Latest round: $2 million
Total raised: $2 million
HQ: Bangkok, Thailand
Tags: Enterprise, B2B2C, insurance, mobile
Source: Crunchbase
Lenda (formerly GoRefi)
Mortgage lending platform
Latest round: $2 million Seed
Total raised: $4 million
HQ: San Francisco, California
Tags: Consumer, mortgage, home buying, refinance, lead gen, price discovery
Source: Crunchbase
Early Salary
Alt-lending platform
Latest round: $1.5 million Seed
Total raised: $1.5 million
HQ: Pune, India
Tags: Consumer, lending, underwriting, young adults, credit scoring
Source: Crunchbase
NextBank Project
Bitcoin-based bank
Latest round: $1.4 million; $35 million valuation
Total raised: $2.1 million
HQ: Port-valais, Vanuatu
Tags: Bitcoin, banking, payments, consumer, SMB, cryptocurrency
Source: Crunchbase
Akredo
Lending portal
Latest round: $635,000
Total raised: $820,000
HQ: Warsaw, Poland
Tags: Consumer, lending, lead gen, price comparison
Source: Crunchbase
DealMarket
Deal management platform
Latest round: Undisclosed
Total raised: Unknown
HQ: Zurich, Switzerland
Tags: SMB, equity, investing
Source: FT Partners
Homie
Peer-to-peer real estate platform
Latest round: Undisclosed
Total raised: Unknown
HQ: Salt Lake City, Utah
Tags: Consumer, home buying, discovery, mortgage
Source: Crunchbase
Kount Money
Marketplace lender
Latest round: Undisclosed
Total raised: Unknown
HQ: Bengaluru, India
Tags: Consumer, credit, person-to-person, lending, P2P, peer-to-peer, investing
Source: Crunchbase
Point
Home-equity exchange
Latest round: Undisclosed
Total raised: Unknown
HQ: Palo Alto, California
Tags: Consumer, home equity, mortgage, lending, credit, investing
Source: Techcrunch
Savedo
Savings and timed-deposit portal
Latest round: Undisclosed
Total raised: Unknown
HQ: Berlin, Germany
Tags: Consumer, savings accounts, certificates of deposit, banking
Source: Crunchbase