This week, a wide variety of fintech companies raised money—from blockchain security (BitFury) to B2B payments (Karmic Labs). But once again the lending sector attracted the most cash, accounting for $95 million, or 64% of the $150 million total.
The biggest round of the week was a partial Series C totaling $44 million to Finovate alum Kreditech. Two other Finovate alums raised new rounds: $5 million to Karmic Labs and an undisclosed amount to Nearex.
In total, 15 companies raised $150 million, bringing the year-to-date total to $8.4 billion.
Here are the deals, by size, announced between 4 July and 10 July 2015:
KreditTech
Alt-lender and credit-scoring services
HQ: Hamburg, Germany
Latest round: $44 million Series C
Total raised: $307 million ($215 million debt; $92 million equity)
Tags: Lending, loans, consumer, credit score, underwriting, Finovate alum
Source: Crunchbase
LSQ Funding
Receivables financing
HQ: Maitland, Florida
Latest round: $40 million
Total raised: $140 million
Tags: Alt-lending, SMB, accounts receivables, underwriting
Source: FT Partners
BitFury
Blockchain and bitcoin security
HQ: San Francisco, California
Latest round: $20 million
Total raised: $60 million
Tags: Bitcoin, blockchain, virtual currency, security
Source: Crunchbase
SlimPay
Online payments
HQ: Paris, France
Latest round: $16.6 million
Total raised: $16.6 million
Tags: Payments, direct debit, bank account, mobile payments, SMB, consumer
Source: Crunchbase
Lendingkart
Online financing for small business working capital
HQ: Ahmedabad, India
Latest round: $10 million
Total raised: Unknown
Tags: SMB, lending, underwriting
Source: Crunchbase
Karmic Labs
B2B payments infrastructure
HQ: San Francisco, California
Latest round: $5 million Series A
Total raised: $7.7 million
Tags: Payments, SMB, enterprise, Dash (trade name), Finovate alum
Source: Finovate
FAMACO
Android-based NFC reader
HQ: Paris, France
Latest round: $4.4 million
Total raised: $5.4 million
Tags: Payments, loyalty, SMB, POS, point-of-sale, hardware, acquiring
Source: Crunchbase
BeneStream
Health insurance
HQ: New York City, New York
Latest round: $4.3 million Series A
Total raised: $7.6 million
Tags: Healthcare, enterprise, self-insure
Source: FT Partners
OneMove
Real estate transaction platform
HQ: Regina, Canada
Latest round: $2.3 million
Total raised: $12.2 million
Tags: Home buying, mortgage, homeowners insurance
Source: FT Partners
Self Lender
Credit-building service
HQ: Austin, Texas
Latest round: $1.5 million Seed
Total raised: $2.0 million
Tags: Lending, loans, consumer, credit score, underwriting, Finovate alum
Source: Crunchbase
Toast
Online remittances and P2P transfers
HQ: Singapore
Latest round: $750,000 Seed
Total raised: $750,000
Tags: Payments, person-to-person, international remittances, fx
Source: FT Partners
Fundible
Group buying platform
HQ: Cardiff, United Kingdom
Latest round: $170,000
Total raised: $170,000
Tags: Payments, social, purchase, merchants, SMB
Source: Pymnts.com
Nearex
Proximity payments
HQ: Singapore
Latest round: Undisclosed Series B
Total raised: Unknown
Tags: Micropayments, POS, SMB, merchants, mobile payments, Finovate alum
Source: Finovate
BrickVest
Real estate investing marketplace
HQ: London, England, United Kingdom
Latest round: Undisclosed
Total raised: $1+ million
Tags: Mortgage, real estate, investing
Source: Crunchbase
IndiaLends
Lending and borrowing marketplace
HQ: New Delhi, India
Latest round: Undisclosed
Total raised: Unknown
Tags: Loans, credit, consumer, P2P, peer-to-peer, underwriting, investing
Source: Crunchbase