Ahead of Finovate next week, it was a lively few days with 18 companies receiving cash inflows totaling $207.6 million. The total included mega-rounds of $30+ million to three lending plays: FundBox ($50 mil); CommonBond ($35 mil); Orchard Platform ($30 million); and one financial-institution-supported blockchain startup: Chain ($35 mil).
Finovate alum Trunomi raised $3 million, while FinDEVr charter-alum Coinlytics raised an undisclosed amount.
The $208 million this week brings total 2015 YTD fintech fundings to $12.4 billion. Following are the fundings from 4 Sep to 10 Sep 2015 by size:
FundBox
Accounts receivable financing for small businesses
HQ: San Francisco, California
Latest round: $50 million Series C
Total raised: $107.5 million
Tags: SMB, credit, accounts receivables, accounting, SMB
Source: Crunchbase
CommonBond
Crowdfunded student loans
HQ: New York City, New York
Latest round: $35 million Series B
Total raised: $196 million ($150 million debt; $46 million equity)
Tags: Student loans, credit, underwriting, P2P, investing
Source: Crunchbase
Chain
Enterprise blockchain technology
HQ: San Francisco, California
Latest round: $30 million Series B
Total raised: $43.7 million
Tags: Development platform, bitcoin, blockchain technology, investors (Visa, Capital One, Fiserv, Citibank)
Source: Wall Street Journal
Orchard Platform
Powering marketplace lending
HQ: New York City, New York
Latest round: $30 million
Total raised: $44.7 million
Tags: Lending, credit, developers, APIs, P2P loans, crowdfunding debt, enterprise
Source: FT Partners
DISCERN
Investment information for professional investors
HQ: San Francisco, California
Latest round: $20 million Series A
Total raised: $20 million
Tags: Investing, SaaS, big data, analytics
Source: FT Partners
Abra
Crowdsourced remittances
HQ: Silicon Valley, California
Latest round: $12 million Series A
Total raised: $14 million
Tags: Remittances, P2P payments, person-to-person
Source: Coinbase
NEFT LLC (mPowerCredit)
Credit tools for consumers
HQ: Newport Beach, California
Latest round: $10 million
Total raised: $ million
Tags: Credit score, consumer, lending
Source: Marketwatch
Deposit Solutions
Retail deposit savings account management for FIs
HQ: Hamburg, Germany
Latest round: $6.1 million
Total raised: Unknown
Tags: Deposit, banking, real estate, core solutions, enterprise
Source: FT Partners
Trading Ticket
User-friendly consumer trading service, TradeIt
HQ: New York City, New York
Latest round: $4 million Seed
Total raised: $4 million
Tags: Investing, stocks, trading, mobile, UI, consumer, Citibank (investor)
Source: Crunchbase
Trunomi
KYC systems
HQ: Hamilton, Bermuda
Latest round: $3.0 million
Total raised: $5.3 million
Tags: Security, KYC, compliance, Finovate alum
Source: Finovate
FeeX
Fee discovery for individual investors
HQ: New York City, New York
Latest round: $2.8 million
Total raised: $12.3 million
Tags: Consumer, investing, 401(k), mutual funds, 403(b), fees, lead gen
Source: Crunchbase
Shapeshift
Cyrptocurrency exchange
HQ: Zug, Switzerland
Latest round: $1.6 million
Total raised: $2.4 million
Tags: Cryptocurrency, bitcoin, altcoin
Source: TechCrunch
PractiFI
Wealth management solutions
HQ: Sydney, Australia
Latest round: $1.1 million
Total raised: $1.1 million
Tags: Investing, asset management, advisers
Source: FT Partners
Case Wallet (aka Cryptolabs)
Bitcoin wallet (hardware)
Latest round: $1.0 million
Total raised: $3.2 million
Tags: Payments, P2P pay, remittances, hardware, consumer
Source: WhoGotFunded.com
Sindeo
Online mortgage adviser
HQ: San Francisco, California
Latest round: $550,000
Total raised: $7.05 million
Tags: Mortgage, lending, lead gen, loans
Source: WhoGotFunded
MockBank
Banking job exam preparation
HQ: Bangalore, India
Latest round: $400,000 Seed
Total raised: $400,000
Tags: Human resources, regulation, enterprise, bank management, compliance
Source: Crunchbase
Coinalytics
Blockchain intelligence
HQ: Mountain View, California
Latest round: Undisclosed Seed
Total raised: $200,000+
Tags: Bitcoin, blockchain, analytics, cryptocurrency, FinDEVr alum
Source: FT Partners
Abide Financial
Regulatory reporting solutions
HQ: London, England, United Kingdom
Latest round: Undisclosed
Total raised: Unknown
Tags: Regulations, compliance, enterprise, bank management
Source: FT Partners