As folks in the U.S. headed for the beach, investors in the rest of the world unleashed a tsunami of cash into the fintech sector. Depending on the size of the undisclosed A round to Alibaba’s Ant Financial—a valuation rumored to be $45 to $50 billion—it was probably a record week. Even without counting Ant’s funding, $400 million was raised, meaning we almost certainly had our third unicorn week in the past 12 months.
Finovate alum, BankBazaar received one of the big raises, bringing in $60 million for its Indian financial services portal, lead by none other than Amazon.
In total this week, 18 companies raised $393 million. Only three of those—worth $107 million—were in the United States. At the halfway point of 2015, we’ve tracked $8.3 billion in new fintech investments, not including the Ant round.
Here are the deals from 27 June to 3 July ranked by size:
Ant Financial
Alibaba financial services spin out: Alipay, MyBank, Sesame Credit, Y’ue Bao)
HQ: Hangzhou, China
Latest round: Undisclosed Series A ($45 billion valuation)
Total raised: Unknown
Tags: Alibaba (parent), payments, credit scoring, investments, digital banking, lending
Source: Techcrunch
GFG Group
Consumer payment services
HQ: Auckland, New Zealand
Latest round: $167 million
Total raised: $180 million
Tags: Payments, mobile, telecom
Source: Crunchbase
Chrome River Technologies
Expense reporting and invoice management
HQ: Los Angeles, California
Latest round: $100 million Series D
Total raised: $120 million
Tags: Accounting, accounts payables, SMB, enterprise
Source: Crunchbase
BankBazaar
Online marketplace for financial services
HQ: Chennai, India
Latest round: $60 million Series C
Total raised: $79 million
Tags: Personal finance shopping, loans, credit cards, insurance, lead generation, Finovate alum
Source: Finovate
Pret d’Union
P2P lending
HQ: Paris, France
Latest round: $34 million
Total raised: $52.4 million
Tags: Lending, consumer, crowdfunding, lending, investing, peer-to-peer
Source: Crunchbase
Velocity
Mobile payments and rewards systems for hospitality industry
HQ: London, England, United Kingdom
Latest round: $12 million
Total raised: $12.4 million
Tags: Mobile payments, POS, point-of-sale, tablet, order entry, SMB
Source: Crunchbase
SimplyInsured
Health insurance for small businesses
HQ: San Francisco, California
Latest round: $5.9 million Series A
Total raised: $7.7 million
Tags: Insurance, health care, SMB, Y-Combinator
Source: Crunchbase
InvoiNet
Invoice-based financing marketplace in Latin America
HQ: Argentina
Latest round: $4 million
Total raised: Unknown
Tags: SMB, accounting, payables, receivables, billing, billpay, enterprise, IFC (investor)
Source: The Paypers
Mondo
U.K. neo-bank startup
HQ: London, England, United Kingdom
Latest round: $3.1 million Seed
Total raised: $3.1 million
Tags: Consumer, personal finance, PFM, debit card, mobile, digital banking
Source: Crunchbase
Tagcash
Micropayments platform
HQ: Manila, Philippines
Latest round: $3 million Angel
Total raised: $3 million
Tags: Mobile payments
Source: Crunchbase
myCFO
Accounting and small-business financial management services
HQ:Mumbai, India
Latest round: $1.5 million Seed
Total raised: $1.5 million
Tags: Accounting, enterprise, advising, payables, receivables, cash management
Source: Crunchbase
Mobeam
Mobile reward redemption at the point-of-sale
HQ: Palo Alto, California
Latest round: $1 million
Total raised: $28 million
Tags: Mobile payments, rewards, card-linked offers, gift cards, POS, SMB, retailers, brick-and-mortar
Source: Crunchbase
Bayzat
Financial services comparison site
HQ: Dubai, UAE
Latest round: $1 million
Total raised: Unknown
Tags: Personal finance comparison, lead generation, consumer, insurance, loans, cards
Source: FT Partners
Payever
Ecommerce and payments platform
HQ: Hamburg, Germany
Latest round: $550,000
Total raised: $810,000
Tags: Payments, ecommerce
Source: Crunchbase
Tibdit
Online tipping and micropayments
HQ: Southwark, United Kingdom
Latest round: $190,000
Total raised: $300,000
Tags: Payments, micropayment, tips, publishing
Source: Crunchbase
Prometei
Predictive analytics for financial markets analysis
Latest round: $100,000 Seed
Total raised: $100,000
Tags: BI, enterprise, investing, financial advisers
Source: Crunchbase
LoanSolutions
Consumer loan discovery
HQ: Cebu, Philippines
Latest round: Undisclosed
Total raised: Unknown
Tags: Lending, lead generation, consumer
Source: Crunchbase
Moneytis
Digital platform for money exchange and remittances
HQ: Paris, France
Latest round: Undisclosed Angel
Total raised: Unknown
Tags: FX, remittances, transfers, payments, international remittances, blockchain
Source: Crunchbase