It was a busy week as both Barclay’s Accelerator and YC announced their newly funded companies. In total, 19 companies announced new fundings bringing in a total of $181 million. Two of the top-3 deals involved Finovate alums with Ayadsi pulling in $55 million, Lendio $20.5 million, and Advanced Merchant Payments (undisclosed).
In addition, two Finovate alums were acquired at what appears to be profitable outcomes:
- Kofax was acquired by printing giant Lexmark for $1 billion (post)
- Learnvest was bought by mega-insurer Northwestern Mutual for a reported $250+ million (post)
Here are the fundings from March 21 to 27, in order of deal size:
LendingHome
Platform for investing in rental real estate
HQ: San Francisco, California
Latest round: $78 million
Total raised: $98 million
Tags: Home lending, mortgage, real estate
Source: Crunchbase
Ayadsi
Data analytics
HQ: Menlo Park, California
Latest round: $55 million
Total raised: $106.3 million
Tags: Big data, analytics, machine learning, Finovate alum
Source: Finovate
Lendio
Online small business lender
HQ: South Jordan, Utah
Latest round: $20.5 million
Total raised: $33 million (includes $2 million in debt)
Tags: SMB, lending, underwriting, credit, loans, Finovate alum
Source: Finovate
Property Partner
Platform for investing in rental real estate
HQ: London, UK
Latest round: $7.7 million
Total raised: $9.8 million
Tags: Real estate investing, marketplace lending, crowdfunding, P2P
Source: Crunchbase
Dream Payments
Canadian mobile payments startup
HQ: Toronto, Canada
Latest round: $6 million
Total raised: $6 million
Tags: Mobile payments, SMB, merchants
Source: FT Partners
SpotCap
Spanish small business online lender
Latest round: $5.4 million
Total raised: $21.9 million
Tags: SMB, lending, credit lines, underwriting
Source: Crunchbase
iAngels
Platform for startup capital fundraising
HQ: Tel Aviv, Israel
Latest round: $2.25 million
Total raised: $2.25 million
Tags: Investing, raising capital, equity investing, SMB
Source: FT Partners
Sensibill
Digital receipt platform
HQ: Toronto, Canada
Latest round: $2 million
Total raised: $2 million
Tags: Purchases, document management, mobile, SMB, PFM, accounting, expense management
Source: FT Partners
Fxkart
Foreign currency dealer aggregation
HQ: Bengaluru, India
Latest round: $2 million
Total raised: $2 million
Tags: Foreign exchange, remittances
Source: FT Partners
OpenGamma
Open platform for financial services risk management
HQ: London, UK
Latest round: $1.25 million
Total raised: $28.25 million
Tags: Compliance, risk, regulations, open source
Source: FT Partners
CityFalcon
News & information for traders
HQ: London, UK
Latest round: $300,000
Total raised: Unknown
Tags: Investing, information services
Source: Crunchbase
RazorPay
Stripe for India
HQ: Jaipur, India
Latest round: $120,000
Total raised: $120,000
Tags: Online payments, API, YC, acquiring, merchant, SMB
Source: Crunchbase
Stockfuse
Gaming platform to find trading & banking talent
Latest round: $118,000
Total raised: $118,000
Tags: Bitcoin, investing, virtual currency, cryptocurrency, Barclays accelerator
Source: Crunchbase
Origin (no URL)
Direct platform for issuing corporate bonds
Latest round: $118,000
Total raised: $118,000
Tags: Barclays accelerator, commercial banking, enterprise, debt
Source: Crunchbase
Safello
European bitcoin exchange
Latest round: $118,000
Total raised: $1.1 million
Tags: Bitcoin, investing, virtual currency, cryptocurrency, Barclays accelerator
Source: Crunchbase
LiquidLandscape
Data visualization for traders
Latest round: $118,000
Total raised: $118,000
Tags: Barclays accelerator, trading, analytics, big data
Source: Crunchbase
BlockTrace
Certifies ownership & transaction history of diamonds
HQ: London, UK
Latest round: $118,000
Total raised: $118,000
Tags: Blockchain, crypto, precious gems, alternative assets, Barclays accelerator
Source: Crunchbase
Self Lender
Helps consumers establish credit via small loans
HQ: Denver, Colorado
Latest round: $118,000
Total raised: $118,000
Tags: Lending, payday alternatives, underwriting, underbanked, sub-prime, credit score, TechStars
Source: Crunchbase
Advanced Merchant Payments
Technology solutions for small business lending
HQ: Hong Kong, China
Latest round: Undisclosed
Total raised: More than $5 million
Tags: SMB, underwriting, lending, Route 66 (investor), Finovate alum
Source: Finovate