It was another stellar week in fintech fundings, simultaneously providing ammunition to those that think that private investments have peaked, while proving that it has not. The total included 2 Finovate alums: Bionym, which picked up $14 million and is scheduled to speak at FinDEVr next week and Taulia ($13 mil). Overall, the week saw 17 companies rack up a total of $242 million.
For the month of September, a total of $770 million went into the sector (or about $600 million if you don’t classify Radius ($55 million) or Strategic Funding Source ($110 million) as fintech companies). That’s a $10 billion annual run rate.
Radius
Data analytics (broader than just fintech, but has significant financial focus)
Data analytics (broader than just fintech, but has significant financial focus)
Latest round: $54.7 million
Total raised: $79 milliion
Tags: Big data, marketing, analytics, San Francisco, Finovate alum
Source: Crunchbase
Chinese mobile financial app developer
Latest round: $50 million
Total raised: $60 million
Tags: Mobile, China
Source: Crunchbase
Mobile SMB invoicing technology
Latest round: $35 million
Total raised: $35 million
Tags: SMB, mobile, accounting, invoicing, Sydney, Australia
Source: Crunchbase
German B2B payments provider
Latest round: $15 million
Total raised:
Tags: B2B, payments, Germany
Source: Crunchbase
Healthcare payments network
Latest round: $15 million
Total raised: $77 million
Tags: Payments, healthcare, insurance, Philadelphia, Pennsylvania
Source: FT Partners
Bionym (meet them at FinDEVR Oct 1)
Biometric authentication technology
Latest round: $14 million
Total raised: $15.4 million
Tags: Security, biometrics, authentication, Toronto, Canada
Source: Crunchbase
Brazilian mobile financial services and prepaid card
Latest round: $14 million
Total raised: $14 million
Tags: Mobile, PFM, prepaid card, MasterCard, Sao Paulo, Brazil
Source: Crunchbase
Cloud-based invoicing and payments for enterprises
Latest round: $13 million
Total raised: $76 million
Tags: Accounting, invoices, billpay, receivables, Finovate alum
Source: Crunchbase
Zero-commission stock trading
Latest round: $13 million
Total raised: $16 million
Tags: Investing, stocks, trading, Redwood City, California
Source: Crunchbase
Budgeting and forecasting software for SMBs
Latest round: $9.5 million
Total raised: $9.5 million
Tags: SMB, accounting, receivables, Natick, Massachusetts
Source: FT Partners
Malaysian personal finance services comparison site
Latest round: $4 million
Total raised: $6.5 million
Tags: personal finance, Malaysia
Source: Crunchbase
SMB supply-chain financing
Latest round: $2 million
Total raised: $2 million
Tags: Crowdfunding, working capital, SMB, P2P, lending, New York
Source: Crunchbase
OmnyPay (unknown URL)
Stealth payment startup
Latest round: $1.5 million
Total raised: $1.5 million
Tags: Payments, San Francisco, California
Source: Crunchbase
French mobile POS provider
Latest round: $1.2 million
Total raised: $1.8 million
Tags: mobile, payments, SMB, POS, Paris, France
Source: FT Partners
Real estate crowdfunding
Latest round: $800,000
Total raised: $1.5 million
Tags: P2P, lending, credit, real estate, mortgage, Portland, Oregon
Source: Crunchbase
Medical Payment Exchange (URL unknown)
Healthcare payments management for the enterprise
Latest round: Undisclosed
Total raised: Undisclosed
Tags: Healthcare, payments, insurance, Cleveland, Ohio
Source: FT Partners