For the most part, Fintech investors took a small breather this week. Other than the VCs sending a cool tenth-of-a-billion-dollars off to POS provider Revel Systems, the rest of the sector pulled in about $50 million.
Two of the 10 newly funded are Finovate alums:
- Austin, TX-based SimplyTapp attracted $6 million to expand its NFC mobile payment technology.
- FinanceIT secured an undisclosed investment from Toronto neighbor BEST Funds.
The deals from Nov 8 to Nov 13 in order of size:
Point-of-sale systems
Latest round: $100 million (of which $25 million is a credit line)
Total raised: $114 million
Tags: POS, acquiring, SMB, San Francisco, California
Source: Crunchbase
Gift card marketplace
Latest round: $18.1 million
Total raised: $21.7 million
Tags: Giftcards, loyalty, payments, Chicago, Illinois
Source: Crunchbase
Payment services for merchants
Latest round: $8.2 million
Total raised: $8.2 million
Tags: Credit/debit cards, acquiring, SMB, merchants, loyalty, Sunnyvale, California
Source: Crunchbase
French marketplace for short-term capital financing
Latest round: $7.5 million
Total raised: $7.6 millon
Tags: Lending, receivables, working capital, SMB, Paris, France
Source: Crunchbase
Digital payment processor
Latest round: $6 million
Total raised: $7.6 million
Tags: Credit/debit cards, acquiring, POS, SMB, NFC, Austin, Texas, Finovate alum
Source: FT Partners
Franchise financing marketplace
Latest round: $3.8 million
Total raised: $7.5 million
Tags: Credit, lending, underwriting, SMB, loans, investing, P2P, crowdfunding,
Source: Crunchbase
Digital payment processor
Latest round: $600,000
Total raised: $820,000
Tags: Credit/debit cards, acquiring, SMB, Kuopio, Finland
Source: Crunchbase
Customer financing at the retailer’s point of sale
Latest round: Undisclosed
Total funding: $21 million (not including latest round)
Tags: POS, lending, SMB, merchants, Toronto, Canada
Source: FT Partners
Payment solution for U.S. merchants to accept Chinese UnionPay cards
Latest round: Undisclosed
Total raised: Unknown
Tags: Credit cards, debit cards, acquiring, payment processing, Palo Alto, California
Source: Crunchbase
Indian digital payments layer
Latest round: Undisclosed (Series A)
Total funding: $500,000 (prior to latest funding)
Tags: Payments, social media, merchants, acquiring, Mumbai, India
Source: Crunchbase