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Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 million) added to the bank accounts of 17 startups worldwide. The biggest pure-equity round went to Finovate-alum CoverHound, an insurance portal gaining favor with the VC community. There were several interesting acquisitions including French bank Credit Mutual Arkea paying a reported $56 Read more…
FinDEVr 2015 kicks off two weeks from today. Save your spot and join us in San Francisco, 6/7 October, for the premier event for fintech developers, engineers, and CTOs. FinDEVr returns to the Mission Bay Conference Center at the University of California San Francisco for two days of fast-paced, TED-style presentations. Leading technology companies will Read more…
The money-flow into fintech continued unabated this week with more than a half-billion ($557 million) raised by 24 companies. It was the eighth week this year that total fundings surpassed the $500-million mark. Year-to-date fintech firms have raised $13 billion. The total included one new alum, Praesidio, which will be presenting its security and fraud-control Read more…
Feeling sour on cybercurrencies? Coinalytics now has one million more reasons why you should be a blockchain—if not Bitcoin—believer. The Palo Alto-based blockchain-analytics specialist has raised $1.1 million in seed funding from The Hive. The Hive is an incubator that specializes in working with companies that develop technologies for “data-intensive enterprises.” And these days, when Read more…
After every Finovate, it’s always fun to re-visit the event through the insight and wit of our community of passionate fintech professionals on Twitter. And FinovateFall 2015 is no different. Surprise and excite our savvy family of more than 23,000 followers on Twitter with your demo, and the accolades will come early and often. On Read more…
The Best of Show votes for FinovateFall 2015 have been cast and counted! After two days and 70 live demos of the latest in fintech innovation, our attendees made their opinions known as to which companies earned “Best of Show” (see footnotes for voting methodology). This year at FinovateFall, it was the debuting companies that Read more…
This post is part of our live coverage of FinovateFall 2015. Blockstack.io is our next presenter here in the second session of the morning. The company is demonstrating how easy it is to start building an application on a private, hosted Blockstack. Within a few minutes, we are demonstrating the set up of a private Read more…
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, Read more…
On Finovate.com “FinovateFall 2015: Mapping Fintech’s International Neighborhood” Check out the final installment of FinovateFall Sneak Peeks: InforcePRO HelloWallet Dealflow.com Additiv Empyr Finanteq Hypori LiftForward Around the web Feedzai teams up with Socure to combine social biometrics with fraud-risk scoring. See Socure at FinovateFall 2015 in New York City next week. Moven CEO Brett King Read more…
This week’s touch of autumn rain here in the Pacific Northwest is a welcome reminder that—when fall is just around the corner—our annual NYC conference is just a couple weeks away. FinovateFall tickets are on sale now, so pick up yours while you still can and join the 1,500-person gathering in Manhattan, 16/17 September. To Read more…
Dundings cooled down a bit over the record-setting pace of early August. But 15 companies still raised almost $150 million ($146.6 million including $2.5 million in debt) this week. It was an especially lucrative week at the checkout counter in Europe as its two leading mPOS providers, iZettle ($67 million) and SumUp ($11.3 million), raised Read more…
Fintech funding records continue to fall. Last week was the record number of deals with 27. This week it was the biggest total dollars raised at $1.6 billion, from 27 companies again. The vast majority of the money ($1.5 billion) went to three online lenders (Sofi = $1 billion; Avant = $340 million; Dianrong = Read more…