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Tax Day Turns to Funding Day for Some: LearnVest Raises $28 Million, The Currency Cloud Pulls in $10 Million

Most of us know April 15 as Tax Day, but for three Finovate alums, today is about a different flow of money than a tax return. Aside from Betterment’s announcement of its $32 million round (see our post from this morning), LearnVest pulled in $28 million in Series D funding, while The Currency Cloud garnered $10 million in Series B.


LearnVest, a personal financial management and planning platform and service
    • New funding: $28 million Series D
    • Investors: Northwestern Mutual Capital, Accel Partners, and American Express Ventures
    • Total Funding: $69 million
    • Founded: 2007
    • Headquarters: New York, NY

LearnVest will use the funding to boost hiring efforts at its Arizona-based Expert Hub and to scale its LearnVest at Work channel, which won Best of Show at FinovateFall 2013.

Check out its Best of Show-winning FinovateFall 2013 demo video:



The Currency Cloud, a company that powers international payments with its API that enables secure, global payments
    • New funding: $10 million
    • Investors: Atlas Venture, Anthem Venture Partners, Notion Capital, XAnge Private Equity, Silicon Valley Bank
    • Total funding: $17 million
    • Founded: 2012
    • Headquarters: London

The Currency Cloud will use the funding to expand its focus on the UK and Europe to a more international realm, specifically into the the U.S.

Check out The Currency Cloud’s demo from FinovateEurope 2014, where it debuted its new e-wallet functionality and user interface.