The third quarter of 2013 revealed that even during the sleepy days of summer, the business of putting capital into the coffers of fintech innovators remained as busy as ever.
Finovate alumni were the beneficiaries of more than $171 million during July, August, and September. This brings the total year-to-date funding for Finovate alumni to at least $526 million (some of the funding amounts were undisclosed).
Here is the Q3 summary for 2013:
July — More than $63 million raised by eight companies
August — More than $26 million raised by six companies
September — $82 million raised by nine companies
- MyHero/TradeHero: $10 million — blog post
- Azimo: $1 million — blog post
- Lendio: $4.5 million — blog post
- Prosper Marketplace: $25 million — blog post
- P2B Investors: $1.2 million — blog post
- Wipit: $1.1 million — blog post
- Narrative Science: $11.5 million — news story
- Numbrs: $3.8 million — blog post
- Check: $24 million — blog post
Note: Fundings prior to a Finovate appearance not included. Questions? Comments? Email us at julie@finovate.com or david@finovate.com.