Swiss fintech KiWi gets $3m funding for SME lending and payments
To expand in Mexico and neighbouring markets.
Investment & Funding
Coinbase acquires API data enabler Blockspring
San Francisco-based start-up will still operate independently.
ScaleFactor secures $30m funding for back office automation
Texas-based accounting platform seeks expansion via “business OS”.
New investment for LendUp spurs credit card spin off
The US company will spin off its credit card business, Mission Lane, as a separate, stand-alone entity.
N26 plots delayed US launch with $300m funding
Mobile challenger bank is now valued at $2.7 billion.
BBVA leads $12m funding in paytech Grabango
Busy bank shows more interest in invisible payments.
LendingFront moves forward with $4m funding
Series A round led by Information Venture Partners.
White paper: Enabling information-driven financial services
Find out how to utilise data to increase revenue and reduce risk
Crypto data firm Nomics nabs $3m funding
Arthur Ventures leads the round with Coinbase participating.
ShopKeep closes $65m for small business financing leap
Brings US firm’s total funding to just over $72 million.
Motive Partners takes majority stake in Finantix
Private equity firm gets hold of digital services provider.
Plaid’s glad all over with $250m funding
US app provider now valued at a juicy $2.65 billion.
Data privacy provider Privitar picks up investment from Citi
UK firm plans to expand its US teams on the East Coast.
Digital security firm Trustology gets $8m funding
ConsenSys’ cybersecurity baby is doing well.
Banco Sabadell’s InnoCells moves on Mexico with UnDosTres investment
The bank’s corporate venture arm picks a paytech.
KKR leads $100m funding round in Cross River Bank
New Jersey-based bank plans expansion abroad.
Pindrop advances into smart devices with $90m funding
Phone-based fraud prevention company closes Series D round.
It’s on for paytech Switch’s $2m funding
Gets its largest round of funding to-date.
US tech watch: Gradifi, Numerated, Jibo, Corvus, Botkeeper
Boston bosses this one. A wave of cash for finance and insurance tech start-ups, and a robotic assistant goes dark.
Coinbase backs Flipside Crypto amid “healthy” currency selloff
The crash in digital currency values has tossed fuel on the already raging fire of skepticism.
Securitize supported by Coinbase and Ripple with $13m funding
Californian firm plans to build tokens out of securities.
Risk exchange CyberGRX raises $30m in funding
Series C round led by Scale Venture Partners.
Morgan Stanley’s $15m funding FX ups Integral
Foreign exchange tech provider looking for more banking and broker action.
Paytech Modo in good mood with $13m investment
Deutsche Bank-backed firm powers on with its interoperability intentions.
BBVA picks penguin-powered AI advisor with $9m funding
Bank’s Propel Venture Partners leads Series A in Charlie chatbot.
Plastiq gets $27m funding to its credit
US firm offers way to pay bills and business expenses by credit card.
Paytech Sezzle sizzles with $100m line of credit
Alternative e-commerce payment system is so hot right now.
Finleap takes a jump with €41.5m Ping An investment
To reach new tech firms and partners.
Wealthtech d1g1t likes digits with $7m funding boost
Two private investment rounds led by Purpose Financial.
Sabadell’s InnoCells invests $10m in Base10
Base10 is an investment fund for automation in financial software.
Automation Anywhere going somewhere with $300m funding from SoftBank
RPA firm gets support from SoftBank Vision Fund.
Revolut to get $500m boost from Softbank
To enable US expansion.
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
Lighter Capital increases funding limit to $3m
US firm will provide start-ups working capital in exchange for 2% to 8% of their business’ future revenue.
Bain Capital Ventures nets $1bn funding for new round of tech bets
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Quantexa goes on data adventure with Accenture
The investment comes with a tech collaboration.
Top fintech stories this week – 2 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Coinbase raises $300m, now valued at $8bn
In its largest round of funding to date, digital currency wallet Coinbase has closed a $300 million investment.
