Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
Investment & Funding
Crypto lender BlockFi gets $52.5m investment
From Mike Novogratz’s investment firm, Galaxy Digital.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
Blockchain network Nervos nervelessly nets $28m funding
Backed by investors Polychain Capital and Sequoia China.
P2Binvestor allies with Amalgamated Bank for SME funding
New partnership. More deals. Bigger financing opportunities for small businesses.
Banco BNI Europa invests $30m in US consumer loans
Teams with Fintex and Upgrade for lending action.
FundAmerica acquired by Prime Trust
Blockchain-driven trust firm buys crowdfunding regtech company.
Velocity accelerator calls for wealthtech start-ups
The programme will last six months and start in October.
PayPal leads $50m funding round in PPRO
Citi Ventures and return investor HPE Growth Capital also participated
Insurtech Digital Risks feeling brisk with £2.25m funding
Firm offers a monthly subscription model for start-ups.
Gold-as-currency enabler Glint goes for £15m funding
UK-based start-up wants to shine in US and Japan.
Next Insurance next firm to receive $83m funding
As a national insurance carrier, the firm has big plans in the US.
Paytech firm ai Corporation secures $2.5m funding
Firm looks to expand its services in payments globally.
Index Ventures unleashes $1.7bn fund
London-based company looking for action in US and Europe.
Macro analytics firm Quant Insight feeling bright with funding
It has also expanded further into the US and Asia.
Canadian financial data firm Flinks fuels up with $1.75m funding
With Luge Capital making its first investment.
Planck Re yanks in $12m for insurance plans
Israeli insurtech offers AI-powered commercial underwriting services.
The changing face of the venture capitalist
Cryptocurrencies and blockchain have the potential to change the face of the venture capitalist.
Paysend gets $20m funding godsend
Led by MARCorp with help of existing investors.
Automation Anywhere scores $250m to globalise bot workforce
Its software robots can take over manual tasks such as insurance claims processing.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Andreessen Horowitz unleashes $300m crypto venture fund
It’s called a16z crypto and seeks to tap into the latest craze.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
Unison raises $40m to promote the American Dream
Homeownership and investment company unveils latest funding round.
Investment marketplace Newchip lands $2m in funding
Participants in round include JadeValue Fintech, Yeoman’s Capital and Polymath.
Biometrics firm Veridium touched by $150,000 grant
The grant is funded by the Bill and Melinda Gates Foundation.
P2Binvestor raises $17m to expand lending programme
To fund growth mostly for its new bank partnership programme.
Crypto firm Fantom menaces rivals with $40m funding
Will build directed acyclic graph-based smart contract platform.
US financial planner Grove gets groovy with $8m funding
It publicly launched four months ago.
SmartAsset scoops up $28m in new funding
Series C round takes company’s total equity capital to more than $51 million.
Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
AlphaPoint raises $15m in Series A funding round
The Series A round was led by Galaxy Digital Ventures.
RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
Famous faces bring funding to US insurtech Ethos
Robert Downey Jr. and Will Smith add a touch of glamour… and money.
Fintech funding round-up: 15 June 2018
USA! USA! Features Strangeworks, Eventador.io, SeriesX, Unchained Capital and ALTR.
Luge Capital goes huge with $75m fintech funding
Canadian VC fund looking at fintech, financial services and AI.
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Paytech firm Marqeta raises $45m from Iconiq Capital and Goldman Sachs
Bringing Marqeta’s total funding to $116 million.
