Venture Capital

Nov
06

Big VC deals will delay Mexico’s first Fintech IPO

No need for startups to hurry into the public market when giants like SoftBank and General Atlantic are pumping in private capital. Investments in Mexican fintechs by large firms such as SoftBank and General Atlantic have added liquidity to the market and will likely delay the sector’s first initial public offering, two industry executives and […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Nov
06

P2P lender KoinWorks bags $1.4m from Japan’s Saison Capital

Indonesian peer-to-peer lending platform KoinWorks has received around US$1.4 million in additional funding from Saison Capital, the venture arm of Japanese financial services firm Credit Saison, as part of its series B round. The new funds bring KoinWorks’ total series B and B2 raise to about US$13.6 million. It raised US$12.2 million in June in […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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Nov
05

Amica Financial Technologies raises $24 million in funding

Amica Financial Technologies, an upcoming digital retail bank founded by Citrus Pay cofounder Jitendra Gupta, has received $24 million in its maiden funding round. The funding is backed by a long list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet, venture capital funds Matrix Partners and Sequoia Capital. Gupta, a former PayU […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Oct
30

Stockholm-based fintech startup Dreams raises €9 million to help millenials fulfill their financial ‘dreams’

Stockholm-based fintech startup Dreams has raised €9 million in a late seed round. The investor pool includes AXA Investment Managers (AXA IM), the Norwegian insurance company Storebrand, Finnish Ålandsbanken and a group of private investors. Dreams helps its users fulfill their financial goals through a user-friendly mobile app using behavioural science. Launched in 2016, Dreams’ key commercial […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
23

US FinTech West Creek nabs $150 mn from Pollen Street Capital

West Creek, a Virginia-based FinTech firm has raised $150 million from Pollen Street Capital, bringing the company’s total raised capital to $250 million. The company claims a revenue growth of over 4,400% since 2015 and expects to surpass $200 million by the end of 2019. West Creek plans to expand its point-of-sale (PoS) financing offering with […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
23

Luge Capital raises $85M to invest in Canadian fintech startups

There are 831 financial technology startups headquartered in or operating in Canada, according to data collected by Fintech Growth Syndicate, yet only a handful of venture capital funds specializing in the region and sector. Luge Capital, a fintech and AI-focused venture capital fund headquartered in Montreal and Toronto, is looking to close that gap. The […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Oct
22

Utrecht-based Rabo Frontier Ventures invests in UK fintech and banking company Tide

Rabo Frontier Ventures, Utrecht-based strategic investment venture fund, has invested in the mobile business platform Tide in a Series B investment round. This investment round was led by SBI Group and Augment. Notably, the RFV deal was structured through an SPV that is managed by Anthemis Group, a major early-stage investor in Tide and one […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Oct
22

How Crowdfunding is becoming regular investing

A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. Sure, that entrepreneur could take it to the web, asking people to make their own relatively small investments, but that was considered less than respectable – the […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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