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businessinsider.com August 16, 2018

German Fintech Deposit Solutions Raises $100M

Deposit Solutions has raised $100 million at a $500 million valuation. The German startup lets banks access capital from rival lenders in exchange for offering better interest rates to customers at the lender bank. The startup has signed up over 70 banks across Europe to its platform, and is backed by Silicon Valley investor Peter Thiel. LONDON -- A German fintech startup that lets people access the best interest rates from multiple banks without having to open up new accounts has raised $100 million to fuel its expansion.
Read by 74% of LPs

crowdfundinsider.com August 14, 2018

Canadian Fintech Progressa Secures $84M Through Latest Equity Funding Round Led By Canaccord Genuity & Gravitas

Crowdfund InsiderCanadian Fintech Progressa Secures $84 Million Through Latest Equity Funding Round Led By Canaccord Genuity ...Crowdfund InsiderProgressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it secured $84 million through its latest equity funding round, which was ...and more >>
Read by 68% of LPs

forbes.com August 14, 2018

Square And Metlife Watch Out: Two Fintech Startups Target $21T Markets

There are $1 trillion worth of SMB loans and $10 trillion in life insurance. Should established players in these markets be worried about two tiny startups? They should pay attention.
Read by 41% of LPs

benzinga.com August 10, 2018

Facebook, Inc. (nasdaq:fb), Goldman Sachs Group, Inc. (the) (nyse:gs) - Patron Of Fintechs: Surveying Goldman Sachs Growing Portfolio Of Tech Startups | Benzinga

As reported Tuesday this week, fintech startup Even Financial announced raising $18.8 million in Series A seed funding, a portion of which came from investment bank Goldman S read more.
Read by 73% of LPs

crowdfundinsider.com August 10, 2018

U.s. Fintech Even Opens New East Coast Headquarters In North Carolina After Securing More Than $40M In Series B Funding

Crowdfund InsiderUS Fintech Even Opens New East Coast Headquarters In North Carolina After Securing More Than $40 Million in ...Crowdfund InsiderHolistic financial health platform Even announced on Friday it has opened its new office in Raleigh, North Carolina. This news follows the company securing $40 million through its Series B funding round. Founded in 2014, Even describes itself as a ...
Read by 77% of LPs

fortune.com August 08, 2018

Fintech Frenzy: Hype Or Reality? A Closer Look At 6 Key Sectors

For eight years running, I've predicted that fintech investment is going to plateau. Based on the start of 2018, it hasn't yet. In fact, we saw more than $5.4 billion invested in fintech during the first quarter of the year, with no signs of slowing momentum. For perspective, fintech investment for all of 2014 was just under $4 billion, so that's "5x" growth in four years. In 2001, per data from Venture Scanner, it was something like $300 million. With that said, this whole "fintech" thing is kind of a charade.
Read by 32% of LPs

fortune.com August 08, 2018

Fintech Frenzy: Hype Or Reality? A Closer Look At 6 Key Sectors

A top venture capitalist grades the state of his industry--from payments to crypto. : For eight years running, I've predicted that fintech investment is going to plateau. Based on the start of 2018, it hasn't yet. In fact, we saw more than $5.4 billion invested in fintech during the first quarter of the year, with no signs of slowing momentum. For perspective, fintech investment for all of 2014 was just under $4 billion, so that's "5x" growth in four years. In 2001, per data from Venture Scanner, it was something like $300 million.
Read by 69% of LPs

businesswire.com August 08, 2018

Minnesota Fintech Company Clickswitch Raises $3.5m In Series A Financing

MINNEAPOLIS--(BUSINESS WIRE)--ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for a financial institution's new and existing account holders, completed $3.5 million in Series A venture. The investment round was led by Commerce Ventures, a leading early-stage, FinTech-focused firm, Betsy Cohen, founder of The Bancorp, Inc., Daniel Cohen, Chairman of The Bancorp, Inc. and Pete Kight, founder and former CEO of CheckFree Corp. Several Minneapolis-based.
Read by 80% of LPs

chinamoneynetwork.com August 08, 2018

Sinovation Ventures Leads $15m In Chinese Ai Start-up Ahi Fintech - China Money Network

Chinese venture capital firm Sinovation Ventures has led a RMB100 million (US$15 million) series A round in artificial intelligence-powered fintech start-up Ahi Fintech. Hillhouse Capital, Danhua Capital and Changfeng Zhiqing Investment also participated in the round, according to Ahi Fintech's announcement on its Wechat channel. Founded in 2017, the Beijing-based company provides enterprises with risk control and anti-fraud services based on artificial intelligence technology. The founding team is led by a Ph.D. graduated from the University of California at Berkeley, ... Sinovation Ventures Leads $15M In Chinese AI Start-Up Ahi Fintech appeared first on China Money Network.
Read by 67% of LPs

dealstreetasia.com August 08, 2018

Sinovation Ventures Leads $15m Series A In Chinese Ai Startup Ahi Fintech

Participators in this round include Hillhouse Capital, Danhua Capital and Changfeng Zhiqing Investment The post Sinovation Ventures leads $15m series A in Chinese AI startup Ahi Fintech appeared first on DealStreetAsia.
Read by 45% of LPs