December 13th Report: Top FinTech Funding Rounds

We begin this week with a small but impactful group of funding announcements. We ring in the holiday season with San Francisco-based Chime to the tune of $500M late-stage Series E. With this raise Chime takes the mantle of most valuable neobank in the world.

Another speedy unicorn in the bunch is Vroom, an online used-car marketplace for reconditioned vehicles. Despite a rocky road, the company continues to get mileage out of funding rounds with its $254M Series H. San-Francisco-based Figure has figured out how AI tech can help consumers tap equity and refinance loans. Surprisingly, the company recently raised $20M in a blockchain-driven security token offering, or STO for short. STOs are a hybrid between an initial coin offering (ICO) and IPO.

Our three Series As are here spreading good-natured cheer. Alternative asset investment marketplace Otis wants you to invest in a slice of culture. Ontario-based Delphia is converting everyone’s data into crowd-based profit for all. Starship wants to blast you off to the world of mobile health savings accounts.

This week’s secretive seed is Mexico City-based Prometeo, a platform of standardized banking APIs that allows users to work with banks in Latin America.

 

FEATURED ON THE NEWS

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FINTECH FUNDING ROUNDS

Name Funding Type Money Raised Lead Investor Announced
Series E $500,000,000 DST Global Dec 5, 2019
Series H $254,000,000 Durable Capital Dec 6, 2019
Series C $103,000,000 Morgan Creek Dec 5, 2019
Series A $11,000,000 Maveron Dec 10, 2019
Series A $10,000,000 Real Ventures Dec 4, 2019
Series A $7,000,000 Valar Ventures Dec 4, 2019
Seed -- LATINIA Dec 3, 2019
Source: Crunchbase


 
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