FINTECH FUNDING NEWS
The latest funding deals and a few trends we're tracking. Ideas on what else would be helpful?
DECEMBER 31 REPORT
VENTURE FUNDING IN 2021
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Q1 FinTech Deals
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Q1 Capital Raised (M)
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Q2 FinTech Deals
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Q2 Capital Raised (M)
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Q3 FinTech Deals
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Q3 Capital Raised (M)
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Q4 FinTech Deals
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Q4 Capital Raised (M)
NORTH AMERICA ONLY
US FINTECH ECOSYSTEM IN 2021
LEADING SECTORS BY STATE
CALIFORNIA
- Blockchain/Crypto (14.1%)
- Lending (13.1%)
- Payments/Billing (12.5%)
NEW YORK
- Blockchain/Crypto (14.6%)
- Wealth Management (14.2%)
- Lending (12.6%)
MASSACHUSETTS
- InsurTech (31.7%)
- Payments/Billing (24.3%)
- Lending (9.7%)
InsurTech is on fire in every major FinTech ecosystem in the US.
Blockchain and crypto are going mainstream. Representing a large portion of NY deals thanks to Wealth and Capital markets solutions.
InsurTech represents a staggering 24% of the Massachusetts ecosystem in 2020 and even higher in Q1 2021.
Boston is giving Atlanta a run for it's payments dominance.
HOW TRENDS ARE EVOLVING [2021 vs 2020]
| 2020 | 2021 | Variation | |
|---|---|---|---|
| Lending | 7.53% (66) | 13.04% (136) | 5.51% ▲ |
| Blockchain/Crypto | 7.18% (63) | 14.09% (147) | 6.91% ▲ |
| InsurTech | 12.31% (108) | 13.52% (141) | 1.20% ▲ |
| Capital Markets | 9.46% (83) | 5.85% (61) | -3.62% ▼ |
| Mortgage/Real Estate | 7.53% (66) | 6.90% (72) | -0.62% ▼ |
| Core Technology | 7.07% (62) | 4.60% (48) | -2.47% ▼ |
A surge in Mortgage and Real Estate startups in 2020. Had to cool off eventually.
The crypto bull-market is driving entrepreneurs to the space. Typically dominated by the west coast.
Challenger banks continue to make headlines but flatlined from the year prior.
Anecdotally we're seeing unmet demand for Capital Markets focused startups.
RECENT DEALS
Period: 11/25/2021 - 12/07/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Headquarters | Announced | Hiring? |
|---|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of December 7, 2021 | |||||||
| Diamante Blockchain | Seed | $750,000 | Blockchain/Crypto | Wefunder | Lenexa, Kansas, United States | November 15, 2021 | |
| GlobeOne | Venture - Series Unknown | $2,700,975 | Digital Banking | -- | Santa Monica, California, United States | November 15, 2021 | |
| HyperLinq | Seed | -- | Blockchain/Crypto | Side Door Ventures | Kearny, New Jersey, United States | November 15, 2021 | |
| The Small Exchange | Venture - Series Unknown | $5,000,007 | Capital Markets | -- | Chicago, Illinois, United States | November 17, 2021 | |
| Zimbali Networks | Pre-Seed | -- | Blockchain/Crypto | Techstars | Menlo Park, California, United States | November 18, 2021 | |
| Lineage Financial Network | Venture - Series Unknown | $4,224,000 | Core Technology | -- | Franklin, Tennessee, United States | November 18, 2021 | |
| Houski | Pre-Seed | -- | Mortgage/Real estate | Connetic Ventures | Calgary, Alberta, Canada | November 19, 2021 | |
| Arbitency | Pre-Seed | $500,000 | Capital Markets | -- | Middletown, Delaware, United States | November 20, 2021 | |
| Slide | Series A | $100,000,000 | InsurTech | Gries Investment Funds | Tampa, Florida, United States | November 22, 2021 | |
| Veros Credit | Venture - Series Unknown | $39,594,787 | Lending | -- | Santa Ana, California, United States | November 22, 2021 | |
| Panther Protocol | Product Crowdfunding | $300,000 | Blockchain/Crypto | shaween chan | London, Kentucky, United States | November 23, 2021 | |
| Globalise | Seed | -- | Wealth Management | Whiteboard Capital | New York, New York, United States | November 24, 2021 | |
| Asset Direct | Seed | -- | Lending | SOSV | London, Ontario, Canada | November 24, 2021 | |
| Hummingbird | Venture - Series Unknown | $26,879,984 | Cyber/Fraud | -- | Walnut, California, United States | November 24, 2021 | |
| Vaiu Global Inc | Seed | -- | Money Transfer/Remittances | -- | Los Angeles, California, United States | November 24, 2021 | |
| GPARENCY | Seed | $14,800,000 | Mortgage/Real estate | -- | Howell, New Jersey, United States | November 26, 2021 | |
| Salsa | Seed | -- | Payments/Billing | Tim Griffin | Mountain View, California, United States | November 28, 2021 | |
| Tassat | Funding Round | $5,152,659 | Blockchain/Crypto | -- | New York, New York, United States | November 29, 2021 | |
| Fundbox | Series D | $100,000,000 | Lending | HOOPP | San Francisco, California, United States | November 30, 2021 | Job Openings |
| Algofi | Seed | $2,800,000 | Blockchain/Crypto | Union Square Ventures | New York, New York, United States | November 30, 2021 | |
| Groundswell | Seed | $15,000,000 | Personal Finance | GV | Los Angeles, California, United States | November 30, 2021 | |
| Agently.com | Pre-Seed | -- | Mortgage/Real estate | Iskra Ventures | San Jose, California, United States | November 30, 2021 | |
| Goalsetter | Series A | $15,000,000 | Digital Banking | Seae Ventures | New York, New York, United States | December 1, 2021 | |
| Anchor | Seed | $15,000,000 | Payments/Billing | Rapyd Ventures | New York, New York, United States | December 1, 2021 | |
| 24 Exchange | Series A | $14,250,000 | Capital Markets | Point72 Ventures | Hamilton, Montana, United States | December 1, 2021 | |
| Quavo | Series A | $6,000,000 | Cyber/Fraud | FINTOP Capital | Wilmington, Delaware, United States | December 1, 2021 | |
| Delos | Seed | $5,350,000 | InsurTech | IA Capital Group | San Francisco, California, United States | December 1, 2021 | |
| Clever Real Estate | Series B | $8,000,000 | Mortgage/Real estate | Cultivation Capital | St Louis, Missouri, United States | December 1, 2021 | |
| Charles Schwab | Series A | -- | Personal Finance | -- | San Francisco, California, United States | December 1, 2021 | |
| Saivy | Pre-Seed | -- | Mortgage/Real estate | -- | Miami, Florida, United States | December 1, 2021 | |
| DebtBook | Venture - Series Unknown | $2,000,000 | Business Intelligence | -- | Charlotte, North Carolina, United States | December 1, 2021 | |
| Stride Funding | Series A | $12,000,000 | Lending | Firework Ventures | Dallas, Texas, United States | December 2, 2021 | |
| Victor FI | Seed | $6,000,000 | Core Technology | MVB Edge Ventures | Fairmont, West Virginia, United States | December 2, 2021 | |
| Clarity AI | Venture - Series Unknown | $50,000,000 | Wealth Management | SoftBank Vision Fund | New York, New York, United States | December 2, 2021 | |
| Stacked | Series A | $35,000,000 | Blockchain/Crypto | Alameda Research | Chicago, Illinois, United States | December 5, 2021 | |
| Hometap | Venture - Series Unknown | $60,000,000 | Mortgage/Real estate | American Family Ventures | Boston, Massachusetts, United States | December 6, 2021 | Job Openings |
| Nearside | Series B | $58,000,000 | Digital Banking | Valar Ventures | San Francisco, California, United States | December 6, 2021 | |
| Bitcoin Well | Convertible Note | CAD 5,000,000 | Blockchain/Crypto | Aip Private Capital | Edmonton, Alberta, Canada | December 6, 2021 | |
| Emerging Impact | Venture - Series Unknown | $1,500,000 | Blockchain/Crypto | -- | Oakland, California, United States | December 6, 2021 | |
PREVIOUS REPORTS
NOVEMBER 24TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 11/05/2021 - 11/24/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of November 24, 2021 | ||||||
| Solidus Labs | Venture - Series Unknown | $15,000,000 | Blockchain/Crypto | Liberty City Ventures | November 5, 2021 | |
| FanTrade | Pre-Seed | $135,000 | Blockchain/Crypto | -- | November 5, 2021 | |
| Brightflow AI | Venture - Series Unknown | -- | Business Intelligence | -- | November 5, 2021 | |
| Staax | Pre-Seed | $1,500,000 | Personal Finance | Harlem Capital | November 5, 2021 | |
| SoleSafe | Pre-Seed | -- | InsurTech | Techstars | November 7, 2021 | |
| Notabene | Series A | $10,200,000 | Blockchain/Crypto | F-Prime Capital | November 8, 2021 | |
| Simplyk | Seed | $3,700,000 | Wealth Management | Ring Capital | November 8, 2021 | |
| Savvyy Studio | Seed | CAD5,700,000 | Lending | Joe Canavan | November 9, 2021 | |
| Get Covered | Series A | $7,000,000 | InsurTech | RET Ventures | November 9, 2021 | |
| M3 Mortgage Group | Funding Round | -- | Mortgage/Real estate | Caisse de Depot et Placement du Quebec | November 9, 2021 | |
| Raccord | Seed | $50,000 | Mortgage/Real estate | -- | November 9, 2021 | |
| Limit Financial | Venture - Series Unknown | $3,750,000 | InsurTech | -- | November 9, 2021 | |
| Dwelo | Series C | $100,000,000 | Wealth Management | Cox Communications | November 10, 2021 | |
| Wrapbook | Series B | $100,000,000 | InsurTech | Tiger Global Management | November 10, 2021 | |
| Payitoff | Seed | $8,500,000 | Core Technology | Lightspeed Venture Partners | November 10, 2021 | |
| Lendtable | Series A | $18,000,000 | Personal Finance | 01A | November 10, 2021 | |
| Zebec Protocol | Seed | $6,000,000 | Blockchain/Crypto | Breyer Capital | November 10, 2021 | |
| ComboCurve | Series A | -- | Business Intelligence | -- | November 10, 2021 | |
| Raistone | Funding Round | -- | Lending | -- | November 10, 2021 | |
| Almonds | Pre-Seed | $1,500,000 | Personal Finance | -- | November 10, 2021 | |
| Alt | Series B | $75,000,000 | Wealth Management | Spearhead | November 11, 2021 | |
| Atomic | Series A | $25,000,000 | Core Technology | QED Investors | November 11, 2021 | |
| CompStak | Series C | $50,000,000 | Business Intelligence | Morgan Stanley Expansion Capital | November 11, 2021 | |
| UNest | Series B | $26,000,000 | Wealth Management | The Artemis Fund | November 11, 2021 | |
| Databento | Series A | $24,250,000 | Business Intelligence | Good Growth Capital | November 12, 2021 | |
| Stonks Trading | Seed | $83,837 | Blockchain/Crypto | -- | November 12, 2021 | |
| SignalRank Corporation | Seed | $5,000,000 | Capital Markets | Candou Ventures | November 14, 2021 | |
| Imprint | Series A | $38,000,000 | Payments/Billing | Kleiner Perkins | November 15, 2021 | |
| Composer | Seed | CAD6,730,000 | Wealth Management | First Round Capital | November 15, 2021 | |
| Intelligo Group | Series B | $22,000,000 | Cyber/Fraud | Felicitas Global Partners | November 15, 2021 | |
| Karus | Venture - Series Unknown | $1,500,000 | Core Technology | StageDotO | November 15, 2021 | |
| FairPlayAI | Seed | $4,500,000 | Lending | Third Prime | November 15, 2021 | |
| Orderinbox | Seed | -- | Blockchain/Crypto | -- | November 15, 2021 | |
| Upgrade | Series F | $280,000,000 | Digital Banking | Coatue | November 16, 2021 | |
| DefenseStorm | Venture - Series Unknown | $5,000,000 | Cyber/Fraud | Curql | November 16, 2021 | |
| Steadily | Series A | $27,800,000 | InsurTech | Matrix Partners | November 16, 2021 | |
| PayZen | Series A | $15,000,000 | Payments/Billing | SignalFire | November 16, 2021 | |
| CaringWays | Series A | $2,500,000 | Personal Finance | Harpeth Capital | November 16, 2021 | |
| Fund That Flip | Series B | $20,000,000 | Lending | Proptech Capital | November 16, 2021 | |
| Settle | Series B | $60,000,000 | Payments/Billing | Ribbit Capital | November 17, 2021 | |
| Place | Series A | $100,000,000 | Mortgage/Real estate | Goldman Sachs Asset Management | November 17, 2021 | |
| Yieldstreet | Series C | $50,000,000 | Wealth Management | Mayfair Equity Partners | November 17, 2021 | |
| PACE Loan Group | Venture - Series Unknown | -- | Lending | CarVal Investors | November 17, 2021 | |
| PesaChoice | Seed | -- | Payments/Billing | Norrsken Foundation | November 17, 2021 | |
| Upside Financing | Seed | $10,500,000 | Lending | M13 | November 17, 2021 | |
| Cypher | Seed | $2,100,000 | Blockchain/Crypto | SkyVision Capital | November 18, 2021 | |
| Kettle | Series A | $25,000,000 | InsurTech | Acrew Capital | November 18, 2021 | |
| Gemini | Series A | $400,000,000 | Blockchain/Crypto | Morgan Creek Digital | November 18, 2021 | |
| Aloft Appraisal | Series A | $20,000,000 | Mortgage/Real estate | Fifth Wall | November 18, 2021 | |
| Doorvest | Series A | $14,000,000 | Mortgage/Real estate | M13 | November 18, 2021 | |
| Digital Prime Technologies | Venture - Series Unknown | -- | Lending | Cowen Group | November 18, 2021 | |
| Sudrania Fund Services | Convertible Note | -- | Wealth Management | Woodstock Fund | November 18, 2021 | |
| Paperstack | Pre-Seed | $120,000 | Business Intelligence | Techstars | November 18, 2021 | |
| Stoa DBA FlipOS | Series B | $136,000,000 | Blockchain/Crypto | Cantor Fitzgerald | November 18, 2021 | |
| Warren Averett Asset Management | Venture - Series Unknown | -- | Wealth Management | Wealth Partners Capital Group | November 18, 2021 | |
| Up&Up | Venture - Series Unknown | $275,000,000 | Mortgage/Real estate | Khosla Ventures | November 19, 2021 | |
| EarlyBird | Seed | $4,000,000 | Wealth Management | Seven Seven Six | November 22, 2021 | |
| Swan Bitcoin | Series A | $6,000,000 | Blockchain/Crypto | Mimesis Capital | November 22, 2021 | |
| FINTRX | Series A | $9,000,000 | Business Intelligence | -- | November 22, 2021 | |
| 3i | Seed | $3,000,000 | Business Intelligence | -- | November 22, 2021 | |
OCTOBER 27TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 10/14/2021 - 10/27/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of October 27, 2021 | ||||||
| MoonPay | Venture - Series Unknown | $400,000,000 | Blockchain/Crypto | Coatue | October 11, 2021 | |
| Arnie | Seed | -- | Wealth Management | Globivest | October 11, 2021 | |
| Suma Wealth | Pre-Seed | $2,000,000 | Personal Finance | Samara Hernandez | October 12, 2021 | |
| Trumid | Venture - Series Unknown | $208,000,000 | Capital Markets | Point Break Capital Management | October 12, 2021 | |
| Atomic FI | Series A | $22,000,000 | Payments/Billing | Core Innovation Capital | October 12, 2021 | |
| Halo Investing | Series C | $100,000,000 | Wealth Management | Owl Ventures | October 12, 2021 | |
| Bolt | Series D | $393,000,000 | Payments/Billing | Tribe Capital | October 12, 2021 | |
| SmartFi | Initial Coin Offering | $10,000,000 | Blockchain/Crypto | -- | October 12, 2021 | |
| Pomelo | Seed | $5,000,000 | Money Transfer/Remittances | Xfund | October 12, 2021 | |
| PatientPay Inc. | Venture - Series Unknown | $12,172,604 | Payments/Billing | -- | October 12, 2021 | |
| Honely | Seed | -- | Mortgage/Real estate | -- | October 12, 2021 | |
| Beacon Platform | Series C | $56,000,000 | Core Technology | Warburg Pincus | October 13, 2021 | |
| Lively | Series C | $80,000,000 | Personal Finance | B Capital Group | October 13, 2021 | |
| Clari | Series E | -- | Business Intelligence | HubSpot Ventures | October 13, 2021 | |
| Upsurance | Seed | $548,353 | InsurTech | -- | October 13, 2021 | |
| Tala | Series E | $145,000,000 | Business Intelligence | Upstart | October 14, 2021 | |
| Payday | Pre-Seed | $1,000,000 | Payments/Billing | Emergence Capital | October 14, 2021 | |
| MagicCube | Series C | $15,000,000 | Cyber/Fraud | Mosaik Partners | October 14, 2021 | |
| YieldX | Venture - Series Unknown | $16,997,221 | Wealth Management | -- | October 14, 2021 | |
| Pagos Solutions | Seed | $10,000,000 | Payments/Billing | Point72 Ventures | October 15, 2021 | |
| Finotta | Seed | $3,000,000 | Core Technology | -- | October 15, 2021 | |
| Deel | Series D | $425,000,000 | Payments/Billing | Coatue | October 18, 2021 | |
| Traive | Series A | $17,000,000 | Lending | SP Ventures | October 18, 2021 | |
| Element Finance | Series A | $32,000,000 | Blockchain/Crypto | Polychain | October 19, 2021 | |
| Republic | Series B | $150,000,000 | Wealth Management | Valor Equity Partners | October 19, 2021 | |
| Clyde | Series B | $41,000,000 | InsurTech | Headline | October 19, 2021 | |
| Sublime Finance | Seed | $2,500,000 | Blockchain/Crypto | Galaxy Digital | October 19, 2021 | |
| Verivend | Seed | $2,500,000 | Payments/Billing | Ashok Subramanian | October 19, 2021 | |
| noonum | Venture - Series Unknown | -- | Business Intelligence | Credem Banca | October 19, 2021 | |
| Embed | Series A | ALL 20,000,000 | Core Technology | TriplePoint Capital | October 20, 2021 | |
| UpEquity | Series B | $20,000,000 | Mortgage/Real estate | S3 Ventures | October 20, 2021 | |
| Fraction | Series A | CAD 20,000,000 | Lending | QED Investors | October 20, 2021 | |
| Volante Technologies | Funding Round | $10,000,000 | Core Technology | Wells Fargo Strategic Capital | October 20, 2021 | |
| SMBX | Seed | $11,500,000 | Capital Markets | Group 11 | October 20, 2021 | |
| Ando Money | Seed | $6,000,000 | Digital Banking | TTV Capital | October 21, 2021 | |
| Plum Life | Seed | $2,450,000 | InsurTech | Sonostar Ventures | October 21, 2021 | |
| Pocketed | Seed | CAD 1,000,000 | Business Intelligence | WUTIF | October 21, 2021 | |
| Audit Sight | Seed | $2,500,000 | Business Intelligence | Hyde Park Venture Partners | October 22, 2021 | |
| Citcon | Series C | $30,000,000 | Payments/Billing | Norwest Venture Partners | October 22, 2021 | |
| Brex | Venture - Series Unknown | $300,000,000 | Lending | Greenoaks Capital | October 22, 2021 | |
| dreamr | Venture - Series Unknown | $2,000,000 | Blockchain/Crypto | -- | October 22, 2021 | |
| Button Finance | Seed | $2,000,000 | Lending | Hildene | October 25, 2021 | |
| Sana Benefits | Series A | $20,000,000 | InsurTech | Gigafund | October 25, 2021 | |
| Tip a ScRxipt | Seed | $500,000 | Payments/Billing | Gateway Capital Partners | October 25, 2021 | |
| Anomaly | Series A | $12,000,000 | Payments/Billing | RRE Ventures | October 26, 2021 | |
OCTOBER 13TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 09/29/2021 - 10/13/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of October 13, 2021 | ||||||
| Sundayapp | Series A | -- | Payments/Billing | Coatue | September 22, 2021 | |
| Dash | Venture - Series Unknown | $5,524,656 | Payments/Billing | -- | September 22, 2021 | |
| Salucro Healthcare Solutions | Venture - Series Unknown | $21,061,965 | Payments/Billing | -- | September 22, 2021 | |
| Cover Genius | Series C | AUD 100,000,000 | InsurTech | Sompo Holdings | September 27, 2021 | |
| Energetic Insurance | Series A | $6,999,994 | Lending | Schneider Electric | September 27, 2021 | |
| Highnote | Series A | $54,000,000 | Core Technology | Costanoa Ventures | September 28, 2021 | |
| Coalition | Series E | $205,000,000 | InsurTech | Durable Capital Partners | September 28, 2021 | |
| Rize | Series A | $11,400,000 | Core Technology | Morpheus Ventures | September 28, 2021 | |
| Sureify | Series C | $15,000,000 | InsurTech | Aspen Capital Group | September 28, 2021 | |
| Buckle | Series B | $60,000,000 | InsurTech | Volery Capital Partners | September 29, 2021 | |
| Betterment | Series F | $60,000,000 | Wealth Management | Treasury | September 29, 2021 | |
| Prometheus Alternative Investments | Seed | $5,000,000 | Capital Markets | 8VC | September 29, 2021 | |
| EquityBee | Series B | $55,000,000 | Capital Markets | Group 11 | September 29, 2021 | |
| Benepass | Series A | $12,034,999 | Personal Finance | Threshold | September 29, 2021 | |
| Built Technologies | Series D | $125,000,000 | Lending | TCV | September 30, 2021 | |
| Zero Hash | Series C | $35,000,000 | Blockchain/Crypto | Point72 Ventures | September 30, 2021 | |
| Alloy | Series C | $100,000,000 | Cyber/Fraud | Lightspeed Venture Partners | September 30, 2021 | |
| Homee | Series B | $17,000,000 | InsurTech | Morningside Group | September 30, 2021 | |
| Loop | Series A | $21,000,000 | InsurTech | 01A | September 30, 2021 | |
| inKind | Seed | $2,433,178 | Lending | -- | October 1, 2021 | |
| Autocorp | Pre-Seed | -- | Lending | -- | October 1, 2021 | |
| Moby | Pre-Seed | $1,250,000 | Wealth Management | -- | October 2, 2021 | |
| Bitwage | Venture - Series Unknown | $1,500,000 | Payments/Billing | Heisenberg Capital | October 3, 2021 | |
| Ladder | Series D | $100,000,000 | InsurTech | Thomvest Ventures | October 4, 2021 | |
| Financial Choice | Pre-Seed | -- | Personal Finance | Global Millennial Capital | October 4, 2021 | |
| Crypto Bank | Initial Coin Offering | -- | Blockchain/Crypto | -- | October 4, 2021 | |
| Masterworks | Series A | $110,000,000 | Blockchain/Crypto | Left Lane Capital | October 5, 2021 | |
| Sure | Series C | $100,000,000 | InsurTech | Declaration Partners | October 5, 2021 | |
| Insurate | Seed | $4,500,000 | InsurTech | HSCM Ventures | October 5, 2021 | |
| VOOM Insurance | Series B | $15,000,000 | InsurTech | JAL Ventures | October 5, 2021 | |
| Hopscotch | Seed | $3,600,000 | Payments/Billing | NOEMIS Ventures | October 5, 2021 | |
| Cover Whale | Seed | $15,500,000 | InsurTech | -- | October 5, 2021 | |
| Copper Banking | Seed | $9,000,000 | Digital Banking | PSL Ventures | October 6, 2021 | |
| Bitmama | Pre-Seed | $350,000 | Blockchain/Crypto | Flori Ventures | October 6, 2021 | |
| Modern Treasury | Series C | $85,000,000 | Payments/Billing | Altimeter Capital | October 6, 2021 | |
| MerQube | Series A | $5,000,000 | Business Intelligence | JP Morgan | October 6, 2021 | |
| vig.io | Seed | $1,500,000 | Wealth Management | -- | October 6, 2021 | |
| Flahmingo | Pre-Seed | CAD 1,880,000 | Wealth Management | -- | October 6, 2021 | |
| Tinyman | Seed | $2,500,000 | Blockchain/Crypto | Borderless Capital | October 7, 2021 | |
| Playbook | Seed | $5,600,000 | Personal Finance | Atomic | October 7, 2021 | |
| APER | Venture - Series Unknown | $15,614,851 | Core Technology | -- | October 7, 2021 | |
| Productfy | Series A | $16,000,000 | Core Technology | CM Ventures | October 8, 2021 | |
| Perch | Seed | CAD 1,000,000 | Mortgage/Real estate | -- | October 8, 2021 | |
| Quanta Credit Services | Seed | $1,975,000 | Lending | -- | October 8, 2021 | |
| Transactly | Series A | $4,000,000 | Mortgage/Real estate | Hermann Companies | October 8, 2021 | |
SEPTEMBER 29TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 09/14/2021 - 09/28/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of September 28, 2021 | ||||||
| Melio | Series D | $250,000,000 | Payments/Billing | Thrive Capital | September 14, 2021 | |
| SellersFunding | Series A | $166,500,000 | Lending | Northzone | September 14, 2021 | |
| Sayari Labs | Series C | $40,000,000 | Business Intelligence | Centana Growth Partners | September 14, 2021 | |
| Ribbon Home | Series C | $150,000,000 | Mortgage/Real estate | Greenspring Associates | September 14, 2021 | |
| dTrade | Venture - Series Unknown | $22,800,000 | Blockchain/Crypto | Polychain | September 14, 2021 | |
| BriteCore | Series C | $20,000,000 | InsurTech | Warburg Pincus | September 14, 2021 | |
| CollateralEdge | Seed | $3,500,000 | Lending | Joshua Baer | September 14, 2021 | |
| Inveniam Capital Partners | Series A | $25,000,000 | Capital Markets | Apex Group | September 14, 2021 | |
| TrustServe | Seed | $1,577,500 | RegTech | -- | September 14, 2021 | |
| Abra | Series C | $55,000,000 | Blockchain/Crypto | Blockchain Capital | September 15, 2021 | |
| Neo Financial | Series B | CAD 64,000,000 | Personal Finance | Valar Ventures | September 15, 2021 | |
| TomoCredit | Series A | $10,000,000 | Lending | Kapor Capital | September 15, 2021 | |
| Persona | Series C | $150,000,000 | RegTech | Founders Fund | September 15, 2021 | |
| Ascend | Seed | $5,500,000 | Payments/Billing | First Round Capital | September 15, 2021 | |
| Landed | Series B | $31,000,000 | Lending | Navitas Capital | September 15, 2021 | |
| Chargezoom | Seed | $2,000,000 | Payments/Billing | Okapi Venture Capital | September 15, 2021 | |
| Sequin | Seed | $5,700,000 | Lending | Y Combinator | September 15, 2021 | |
| Steamchain Corp | Seed | -- | Payments/Billing | The Batchery | September 15, 2021 | |
| TruCard | Seed | -- | Blockchain/Crypto | The Batchery | September 15, 2021 | |
| Self Financial | Series E | $50,000,000 | Lending | Altos Ventures | September 16, 2021 | |
| Bright Money | Series A | $31,000,000 | Digital Banking | Sequoia Capital | September 16, 2021 | |
| Concreit | Seed | $6,000,000 | Mortgage/Real estate | Matrix Partners | September 16, 2021 | |
| Foxquilt | Series A | $8,000,000 | InsurTech | Luge Capital | September 16, 2021 | |
| Ava Labs | Initial Coin Offering | $230,000,000 | Blockchain/Crypto | Polychain | September 16, 2021 | |
| Collectly | Venture - Series Unknown | $3,000,000 | Payments/Billing | TMT Investments | September 16, 2021 | |
| Glazd | Angel | $500,000 | InsurTech | -- | September 16, 2021 | |
| Clever Real Estate | Venture - Series Unknown | $4,844,927 | Mortgage/Real estate | -- | September 17, 2021 | |
| Stere.io | Seed | $849,999 | InsurTech | -- | September 17, 2021 | |
| Slope | Venture - Series Unknown | $78,775,000 | Lending | -- | September 17, 2021 | |
| Ripio | Series B | $50,000,000 | Blockchain/Crypto | Digital Currency Group | September 20, 2021 | |
| Prim6 | Pre-Seed | $115,000 | Blockchain/Crypto | -- | September 20, 2021 | |
| Bilt Rewards | Seed | $60,000,000 | Personal Finance | Kairos | September 21, 2021 | |
| DoorLoop | Seed | $10,000,000 | Mortgage/Real estate | David Bitton | September 21, 2021 | |
| Ocrolus | Series C | $80,000,000 | Business Intelligence | Fin Venture Capital | September 22, 2021 | |
| Steward | Series A | $8,800,000 | Capital Markets | Ponderosa Ventures | September 22, 2021 | |
| Arthur Mining | Seed | $2,000,000 | Blockchain/Crypto | Green Rock | September 22, 2021 | |
| Boxx Insurance | Series A | CAD 12,700,000 | InsurTech | SixThirty | September 22, 2021 | |
| InvestX Capital | Venture - Series Unknown | -- | Capital Markets | Virtu Financial | September 22, 2021 | |
| Convictional | Series A | $6,700,000 | Business Intelligence | Lachy Groom | September 23, 2021 | |
| Rand Network | Pre-Seed | EUR 850,000 | Personal Finance | JME Ventures | September 23, 2021 | |
| Awning | Seed | $9,300,000 | Wealth Management | Global Founders Capital | September 23, 2021 | |
| Grape Network | Seed | $1,200,000 | Blockchain/Crypto | Multicoin Capital | September 23, 2021 | |
| Yellow Card | Series A | $15,000,000 | Blockchain/Crypto | Valar Ventures | September 26, 2021 | |
SEPTEMBER 15TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 09/01/2021 - 09/14/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of September 14, 2021 | ||||||
| qolo | Series A | $15,000,000 | Payments/Billing | Raptor Group | August 25, 2021 | |
| Anzen | Seed | $5,113,062 | InsurTech | -- | August 25, 2021 | |
| Mobilum | Seed | $611,148 | Blockchain/Crypto | -- | August 26, 2021 | |
| Credit Genie | Venture - Series Unknown | $6,869,999 | Personal Finance | -- | August 26, 2021 | |
| SideAssure | Venture - Series Unknown | $1,525,000 | Cyber/Fraud | -- | August 27, 2021 | |
| Parallel Finance | Series A | $22,000,000 | Blockchain/Crypto | Polychain | August 30, 2021 | |
| Handle Financial | Venture - Series Unknown | $22,809,984 | Payments/Billing | -- | August 30, 2021 | |
| Hum Capital | Series A | $9,000,000 | Lending | Future Ventures | August 31, 2021 | |
| ClickLease | Series A | $63,000,000 | Lending | Sandlot Partners | August 31, 2021 | |
| Skeps | Series A | $9,500,000 | Lending | Bertelsmann India Investments | August 31, 2021 | |
| ML Tech | Seed | $1,750,000 | Blockchain/Crypto | West Loop Ventures | August 31, 2021 | |
| Trust Science | Series A | $2,000,000 | Lending | -- | August 31, 2021 | |
| Creativemass | Series B | $16,000,000 | Wealth Management | -- | August 31, 2021 | |
| VIVA Finance | Series A | $6,200,000 | Lending | -- | August 31, 2021 | |
| Direct Commerce | Venture - Series Unknown | $5,000,000 | Payments/Billing | -- | August 31, 2021 | |
| Vic.ai | Series B | $50,000,000 | Business Intelligence | ICONIQ Capital | September 1, 2021 | |
| SIMBA Chain | Series A | $25,000,000 | Blockchain/Crypto | Valley Capital Partners | September 1, 2021 | |
| Blueprint Title | Series B | $16,000,000 | InsurTech | Forté Ventures | September 1, 2021 | |
| GoodCall.com | Seed | $4,000,000 | Personal Finance | VSC Ventures | September 1, 2021 | |
| Optherium Labs | Venture - Series Unknown | -- | Core Technology | Ireth | September 1, 2021 | |
| Irwin | Series A | $20,000,000 | Capital Markets | K1 Investment Management | September 8, 2021 | |
| Feedzai | Venture - Series Unknown | -- | Cyber/Fraud | Conexo Ventures | September 1, 2021 | |
| Jeeves | Series B | $57,000,000 | Lending | CRV | September 2, 2021 | |
| Shepherd | Seed | $6,150,000 | InsurTech | Spark Capital | September 2, 2021 | |
| HomeLight | Series D | $100,000,000 | Mortgage/Real estate | Zeev Ventures | September 2, 2021 | |
| Point Card | Series B | $46,500,000 | Digital Banking | Valar Ventures | September 2, 2021 | |
| Horizon Investments | Funding Round | -- | Wealth Management | Altamont Capital Partners | September 2, 2021 | |
| Rebel Dividends | Seed | $600,000 | Blockchain/Crypto | -- | September 2, 2021 | |
| Kalepa | Series A | $14,000,000 | InsurTech | Inspired Capital Partners | September 3, 2021 | |
| Chek | Seed | -- | Payments/Billing | Dimitri Alexiou | September 3, 2021 | |
| A.ID | Pre-Seed | $500,000 | Cyber/Fraud | Scott Friedman | September 6, 2021 | |
| dash.fi | Seed | $3,200,000 | Lending | Mucker Capital | September 6, 2021 | |
| Jetty | Venture - Series Unknown | $23,000,000 | Mortgage/Real estate | Flourish Ventures | September 7, 2021 | |
| HoneyBee | Series A | $5,700,000 | Personal Finance | ff Venture Capital | September 7, 2021 | |
| AKRU | Seed | $2,000,000 | Blockchain/Crypto | Milwaukee Venture Partners | September 7, 2021 | |
| Eventus Systems | Series B | $30,000,000 | RegTech | Centana Growth Partners | September 8, 2021 | |
| Income Lab | Seed | $1,700,000 | Wealth Management | Robert Pinkerton | September 8, 2021 | |
| Varo Bank | Series E | $510,000,000 | Digital Banking | Lone Pine Capital | September 9, 2021 | |
| Nuula | Venture - Series Unknown | $20,000,000 | Business Intelligence | Edison Partners | September 9, 2021 | |
| Orchard | Series D | $100,000,000 | Mortgage/Real estate | Accomplice | September 9, 2021 | |
| Wisetack | Series B | $45,000,000 | Lending | Insight Partners | September 9, 2021 | |
| Canoe | Series A | -- | Wealth Management | Blackstone Group | September 9, 2021 | |
| Tricolor Holdings | Convertible Note | $90,000,000 | Lending | BlackRock Innovation Capital | September 9, 2021 | |
| Vouch Insurance | Series F | $90,000,000 | InsurTech | SVB Capital | September 10, 2021 | |
| MaxRewards | Seed | $3,000,000 | Personal Finance | Calano Funds | September 10, 2021 | |
| Maroo | Seed | $3,000,000 | Lending | -- | September 10, 2021 | |
| cmorq | Seed | $1,750,000 | Blockchain/Crypto | -- | September 12, 2021 | |
| Recur | Series A | $50,000,000 | Blockchain/Crypto | DIGITAL | September 13, 2021 | |
| SpotOn | Series E | $300,000,000 | Payments/Billing | Andreessen Horowitz | September 13, 2021 | |
| Amberdata | Series A | $15,000,000 | Blockchain/Crypto | Citi | September 14, 2021 | |
| Sproutt Insurance | Series B | $26,000,000 | InsurTech | MoreTech Ventures | September 14, 2021 | |
| Grow Credit | Seed | $106,300,000 | Lending | Arena Investors | September 14, 2021 | |
| Sellers Shield | Series A | $15,000,000 | Mortgage/Real estate | Elsewhere Partners | September 14, 2021 | |
| Pacaso | Series C | $125,000,000 | Mortgage/Real estate | SoftBank Vision Fund | September 14, 2021 | |
SEPTEMBER 1ST REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 08/19/2021 - 08/31/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of August 31, 2021 | ||||||
| First Boulevard | Series A | $15,000,000 | Digital Banking | -- | August 12, 2021 | |
| Carta | Series G | $500,000,000 | Capital Markets | Silver Lake | August 13, 2021 | |
| Sydecar | Venture - Series Unknown | $8,207,864 | Wealth Management | -- | August 13, 2021 | |
| Sequoir | Seed | $1,100,000 | Blockchain/Crypto | -- | August 13, 2021 | |
| Phyllo | Seed | $2,750,000 | Core Technology | Nexus Venture Partners | August 15, 2021 | |
| Allio Fintech | Seed | $5,000,000 | Wealth Management | -- | August 16, 2021 | |
| Pngme | Series A | $15,000,000 | Core Technology | Octopus Ventures | August 17, 2021 | |
| CertiK | Series B | $24,000,000 | Blockchain/Crypto | Tiger Global Management | August 17, 2021 | |
| Ondo Finance | Seed | $4,000,000 | Blockchain/Crypto | Pantera Capital | August 17, 2021 | |
| TrustLayer | Series A | $15,100,000 | InsurTech | Craft Ventures | August 17, 2021 | |
| Billger Genie | Seed | $3,500,000 | Payments/Billing | Henry Helgeson | August 17, 2021 | |
| 401GO | Seed | $2,000,000 | Wealth Management | Impression Ventures | August 17, 2021 | |
| Asa Technologies, Corporation | Seed | $1,800,000 | Core Technology | CFV Ventures | August 17, 2021 | |
| MobileCoin | Series B | $66,000,000 | Blockchain/Crypto | Coinbase Ventures | August 18, 2021 | |
| Highstreet | Venture - Series Unknown | $5,000,000 | Blockchain/Crypto | Cherubic Ventures | August 18, 2021 | |
| One | Series B | $40,000,000 | Personal Finance | Progressive Investment Company | August 18, 2021 | |
| Reali | Series B | $75,000,000 | Mortgage/Real estate | Zeev Ventures | August 18, 2021 | |
| Candor Technology | Series A | $12,500,000 | Lending | Arthur Ventures | August 18, 2021 | |
| PayEngine | Seed | $1,600,000 | Payments/Billing | Mucker Capital | August 18, 2021 | |
| jaris | Series B | $31,000,000 | Core Technology | GSR Ventures | August 18, 2021 | |
| Rocket Dollar | Series A | -- | Wealth Management | Global Millennial Capital | August 18, 2021 | |
| DigiSure | Seed | $13,100,000 | InsurTech | Morado Ventures | August 19, 2021 | |
| Fractional | Seed | $1,100,000 | Blockchain/Crypto | Divergence Ventures | August 19, 2021 | |
| Regology | Series A | $8,000,000 | RegTech | ACME Capital | August 19, 2021 | |
| HEXANIKA | Equity Crowdfunding | $63,234 | RegTech | -- | August 19, 2021 | |
| Vera | Seed | $3,000,000 | Blockchain/Crypto | Animoca Brands | August 19, 2021 | |
| DriveWealth | Series D | $450,000,000 | Capital Markets | Insight Partners | August 20, 2021 | |
| Treasure Financial | Seed | $3,500,000 | Business Intelligence | Jump Capital | August 21, 2021 | |
| CapShift | Series A | $5,000,000 | Wealth Management | Bain Capital | August 23, 2021 | |
| Pry Financials | Seed | $4,200,000 | Business Intelligence | Global Founders Capital | August 23, 2021 | |
| Koop Technologies | Seed | $2,500,000 | InsurTech | Ubiquity Ventures | August 23, 2021 | |
| Home Lending Pal | Seed | $2,200,000 | Mortgage/Real estate | The Mortgage Collaborative | August 23, 2021 | |
| Facta | Seed | -- | Core Technology | Jonathan Weiner | August 23, 2021 | |
| Ramp | Series C | $300,000,000 | Lending | Founders Fund | August 24, 2021 | |
| Blockstream | Series B | $210,000,000 | Blockchain/Crypto | Bitfinex | August 24, 2021 | |
| Vouched | Venture - Series Unknown | $4,500,000 | Cyber/Fraud | Darrell Cavens | August 24, 2021 | |
| Finexio | Venture - Series Unknown | $8,000,000 | Payments/Billing | Patriot Financial Partners | August 25, 2021 | |
| Sayata | Series A | $17,000,000 | InsurTech | Team8 Capital | August 25, 2021 | |
| Aumni | Series B | $50,000,000 | Capital Markets | JP Morgan | August 26, 2021 | |
| Dealer Policy | Series C | $110,000,000 | InsurTech | GS Growth | August 26, 2021 | |
| Alpaca | Series B | $50,000,000 | Core Technology | Tribe Capital | August 30, 2021 | |
| Kocomo | Seed | $6,000,000 | Mortgage/Real estate | Vine Ventures | August 30, 2021 | |
| Slope Software | Seed | $2,000,000 | InsurTech | Tech Square Ventures | August 30, 2021 | |
| Floating Point Group | Venture - Series Unknown | -- | Blockchain/Crypto | FAST — by GETTYLAB | August 30, 2021 | |
| Origin | Series B | $56,000,000 | Personal Finance | General Catalyst | August 30, 2021 | |
| Woobie | Pre-Seed | -- | Payments/Billing | -- | August 31, 2021 | |
AUGUST 18TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 08/04/2021 - 08/18/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of August 18, 2021 | ||||||
| Synchrono Group | Venture - Series Unknown | $3,179,953 | InsurTech | -- | July 28, 2021 | |
| Glean analytics | Venture - Series Unknown | $6,250,000 | Business Intelligence | -- | July 29, 2021 | |
| RiskAdvisor | Seed | $125,000 | InsurTech | -- | July 30, 2021 | |
| Arzus | Pre-Seed | -- | Digital Banking | -- | August 1, 2021 | |
| Trillion Digital Assets | Pre-Seed | $100,000 | Blockchain/Crypto | -- | August 1, 2021 | |
| WizeFi | Seed | -- | Personal Finance | -- | August 2, 2021 | |
| Onramp Invest | Seed | $6,000,000 | Wealth Management | Coinbase Ventures | August 3, 2021 | |
| StockGuard | Venture - Series Unknown | $2,499,993 | InsurTech | -- | August 3, 2021 | |
| Human Interest | Series D | $200,000,000 | Wealth Management | The Rise Fund | August 4, 2021 | |
| Zeni | Series B | $34,000,000 | Business Intelligence | Elevation Capital | August 4, 2021 | |
| Reserve Trust | Series A | $30,500,000 | Payments/Billing | QED Investors | August 4, 2021 | |
| Collidescope.io | Pre-Seed | $50,000 | Capital Markets | EXPERT DOJO | August 4, 2021 | |
| Messari | Series A | $21,000,000 | Blockchain/Crypto | Point72 Ventures | August 5, 2021 | |
| Octane | Series D | $52,000,000 | Lending | Progressive Insurance | August 5, 2021 | |
| TrueFi | Initial Coin Offering | $12,500,000 | Blockchain/Crypto | BlockTower Capital | August 5, 2021 | |
| Allocations | Venture - Series Unknown | $4,000,000 | Capital Markets | Helios Capital | August 5, 2021 | |
| Torpago | Pre-Seed | -- | Lending | -- | August 5, 2021 | |
| BlueOne Card | Seed | $116,000 | Payments/Billing | -- | August 6, 2021 | |
| Savology | Seed | $500,000 | Personal Finance | -- | August 6, 2021 | |
| Mudrex | Seed | $2,500,000 | Blockchain/Crypto | Nexus Venture Partners | August 9, 2021 | |
| Pipeline Equity | Venture - Series Unknown | -- | Business Intelligence | Accenture Ventures | August 9, 2021 | |
| Prifina | Pre-Seed | $1,000,000 | Core Technology | -- | August 9, 2021 | |
| FalconX | Series C | $210,000,000 | Blockchain/Crypto | Tiger Global Management | August 10, 2021 | |
| FreshBooks | Series E | $80,750,000 | Business Intelligence | Accomplice | August 10, 2021 | |
| Pave | Series B | $46,000,000 | Business Intelligence | Y Combinator Continuity Fund | August 10, 2021 | |
| Horizen Labs | Seed | $7,000,000 | Blockchain/Crypto | Kenetic | August 10, 2021 | |
| Breeze | Series A | $10,000,000 | InsurTech | Link Ventures | August 10, 2021 | |
| Gusto | Series E | $175,000,000 | InsurTech | T. Rowe Price | August 10, 2021 | |
| Jerry | Series C | $75,000,000 | InsurTech | Goodwater Capital | August 10, 2021 | |
| Just Auto Insurance | Convertible Note | $4,900,000 | InsurTech | Crosscut Ventures | August 10, 2021 | |
| Upgrade | Series E | $105,000,000 | Digital Banking | Koch Disruptive Technologies | August 11, 2021 | |
| Car IQ | Series B | $15,000,000 | Payments/Billing | Forté Ventures | August 11, 2021 | |
| Lockstep | Series A | $2,500,000 | Business Intelligence | American Express Ventures | August 11, 2021 | |
| FranShares | Pre-Seed | $1,420,000 | Capital Markets | Chicago Ventures | August 11, 2021 | |
| TaxBit | Series B | $130,000,000 | Blockchain/Crypto | Insight Partners | August 12, 2021 | |
| Chime | Series G | $750,000,000 | Digital Banking | Sequoia Capital Global Equities | August 13, 2021 | |
| Divvy | Series D | $200,000,000 | Lending | Caffeinated Capital | August 13, 2021 | |
| Moneyworld | Seed | $2,000,000 | Personal Finance | Walkabout Ventures | August 17, 2021 | |
AUGUST 4TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 07/21/2021 - 08/03/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of August 3, 2021 | ||||||
| Advisor Credit Exchange | Seed | $1,000,000 | Lending | -- | July 15, 2021 | |
| Finalis | Seed | -- | Wealth Management | ANIMO Ventures | July 15, 2021 | |
| Credit Mountain | Seed | $1,400,000 | Lending | Early Light Ventures | July 16, 2021 | |
| Fonbnk | Funding Round | -- | Payments/Billing | Western Union Accelerator Powered by Techstars | July 18, 2021 | |
| Staax | Funding Round | -- | Personal Finance | Western Union Accelerator Powered by Techstars | July 18, 2021 | |
| Properly | Series B | CAD44,000,000 | Mortgage/Real estate | Bain Capital Ventures | July 19, 2021 | |
| Swipe Credit | Funding Round | -- | Lending | Western Union Accelerator Powered by Techstars | July 19, 2021 | |
| Sunny Day Fund | Funding Round | -- | Personal Finance | Western Union Accelerator Powered by Techstars | July 19, 2021 | |
| Zirtue | Funding Round | -- | Lending | Western Union Accelerator Powered by Techstars | July 19, 2021 | |
| The Beans | Funding Round | -- | Personal Finance | Western Union Accelerator Powered by Techstars | July 19, 2021 | |
| Capchase | Venture - Series Unknown | $280,000,000 | Lending | i80 | Group | July 20, 2021 | |
| FTX | Series B | $900,000,000 | Blockchain/Crypto | 40 North Ventures | July 20, 2021 | |
| Vestwell | Series C | $70,000,000 | Personal Finance | Fin Venture Capital | July 20, 2021 | |
| BlockArt | Pre-Seed | $1,000,000 | Blockchain/Crypto | CoinFund | July 20, 2021 | |
| Dwolla | Venture - Series Unknown | $21,000,000 | Payments/Billing | Foundry Group | July 21, 2021 | |
| RentSpree | Series A | $8,000,000 | Business Intelligence | 645 Ventures | July 21, 2021 | |
| Carputty | Venture - Series Unknown | $9,002,488 | Lending | -- | July 21, 2021 | |
| Tornado | Seed | $10,000,000 | Capital Markets | Marc Lore | July 21, 2021 | |
| Oxygen | Convertible Note | -- | Digital Banking | Raison Asset Management | July 21, 2021 | |
| Taylor Hoffman | Seed | $1,345,000 | Wealth Management | -- | July 21, 2021 | |
| Prodigal | Series A | $12,000,000 | Business Intelligence | Menlo Ventures | July 22, 2021 | |
| Allocate | Seed | $5,000,000 | Capital Markets | Anthemis Group | July 22, 2021 | |
| SIMON | Series B | $100,000,000 | Wealth Management | WestCap | July 22, 2021 | |
| Thesis | Series A | $21,000,000 | Blockchain/Crypto | ParaFi Capital | July 22, 2021 | |
| XY Planning Network | Seed | $599,987 | Personal Finance | -- | July 22, 2021 | |
| Peach Finance | Venture - Series Unknown | $19,999,988 | InsurTech | -- | July 22, 2021 | |
| Paystone | Venture - Series Unknown | CAD30,000,000 | Payments/Billing | Crédit Mutuel Equity | July 23, 2021 | |
| Paystand | Series C | $50,000,000 | Payments/Billing | NewView Capital | July 23, 2021 | |
| Monarch Money | Seed | $4,800,000 | Personal Finance | Accel | July 23, 2021 | |
| JustiFi | Venture - Series Unknown | $6,240,000 | Payments/Billing | -- | July 23, 2021 | |
| Nada | Seed | $330,000 | Mortgage/Real estate | Global Millennial Capital | July 23, 2021 | |
| Whiterock AI | Pre-Seed | -- | Business Intelligence | Watertower Ventures | July 23, 2021 | |
| Sila | Series A | $13,000,000 | Core Technology | Revolution Ventures | July 26, 2021 | |
| Pathlight Capital | Venture - Series Unknown | -- | Lending | Azimut Alternative Capital Partners | July 26, 2021 | |
| iCapital Network | Series C | $440,000,000 | Capital Markets | Temasek Holdings | July 27, 2021 | |
| At-Bay | Series D | $185,000,000 | InsurTech | Lightspeed Venture Partners | July 27, 2021 | |
| Valora | Series A | $20,000,000 | Blockchain/Crypto | Andreessen Horowitz | July 27, 2021 | |
| Hedgehog Markets | Seed | $3,500,000 | Blockchain/Crypto | Divergence Ventures | July 27, 2021 | |
| Landis | Series A | $165,000,000 | Mortgage/Real estate | Sequoia Capital | July 27, 2021 | |
| Eco | Series B | $60,000,000 | Digital Banking | Activant Capital | July 27, 2021 | |
| Trade Signal Inc | Pre-Seed | -- | Capital Markets | Sujeet Kumar | July 27, 2021 | |
| Spot Insurance | Seed | $15,000,000 | InsurTech | GreatPoint Ventures | July 28, 2021 | |
| Prime Trust | Series A | $64,000,000 | Blockchain/Crypto | Mercato Partners | July 28, 2021 | |
| Behalf | Venture - Series Unknown | $19,000,000 | Lending | MissionOG | July 28, 2021 | |
| Lumanu | Series A | $12,000,000 | Payments/Billing | Origin Ventures | July 28, 2021 | |
| Andes STR | Seed | $1,000,000 | Mortgage/Real estate | -- | July 28, 2021 | |
| Lithic | Series C | $60,000,000 | Payments/Billing | Stripes | July 29, 2021 | |
| Prepaid2Cash | Series A | $5,100,000 | Payments/Billing | Benson Capital | July 29, 2021 | |
| Amplify Life Insurance | Seed | $2,500,000 | InsurTech | Anthemis Group | July 29, 2021 | |
| Catch | Series A | $12,000,000 | Personal Finance | Crosslink Capital | July 30, 2021 | |
| Benetic | Series A | -- | Wealth Management | -- | July 30, 2021 | |
| BloXroute Labs | Funding Round | $9,040,000 | Blockchain/Crypto | -- | July 30, 2021 | |
| RentDrop | Pre-Seed | -- | Payments/Billing | Underscore VC | July 31, 2021 | |
| pay theory | Seed | -- | Payments/Billing | Zeal Capital Partners | August 1, 2021 | |
| Vector ML Analytics | Pre-Seed | -- | Business Intelligence | -- | August 1, 2021 | |
| Alinea | Seed | $2,100,000 | Capital Markets | Y Combinator | August 2, 2021 | |
| Mako Financial Technologies | Seed | CAD2,000,000 | Wealth Management | Desjardins Venture Capital | August 3, 2021 | |
| ZenLedger | Series A | $6,000,000 | Blockchain/Crypto | Bloccelerate VC | August 3, 2021 | |
JULY 20TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 07/06/2021 - 07/20/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of July 20, 2021 | ||||||
| Honeycomb Insurance | Series A | $3,300,000 | InsurTech | NFP Ventures | June 22, 2021 | |
| Carta | Venture - Series Unknown | -- | Capital Markets | 8090 Partners | June 23, 2021 | |
| iJoin Success | Venture - Series Unknown | $600,000 | Wealth Management | -- | June 28, 2021 | |
| Lend Street Financial | Venture - Series Unknown | $4,500,000 | Lending | -- | June 30, 2021 | |
| Sweater | Pre-Seed | $2,300,000 | Wealth Management | Motivate Venture Capital | July 1, 2021 | |
| Otto | Seed | $4,400,000 | Lending | Uncommon Capital | July 1, 2021 | |
| Mercury | Series B | $100,000,000 | Digital Banking | Coatue | July 3, 2021 | |
| Crush Capital | Funding Round | $2,750,000 | Wealth Management | Terraform Capital | July 6, 2021 | |
| HyperLinq | Pre-Seed | $125,000 | Blockchain/Crypto | Y Combinator | July 6, 2021 | |
| Zerion | Series A | $8,200,000 | Blockchain/Crypto | Mosaic | July 7, 2021 | |
| LoanPro | Series A | $100,000,000 | Core Technology | FTV Capital | July 7, 2021 | |
| Willa | Series A | $18,000,000 | Payments/Billing | FinTech Collective | July 7, 2021 | |
| Artis Technologies | Seed | $4,359,912 | Lending | -- | July 7, 2021 | |
| Smile Identity | Series A | $7,000,000 | Cyber/Fraud | Costanoa Ventures | July 8, 2021 | |
| NFT Oasis | Series A | $4,400,000 | Blockchain/Crypto | CitizenX Crypto Ventures Fund | July 8, 2021 | |
| Bankuish | Pre-Seed | -- | Lending | Jaguar Ventures | July 8, 2021 | |
| InsureLife | Seed | -- | InsurTech | CFV Ventures | July 10, 2021 | |
| Jasper | Series A | $34,000,000 | Lending | Benslie Investment Group | July 12, 2021 | |
| The Sold App | Pre-Seed | -- | Mortgage/Real estate | -- | July 12, 2021 | |
| Marco | Seed | $7,000,000 | Lending | Kayyak Ventures | July 13, 2021 | |
| Remote | Series B | $150,000,000 | Payments/Billing | Accel | July 13, 2021 | |
| MPOWER Financing | Venture - Series Unknown | $100,000,000 | Lending | ETS Strategic Capital | July 13, 2021 | |
| Billd | Series B | $30,000,000 | Lending | LL Funds, LLC | July 13, 2021 | |
| Connext | Series A | $12,000,000 | Blockchain/Crypto | 1kx | July 13, 2021 | |
| Cape Analytics | Series C | $44,000,000 | InsurTech | Pivot Investment Partners | July 14, 2021 | |
| Morty | Series B | $25,000,000 | Mortgage/Real estate | March Capital | July 14, 2021 | |
| Cardless | Series B | $40,000,000 | Core Technology | Activant Capital | July 14, 2021 | |
| M1 Finance | Series E | $150,000,000 | Digital Banking | SoftBank Vision Fund | July 14, 2021 | |
| Play2Pay™ | Series A | $13,000,000 | Payments/Billing | TeleSoft Partners | July 15, 2021 | |
| Prime Dash | Pre-Seed | -- | Business Intelligence | -- | July 15, 2021 | |
| Esusu Financial | Series A | $10,600,000 | Personal Finance | Motley Fool Ventures | July 16, 2021 | |
| Portal | Venture - Series Unknown | -- | Blockchain/Crypto | ArkStream Capital | July 16, 2021 | |
| Shipyard Software | Seed | $21,000,000 | Blockchain/Crypto | Polychain | July 17, 2021 | |
| Dovly | Seed | $3,000,000 | Personal Finance | Croghan Investments | July 18, 2021 | |
| Chaka Technologies | Pre-Seed | $1,500,000 | Capital Markets | Breyer Capital | July 19, 2021 | |
| Jones | Series A | $12,500,000 | InsurTech | Khosla Ventures | July 19, 2021 | |
| Global Predictions | Seed | $2,000,000 | Capital Markets | Village Global | July 19, 2021 | |
| Tryger | Pre-Seed | $50,000 | InsurTech | -- | July 19, 2021 | |
| Data Mynt | Seed | $1,550,000 | Blockchain/Crypto | -- | July 19, 2021 | |
| Titan | Series B | $58,000,000 | Wealth Management | Andreessen Horowitz | July 20, 2021 | |
| Lev | Series A | $30,000,000 | Mortgage/Real estate | Greenspring Associates | July 20, 2021 | |
| Sundae | Series C | $80,000,000 | Mortgage/Real estate | Fifth Wall | July 20, 2021 | |
JULY 6TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 06/22/2021 - 07/06/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of July 6, 2021 | ||||||
| MAXEX | Venture - Series Unknown | -- | Mortgage/Real estate | JP Morgan Chase | June 22, 2021 | |
| MAJORITY | Seed | $19,000,000 | Digital Banking | Valar Ventures | June 22, 2021 | |
| Accept.inc | Seed | $11,500,000 | Lending | SignalFire | June 22, 2021 | |
| Destiny (D/XYZ) | Seed | $5,000,000 | Capital Markets | Fred Ehrsam | June 22, 2021 | |
| Acorn Finance | Seed | $1,000,000 | Mortgage/Real estate | -- | June 22, 2021 | |
| Rarible | Series A | $14,200,000 | Blockchain/Crypto | CoinFund | June 23, 2021 | |
| Lendbuzz | Series C | $60,000,000 | Lending | Wellington Management | June 23, 2021 | |
| Lender Compliance Technologies | Series A | $4,150,000 | Lending | Automotive Ventures | June 23, 2021 | |
| Lower | Series A | $100,000,000 | Mortgage/Real estate | Accel | June 23, 2021 | |
| Donut | Funding Round | $2,000,000 | Blockchain/Crypto | Robot Ventures | June 23, 2021 | |
| Rheaply | Venture - Series Unknown | $2,200,000 | Core Technology | Microsoft Climate Innovation Fund | June 23, 2021 | |
| Atom Finance | Series B | $28,000,000 | Wealth Management | SoftBank | June 23, 2021 | |
| Maroo | Pre-Seed | $825,000 | Lending | Acrobator Ventures | June 23, 2021 | |
| Ascenum | Seed | $1,140,000 | Core Technology | -- | June 23, 2021 | |
| SmartAsset | Series D | $110,000,000 | Wealth Management | TTV Capital | June 24, 2021 | |
| Chainalysis | Series E | $100,000,000 | Blockchain/Crypto | Coatue | June 24, 2021 | |
| Deserve | Series D | $50,000,000 | Lending | Ally Ventures | June 24, 2021 | |
| Sealed | Series B | $16,000,000 | Lending | Fifth Wall | June 24, 2021 | |
| Zest AI | Venture - Series Unknown | $18,000,000 | Lending | VyStar Credit Union | June 24, 2021 | |
| RoadSync | Series B | $30,000,000 | Payments/Billing | Tiger Global Management | June 24, 2021 | |
| d1g1t Inc. | Venture - Series Unknown | CAD16,000,000 | Wealth Management | CI Financial | June 24, 2021 | |
| Paceline | Series A | $29,500,000 | Personal Finance | Acrew Capital | June 25, 2021 | |
| Home365 | Venture - Series Unknown | $16,300,000 | Mortgage/Real estate | Greensoil PropTech Ventures | June 28, 2021 | |
| Harness Wealth | Series A | $15,000,000 | Wealth Management | Jackson Square Ventures | June 28, 2021 | |
| Bowery Valuation | Series B | $35,000,000 | Mortgage/Real estate | Goldman Sachs Asset Management | June 28, 2021 | |
| Bento | Seed | $2,130,518 | InsurTech | -- | June 28, 2021 | |
| HonestRobin | Seed | $2,000,000 | Personal Finance | Global Founders Capital | June 28, 2021 | |
| Orum.io | Series B | $56,000,000 | Payments/Billing | Accel | June 29, 2021 | |
| Marstone Inc. | Series A | $5,000,000 | Wealth Management | Amerant Bancorp | June 29, 2021 | |
| Pathpoint | Series A | $30,000,000 | InsurTech | Caffeinated Capital | June 29, 2021 | |
| FutureProof Technologies | Seed | $3,000,000 | Business Intelligence | Innovation Endeavors | June 29, 2021 | |
| Aliaswire | Series A | $6,000,000 | Payments/Billing | Stage 1 Ventures | June 30, 2021 | |
| Blockware Mining | Series B | $25,000,000 | Blockchain/Crypto | -- | June 30, 2021 | |
| Daylight | Seed | $5,000,000 | Digital Banking | Kapor Capital | June 30, 2021 | |
| Tomo | Seed | $30,000,000 | Mortgage/Real estate | Ribbit Capital | June 30, 2021 | |
| Entera | Series A | $32,000,000 | Mortgage/Real estate | Goldman Sachs Asset Management | June 30, 2021 | |
| Karat Financial | Series A | $26,000,000 | Lending | Union Square Ventures | July 1, 2021 | |
| INSHUR | Series B | $23,400,000 | InsurTech | Jerusalem Venture Partners (JVP) | July 1, 2021 | |
| Crowded | Pre-Seed | $250,000 | Payments/Billing | -- | July 1, 2021 | |
| Subdefy | Pre-Seed | -- | Payments/Billing | -- | July 1, 2021 | |
| Pilotbird | Seed | -- | InsurTech | Plug and Play Insurtech | July 5, 2021 | |
JUNE 23RD REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 06/10/2021 - 06/23/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of June 23, 2021 | ||||||
| Blockdaemon | Series A | $28,000,000 | Blockchain/Crypto | Greenspring Associates | June 8, 2021 | |
| Blooma | Series A | $15,000,000 | Lending | Canapi Ventures | June 8, 2021 | |
| Certificial | Series A | $5,800,000 | InsurTech | IA Capital Group | June 8, 2021 | |
| Credit Sesame | Series G | $51,000,000 | Lending | Healthcare of Ontario Pension Plan | June 8, 2021 | |
| Jenny Life | Venture - Series Unknown | $3,799,996 | InsurTech | -- | June 8, 2021 | |
| Kafene | Series A | $14,000,000 | Lending | Global Founders Capital | June 8, 2021 | |
| Branch Insurance | Series B | $50,000,000 | InsurTech | Anthemis Group | June 9, 2021 | |
| Embroker | Series C | $100,000,000 | InsurTech | FTV Capital | June 9, 2021 | |
| Hummingbot | Series A | $8,000,000 | Blockchain/Crypto | Initialized Capital | June 9, 2021 | |
| Luxor Technologies | Series A | $5,000,000 | Blockchain/Crypto | NYDIG | June 9, 2021 | |
| Now Account Network | Series A | $9,500,000 | Payments/Billing | Virgo Investment Group | June 9, 2021 | |
| Privacy Dynamics | Seed | $5,567,464 | Core Technology | -- | June 9, 2021 | |
| Catch | Venture - Series Unknown | $11,548,495 | InsurTech | -- | June 10, 2021 | |
| Clair | Series A | $15,000,000 | Payments/Billing | Thrive Capital | June 10, 2021 | |
| Flyhomes | Series C | $150,000,000 | Mortgage/Real estate | Battery Ventures | June 10, 2021 | |
| Kikoff | Venture - Series Unknown | $29,999,977 | Lending | -- | June 10, 2021 | |
| Nesto | Series B | CAD 76,000,000 | Mortgage/Real estate | Michael Paulus | June 10, 2021 | |
| Nirvana Health | Seed | $4,200,000 | InsurTech | Arc Ventures | June 10, 2021 | |
| Instadapp | Series A | $10,000,000 | Blockchain/Crypto | Standard Crypto | June 11, 2021 | |
| Ocrolus | Venture - Series Unknown | $54,541,067 | Business Intelligence | -- | June 11, 2021 | |
| Selfbook | Seed | $2,000,000 | Payments/Billing | Better Tomorrow Ventures | June 11, 2021 | |
| Finley Technologies | Seed | $3,000,000 | Capital Markets | Bain Capital Ventures | June 14, 2021 | |
| Addepar | Series F | $150,000,000 | Wealth Management | D1 Capital Partners | June 15, 2021 | |
| Bitwise | Series B | $70,000,000 | Blockchain/Crypto | Electric Capital | June 15, 2021 | |
| dYdX | Series C | $65,000,000 | Blockchain/Crypto | Paradigm | June 15, 2021 | |
| PayCargo | Series B | $125,000,000 | Payments/Billing | Insight Partners | June 15, 2021 | |
| Arrived Homes | Seed | $10,000,000 | Wealth Management | Core Innovation Capital | June 16, 2021 | |
| Bueno Finance | Seed | $3,000,000 | Digital Banking | Goat Capital | June 16, 2021 | |
| ClearEstate | Seed | CAD 2,500,000 | Wealth Management | Diagram Ventures | June 16, 2021 | |
| Coinme | Venture - Series Unknown | $10,000,000 | Blockchain/Crypto | Digital Currency Group | June 16, 2021 | |
| Guideline | Series E | $200,000,000 | Wealth Management | General Atlantic | June 16, 2021 | |
| Novo | Series A | $40,700,000 | Digital Banking | Valar Ventures | June 16, 2021 | |
| Realbloc Holding | Pre-Seed | $10,000 | Blockchain/Crypto | Aiolos Holdings | June 17, 2021 | |
| Splash Financial | Series B | $44,300,000 | Lending | Citi Ventures | June 17, 2021 | |
| Unit | Series B | $51,000,000 | Core Technology | Accel | June 17, 2021 | |
| Crediverso | Seed | $3,100,000 | Personal Finance | Point72 Ventures | June 18, 2021 | |
| Securitize | Series B | $48,000,000 | Blockchain/Crypto | Blockchain Capital | June 21, 2021 | |
| CAARY Capital | Equity Crowdfunding | CAD 3,200,337 | Lending | -- | June 22, 2021 | |
| FrontFundr | Equity Crowdfunding | CAD 1,686,583 | Capital Markets | -- | June 22, 2021 | |
| Treasure Card | Equity Crowdfunding | CAD 127,900 | Digital Banking | -- | June 22, 2021 | |
JUNE 9TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 05/25/2021 - 06/09/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of June 9, 2021 | ||||||
| Collectable | Series A | $5,500,000 | Wealth Management | Bain Capital Ventures | May 26, 2021 | |
| Obie | Series A | $10,700,000 | InsurTech | Battery Ventures | May 26, 2021 | |
| Tilled | Series A | $11,000,000 | Payments/Billing | Canvas Ventures | May 26, 2021 | |
| Axle | Series A | $10,000,000 | Lending | Crosslink Capital | May 26, 2021 | |
| BondLink | Series B | $18,000,000 | Capital Markets | -- | May 26, 2021 | |
| Ledn | Series A | $30,000,000 | Wealth Management | Kingsway Capital | May 26, 2021 | |
| Park Place Payments | Seed | $1,500,000 | Payments/Billing | Curate Capital | May 26, 2021 | |
| Talos Trading | Series A | $40,000,000 | Blockchain/Crypto | Andreessen Horowitz | May 27, 2021 | |
| Homeward | Series B | $136,000,000 | Lending | Norwest Venture Partners | May 27, 2021 | |
| Resolve | Venture - Series Unknown | $60,000,000 | Personal Finance | Initialized Capital | May 27, 2021 | |
| RoyFi | Venture - Series Unknown | $1,471,000 | Lending | -- | May 27, 2021 | |
| Set Labs | Series A | $14,000,000 | Blockchain/Crypto | 1kx | May 28, 2021 | |
| MotoRefi | Series B | $45,000,000 | Lending | Goldman Sachs | May 28, 2021 | |
| Swype | Pre-Seed | $350,000 | Blockchain/Crypto | Village Global | May 28, 2021 | |
| Chipper Cash | Series C | $100,000,000 | Money Transfer/Remittances | SVB Capital | May 31, 2021 | |
| Spiff | Series B | $46,000,000 | Business Intelligence | Lightspeed Venture Partners | June 1, 2021 | |
| Truebill | Series D | $45,000,000 | Personal Finance | Accel | June 1, 2021 | |
| Bundle | Seed | $600,000 | Mortgage/Real estate | Allied Venture Partners | June 1, 2021 | |
| Dito Ventures Inc | Pre-Seed | -- | Lending | -- | June 1, 2021 | |
| Green Feather Software | Seed | $1,500,000 | Payments/Billing | Lawrence P. Huang | June 1, 2021 | |
| PropBidder | Seed | $500,000 | Mortgage/Real estate | Sequoia Scout | June 1, 2021 | |
| Pinwheel | Series A | $20,000,000 | Core Technology | Coatue | June 2, 2021 | |
| Jeeves | Series A | $26,000,000 | Lending | Andreessen Horowitz | June 2, 2021 | |
| Spruce Holdings | Series C | $60,000,000 | InsurTech | Zigg Capital | June 2, 2021 | |
| Synctera | Series A | $33,000,000 | Core Technology | Fin Venture Capital | June 2, 2021 | |
| Yieldstreet | Series C | $100,000,000 | Wealth Management | Tarsadia Investments | June 2, 2021 | |
| Trellis | Series A | $10,000,000 | InsurTech | QED Investors | June 3, 2021 | |
| Bench | Series C | $73,000,000 | InsurTech | Contour Venture Partners | June 3, 2021 | |
| The Beans | Seed | $2,000,000 | Personal Finance | Precursor Ventures | June 3, 2021 | |
| Capchase | Series A | $103,000,000 | Lending | QED Investors | June 4, 2021 | |
| Unchained Capital | Series A | $25,000,000 | Blockchain/Crypto | NYDIG | June 4, 2021 | |
| Briq | Series B | $30,000,000 | Business Intelligence | Tiger Global Management | June 7, 2021 | |
| MoneyHash | Pre-Seed | -- | Payments/Billing | COTU Ventures | June 7, 2021 | |
| Airbase | Series B | $60,000,000 | Business Intelligence | Menlo Ventures | June 8, 2021 | |
MAY 24TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 05/10/2021 - 05/24/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of May 24, 2021 | ||||||
| Ethos | Series D | $200,000,000 | InsurTech | General Catalyst | May 11, 2021 | |
| Lili | Series B | $55,000,000 | Digital Banking | Group 11 | May 11, 2021 | |
| Plunk | Seed | $6,500,000 | Mortgage/Real estate | Unlock Venture Partners | May 11, 2021 | |
| Collective | Series A | $20,000,000 | Digital Banking | General Catalyst | May 12, 2021 | |
| Planck | Venture - Series Unknown | $20,000,000 | InsurTech | 3L Capital | May 12, 2021 | |
| Sanlo | Seed | $3,500,000 | Business Intelligence | Index Ventures | May 12, 2021 | |
| Stampli | Series C | $50,000,000 | Payments/Billing | Insight Partners | May 12, 2021 | |
| Treasury Prime | Series B | $20,000,000 | Core Technology | QED Investors | May 12, 2021 | |
| Alice | Seed | $2,000,000 | Money Transfer/Remittances | Arrington XRP Capital | May 13, 2021 | |
| iink Endorsements | Seed | $900,000 | InsurTech | -- | May 13, 2021 | |
| Makara Digital | Seed | $2,085,000 | Blockchain/Crypto | -- | May 13, 2021 | |
| PolySign | Series B | $53,000,000 | Capital Markets | Cowen Group | May 13, 2021 | |
| Relay | Series A | $15,000,000 | Digital Banking | Bain Capital Ventures | May 13, 2021 | |
| Upsie | Series A | $18,200,000 | InsurTech | True Ventures | May 13, 2021 | |
| Lieef | Seed | -- | Wealth Management | -- | May 14, 2021 | |
| Amount.com | Series D | $99,000,000 | Core Technology | WestCap | May 17, 2021 | |
| Goldfinch | Venture - Series Unknown | $11,700,001 | Blockchain/Crypto | -- | May 17, 2021 | |
| Hearth | Series B | $23,000,000 | Payments/Billing | Human Capital | May 17, 2021 | |
| Jerry | Series B | $28,000,000 | InsurTech | Goodwater Capital | May 17, 2021 | |
| Rally | Series B | $30,000,000 | Wealth Management | Accel | May 17, 2021 | |
| Zapper | Series A | $15,000,000 | Blockchain/Crypto | Framework Ventures | May 17, 2021 | |
| BuyProperly | Seed | $2,000,000 | Wealth Management | Nurture Ventures | May 18, 2021 | |
| DailyPay | Series D | $175,000,000 | Payments/Billing | Carrick Capital Partners | May 18, 2021 | |
| Informed.IQ | Series A | $20,000,000 | Lending | Nyca Partners | May 18, 2021 | |
| Lance | Seed | $2,800,000 | Digital Banking | Barclays | May 18, 2021 | |
| Settle | Series A | $15,000,000 | Payments/Billing | Kleiner Perkins | May 18, 2021 | |
| Vise | Series C | $65,000,000 | Wealth Management | Ribbit Capital | May 18, 2021 | |
| Zoe Financial | Series A | $10,000,000 | Wealth Management | SB Opportunity Fund | May 18, 2021 | |
| Altruist | Series B | $50,000,000 | Wealth Management | Insight Partners | May 19, 2021 | |
| Non-fungible Technologies | Seed | $2,750,000 | Blockchain/Crypto | Lemniscap | May 19, 2021 | |
| Wingocard | Seed | $1,700,000 | Digital Banking | Panache Ventures | May 19, 2021 | |
| Boost | Series B | $20,000,000 | InsurTech | RRE Ventures | May 20, 2021 | |
| Cryptocurrencies.Ai | Venture - Series Unknown | $8,000,000 | Blockchain/Crypto | Alameda Research | May 20, 2021 | |
| Figure | Series D | $200,000,000 | Lending | Morgan Creek Digital | May 20, 2021 | |
| Found | Series A | $12,750,000 | Digital Banking | Sequoia Capital | May 20, 2021 | |
| Leif | Venture - Series Unknown | $10,000,000 | Lending | Insita Group | May 20, 2021 | |
| Lithic | Series B | $43,000,000 | Payments/Billing | Bessemer Venture Partners | May 20, 2021 | |
| ProducePay | Series C | $43,000,000 | Lending | G2VP | May 20, 2021 | |
| Sunbit | Series D | $130,000,000 | Lending | Group 11 | May 20, 2021 | |
| Gainy | Pre-Seed | $200,000 | Wealth Management | Founders.ai | May 21, 2021 | |
| iLife | Seed | $4,000,000 | InsurTech | Foundation Capital | May 21, 2021 | |
| NerdWallet | Venture - Series Unknown | -- | Personal Finance | Raison Asset Management | May 21, 2021 | |
| Mile Auto | Seed | $10,300,000 | InsurTech | Emergent Ventures | May 24, 2021 | |
| Solidus Labs | Series A | $20,000,000 | Blockchain/Crypto | Evolution Equity Partners | May 24, 2021 | |
| Zeta | Series C | $250,000,000 | Core Technology | SoftBank Vision Fund | May 24, 2021 | |
| Tiv | Seed | $3,500,000 | Payments/Billing | 4490 Ventures | May 25, 2021 | |
MAY 10TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 04/14/2021 - 05/09/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of May 10, 2021 | ||||||
| CryptoSlam | Angel | -- | Blockchain/Crypto | Aloomii | April 15, 2021 | |
| Doorstead | Series A | $12,500,000 | Mortgage/Real estate | Madrona Venture Group | April 15, 2021 | |
| Plentina | Seed | $2,200,000 | Lending | Andrew Vigneault | April 15, 2021 | |
| Routable | Series B | $29,964,761 | Payments/Billing | Jack Altman | April 15, 2021 | |
| Signifyd | Series E | $205,000,000 | Cyber/Fraud | Owl Rock Capital Partners | April 15, 2021 | |
| Level | Series A | $27,000,000 | Lending | Khosla Ventures | April 16, 2021 | |
| Snappt | Series A | -- | Cyber/Fraud | Inertia Ventures | April 16, 2021 | |
| Liquid Mortgage | Seed | -- | Blockchain/Crypto | -- | April 19, 2021 | |
| Alto Solutions | Series A | $17,000,000 | Wealth Management | Unusual Ventures | April 20, 2021 | |
| Candex | Series A | $20,000,000 | Payments/Billing | Altos Ventures | April 20, 2021 | |
| Chargebee | Series G | $125,000,000 | Payments/Billing | Insight Partners | April 20, 2021 | |
| Clearco | Series C | CAD125,000,000 | Capital Markets | Oak HC/FT | April 20, 2021 | |
| Fintor | Seed | $2,500,000 | Mortgage/Real estate | 500 Startups | April 20, 2021 | |
| FRACTAL | Seed | $4,000,000 | Blockchain/Crypto | Framework Ventures | April 20, 2021 | |
| Groundbreaker | Seed | -- | Mortgage/Real estate | Second Century Ventures | April 20, 2021 | |
| Injective Protocol | Funding Round | $10,000,000 | Blockchain/Crypto | Pantera Capital | April 20, 2021 | |
| Mantl | Series B | $40,000,000 | Core Technology | CapitalG | April 20, 2021 | |
| Otso Corp | Seed | -- | Mortgage/Real estate | Second Century Ventures | April 20, 2021 | |
| Turnkey Lender | Venture - Series Unknown | $6,100,000 | Lending | KFW DEG | April 20, 2021 | |
| Avant | Venture - Series Unknown | $3,900,814 | Lending | -- | April 21, 2021 | |
| Chargify | Venture - Series Unknown | -- | Payments/Billing | Battery Ventures | April 21, 2021 | |
| Dama Financial | Series B | $12,600,000 | Digital Banking | -- | April 21, 2021 | |
| Deel | Series C | $156,000,000 | Payments/Billing | Andreessen Horowitz | April 21, 2021 | |
| Digital Asset | Series D | $120,000,000 | Blockchain/Crypto | 7RIDGE | April 21, 2021 | |
| Plooto | Series A | CAD8,000,000 | Payments/Billing | FINTOP Capital | April 21, 2021 | |
| SaaSOptics | Venture - Series Unknown | -- | Payments/Billing | Battery Ventures | April 21, 2021 | |
| Tribal Credit | Series A | $34,300,000 | Lending | QED Investors | April 21, 2021 | |
| Welcome Technologies | Series B | $35,000,000 | Digital Banking | Owl Ventures | April 21, 2021 | |
| YieldX | Series B | $7,000,000 | Wealth Management | Westcap | April 21, 2021 | |
| Branch | Venture - Series Unknown | $19,467,873 | Payments/Billing | -- | April 22, 2021 | |
| Brella Insurance | Series A | $15,000,000 | InsurTech | Brewer Lane Ventures | April 22, 2021 | |
| Cascade Financial Technology Corp | Venture - Series Unknown | $1,602,766 | Personal Finance | -- | April 22, 2021 | |
| GoalBased Investors | Seed | $2,750,000 | Personal Finance | True Ventures | April 22, 2021 | |
| Guiide | Venture - Series Unknown | -- | Wealth Management | -- | April 22, 2021 | |
| Investor Cash Management | Series A | $8,999,985 | Business Intelligence | -- | April 22, 2021 | |
| Percent | Series A | $12,500,000 | Wealth Management | White Star Capital | April 22, 2021 | |
| Till Financial | Venture - Series Unknown | $5,000,000 | Digital Banking | Pivotal Ventures | April 22, 2021 | |
| Wurk | Series A | $3,500,000 | Payments/Billing | Wurk | April 22, 2021 | |
| Brex | Series D | $425,000,000 | Lending | Tiger Global Management | April 26, 2021 | |
| Flux Financial | Seed | -- | Blockchain/Crypto | -- | April 26, 2021 | |
| Landis | Seed | -- | Mortgage/Real estate | Second Century Ventures | April 26, 2021 | |
| MRB Direct, Inc. | Seed | -- | Cyber/Fraud | Austin Capital | April 26, 2021 | |
| Securrency | Series B | $30,000,000 | Blockchain/Crypto | Abu Dhabi Catalyst Partners | April 26, 2021 | |
| Weav | Seed | $4,300,000 | Core Technology | Foundation Capital | April 26, 2021 | |
| Arturo | Series B | $25,000,000 | InsurTech | Atlantic Bridge | April 27, 2021 | |
| Credit Reporting Services | Seed | $1,000,005 | Lending | -- | April 27, 2021 | |
| Current | Series D | $220,000,000 | Digital Banking | Andreessen Horowitz | April 27, 2021 | |
| Embedded Financial Technologies | Seed | $20,000,000 | Core Technology | Y Combinator | April 27, 2021 | |
| Greenlight | Series D | $260,000,000 | Digital Banking | Andreessen Horowitz | April 27, 2021 | |
| lamda X | Venture - Series Unknown | $6,531,681 | Business Intelligence | -- | April 27, 2021 | |
| Sigo Seguros | Seed | $1,500,000 | InsurTech | Demeter Capital | April 27, 2021 | |
| Step | Series C | $100,000,000 | Digital Banking | General Catalyst | April 27, 2021 | |
| Zirtue | Seed | -- | Lending | Northwestern Mutual Future Ventures | April 27, 2021 | |
| Avibra | Series B | $7,184,997 | InsurTech | -- | April 28, 2021 | |
| Backer | Venture - Series Unknown | $8,400,000 | Wealth Management | Crosslink Capital | April 28, 2021 | |
| Drank | Seed | -- | Payments/Billing | Blue Heron Ventures | April 28, 2021 | |
| InterVal | Seed | $1,500,000 | Capital Markets | Scott Coffin | April 28, 2021 | |
| Splitwise | Series A | $20,000,000 | Payments/Billing | Insight Partners | April 28, 2021 | |
| Take Command Health | Series A | $12,000,000 | InsurTech | LiveOak Venture Partners | April 28, 2021 | |
| Templum | Venture - Series Unknown | $14,739,142 | Blockchain/Crypto | -- | April 28, 2021 | |
| Unifimoney | Seed | -- | Digital Banking | Global Millennial Capital | April 28, 2021 | |
| Wunderite | Seed | $3,000,000 | InsurTech | Spark Capital | April 28, 2021 | |
| Gr4vy | Series A | $11,100,000 | Payments/Billing | Nyca Partners | April 29, 2021 | |
| Hashflow | Seed | $3,200,000 | Blockchain/Crypto | Dragonfly Capital Partners | April 29, 2021 | |
| Keeper Tax | Series A | $13,000,000 | Business Intelligence | e.ventures | April 29, 2021 | |
| Lobus | Venture - Series Unknown | $6,000,000 | Wealth Management | 8VC | April 29, 2021 | |
| Notional Finance | Series A | $10,000,000 | Blockchain/Crypto | Pantera Capital | April 29, 2021 | |
| Paxos | Series D | $300,000,000 | Blockchain/Crypto | Oak HC/FT | April 29, 2021 | |
| AlphaFlow | Series A | -- | Wealth Management | Knockout Capital | May 1, 2021 | |
| fortu | Seed | $5,000,000 | Digital Banking | Valar Ventures | May 3, 2021 | |
| Boost Payment Solutions | Series C | $22,000,000 | Payments/Billing | Invictus Growth Partners | May 4, 2021 | |
| Fluence Technologies | Series A | $10,000,000 | Business Intelligence | Banneker Partners | May 4, 2021 | |
| Forge | Venture - Series Unknown | $150,000,000 | Wealth Management | Deutsche Borse | May 4, 2021 | |
| Goalswell | Seed | $1,500,000 | Personal Finance | OpenGate Capital | May 4, 2021 | |
| HoneyBook | Series D | $155,000,000 | Business Intelligence | Durable Capital Partners | May 4, 2021 | |
| LoanSnap | Series B | $30,000,000 | Lending | True Ventures | May 4, 2021 | |
| Persona | Series B | $50,000,000 | RegTech | Index Ventures | May 4, 2021 | |
APRIL 14TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 04/01/2021 - 04/14/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of April 14, 2021 | ||||||
| BlockQuake | Pre-Seed | $352,500 | Blockchain/Crypto | -- | March 31, 2021 | |
| Ensemble | Seed | $3,000,000 | Digital Banking | TTV Capital | March 31, 2021 | |
| Salty Dot | Venture - Series Unknown | $15,000,000 | InsurTech | Fremont Group | March 31, 2021 | |
| Spiral | Venture - Series Unknown | $14,000,000 | Digital Banking | Team8 | March 31, 2021 | |
| Windfall | Series A | $21,000,000 | Business Intelligence | En Pointe | March 31, 2021 | |
| Allegory Insurance | Pre-Seed | -- | InsurTech | -- | April 1, 2021 | |
| BrightPlan | Series A | $9,500,000 | Personal Finance | Fremont Group | April 1, 2021 | |
| FYBN Flip Your Business Now | Seed | $1,000,000 | Capital Markets | Cloud Toronto | April 1, 2021 | |
| Next Insurance | Series E | $250,000,000 | InsurTech | Battery Ventures | April 1, 2021 | |
| Scrypt | Seed | -- | Payments/Billing | Shai Stern | April 1, 2021 | |
| StarStock | Series A | $8,000,000 | Wealth Management | Andreessen Horowitz | April 1, 2021 | |
| Lendtable | Seed | -- | Personal Finance | Lev Ekster | April 2, 2021 | |
| Medxoom | Series A | $8,000,000 | InsurTech | Castellan Group | April 2, 2021 | |
| CRiskCo | Venture - Series Unknown | -- | Cyber/Fraud | PRYTEK | April 4, 2021 | |
| Inbox Health | Series A | $15,000,000 | Payments/Billing | Commerce Ventures | April 5, 2021 | |
| Umba | Seed | -- | Digital Banking | Two Culture Capital | April 6, 2021 | |
| Fenris | Venture - Series Unknown | $2,700,000 | InsurTech | IDEA Fund Partners | April 7, 2021 | |
| Plaid | Series D | $425,000,000 | Core Technology | Altimeter Capital | April 7, 2021 | |
| Spaced Ventures | Pre-Seed | -- | Wealth Management | Dylan Taylor | April 7, 2021 | |
| Walnut | Seed | $3,600,000 | Lending | Gradient Ventures | April 7, 2021 | |
| Ramp | Series B | $115,000,000 | Lending | D1 Capital Partners | April 8, 2021 | |
| Finary | Seed | $3,200,000 | Wealth Management | Upfront Ventures | April 9, 2021 | |
| Orum.io | Series A | $21,000,000 | Payments/Billing | Bain Capital Ventures | April 9, 2021 | |
| The Zebra | Series D | $150,000,000 | InsurTech | Hedosophia | April 12, 2021 | |
MARCH 31ST REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 03/18/2021 - 03/31/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of March 31, 2021 | ||||||
| Coalition | Series D | $175,000,000 | InsurTech | Index Ventures | March 17, 2021 | |
| DepositLink | Seed | $3,500,000 | Payments/Billing | -- | March 17, 2021 | |
| FiVerity, Inc. | Seed | $2,000,000 | Cyber/Fraud | Mendoza Ventures | March 17, 2021 | |
| Republic | Series A | $36,000,000 | Capital Markets | Galaxy Interactive | March 17, 2021 | |
| Asteya | Series A | $10,000,000 | InsurTech | Northstar Ventures | March 18, 2021 | |
| Gravie | Series D | $28,000,000 | InsurTech | AXA Venture Partners | March 18, 2021 | |
| Connext | Seed | $2,200,000 | Blockchain/Crypto | Polychain | March 19, 2021 | |
| Snapsheet | Series E | $30,000,000 | InsurTech | Pivot Investment Partners | March 21, 2021 | |
| Afriex | Seed | $1,200,000 | Payments/Billing | Launch Africa | March 22, 2021 | |
| My Susu Inc | Pre-Seed | -- | Personal Finance | -- | March 22, 2021 | |
| Counterpart | Series A | $10,000,000 | InsurTech | Valor Equity Partners | March 23, 2021 | |
| LenderClose | Series B | $10,000,000 | Lending | Next Level Ventures | March 23, 2021 | |
| Surround Insurance | Seed | $2,600,000 | InsurTech | Cameron Ventures | March 23, 2021 | |
| Trace | Seed | $8,300,000 | Business Intelligence | Uncork Capital | March 23, 2021 | |
| Covalent | Venture - Series Unknown | $2,000,000 | Blockchain/Crypto | Hashed | March 24, 2021 | |
| Incode Technologies | Series A | $25,000,000 | Cyber/Fraud | 3L Capital | March 24, 2021 | |
| Machnet | Seed | $300,000 | Payments/Billing | -- | March 24, 2021 | |
| Sardine | Seed | $4,600,000 | Cyber/Fraud | XYZ Venture Capital | March 24, 2021 | |
| Avanti Financial Group | Series A | $37,000,000 | Blockchain/Crypto | Coinbase Ventures | March 25, 2021 | |
| Ease | Series C | $41,000,000 | InsurTech | Spectrum Equity | March 25, 2021 | |
| EnrichHER | Seed | $700,000 | Lending | Fearless Fund | March 25, 2021 | |
| Greenwood Bank | Series A | $40,000,000 | Digital Banking | Truist Ventures | March 25, 2021 | |
| Lukka | Series D | $53,000,000 | Blockchain/Crypto | S&P Global | March 25, 2021 | |
| Maxwell Financial Labs | Series B | $16,300,000 | Lending | Fin Venture Capital | March 25, 2021 | |
| Pie Insurance | Series C | $118,000,000 | InsurTech | Acrew Capital | March 25, 2021 | |
| Chainalysis | Series D | $100,000,000 | Blockchain/Crypto | Paradigm | March 26, 2021 | |
| Spl.yt Core Foundation | Venture - Series Unknown | $2,750,000 | Blockchain/Crypto | Bitcoin Capital | March 26, 2021 | |
| Capitolis | Series C | $90,000,000 | Capital Markets | Andreessen Horowitz | March 30, 2021 | |
| Ethic | Series B | $29,000,000 | Wealth Management | Oak HC/FT | March 30, 2021 | |
| HighRadius | Series C | $300,000,000 | Payments/Billing | D1 Capital Partners | March 30, 2021 | |
MARCH 17TH REPORT:TOP FINTECH VENTURE ROUNDS
IN THE NEWS...
RECENT DEALS
Period: 03/4/2021 - 03/17/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of March 17, 2021 | ||||||
| BlockChyp | Series A | $2,000,000 | Blockchain/Crypto | -- | March 1, 2021 | |
| Finny | Pre-Seed | -- | Personal Finance | -- | March 1, 2021 | |
| Hardbacon | Equity Crowdfunding | $1,166,400 | Personal Finance | -- | March 1, 2021 | |
| MyMarkit | Seed | -- | Blockchain/Crypto | Halogen Ventures | March 1, 2021 | |
| Unchained Capital | Seed | $5,500,000 | Blockchain/Crypto | NYDIG | March 1, 2021 | |
| PayGround | Seed | $3,500,000 | Payments/Billing | Triventures | March 2, 2021 | |
| Stoovo | Seed | -- | Personal Finance | Watertower Ventures | March 2, 2021 | |
| FutureFuel.io | Series A | $10,000,000 | Lending | UBS | March 3, 2021 | |
| Flywire | Series F | $60,000,000 | Payments/Billing | Whale Rock Capital Management | March 4, 2021 | |
| Fundraise Up | Series A | $11,994,393 | Capital Markets | -- | March 4, 2021 | |
| leysi | Pre-Seed | $100,000 | Personal Finance | -- | March 4, 2021 | |
| Stockal | Seed | $1,000,000 | Wealth Management | ScaleX Partners | March 4, 2021 | |
| CoinSmart | Seed | CAD 4,500,000 | Blockchain/Crypto | -- | March 5, 2021 | |
| ComFreight | Venture - Series Unknown | $1,500,000 | Payments/Billing | -- | March 5, 2021 | |
| Eco | Series A | $26,000,000 | Blockchain/Crypto | a16z crypto | March 5, 2021 | |
| Flourish Savings | Venture - Series Unknown | $1,500,000 | Personal Finance | Canary | March 5, 2021 | |
| Transactly | Convertible Note | $3,000,000 | Mortgage/Real estate | -- | March 5, 2021 | |
| AeroPay | Venture - Series Unknown | $5,000,000 | Payments/Billing | Chicago Ventures | March 8, 2021 | |
| AgentSync | Series A | $25,000,000 | InsurTech | Craft Ventures | March 8, 2021 | |
| Flowcast | Venture - Series Unknown | $3,000,000 | Lending | ING Ventures | March 8, 2021 | |
| InterPrice Technologies | Seed | $2,500,000 | Business Intelligence | Bowery Capital | March 8, 2021 | |
| MainStreet | Series A | $60,000,000 | RegTech | SignalFire | March 8, 2021 | |
| NYDIG | Venture - Series Unknown | $200,000,000 | Blockchain/Crypto | FS Investments | March 8, 2021 | |
| Cedar | Series D | $200,000,000 | Payments/Billing | Tiger Global Management | March 9, 2021 | |
| Cube | Series A | $10,000,000 | Business Intelligence | Mayfield Fund | March 9, 2021 | |
| Flutterwave | Series C | $170,000,000 | Core Technology | Tiger Global Management | March 9, 2021 | |
| M1 Finance | Series D | $75,000,000 | Digital Banking | Coatue | March 9, 2021 | |
| MobileCoin | Series A | $11,350,000 | Blockchain/Crypto | General Catalyst | March 9, 2021 | |
| Pipe | Series A | $50,000,000 | Capital Markets | Next47 | March 9, 2021 | |
| Wrapbook | Series A | $27,000,000 | InsurTech | Andreessen Horowitz | March 9, 2021 | |
| Zeni | Series A | $11,500,000 | Business Intelligence | Saama Capital | March 9, 2021 | |
| Cheese | Seed | $3,600,000 | Digital Banking | Amplify.LA | March 10, 2021 | |
| Corvus Insurance | Series C | $100,000,000 | InsurTech | Insight Partners | March 10, 2021 | |
| AcreTrader | Series A | $12,000,000 | Wealth Management | Jump Capital | March 11, 2021 | |
| Alt | Series A | $31,000,000 | Wealth Management | Seven Seven Six | March 11, 2021 | |
| Autobooks | Series B | $25,000,000 | Payments/Billing | MissionOG | March 11, 2021 | |
| BlockFi | Series D | $350,000,000 | Blockchain/Crypto | Bain Capital Ventures | March 11, 2021 | |
| Cowbell Cyber | Series A | $20,300,000 | InsurTech | Brewer Lane Ventures | March 11, 2021 | |
| Hi Marley | Series B | $25,000,000 | InsurTech | Emergence | March 11, 2021 | |
| KOHO Financial | Series C | CAD 50,000,000 | Digital Banking | TTV Capital | March 11, 2021 | |
| Occupier | Seed | $5,000,000 | Mortgage/Real estate | Alate Partners | March 11, 2021 | |
| River Financial | Series A | $12,000,000 | Blockchain/Crypto | Goldcrest Capital | March 11, 2021 | |
| GloveBox | Seed | $3,000,000 | InsurTech | Prelude Fund | March 12, 2021 | |
| JetClosing | Series B | $11,000,000 | Mortgage/Real estate | -- | March 12, 2021 | |
| Stripe | Series H | $600,000,000 | Payments/Billing | Sequoia Capital | March 14, 2021 | |
| Trust Stamp | Series A | $1,000,000 | Cyber/Fraud | -- | March 15, 2021 | |
| upSWOT | Seed | $4,300,000 | Digital Banking | -- | March 15, 2021 | |
MARCH 3RD REPORT:TOP FINTECH VENTURE ROUNDS
Our latest funding report includes 30+ FinTech deals, but we also want to take a peek at deals not yet on your radar. Venture funding may be a leading indicator of future partnerships or hiring, but it’s a lagging indicator of sub-sectors and trends.
The venture capital machine Techstars recently invested in a staggering 120 startups, of which 18 are working in FinTech.
Demo day is a lagging indicator. Get 'em while they're hot 
On a mission to solve the 1.6 trillion dollar student debt crisis, refinancing student loans with debt-free income share agreements.Sub-sector: Lending HQ: Tampa, FL, USA |
Digital Experience Platform for Banks and Financial Institutions to fast track their digital journeys.Sub-sector: Core Technology HQ: Dublin, CA, USA |
InsureTech platform offering a SaaS medical claim management and financing platform all in one.Sub-sector: InsurTech HQ: Dubai, UAE |
Digital Financial Services For International Students.Sub-sector: Lending HQ: Hyderabad, India |
Replaces conventional card payment terminals.Sub-sector: Payments HQ: London, UK |
Neobank for the global diaspora.Sub-sector: Digital Banking HQ: London, England, GB |
Enables organizations to quickly verify and pay out funds to people in financial hardship.Sub-sector: Personal Finance HQ: London, England, GB |
Building relationships powered by equity investments.Sub-sector: Personal Finance/Capital Markets Venn HQ: Chicago, IL, USA |
Go beyond the paycheck for your team, with the best financial support available.Sub-sector: Personal Finance HQ: London, England, GB |
Building better financial and career services for people in healthcare, starting with income share agreements for student financing.Sub-sector: Personal Finance/Capital Markets Venn HQ: Oklahoma City, OK, USA |
A data platform that enables financial advisors and asset managers to understand non-financial values of their clients, and align assets accordingly.Sub-sector: Wealth Management HQ: Los Angeles, CA, USA |
A flexible data & analytics platform that automates the development, deployment, and support of enterprise DS and ML applications.Sub-sector: Core Technologies HQ: Old Tappan, NJ, USA |
A CRM and fundraising platform for non-profits so that they can run their operations more effectively.Sub-sector: Payments HQ: Richmond, VA, USA |
A platform for enterprise product teams to explore, test, procure, and integrate 3rd party AI algorithms.Sub-sector: Capital Markets HQ: New York, NY, USA |
Machine learning to produce the next generation of financial data for the bond market.Sub-sector: Capital Markets HQ: Toronto, ON, CA |
A tax preparation software and practice management platform for CPA firms that utilizes AI to create tax returns and accurate, real-time estimates.Sub-sector: Business Intelligence HQ: Rapid City, SD, USA |
A platform for corporations to do Environmental, Social and Governance (ESG) reporting, data management and analytics.Sub-sector: Business Intelligence HQ: London, England, GB |
A financial wellness app that creates personalized payment plans for individuals who want to free themselves of credit card debt.Sub-sector: Personal Finance HQ: Brooklyn, USA |
IN THE NEWS...
RECENT DEALS
Period: 02/17/2021 - 03/03/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of March 3, 2021 | ||||||
| Finaloop | Pre-Seed | -- | Core Technology | Axon Ventures | February 15, 2021 | |
| XCLAIM | Seed | $6,600,000 | Lending | -- | February 15, 2021 | |
| Citadel - Payroll APIs | Seed | $3,500,000 | Core Technology | Abstract Ventures | February 16, 2021 | |
| Pawlicy Advisor | Series A | $6,500,000 | InsurTech | Rho Capital Partners | February 16, 2021 | |
| Rheaply | Series A | $8,000,000 | Business Intelligence | High Alpha | February 16, 2021 | |
| Titan | Series A | $12,500,000 | Wealth Management | General Catalyst | February 16, 2021 | |
| Kalshi | Series A | $30,000,000 | Capital Markets | Sequoia Capital | February 17, 2021 | |
| Gravy | Series A | $4,500,000 | Payments/Billing | Arlington Family Offices | February 17, 2021 | |
| Paerpay | Pre-Seed | -- | Payments/Billing | Chingona Ventures | February 17, 2021 | |
| Carefull | Seed | $3,200,000 | Personal Finance | Bessemer Venture Partners | February 17, 2021 | |
| Public.com | Series D | $220,000,000 | Wealth Management | Greycroft | February 17, 2021 | |
| Quadency | Seed | $100,000 | Blockchain/Crypto | Dash Investment Foundation | February 18, 2021 | |
| KindHealth | Venture - Series Unknown | $4,000,000 | InsurTech | -- | February 18, 2021 | |
| Promise | Series A | $20,000,000 | Payments/Billing | Kapor Capital | February 18, 2021 | |
| Allocations | Venture - Series Unknown | $1,000,000 | Capital Markets | Helios Capital | February 19, 2021 | |
| Circulo Health | Series A | $50,000,000 | InsurTech | Drive Capital | February 19, 2021 | |
| Yuansfer | Seed | $3,000,000 | Payments/Billing | 37 Angels | February 19, 2021 | |
| Banks Best Rates | Seed | $155,000 | Personal Finance | Dave Goodman | February 20, 2021 | |
| EquityBee | Series A | $20,000,000 | Capital Markets | Group 11 | February 22, 2021 | |
| Flueid | Series A | -- | InsurTech | Aquiline Technology Growth | February 22, 2021 | |
| Borrowell | Series C | CAD25,000,000 | Lending | BDC Capital | February 22, 2021 | |
| Koffie Labs | Seed | $3,000,000 | InsurTech | Lerer Hippeau | February 23, 2021 | |
| BeSmartee | Venture - Series Unknown | -- | Lending | M33 Growth | February 23, 2021 | |
| Wisetack | Venture - Series Unknown | $19,000,000 | Lending | Bain Capital Ventures | February 23, 2021 | |
| Episode Six | Series B | $30,000,000 | Payments/Billing | Anthos Capital | February 23, 2021 | |
| FundGuard | Series A | $12,000,000 | Wealth Management | Blumberg Capital | February 23, 2021 | |
| PureStream Trading Technologies | Series A | $14,000,000 | Capital Markets | Nasdaq Ventures | February 24, 2021 | |
| EarnUp | Series B | $25,000,000 | Lending | Bain Capital Ventures | February 24, 2021 | |
| Anchorage | Series C | $80,000,000 | Blockchain/Crypto | GIC | February 25, 2021 | |
| Stori Card | Series B | $32,500,000 | Digital Banking | Lightspeed Venture Partners | February 25, 2021 | |
| First Boulevard | Seed | $5,000,000 | Digital Banking | Anthemis Group | February 26, 2021 | |
| Axonius | Series D | $100,000,000 | Cyber/Fraud | Stripes | March 1, 2021 | |
| QUASH.AI | Seed | -- | Lending | -- | March 1, 2021 | |
FEBRUARY 17TH REPORT:TOP FINTECH VENTURE ROUNDS
We begin our weekly roundup with a first-in-FinTech experience sure to wow! you out of those COVID blues: pick six lucky numbers and you could win millions.
Alas, this is not an advertisement for your local lotto but a VC-backed FinTech adventure called Millions.app. The age of lotto FinTech has dawned with this stealthy startup “gamifying altruism through social media” having just landed $3M in seed funding. The Empire brain trust continues to tussle with the exact classification of this scheme: Is it wealth? Is it personal finance? Or is it just some combination of gaming or gambling? If it is the latter, the now disingenuously named Robinhood trading app may well be a gaming company. ($GME to the moon.)
On to the recent funding rounds. Our lucky numbers selection this week is Cincinnati-based Coterie Insurance. The team has another $11.5M to continue to tackle commercial insurance with an API-based approach. Later stage deals and pouring one out for our Cap Mkts homies, NYC-based Axoni, landed $31M in funding from big-name capital behemoths such as Citi, Goldman Sachs, and JPMorgan. While your crypto-investments skyrocket, these folks are using the underlying distributed ledger technology (DLT) to reimagine financial market infrastructure. Personally, I’ve been somewhat surprised by the balance-sheet strategy here. Last up, wealth management firm Human Interest and its $55M Series C. The firm is headquartered in San Francisco and works tirelessly to help SMBs with 401(k)s and other employee retirement investments.
IN THE NEWS...
RECENT DEALS
Period: 02/03/2021 - 02/17/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of February 17, 2021 | ||||||
| Axoni | Series B | $31,000,000 | Capital Markets | Deutsche Bank | February 1, 2021 | |
| Buy It Mobility | Venture - Series Unknown | $3,873,066 | Payments/Billing | -- | February 1, 2021 | |
| Cultivo | Venture - Series Unknown | $1,358,984 | Wealth Management | -- | February 1, 2021 | |
| Quantifind | Venture - Series Unknown | $22,000,000 | RegTech | In-Q-Tel | February 1, 2021 | |
| Millions | Seed | $3,000,000 | Personal Finance | 8VC | February 2, 2021 | |
| Routefusion | Seed | $3,600,000 | Payments/Billing | Silverton Partners | February 2, 2021 | |
| TrustLayer | Seed | $6,600,000 | InsurTech | Abstract Ventures | February 2, 2021 | |
| Kountable Inc. | Series A | -- | Other | Lateral Capital | February 2, 2021 | |
| Narmi | Series A | $20,400,000 | Core Technology | New Enterprise Associates | February 2, 2021 | |
| Valon Technologies | Series A | $50,000,000 | Mortgage/Real estate | Andreessen Horowitz | February 2, 2021 | |
| Dealer Policy | Series B | $30,000,000 | InsurTech | 3L Capital | February 2, 2021 | |
| Clarity AI | Venture - Series Unknown | $24,000,004 | Wealth Management | -- | February 2, 2021 | |
| Casa | Seed | $4,000,000 | Blockchain/Crypto | Avon Ventures | February 3, 2021 | |
| Crush Capital | Seed | $3,250,000 | Wealth Management | Arlan Hamilton | February 3, 2021 | |
| Rarible | Seed | $1,750,000 | Blockchain/Crypto | 1kx | February 3, 2021 | |
| Rightfoot | Seed | $5,000,000 | Personal Finance | Bain Capital Ventures | February 3, 2021 | |
| Opyn | Series A | $6,700,000 | Blockchain/Crypto | Paradigm | February 3, 2021 | |
| LeaseLock | Series B | $52,000,000 | InsurTech | Westerly Winds | February 3, 2021 | |
| Stash | Series G | $125,000,000 | Wealth Management | Eldridge | February 3, 2021 | |
| Eusoh | Venture - Series Unknown | $1,300,000 | InsurTech | -- | February 3, 2021 | |
| CredCompare | Seed | -- | Lending | ATOORO FUND | February 4, 2021 | |
| Vested Finance | Seed | $3,600,000 | Wealth Management | Venture Catalysts | February 4, 2021 | |
| Built Technologies | Series C | $88,000,000 | Lending | Addition | February 4, 2021 | |
| ShelterZoom | Venture - Series Unknown | $4,580,244 | Blockchain/Crypto | -- | February 4, 2021 | |
| Coterie Insurance | Series A | $11,500,000 | InsurTech | Intact Ventures | February 5, 2021 | |
| Ledn | Seed | $2,700,000 | Wealth Management | Global Founders Capital | February 8, 2021 | |
| Zeta | Pre-Seed | $1,500,000 | Digital Banking | Deciens Capital | February 9, 2021 | |
| Symend | Series B | CAD54,000,000 | Personal Finance | Inovia Capital | February 9, 2021 | |
| Equal Ventures | Venture - Series Unknown | $15,000,000 | InsurTech | -- | February 9, 2021 | |
| Fair Fintech | Venture - Series Unknown | $20,000,000 | Digital Banking | -- | February 9, 2021 | |
| Mesh Payments | Venture - Series Unknown | $13,000,000 | Payments/Billing | TLV Partners | February 9, 2021 | |
| Level | Pre-Seed | $1,500,000 | Lending | NextView Ventures | February 10, 2021 | |
| Marble | Seed | $2,500,000 | InsurTech | Fintech Ventures Fund | February 10, 2021 | |
| TomoCredit | Seed | $7,000,000 | Lending | BAM Ventures | February 10, 2021 | |
| SoLo Funds | Series A | $10,000,000 | Lending | ACME Capital | February 10, 2021 | |
| NYMBUS | Series C | $53,000,000 | Core Technology | Insight Partners | February 10, 2021 | |
| Celo | Venture - Series Unknown | $20,000,000 | Payments/Billing | Andreessen Horowitz | February 10, 2021 | |
| Fraction | Venture - Series Unknown | CAD289,000,000 | Lending | Impression Ventures | February 10, 2021 | |
| Purpose Financial | Venture - Series Unknown | $53,500,000 | Wealth Management | Allianz X | February 10, 2021 | |
| PayZen | Seed | $5,000,000 | Payments/Billing | Picus Capital | February 11, 2021 | |
| Capitalize | Series A | $12,500,000 | Personal Finance | Canapi Ventures | February 11, 2021 | |
| UpEquity | Series A | $7,500,000 | Mortgage/Real estate | Next Coast Ventures | February 11, 2021 | |
| Human Interest | Series C | $55,000,000 | Wealth Management | Glynn Capital Management | February 11, 2021 | |
| CryptiSwap | Pre-Seed | $65,000 | Blockchain/Crypto | -- | February 13, 2021 | |
| Briza.io | Series A | $8,000,000 | InsurTech | -- | February 14, 2021 | |
FEBRUARY 2ND REPORT:TOP FINTECH VENTURE ROUNDS
This week’s magic number is 1.7 – one billion, seven hundred million dollars in total funding flooding into the wide world of FinTech. Lending in Q1 is off to an especially active start. Let’s hit the list to see which startups are making waves.
New York-based startup Instnt, having lost a key vowel, has managed to find that sneaky letter at the end of a Series funding round. The $7M-and-change Series A is powering this core tech/fraud company. Fun fact: In a previous work-life iteration, Instnt CEO and Founder Sunil Madhu was CEO and Founder of an Empire alum and crowd favorite, Socure. Sunil, cheers to you old sport!
Digital Banking is a hot ticket that was given a boost by COVID-19 and the transition to Zoom-life. Yotta Savings is another innovator in the space, offering free savings accounts and other goodies. This startup pulled in a $13m Series A raise just months after closing a Seed round. Lead investor for this most-recent round, Base10 Partners, must have been wowed by Yotta’s Q4 2020 growth numbers. Oh, and before we forget, do take a minute to check out the recent Forbes article on the work these fine folks are doing.
Our secretive seed this week comes in the form of Pontoro, a capital markets FinTech on a mission to transform infrastructure financing. This involves creating “custom portfolios of infrastructure assets within its tokenization platform and facilitate bi-lateral liquidity among participants”. Two interesting developments worth noting. 1) The startup is now Techstars-backed, and 2) They are backed by the Abu Dhabi program, which highlights how FinTech and digitization are growing in the Middle East.
IN THE NEWS...
RECENT DEALS
Period: 01/18/2021 - 02/02/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of February 2, 2021 | ||||||
| Yuansfer | Seed | -- | Payments/Billing | Moayed Almoayed | January 3, 2021 | |
| Ntropy Network | Seed | $3,239,998 | Payments/Billing | -- | January 8, 2021 | |
| Pontoro | Seed | Capital Markets | Franklin Templeton Investments | January 8, 2021 | ||
| CarrotFi | Seed | $100,000 | Mortgage/Real estate | Entrepreneurs Roundtable Accelerator | January 11, 2021 | |
| FeeBelly | Pre-Seed | $200,000 | Personal Finance | -- | January 11, 2021 | |
| Imprint | Venture - Series Unknown | $14,000,773 | Payments/Billing | -- | January 11, 2021 | |
| PolySign | Venture - Series Unknown | $7,700,000 | Capital Markets | -- | January 11, 2021 | |
| Instnt | Series A | $7,024,254 | Core Technology | -- | January 12, 2021 | |
| Loop | Seed | $3,250,000 | InsurTech | Freestyle Capital | January 13, 2021 | |
| Clarity AI | Venture - Series Unknown | Wealth Management | BlackRock | January 14, 2021 | ||
| Home Lending Pal | Seed | $900,000 | Mortgage/Real estate | Bluewave Investment Partners | January 15, 2021 | |
| Apiture | Venture - Series Unknown | $10,000,000 | Core Technology | Bankers Healthcare Group | January 19, 2021 | |
| Arbol | Series A | $7,000,000 | InsurTech | Mubadala Capital | January 19, 2021 | |
| Axela Technologies | Series A | $10,000,000 | Payments/Billing | Blueprint Equity | January 19, 2021 | |
| Brigit | Series A | $35,000,000 | Personal Finance | Lightspeed Venture Partners | January 19, 2021 | |
| Spinwheel | Seed | $3,649,999 | Lending | -- | January 19, 2021 | |
| Trovata | Series A | $20,000,000 | Capital Markets | Wells Fargo Strategic Capital, Inc. | January 19, 2021 | |
| Flaist | Pre-Seed | Core Technology | Techstars Hub71 | January 20, 2021 | ||
| MotoRefi | Series A | $10,000,000 | Lending | Moderne Ventures | January 22, 2021 | |
| Parkside | Series A | $24,000,000 | Capital Markets | -- | January 22, 2021 | |
| SafetyWing | Series A | $8,000,000 | InsurTech | Creandum | January 22, 2021 | |
| CrowdfundNC | Seed | $1,500,000 | Capital Markets | -- | January 25, 2021 | |
| Goalsetter | Seed | $3,900,000 | Digital Banking | Astia | January 25, 2021 | |
| Melio | Series C | $110,000,000 | Payments/Billing | Coatue | January 25, 2021 | |
| Paymerang | Venture - Series Unknown | $10,000,000 | Payments/Billing | Aldrich Capital Partners | January 25, 2021 | |
| Print Financial | Seed | $2,000 | Lending | -- | January 25, 2021 | |
| Albert | Series C | $100,000,000 | Personal Finance | General Atlantic | January 26, 2021 | |
| Bbot | Seed | $4,000,000 | Payments/Billing | Rally Ventures | January 26, 2021 | |
| dYdX | Series B | $10,000,000 | Blockchain/Crypto | Defiance Capital | January 26, 2021 | |
| Joshu | Seed | $3,700,000 | InsurTech | Blumberg Capital | January 26, 2021 | |
| MPOWER Financing | Venture - Series Unknown | $25,000,000 | Lending | Tilden Park Capital Management LP | January 26, 2021 | |
| Pilot | Series C | $60,000,000 | Business Intelligence | Sequoia Capital | January 26, 2021 | |
| Roostify | Series C | $32,000,000 | Lending | Ten Coves Capital | January 26, 2021 | |
| Sidecar Health | Series C | $125,000,000 | InsurTech | Drive Capital | January 26, 2021 | |
| Wyre | Venture - Series Unknown | $7,500,000 | Payments/Billing | Stellar Development Foundation | January 26, 2021 | |
| Check Technologies | Series B | $35,000,000 | Core Technology | Thrive Capital | January 27, 2021 | |
| Doorvest | Seed | $2,500,000 | Mortgage/Real estate | Mucker Capital | January 27, 2021 | |
| MainStreet | Venture - Series Unknown | RegTech | SignalFire | January 27, 2021 | ||
| Milo | Seed | $6,000,000 | Lending | QED Investors | January 27, 2021 | |
| Abound | Seed | $6,000,000 | Business Intelligence | Point72 Ventures | January 28, 2021 | |
| Aspiration | Venture - Series Unknown | $50,000,000 | Digital Banking | FootPrint Coalition | January 28, 2021 | |
| Yotta Savings | Series A | $13,200,000 | Digital Banking | Base10 Partners | January 28, 2021 | |
| Robinhood | Venture - Series Unknown | $1,000,000,000 | Wealth Management | Sequoia Capital | January 29, 2021 | |
JANUARY 17TH REPORT:TOP FINTECH VENTURE ROUNDS
Historically, Q1 is the busiest time of the year for FinTech fundraising. We have a paltry ~30 deals so far this year – did everyone get the memo?
A quick glance at the sub-sectors in our list this week shows two curious outliers: wealth management and personal finance. The Empire Brain Trust isn’t surprised, given firms began to re-evaluate partners in light of the increasing shift-to-digital brought on by pandemic restrictions globally. Consumers followed suit, shifting to digital banks for a host of reasons – rapid access to stimulus funds being one compelling reason.
With the above, we offer one prediction for 2021: partner re-evaluation continues for the foreseeable future and so venture capitalists place bigger bets. Now onto the show.
In light of the rapid rise of Bitcoin over the past month, we begin this week with a nod to crypto- and blockchain-enthusiasts in the crowd. Our list features two venture rounds and one Series A from FinTech startups pioneering the space. Our Series A belongs to LA-based Arca, a financial services firm focusing on crypto-assets and blockchain investments. The $10M Series A was led by venture capital firm RRE Ventures, known for having backed some noteworthy names: Venmo, BuzzFeed, and NerdWallet, to name a few.
Before we leave you, let’s conclude with two select seed rounds. Personal Finance startup Secure landed $3.5M to help employers build out emergency savings accounts (ESAs) for employees. The company is tackling a problem COVID-19 has only made worse: financial stress caused by unexpected expenses. In the real estate space, we have LEX Markets. The company secured $6M aiming to make investing in commercial real estate public through single-asset IPOs.
IN THE NEWS...
RECENT DEALS
Period: 01/04/2021 - 01/17/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of January 17, 2021 | ||||||
| BusyKid | Seed | $800,000 | Personal Finance | -- | January 4, 2021 | |
| Diligend | Seed | $1,300,000 | Capital Markets | -- | January 4, 2021 | |
| Periculum | Pre-Seed | -- | Lending | -- | January 4, 2021 | |
| Divvy | Series D | $165,000,000 | Payments/Billing | PayPal Ventures | January 5, 2021 | |
| Miventure | Seed | $439,000 | Wealth Management | -- | January 5, 2021 | |
| PredictAP | Venture - Series Unknown | $2,765,000 | Payments/Billing | -- | January 5, 2021 | |
| SimpleNexus | Series B | $108,000,000 | Mortgage/Real estate | Insight Partners | January 5, 2021 | |
| Capitalize | Series A | $12,271,417 | Personal Finance | -- | January 6, 2021 | |
| Groundspeed Analytics | Series C | -- | InsurTech | Insight Partners | January 6, 2021 | |
| Levo Financial | Pre-Seed | $400,000 | Digital Banking | -- | January 6, 2021 | |
| Apollo Insurance | Series A | $13,500,000 | InsurTech | Gravitas Securities | January 7, 2021 | |
| Carpay | Series A | $6,500,000 | Lending | Autotech Ventures | January 7, 2021 | |
| Predictive Trading Systems | Seed | $333,089 | Capital Markets | -- | January 7, 2021 | |
| PrefLogic | Venture - Series Unknown | $1,310,000 | Wealth Management | -- | January 7, 2021 | |
| SoFi | Venture - Series Unknown | $369,840,376 | Digital Banking | -- | January 7, 2021 | |
| Xiggit | Pre-Seed | $125,000 | Personal Finance | -- | January 9, 2021 | |
| Altruist | Venture - Series Unknown | -- | Wealth Management | Venrock | January 11, 2021 | |
| Jassby | Venture - Series Unknown | $2,900,000 | Blockchain/Crypto | SeedInvest | January 11, 2021 | |
| Brace | Series B | $15,700,000 | Mortgage/Real estate | Canvas Ventures | January 12, 2021 | |
| dv01 | Series B | $6,000,000 | Capital Markets | Pivot Investment Partners | January 12, 2021 | |
| Modern Treasury | Series B | $38,000,000 | Payments/Billing | Altimeter Capital | January 12, 2021 | |
| Arca | Series A | $10,000,000 | Blockchain/Crypto | RRE Ventures | January 13, 2021 | |
| Blend | Series G | $300,000,000 | Lending | Coatue | January 13, 2021 | |
| LEX Markets | Seed | $6,000,000 | Mortgage/Real estate | Inertia Ventures | January 13, 2021 | |
| MX Technologies | Series C | $300,000,000 | Core Technology | TPG | January 13, 2021 | |
| Rho Business Banking | Series A | $15,000,000 | Digital Banking | M13 | January 13, 2021 | |
| Secure | Seed | $3,500,000 | Personal Finance | SeaChange | January 13, 2021 | |
| Bookkeeper360 | Seed | $1,000,000 | Business Intelligence | -- | January 14, 2021 | |
| Own Up | Series B | $12,000,000 | Lending | Brand Foundry Ventures | January 14, 2021 | |
| Prometheum | Venture - Series Unknown | $15,000,000 | Blockchain/Crypto | -- | January 14, 2021 | |
| X1 Card | Venture - Series Unknown | $12,000,000 | Lending | Spark Capital | January 14, 2021 | |
JANUARY 3RD REPORT:TOP FINTECH VENTURE ROUNDS
We made it – 2021 is here. And with this new year comes a rapidly evolving venture funding situation in FinTech. A first major trend is the influx of capital at Series A. Early-stage investment firms, such as QED Investors and Coatue, have both played king-maker in 2020. In Q4 of 2020, QED filled the coffers of Provide with a $34M Series A. That same quarter, Coatue raised a king’s ransom for both Ramp ($34M) and Gorillas ($44M) Series A funding rounds.
This brings up a second point. Series A funding rounds averaged $8.6M in 2020 nationally. Our question: Can businesses move fast enough to catch up to the valuations from these funding rounds? As Series A funding rounds continue to grow, a chasm is created between Series A and seed rounds. We may need to consider a new round name. Seed extensions doesn’t sound quite right. Maybe, seed-plus? Food for thought.
In the spirit of a dawning new year, we are focusing on those just-blossoming companies at the seed stage. Our list this week comes packed with eight seedlings, of which we’ve selected three.
The FinTech lending startup TradeUp out of Y Combinator in Q1 of 2020. Three quarters later the company announced a $4M-and-change seed round. The company is following the path-of-most-disruption in the student loan market, and offers income share agreements (ISAs) to those training for a new career. Umba, a digital bank made for Africa, landed a recent $2M seed round. The bank operates in Kenya and Nigeria, and will likely capitalize on the worldwide growth of digital banking. Business intelligence startup XILO raised $2M+ in December 2020, having had two pre-seed rounds earlier in the year. This startup makes a sales and quoting platform for insurance agencies.
IN THE NEWS...
RECENT DEALS
Period: 12/17/2020 - 01/03/2021
| Name | Funding Type | Money Raised | Vertical | Lead Investor | Announced | |
|---|---|---|---|---|---|---|
| Sources: Crunchbase, Empire Startups. Data is current as of January 3, 2021 | ||||||
| NetGiver | Seed | $1,500,000 | Personal Finance | -- | December 14, 2020 | |
| Self Financial | Series D | $40,000,000 | Lending | Meritech Capital Partners | December 15, 2020 | |
| Vise | Series B | $45,000,000 | Wealth Management | Sequoia Capital | December 15, 2020 | |
| Provide | Series A | $34,000,000 | Digital Banking | QED Investors | December 15, 2020 | |
| Conio | Series B | $14,000,000 | Blockchain/Crypto | Banca Generali | December 15, 2020 | |
| Paxos | Series C | $142,000,000 | Blockchain/Crypto | Declaration Partners | December 16, 2020 | |
| Bestow | Series C | $70,000,000 | InsurTech | Valar Ventures | December 16, 2020 | |
| Neo Financial | Series A | $25,000,000 | Digital Banking | Valar Ventures | December 16, 2020 | |
| Paywoke | Pre-Seed | -- | Core Technology | -- | December 16, 2020 | |
| Oscar Health | Venture - Series Unknown | $140,000,000 | InsurTech | Tiger Global Management | December 17, 2020 | |
| Ramp | Series A | $30,000,000 | Payments/Billing | Coatue | December 17, 2020 | |
| FalconX | Venture - Series Unknown | -- | Blockchain/Crypto | American Express Ventures | December 17, 2020 | |
| Umba | Seed | $2,000,000 | Digital Banking | Act Venture Capital | December 17, 2020 | |
| Openly | Series B | $40,000,000 | InsurTech | Advance Venture Partners | December 17, 2020 | |
| Neat Capital | Series C | $20,499,999 | Mortgage/Real estate | -- | December 17, 2020 | |
| TAP Network | Series A | $4,000,000 | Core Technology | Access Industries | December 18, 2020 | |
| Avenue 8 | Seed | $4,000,000 | Mortgage/Real estate | Craft Ventures | December 18, 2020 | |
| Foresight Risk and Insurance Services | Series A | $20,500,000 | InsurTech | Brick & Mortar Ventures | December 18, 2020 | |
| Very Good Security | Series C | $60,000,000 | Cyber/Fraud | Vertex Ventures | December 18, 2020 | |
| XILO | Seed | $2,040,000 | Business Intelligence | New Stack Ventures | December 18, 2020 | |
| TradeUp | Seed | $4,011,495 | Lending | -- | December 18, 2020 | |
| MIAX New Jersey | Funding Round | $94,924,228 | Capital Markets | -- | December 18, 2020 | |
| Positivly | Seed | $2,500,000 | Wealth Management | The Tifin Group | December 20, 2020 | |
| Bolt | Series C | $75,000,000 | Payments/Billing | General Atlantic | December 21, 2020 | |
| Qualia | Series D | $65,000,000 | Mortgage/Real estate | Tiger Global Management | December 21, 2020 | |
| Perch Credit | Seed | $2,500,000 | Lending | Citigroup | December 21, 2020 | |
| Oxygen | Series A | $17,000,000 | Digital Banking | Runa Capital | December 21, 2020 | |
| LifeRaft | Seed | $3,500,000 | InsurTech | XYZ Venture Capital | December 22, 2020 | |
| Flowcast | Convertible Note | $3,000,000 | Lending | Katalyst.Ventures | December 22, 2020 | |
| Finix Payments | Series B | -- | Payments/Billing | -- | December 23, 2020 | |
| Qoins | Seed | -- | Personal Finance | Partnership Capital Ventures | December 30, 2020 | |
| Periculum | Pre-Seed | -- | Lending | -- | January 4, 2021 | |