Posts Tagged ‘investment’

Crowdcube Touts 19X Returns Generated by Early Investors in Revolut

Long before Revolut became one of the best known names in the digital banking world, Revolut was raising early stage funding on crowdfunding platforms. Their first offering listed on Crowdcube back in July of 2016. Revolut went on to use competitor Seedrs for subsequent rounds but for the investors that decided to speculate on Revolut’s […]

CreditEase Leads Seed Round in Mobile App Blast that Melds Fintech & Gaming, Level Up Your Savings

China based Fintech CreditEase has invested in Blast, a California based startup that is the mobile gamification space led by Acorns founder and Chairman, Walter Cruttenden. The investment was facilitated via CreditEast Fintech Investment Fund – a US $1 billion fund. Other investors in the funding round include several prominent names such as Tony Robbins […]

Marc Andreessen And Chris Dixon Back New Cryptocurrency Investment Firm

Cryptocurrency investment firm Scalar Capital has raised money from new, high-profile investors, including Marc Andreessen and Chris Dixon. After pulling in $8 million in January, the new inflow brings Scalar’s total assets to more than $20 million, according to a person familiar with the matter. Bain Capital Ventures, Coinbase cofounders Brian Armstrong and Fred Ehrsam, […]

U.S. Fintech Investment Reaches $14.2 Billion in First Half of 2018, With $5 Billion in Venture Funding: KPMG Report

Fintech investment in the U.S. reached a new high of over $8 billion in Q2, following a strong first quarter. Total investment during the first half of 2018 increased from $12.2 billion across 371 deals during the second half of 2017, and included more than 10 $100 million+ mega rounds, including insurtechs Oscar and Lemonade, […]

Experian backs personal finance marketplaces CekAja and eCompareMo with $28m injection

Online financial services marketplaces CekAja and eCompareMo are about to get a major upgrade. Their parent company C88 Financial Technologies has just raised US$28 million in a series C round led by global credit-scoring giant Experian. Banks and other financial services providers that sell products through C88’s sites will get access to Experian’s credit-scoring solutions, allowing […]

Microsoft’s M12 joins $12 million funding extension for fintech startup BlueVine

Fintech startup BlueVine has added $12 million to its recently announced series E round of funding, bringing Microsoft’s VC unit M12 onboard alongside the VC arm of finance giant Nationwide. The additional funding brings BlueVine’s total series E round to $72 million, after the company announced an initial $60 million cash injection just two months […]

Irish fintech Transfermate scoops up €21m equity backing from ING

Cross-border business paytech firm Transfermate has announced a €21m investment from ING, in exchange for a minority equity stake in the company. The investment takes Transfermate’s series A fundraising round to a total of €51m, following a €30m raise from Allied Irish Banks at the end of 2017. The tech firm’s series A is dedicated to […]

After Surpassing $1 Billion Payments, Patientco Raises $28M from Accel-KKR

Patientco, a healthcare patient payments platform, has raised a $28 million Series B funding round led by growth-stage fund Accel-KKR; existing investor BlueCross BlueShield Venture Partners/Sandbox Advantage Fund also participated. The Patientco platform automates the administration of payments, freeing up hospital administrators to do more important work, and provides analytics to help healthcare systems build […]

Spice Digital exits fintech startup AnyTimeLoan within seven months

Spice Digital Ltd, a unit of BK Modi group company Spice Mobility Ltd, has exited Luharia Technologies Pvt. Ltd, which runs peer-to-peer lending platform AnyTimeLoan.in, just seven months after investing in the fintech startup. Spice Mobility didn’t specify the amount that it had actually invested or the reason for its exit in a stock-exchange filing. For Spice […]

The 10 most thought-provoking insights from In|Vest

Will AI truly transform wealth management? Should planners use robos into their practices? What’s the best way for advisors to integrate technology? Industry experts touched on these and other burning questions at SourceMedia’s In|Vest 2018 conference, giving financial planners plenty to consider when it comes to digitally transforming their businesses. Financial Planning presents 10 of […]