Post Tagged with: "funding"

VC Fintech Funding Shrinks in 2016, Especially for Early-Stage

VC Fintech Funding Shrinks in 2016, Especially for Early-Stage

by February 16, 2017 at 5:25 pm 0 comments

Venture capitalists were not buying it last year. Venture capital-backed fintech companies in the U.S. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7 billion (and 459 deals) in 2015 – a 29% drop, according to the Global FintechRead More

Button Begins Move Into Payments to Push M-Commerce Forward

Button Begins Move Into Payments to Push M-Commerce Forward

by January 30, 2017 at 9:51 am 1 comment

The goal of seamless m-commerce between apps is stuck on several factors, but one key hurdle is payments. Startup Button is looking at ways to fix this problem. With $20 million in new funding from Norwest Venture Partners, New York-based Button — which connects the mobile apps of commerce brands such asRead More

China Is No. 1 in Fintech Funding, Citi Says

China Is No. 1 in Fintech Funding, Citi Says

by January 24, 2017 at 2:55 pm 1 comment

Here there be dragons, and they’ve started to rule over unicorns—well, in matters of funding, anyway. According to a new report released by Citigroup on digital disruption, the second of its kind, China has now overtaken the U.S. to claim the No. 1 spot for investments in fintech on a global scale.Read More

Transportation Blows Past Fintech in VC Funding

Transportation Blows Past Fintech in VC Funding

by January 11, 2017 at 10:36 am 0 comments

When it comes to venture funding, the grass is (sometimes) greener in the other sector. The transportation sector enjoyed VC spotlight throughout 2016, while the fintech sector was left in the shadow, according to Global Innovation Investment Report release by Crunchbase. Overall, global VC grew 19% year over year, reachingRead More

New York Seed Investors Stayed Strong in 2016 As Others Stepped Back

New York Seed Investors Stayed Strong in 2016 As Others Stepped Back

by January 9, 2017 at 1:36 pm 2 comments

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies likeRead More

Startups Cotton to Venture Debt as Interest Rates Rise

Startups Cotton to Venture Debt as Interest Rates Rise

by December 20, 2016 at 11:07 am 1 comment

The year 2016 may go down as the year of debt for startups, a new report suggests. Venture capitalist plunged to its lowest levels in two years in the last quarter to $2.4 billion for fintech startups. But founders — especially for fintechs — still needed access to capital. BloombergRead More

Top 3 Fintech Rounds:, Lemonade, MoneyLion, KKday

Top 3 Fintech Rounds:, Lemonade, MoneyLion, KKday

by December 5, 2016 at 11:07 am 0 comments

Fintech funding seems to have picked up steam this week, with home-selling platforms, online insurance carriers, personal finance apps, and e-commerce companies all getting a healthy boost of capital. This brings us to our top five fintech funding rounds of the week: Lemonade It’s the venture funding round we’ve allRead More

Top 3 Fintech Raises: Prevalent Networks, AdvisorEngine, PeerStreet

Top 3 Fintech Raises: Prevalent Networks, AdvisorEngine, PeerStreet

by November 21, 2016 at 3:25 pm 1 comment

A good way to check the current climate in fintech is to see where investors are placing their bets. The top funding rounds this past week dealt with cybersecurity and compliance, investing, and financial advice. This brings us to our top three fintech funding rounds of the week: Prevalent Networks ITRead More

VC Funding, IPOs Expected to Pick Up in 2017 — Will Fintechs Benefit?

VC Funding, IPOs Expected to Pick Up in 2017 — Will Fintechs Benefit?

by October 24, 2016 at 10:22 am 0 comments

Third quarter venture capital fundings continued to fall in the third quarter, but there’s a hint of optimism as the year comes to an end and the market for initial public offerings thaws. According to data from KPMG Enterprise and CB Insights, global financings fell 14% in the third quarter fromRead More

Blockchain-for-Data Company Factom Raises $4.2M

Blockchain-for-Data Company Factom Raises $4.2M

by October 5, 2016 at 9:15 am 1 comment

Some words that should no longer surprise you, because this technology is only growing stronger: in blockchain news, there’s a new player on the block… chain. Doing it, moving on: Blockchain-for-data company Factom Inc. has just raised $4.2M in a Series A, in a round of eleven investors—plus or minusRead More