While it seems as though the unicorn birth rate is declining, investors are still finding fintech enterprises to sink their teeth (and by “teeth” I mean wallets) into, like the five companies below. Our top five fintech raises this week include SaaS companies; e-commerce; crowdfunding for, er, startups; and insuranceRead More
Post Tagged with: "funding"
The newest Pulse of Fintech report by KPMG and CB Insights shows that investment in VC-backed fintech companies and startups fell nearly 50% across the globe, with U.S. investment specifically down 26% from same quarter results last year. The number of deals is also down for the quarter, with mega-round activityRead More
A deep read of OnDeck Capital‘s earnings report yesterday reveals this truth: the company is moving away from marketplace lending. OnDeck is largely ditching funding through marketplace in favor of more traditional sources of capital, such as securitization — no small development considering that OnDeck is a standard bearer of the marketplaceRead More
VC Funds act as intermediary between: – Founders – Limited Partners (LPs = the actual investors) It is normal for intermediaries to be viewed unfavorably and for opaque “clubby” business models to be eventually replaced by networks and software that inject a new level of transparency and efficiency. We haveRead More
What does it really cost to launch a fintech startup today? The question matters, a lot. There is so much capital flowing into fintech now — around $14 billion over the last 12 months, a 46% increase year over year, at last count — that it behooves everyone to considerRead More
By Bernard Lunn I first met Susanne Chishti in October last year when both Daily Fintech and Fintech Circle were little more than “gleams in the eye”. Now both are getting some traction in an exciting market. If you don’t have a vibrant investor ecosystem locally, you may want toRead More
This week’s theme is communities, connections, and crowdfunding. The top fintech rounds last week contained a mild surprise: unlike in previous weeks, the Top 5 was dominated by American companies. Three out of the five venture capital rounds featured here are headquartered in the US, with two based in California, and oneRead More
The Daily Fintech Index is a list of publicly traded Fintech companies ranked by total market cap and by revenue multiple. I include any company where revenue is mostly derived from Fintech. I include VC funded startups as well as companies from an earlier generation (no ageist bias here). I includeRead More
Ribbit Capital filed an amendment to increase the target amount for its new fund to $125 million.
While there seems to be a new fintech startup every day, some of the industry’s expert have been studying and analyzing the market for years now. Which means their opinions matter. Here are eight ideas for fintech startups that leverage that knowledge.