Deals, Fintech news, Global trendsMay 1, 2016June 5, 2016

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

By Jim Bruene for Finovate

The month of April ended on busy note as 29 companies raised $427 million in the final week (ending April 29). That brought the total raised in April to $7.3 billion, which would have been a record year anytime before 2014.

The previous weekly totals in April:

The total number of deals YTD stands at 438, almost double last year’s 238. Total dollars raised YTD stands at $14.0 billion, 2.5x the $5.6 billion raised during the same period a year ago.

This week, seven deals did not reveal the amount raised including Finovate alumBlueVine which added Citigroup to the $40 million round originally closed last year.

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Fintech deals by size from 23 April to 29 April 2016:

Mosaic
Marketplace lender for residential solor projects
Latest round: $200 million Private Equity
Total raised: $224.9 million
HQ: Oakland, California
Tags: Consumer, lending, credit, underwriting, crowdfunding, peer-to-peer loan marketplace, clean energy, investing, P2P
Source: Crunchbase

Nubank
Digital banking company
Latest round: $56 million Debt (from Goldman Sachs)
Total raised: $154.3 million ($98.3 million Equity, $56 million Debt)
HQ: Sao Paulo, Brazil
Tags: Consumer, deposits, payments, prepaid, debit card, banking, mobile
Source: Crunchbase

Remitly
International payments service
Latest round: $38.5 million Series C
Total raised: $61.5 million
HQ: Seattle, Washington
Tags: Consumer, SMB, remittances, payments, FX, international funds transfers
Source: Crunchbase

bitFlyer
Japanese Bitcoin exchange
Latest round: $27 million Series C
Total raised: $34.4 million
HQ: Tokyo, Japan
Tags: Consumer, payments, bitcoin, blockchain, cyrpto-currency
Source: Crunchbase

Trov
On-demand insurance
Latest round: $25.5 million Series C
Total raised: $37.8 million
HQ: Danville, California
Tags: Consumer, insurance, object insurance, mobile, risk management
Source: FT Partners

SunFunder
Crowdfunding platform for investing in solar projects
Latest round: $17 million Debt
Total raised: $22.82 million ($5.82 milllion Equity, $17 million Debt)
HQ: San Francisco, California
Tags: Consumer, investors, advisers, crowdfunding, equity, clean energy
Source: Crunchbase

E la Carte
Mobile ordering & payments for restuarants
Latest round: $15 million Debt
Total raised: $67.5 million ($52.5 million Equity, $15 million Debt)
HQ: Palo Alto, California
Tags: SMB, B2B2C, payments, point of sale, acquiring, credit/debit cards, merchants
Source: Crunchbase

TranServ
SmartPay payments platform for enterprises
Latest round: $15 million Series C
Total raised: $15+ million
HQ: Mumbai, India
Tags: Enterprise, B2B2C, payments, merchants, APIs, developers
Source: Crunchbase

Lendix
Marketplace small business lending platform
Latest round: $13.5 million Series B
Total raised: $27.1 million
HQ: Paris, France
Tags: SMB, lending, credit, underwriting, crowdfunding, peer-to-peer loan marketplace, investing
Source: Crunchbase

Savedo
Deposit price comparison site
Latest round: $5.6 million Series A
Total raised: $5.6 million
HQ: Berlin, Germany
Tags: Consumer, deposits, investments, price comparison, discovery, investing, lead gen
Source: Crunchbase

GoHenry
Prepaid debit for youth (18 and under)
Latest round: $3.58 million Equity Crowdfunding (Crowdcube)
Total raised: $3.58 million
HQ: Lymigton, England, United Kingdom
Tags: Consumer, youth, debit card, mobile, spending, controls, mobile
Source: Crunchbase

Bitso
Mexican Bitcoin exchange
Latest round: $1.85 million
Total raised: $1.85 million
HQ: Mexico City, Mexico
Tags: Consumer, payments, blockchain, virtual currency, crypto-currency, remittances
Source: Crunchbase

ID Global Solutions
Payment security technology
Latest round: $1.55 million
Total raised: $1.55 million
HQ: Longwood, Florida
Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization
Source: Crunchbase

ClearTax
Income tax service
Latest round: $1.3 million Seed
Total raised: $1.42 million
HQ: New Delhi, India
Tags: Consumer, SMB, accounting, bookkeeping,, tax returns, tax prep
Source: Crunchbase

Impact Health
Health insurance comparison site
Latest round: $1.3 million Seed
Total raised: $1.51 million
HQ: Los Angeles, California
Accelerator: TechStars
Tags: Consumer, insurance, healthcare, discover, price comparison, lead gen
Source: Crunchbase

Rooam
Payment system for bars and nightlife services
Latest round: $1.2 million Seed
Total raised: $1.2 million
HQ: Washington D.C.
Tags: Consumer, SMB, payments, merchants, point of sale, mobile, POS, restaurants, bars
Source: Crunchbase

DreamFunded
Private tech stock market to sell pre-IPO shares
Latest round: $1 million Equity Crowdfunding
Total raised: $1.2 million
HQ: San Francisco, California
Tags: Consumer, investors, employees, HR benefits, stock exchange, investing
Source: Crunchbase

Kasisto
Virtual assistant banking services
Latest round: $1 million
Total raised: $ million
HQ: Burlingame, California
Tags: Enterprise, B2B2C, service, AI, DBS Bank (investor), mobile
Source: FT Partners

Impact Guru
Crowdfunding solution for nonprofits
Latest round: $500,000 Seed
Total raised: $500,000
HQ: Mumbai, India
Accelerator/Incubator: Harvard iLab
Tags: Consumer, payments, crowdfunding, nonprofit, fundraising
Source: Crunchbase

Tramonex
International payment service for small businesses
Latest round: $365,000 Grant
Total raised: $ million
HQ: London, England, United Kingdom
Tags: SMB, payments, cross border, FX, remittances
Source: Crunchbase

CallforLoans
Personal loan comparison site
Latest round: $105,000 Seed
Total raised: $105,000
HQ: India
Tags: Consumer, lending, credit, underwriting, discovery, quotes, lead gen
Source: Crunchbase

Fundwise
Equity crowdfunding platform
Latest round: $34,000 Convertible Note
Total raised: $143,000
HQ: Tallinn, Estonia
Tags: SMB, equity, crowdfunding, peer-to-peer marketplace, investing
Source: Crunchbase

Almax Analytics
AI for capital markets news
Latest round: Undisclosed Seed
Total raised: Unknown
HQ: London, England, United Kingdom
Tags: Investors, advisers, traders, investing, data analytics, information, news
Source: FT Partners

BlueVine
Invoice factoring
Latest round: Undisclosed
Total raised: $64 million
HQ: California
Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum
Source: Finovate

Deposit Rates Exchange
Deposit rates information site
Latest round: Not disclosed
Total raised: Unknown
HQ: Australia
Tags: Consumer, deposits, savings accounts, investing
Source: FT Partners

HireAthena
Accounting, payroll and HR platform for small businesses
Latest round: Not disclosed
Total raised: Unkown
HQ: San Francisco, California
Tags: SMB, human resoures, accounting, billing, payroll, invoicing, bookkeeping, insurance
Source: FT Partners

Nvstr
Social platform for investors
Latest round: Undisclosed Seed
Total raised: Unknown
HQ: New York City
Tags: Consumer, investors, social, mobile
Source: Crunchbase

Parasail
Alt-lender for medical expenses
Latest round: Undisclosed Seed
Total raised: Unknown
HQ: San Francisco, California
Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance
Source: Crunchbase

Pariti Technologies
Mobile spending app
Latest round: Not disclosed
Total raised: Unknown
HQ: London, England, United Kingdom
Tags: Consumer, mobile, spending, budgeting, PFM, personal finance
Source: FT Partners

First appeared at Finovate