Indian new-age digital banking start-up NiYO Solutions has raised US$ 35 million in Series B funding round from Horizons Ventures, Tencent and existing investor, JS Capital.
The investment will enable RenewBuy to expand into 1000 cities by 2022 Series A investor Amicus Capital also took part in this round The company claims to have over INR 500 Cr in annualised premiums currently Gurugram-based insurance tech startup RenewBuy has secured INR 130 Cr ($19 Mn) in funding from Lok Capital, IIFL AMC and existing investors in a Series B round. Amicus Capital, which had invested INR 60 Cr in RenewBuy during their Series...
Self Lender Raises $10 Million in Series B Funding, Led by Altos Ventures
November 15, 20187 min
Self Lender, a leading fintech startup offering Americans a way to build their credit while also saving money, today announced a $10 million round of Series B financing, led by Altos Ventures, with additional participation from Silverton Partners, Accion Venture Lab and others. The funding will be used for expanding the team, building new products and increasing marketing efforts. According to the Center for Financial Services Innovation, there are approximately 53 million people with no to low credit...
Loomis & SixThirty Invest in Swiss FinTech Startup Sonect
November 12, 20185 min
The Swiss FinTech startup Sonect revealed that cash management specialist Loomis and global FinTech venture fund SixThirty recently invested in the company. Loomis entered into a global partnership with Sonect and will help to accelerate Sonect’s growth with its expertise and large customer-base. Furthermore, Sonect was selected for the SixThirty go-to-market program, receiving yet another recognition of belonging to the most innovative and promising FinTech startups from around the world. These investments follow Sonect’s recent...
BBVA and Anthemis partner to build the next generation of financial services startups
October 18, 201813 min
The partnership paves the way for the development of a startup studio in London, reinforcing BBVA’s strategy to be part of the fintech ecosystem and develop products and services for the new era of digital banking. BBVA today announced a partnership with leading fintech venture investor and builder Anthemis Group (Anthemis) to build a venture creation studio in London. The studio will create value by deploying capital and resources to building businesses that address untapped user...
Dental Healthcare FinTech Startup, BidMySmile, Announces Equity Financing
October 16, 20186 min
Bid Doc, Inc., developers of the BidMySmile platform, a digital marketplace that connects qualified patients with orthodontic specialists, announced this week that it has closed a seed-round of equity financing. This transaction represents the company’s first outside capital. It was previously financed exclusively by its founders. “The proceeds from this investment will be used entirely for marketing and creating awareness to drive online traffic,”reported Greg Pellegrom, CEO. He added, “We have experienced a level of success in our pilot...
Another Top Wall Street Executive Leaves for Blockchain Fintech Startup
October 15, 20185 min
Ann LaCarrubba, former AmEx & Blackstone executive, joins Celsius Network as General Counsel and Chief Compliance Officer Celsius Network, a blockchain-based borrowing and lending platform announced today that Ann LaCarrubba has joined the team as their General Counsel and Chief Compliance Officer. Ann has over 20 years of legal, compliance and governance experience at financial services companies and has worked in senior roles at American Express, Merlon Intelligence and with the Blackstone Group. “Ann is an incredible...
Fintech Europe Selects 10 Startups for its Second Batch
October 8, 20187 min
Fintech Europe, Plug and Play’s fintech-focused innovation platform based out of Frankfurt, Germany, announced today the 10 startups selected for its second batch. This platform, in partnership with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, Aareal Bank, DZ Bank and Danske Bank, runs a 12-week accelerator twice a year with startups chosen both locally and globally. After screening over 230 applicants, the final selection of 10 startups have been accepted into Fintech Europe, which aims to...