This Week in Fintech (7/30)

This Week in Fintech (7/30)

Hello Fintech Friends,

We’re hosting our 2022 Lagos Fintech Meetup at Bayroot Bar & Lounge on Thursday, August 25th. Come join us, pick up your ticket here.

Please find another week of fintech financing events below.

If you’re an early-stage startup founder raising equity or debt, we may be able to help - come check out our fund, The Fintech Fund (including a link to pitch us) and see our primer on how we make introductions to friendly VCs and debt providers.

Are you a fintech angel investor? Come join our syndicate.

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If you’re looking to hire from a group of 10,000+ smart, motivated fintech professionals, come pick up a Collective Pass and post a job here.

If you’re looking for your next adventure at one of the best fintech companies, check out the open roles here and sign up to be matched with Fintech companies here!

💸 Venture Financing

FT Partners released their newest quarterly overview of the fintech market, across M&A, exits, and VC rounds.

  1. Balance, a US and Israeli e-commerce payments company and B2B marketplace, raised a $56 million Series B.
  2. Shares, a social investing app, raised a $40 million Series B.
  3. PriceLabs, a pricing tool for real estate and rental investment portfolios, raised $30 million.
  4. Hashflow, a digital currency pricing engine and decentralized exchange, raised $25 million at a $400 million valuation.
  5. Genesis Global, a low-code application development platform for financial markets, raised $20 million from strategic investors Bank of America, BNY Mellon and Citi (following a $200 million Series C in February).
  6. MenuSifu, a restaurant point-of-sale payment system, raised a $20 million Series B.
  7. Dbank, a Pakistani neobank and credit provider, raised a $17.6 million seed round.
  8. Pogo, a financial app billing itself as “Honey for the real world,” raised $14.8 million in seed funding.
  9. Nada, a real estate fintech provider, raised an $8.1 million seed round.
  10. Bunch, a German back-end private investing startup, raised €7.3 million in seed funding.
  11. Quasar Finance, a decentralized finance protocol, raised $6 million.
  12. Atato, a digital asset custodian, raised a $6 million Series A.
  13. Guava, a banking and networking platform for black entrepreneurs, raised a $2.4 million pre-seed.
  14. Copper, a crypto custody solution for institutions, raised strategic funding from Barclays Bank at a $2 billion valuation.
  15. Kettel Homes, a rent-to-own provider for first-time buyers, raised strategic funding from Nationwide.
  16. FinLync, a corporate finance and treasury provider, raised strategic investment from Workday.
  17. FTX, the crypto exchange that has been conducting broad M&A across the digital currency space, is in talks to raise $400 million at or above its last $32 billion valuation.
💵 Debt Financing
  • Brazilian neobank Neon raised $80 million to broaden its credit card access through the country.
💰 Venture Funds
  • Fintech-focused venture investor Portage launched its late-stage, fintech-focused Portage Capital Solutions fund, focused on deals ov

Pssst - if you like early-stage fintech investing, come join our angel syndicate.