#Cashback startup #Dosh has raised $ 44 million to expand its product development, the startup announced yesterday, a Series A round that included participation from Goodwater Capital and #PayPal. The company will use the funds, combined with the $ 18 million it had previously raised over the past year, to expand its “technical capabilities,” according to company […]
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EXCLUSIVE— Millennial and Gen Z-focused credit card provider #Deserve has raised $ 50 million from the Keystone National Group, funding earmarked for the startup’s expansion of #account #receivables, the company announced today. “It’s strictly a debt facility, it has nothing to do with new product launches, but it does allow us to scale,” Kalpesh Kapadia, CEO […]
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The #messaging app #Telegram has raised more money with its initial coin offering, logging another $ 850 million, the SEC reported yesterday. This brings the total amount raised via the offering to $ 1.7 billion, making it the largest initial coin offering in history. This follows the company’s raise of $ 850 million in February with its first […]
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Singapore #robo-adviser #StashAway has raised $ 5.3 #million (SGD $ 7.0 million) Series A round of funding, bringing its total funding to $ 8.4 million (SGD $ 11.1 million) The new funds will be used to develop its investment service as well as expand it into new markets across the globe. The round was led by family office investor …Read More
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EXCLUSIVE – #Greenlight Financial #Technology, a #fintech startup for #kids, has raised $ 16 #million in a #Series A #funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children. It is no wonder that #banks like […]
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Paris-based #startup #Lydia, on its way to becoming a leader in #French mobile payments, has raised a $ 16.1 million round of #funding to #become the next #PayPal in mobile payments. While a lofty goal, Lydia has demonstrated impressive growth in 2017, processing about a million transactions a month, it told TechCrunch. It has over a […]
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Startup #Varo #Money has raised $ 45 million for its plans to #become a full-fledged, “#national #bank,” the startup announced yesterday. The funds will go towards marketing its service as well as for laying “the foundation” to become a bank, company CEO Colin Walsh told TechCrunch. Varo, a mobile banking startup that provides an FDIC-insured bank […]
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Automated investing #platform #Wealthfront has just closed a $ 75 million round of funding, which will be used to build out its millennial-focused platform, the company announced yesterday. The California-based Wealthfront, which relies on software and algorithms to fuel investments for its clients rather than the traditional human middlemen, will use the capital to keep the […]
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EXCLUSIVE – PFM app #MoneyLion has secured $ 42 #million in funding for growth initiatives, the company announced. Exactly what those initiatives are, MoneyLion didn’t specify. But it is likely that part of the funds will be put towards its most recent product – MoneyLion Plus. Launched in November, MoneyLion Plus is a money savings app […]
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U.K.-based PFM mobile app #Chip reached a £1 #million ($ 1.33 million) milestone in its crowdfunded effort to raise funds to apply for a banking license, according to reports. Just last month, the company announced its plans to raise £2.4 million ($ 3.2 million) in this #crowdfunding #campaign through the platform Crowdcube. Launched in 2016, Chip uses […]
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