Fintech startups raised $34B in 2019
Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report… Read more »
Category: Online lending
Placement is the much-needed talent agent for jobseekers
“We’re giving away money to strangers on the internet” is a pretty cavalier pitch for a new startup. But the more I learned about Placement, the smarter it sounded. In… Read more »
Google chases businesses to maintain its payments lead in India
Google said today it is bringing its mobile payments app — Google Pay — to businesses in India as the Android-maker rushes to maintain its payments lead in one of… Read more »
Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia
Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series… Read more »
Visa pitches a program offering fintechs faster market access through an ecosystem of partners
Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track… Read more »
India’s 30-year-old MyMoneyMantra raises $15M to scale its financial services marketplace
MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden funding round from an external source to expand its offerings… Read more »
India’s Open ‘neo-bank’ raises $30 million to help businesses automate their finances
Open, a Bangalore-based startup that operates a “neo-bank” to help businesses automate and run their finances, has bagged $30 million in a new funding round as investors look to replicate… Read more »
Possible Finance lands $10.5 million to provide consumers softer, kinder short-term loans
It’s easy to be skeptical of lending companies. They uniformly rely on customers who don’t have enough money to cover their bills and are willing to pay interest on money… Read more »
Clearbanc raises $70M to give startups ad money for a rev share
Selling equity to buy Facebook and Google ads is a bad deal for startups. Clearbanc offers a fundraising alternative. For fast-growing businesses reliably earning sales from their marketing spend, Clearbanc… Read more »