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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. HQ: Philadelphia, Pennsylvania. Source: Crunchbase. Latest round: $3.03

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. The Tech Award – Goes to Capital One.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Zenefits skirts compliance regulations. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Outcome Health fights for its life.

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