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Payrailz Partners With Mastercard For Real-Time Bill Payments

PYMNTS

Billing accounts can be securely linked so that payments can be made through Payrailz. Payment can be handled with cards, real-time payments or bank transfers. The Glastonbury, Connecticut startup Payrailz was founded in 2016 by co-founders Fran Duggan, Paul Franko and Rich Pelikan. The company raised $3.5

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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). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. HQ: Shelton, Connecticut. Source: Crunchbase.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. HQ: Darien, Connecticut. HQ: South Glastonbury, Connecticut. government. Total raised: $86.2

Company 12
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Second quarter closed with a frenzy of fintech fundings with 49 deals announced the last week alone, 10 more than the previous weekly record. Fintech deals by size from 25 June to 1 July, 2016: Paycor. Credit card with consumer controls. Of the total raised, $61.5 million was debt. Total dollars raised YTD is now $17.4

Company 12
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FinovateSpring 2015 Sneak Peek: Part 8

Fintech Labs Insights

Sneak Peek Part 7: Avoka, CBW Bank, Cloud Lending Solutions, Context Relevant, Dealstruck, DriveWealth, Dwolla, Dynamics, Encap Security, EyeBuy, FIS Mobile, Kabbage, Knox Payments, Lending Tree, LendKey. Ondot Systems builds white label solutions that enable financial institutions to provide security and convenience for their customers.