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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 Fraud detection. Louis, Missouri. PromisePay.

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Rippleshot Raises $1.2 Million in Round Led by KGC Capital

Fintech Labs Insights

The investment round was led by KGC Capital and featured participation from UMB Bank, Wintrust, and SixThirty, the fintech accelerator based out of St. Henrichs was also an early investor in anti-fraud analytics firm, Memento. Chicago-area cybersecurity specialist Rippleshot has raised $1.2 million in new funding.

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Rippleshot Earns Spot in SixThirty Accelerator’s Incoming Cohort

Fintech Labs Insights

The program runs from September 14 through December 11, and is based in downtown St. The company has won accolades for its technology that helps detect card payment fraud, earning finalist spots at the BBVA Open Talent Competition in August , and the MRC METAwards in March. Canh Tran is CEO and co-founder.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Louis, Missouri. Online debit card security. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Total dollars raised YTD is now $14.7 billion, more than twice the $6.7 billion raised during the same period a year ago.

Company 12
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Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

Fintech Labs Insights

Card-linked rewards & offers. Fraud protection solutions for the enterprise. Louis, Missouri. The post Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21 appeared first on Finovate. Tags: Prepaid cards, gift cards. Source: NFC World. EDO Interactive. HQ: Nashville, Tennessee.