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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

With a fast-growing, addressable market of fintechs, challenger banks, and BaaS players, Fiserv took a leap of faith to chase this market with a player it already knew. billion (~30 times revenue) in stock was part of SoFi’s ambitious vision to become the “AWS of Fintech.” Temenos is still slowly underway at Commerce Bank in Missouri.

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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. million debt).

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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. Louis, Missouri. Credit risk management.

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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 Payments risk & compliance management.

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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). Online payments & cash management for small businesses. 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 Consumer alt-lender. Total raised: $1.92

Company 12
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Finovate Debuts: LoanNow Helps Borrowers “Outperform their FICO Score”

Fintech Labs Insights

LoanNow combines more than a decade of experience in lending, top engineering talent (“most of our team is ex-Amazon” the LoanNow team tells me), and a fresh approach to managing risk to provide better loan programs to the subprime borrowing population. Cards are not charged unless the borrower defaults. Founded June 2013.

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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Fintech deals by size from 30 April to 6 May 2016: VTS. Commercial real estate leasing & asset management platform. Louis, Missouri. Prepaid debit card. Banking & wealth management platform. Porftfolio management for institutional investors. Louis, Missouri. Latest round: $55 million Series C.