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Plaid Technologies Scores $44M Off Goldman Sachs-Led Round

PYMNTS

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

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LendingClub Settles With SEC, DOJ

PYMNTS

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. The SEC Finding. LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. The Aftershocks.

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The FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? Be sure to register now for the only event exclusively for fintech developers, FinDEVr 2015, Oct 6-7 in San Francisco. . looks at how Trulioo’s API defends startups against credit card fraud. FinDEVr 2015 : First Round of Presenting Companies Revealed.

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. ATMs, POS & financial technology. HQ: San Francisco, California. Source: WSJ.

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Ripple Raises $55 Million Series B; Announces New Bank Partners

Fintech Labs Insights

Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013. These banks include: BMO Financial Group. Ripple currently features 15 of the top 50 global banks in its global network, with pilot projects for more than 30 banks already completed.

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Fintech Fundings: 23 Companies Raise $120 Million Week Ending Oct 30

Fintech Labs Insights

HQ: San Diego, California. HQ: San Francisco, California. HQ: San Francisco, California. Clarus Financial Technology. Tags: Small biz, SMB, financial management, billing, invoicing, accounting, bookeeping. Source: Crunchbase. Identity proofing solutions. Latest round: $10.45 Source: Finovate.

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

Fintech Labs Insights

HQ: San Francisco, California. Bridge Financial Technology. Back-office platform for financial advisors . AI-powered financial assistant . HQ: San Francisco, California. Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Source: Crunchbase. million Seed.

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