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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The favored narrative about banks and FinTech startups is generally not a love story. Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. Usually, it is more of an all-out war story.

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. Online identify verification. FinTech Group. There may be a bubble in tech investing. Dashu Finance.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 EZBob landed a $25 million debt commitmen t to increase its SMB lending. Fintech deals by size from May 14 to 20, 2016: Clover Health. Real estate marketplace lending. Online cap table management.

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First Look: The 56 Fintech Companies in YC’s Latest Batch (W21)

Fintech Labs Insights

Early on, fintech startups were a small part of its class, although Stripe (S09) and Coinbase (S12) were notable (and extremely profitable) exceptions. When I looked at YCvalums in mid-2014 , there had been just 40 fintech grads in its first 10 years. Oakland, CA. Embedded lending infrastructure for software companies.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

For the third time this year, we tied the single-week record of 39 fintech financing deals. This week, those 39 fintech startups raised a whopping $932 million, (or $680 million not counting the $253 million Bats Global IPO). Here are the fintech deals by size from 9 April to 15 April 2016: Bats Global. P2P lending platform.

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

The fintech sector attracted $332 million in new capital the first week of August. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. HQ: Oakland, California. Online payment service. Lending marketplace for small businesses. Online insurance broker. Total dollars raised YTD is $19.6 HQ: Singapore.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 Six weeks into the new year, fintech companies have raised $4.5 Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. HQ: Oakland, California. Online stock brokerage.

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