OnFido was founded by three Oxford grads who are all under 30; Microsoft’s venture capital arm participated in the Series C round; other participants included Crane Venture Partners, Salesforce Ventures and other existing investors; in total the company has raised over $60 million for their product that uses machine learning to verify identity. Source
The company raised $22 million as an extension to its $45 million Series C in August 2017; Capital Float raised $80 million of debt in the last 12 months used to finance its small business loans in India; Capital Float’s customer base includes 80,000 people in 300 cities; they currently complete 10,000 loans per month and have an outstanding loan portfolio of $170 million; their default rate is around 2% and loans are between $376 and $7,530. Source
American Express Ventures and the Healthcare of Ontario Pension Plan along with existing investors Kleiner Perkins, Goldman Sachs and Pine...
Instarem is a fintech startup based in Singapore and today announced their $41 million Series C; the company helps banks...
Cortex collaborates with several fintechs and giants of the financial market in Brazil, such as BTG Pactual and XP.
Roofstock provides a marketplace for buyers and sellers of rental properties; the company is up to 35 employees and has now raised their Series C led by Canvas Ventures; TechCrunch published a short Q&A with their CEO Gary Beasley; while the company doesn’t disclose actual number of properties, they have facilitated “hundreds of millions of dollars in value this year alone” and now operate in 15 markets across the US. Source
Uplift up until now been keeping a low profile in the lending space; the firm partners with airlines and travel...
The $1.3 billion round was led by private equity firm Primavera Capital and reportedly included Qatar Investment Authority, All-Stars Investment,...
There was news out of Malaysia over the weekend that Cross River Bank had raised $100 million. A number of...