FinTech Funding Rounds

RankCompanyAmount RaisedFund ClosedMore Info
1 AvidXchange $300 M Jun-8 >
2 Addepar $140 M Jun-8 >
3 Element AI $102 M Jun-14 >
4 Cadre $65 M Jun-6 >
5 CrowdFlower $20 M Jun-12 >
6 Cardlytics $12 M Jun-9 >
7 BAM $10 M Jun-6 >
8 Sure $8 M Jun-14 >
9 Greenlight $7.5 M Jun-2 >
10 Ceterus $6M Jun-14 >
11 Covr Financial Technologies $5 M Jun-15 >
11 Wahed Invest Inc. $5 M Jun-6 >
13 Beanworks $4.5 M Jun-2 >
13 DealCloud $4.5 M Jun-5 >
15 Compliance.ai $4.0 M Jun-12 >
16 Quantifi $2 M Jun-7 >
17 Fuze Card $1.248 M Jun-7 >
x Loyyal Undisclosed Jun-12 >
x Lmrkts Undisclosed Jun-7 >
x Boost Payment Solutions Undisclosed Jun-13 >
x StockSnips Undisclosed Jun-8 >

Source: MEDICI and Crunchbase

FinTech Funding Rounds | June 2, 2017

RankCompanyAmount RaisedFund ClosedMore Info
1 Bright Health $160 M Jun-1 >
2 R3 CEV $107 M May-23 >
3 Billtrust $50 M May-25 >
4 PolicyGenius $30 M May-24 >
5 Wave $23.786 M May-30 >
6 Blispay $12 M May-23 >
6 TouchBistro $12 M May-31 >
8 LedgerX $11.4 M May-22 >
9 Numerated Growth Technologies $9 M May-19 >
10 Merlon Intelligence $7.65 M May-24 >
11 Carpe Data $6.6 M May-23 >
12 Applied Data Finance $6.5 M May-31 >
13 Spruce $4.5 M May-29 >
14 Long Game $4 M May-23 >
15 T-REX $2.6 M May-24 >
16 Precognitive $1.25 M May-19 >
17 Mylo $0.75 M May-23 >
18 Fuze Card $0.5 M May-29 >
18 MPOWER Financing $0.5 M Jun-1 >
20 Vanbex Group $0.365474 M May-31 >
x MBO Partners Undisclosed May-24 >
x Nomis Solutions Undisclosed May-25 >
x Purpose Investments Undisclosed May-25 >

Source: MEDICI and Crunchbase

Fifteen FinTech Fundraises

RankCompanyAmount RaisedFund ClosedMore Info
1 Wealthsimple $37 M May-11 >
1 LevelUp $37 M May-17 >
3 Neighborly $25 M May-17 >
4 Verse $20.5 M May-16 >
5 Axoni $20 M May-11 >
6 Finxact $12 M May-9 >
7 Solovis $8 M May-9 >
8 Microf $6.67 M May-10 >
9 InterNex Capital $3.85 M May-11 >
10 OpenInvest $3.25 M May-16 >
11 Funding Wonder, Inc. $1.395 M May-16 >
12 Accern $1.2 M May-15 >
13 Accrualify, Inc. $0.6 M May-9 >
14 Global Sports $0.05 M May-13 >
x Empower undisclosed May-9 >
x Symbiont undisclosed May-5 >

Source: MEDICI and Crunchbase

FinTech Funding Rounds | April 21 - May 5

RankCompanyAmount RaisedFund ClosedMore Info
1 Robinhood $110 M 26-Apr >
2 Ivalua $70 M 26-Apr >
3 Next Insurance $29 M 3-May >
4 Token $15.7 M 24-Apr >
5 One, INC. $15.5 M 2-May >
6 Nav $13 M 3-May >
7 Narrative Science $11 M 21-Apr >
8 Quovo $10 M 26-Apr >
9 MobileGo $4.5 M 26-Apr >
10 Nest Wealth $4.4 M 22-Apr >
11 Propel $4 M 27-Apr >
12 Morty $3 M 2-May >
12 Dave.com $3 M 25-Apr >
14 RateGravity $2 M 2-May >
15 Patch Homes $1 M 26-Apr >
15 InDebted $1 M 2-May >
17 Ripio $428 K 26-Apr >
X Global Sports undisclosed 1-May >
X Lemonade undisclosed 24-Apr >

 

Source: MEDICI and Crunchbase

Financial Innovation Labs, Techstars, and Funding Rounds in FinTech

It's been a very exciting week for us as we get ready for our flagship NY Empire FinTech Conference and FinTech Week NYC. Here are the FinTech fundraising rounds that happened in the last couple weeks:

RankCompanyAmount RaisedFund ClosedMore Info
1 SoFi Prime Income Fund $105 M Apr-19 >
2 Upgrade $60 M Apr-12 >
3 College Ave $30 M Apr-13 >
4 CyberGRX $20 M Apr-17 >
5 Dome9 $16.5 M Apr-19 >
6 Narrative Science $11 M Apr-21 >
7 LVH(55 Capital) $10 M Apr-13 >
7 Factom $8 M Apr-18 >
9 Amphora Software $5 M Apr-12 >
9 WeTrust $5 M Apr-13 >
11 Jetty $4 M Apr-8 >
12 MortgageHippo $2.25 M Apr-18 >
13 DadeSystems $2 M Apr-18 >
14 Approved $1 M Apr-14 >

Source: MEDICI and Crunchbase


The Financial Solutions Lab at CFSI is now accepting applications for its third class of FinTech innovators. This year, they’re seeking startups and nonprofits with solutions that can improve Americans’ financial health. The Lab, managed by CFSI with founding Lab partner JPMorgan Chase & Co., will provide winners with $250,000 in capital, partnership opportunities, and unprecedented access to industry experts. Learn more and apply by April 27 at https://goo.gl/hkj7sn.


The Barclays Techstars Accelerator in NYC is gearing up for the next cohort of incredible FinTech startups. From payments to lending, security to blockchain, capital markets to data and analytics, the opportunity to partner with a top tier bank like Barclays is incredibly impactful.

Applications are open now through July 2nd. Apply here.

Follow @jonzanoff for updates

FinTech Fundraising Rounds | InsurTech Innovation

Lots of InsurTech funding rounds closed in the last couple weeks. Join us on April 25th for the flagship Empire FinTech Conference at Webster Hall  featuring a panel on how the InsurTech market is heating up.

RankCompanyAmount RaisedFund ClosedMore Info
1 Trov $45 M Apr-6 >
2 Zilliant $30 M Apr-5 >
3 Cloudvirga $15 M Mar-27 >
4 Quint Group $12.507 M Mar-29 >
5 Raise.me $12 M Mar-29 >
6 ShapeShift $10.4 M Mar-29 >
7 Wellthie $5 M Apr-4 >
7 Emergent Payments $5 M Mar-28 >
9 ClaimVantage $2.17 M Mar-28 >
10 Groundspeed Analytics $2 M Apr-4 >
11 Random Forest Capital $1.75 M Apr-5 >
12 LeasePilot $1.5 M Mar-30 >
X Ledger Investing Undisclosed Mar-31 >
X Robinhood Undisclosed Apr-3 >
X Street Contxt Undisclosed Apr-6 >

Source: MEDICI and Crunchbase

FinTech Funding Rounds | March Madness

How's your bracket doing?

RankCompanyAmount RaisedFund ClosedMore Info
1 DataRobot $54M Mar-23 >
2 Canopy $20M Mar-13 >
3 Flow $13M Mar-15 >
4 Clarity $11M Mar-23 >
5 ProducePay $7M Mar-14 >
6 Autobooks $5.5M Mar-13 >
7 RavenPack $5M Mar-20 >
7 Launcher.Solutions $5M Mar-15 >
8 Insurify $4.6M Mar-16 >
9 Gro Solutions $4.25M Mar-20 >
10 Dosh $2M Mar-22 >
11 MarketX $1.7M Mar-16 >
12 Sift $1.5M Mar-10 >
13 SWITCH, Inc. $0.4M Mar-15 >
14 Moneytis $0.12M Mar-11 >

Source: MEDICI and Crunchbase

Neener Analytics Demo

Neener Analytics has developed a regulatory compliant social media analytics technology to help lenders, insurance companies and others better decision and understand specific individual risk outcomes for thin-file, no-file and credit challenged consumers using their patent-pending NextGen analytics technology. They decision Individuals, not Demographics. They have codified the essence of every human interaction using social media.

With their 1-click login, they have reduced application friction to almost zero and provided NextGen underwriting and marketing solutions in the same product. They can predict at extremely high rates DEFAULT, PAY-AS-AGREED, EARLY PAYOFF or FULL AMORTIZATION, or a RISK CORRELATED PROJECTED FICO with only a single Facebook, LinkedIn, or Twitter login.

 Demo Day, March 2017

Apply to demo at a future Demo Day here. 

Income& Demo

Income&: Dedicated to making fixed-income investing simpler, safer, and more transparent for all, Income&’s next generation peer-to-peer marketplace gives investors full visibility into individual loan data and performance, and the ability to only invest in the PRIMOs that fit their risk profile. Income& works exclusively with prime-rated mortgage loans and established name-brand mortgage lenders to bring investors the opportunity to invest in fractionalized, high-quality residential mortgage loans on the PRIMO marketplace.

SF Demo Day, March 2017

Apply to demo at a future Demo Day here. 

Asaak Demo

Asaak provides a full suite of financial services in emerging markets using mobile technology to keep operating costs low. Our risk algorithm can instantly score borrowers, with whom we use a community-based approach to build trust and provide a lifetime of easy financial access. By empowering consumers through mobile financial services, we are breaking the cycle of lack of access for the developing world. Investors have few options to generate consistently high returns, and at the same time, billions of emerging markets consumers lack access to credit; Asaak bridges the gap with a comprehensive lending marketplace.

SF Demo Day, March 2017

Apply to demo at a future Demo Day here. 

FinTech Fundraising Rounds | Is it Spring yet?

Here's all the FinTech funding rounds that closed between February 25th and today, March 10th. Take a look at Acorns' round — they've raised over $60M in the past but this round was different — it was raised in one month from users.

RankCompanyAmount RaisedFund ClosedMore Info
1 Social Finance $500m Feb-28 >
2 Upstart $32.5m Mar-3 >
3 Veem (formerly Align Commerce) $24m Mar-8 >
4 ID.me $19m Mar-8 >
5 Sensibill $17.3m Mar-2 >
6 Qapital $12M Mar-6 >
7 CampusLogic $10M Mar-2 >
8 Dream Payments $10M Mar-8 >
9 Prevedere $10M Mar-9 >
10 Cambridge Blockchain $2M Mar-4 >
11 Sift $1.5M Mar-10 >
12 Acorns $1M Feb-26 >
13 TRANSFAST undisclosed Mar-6 >

Source: MEDICI and Crunchbase

CentSai Demo

- CentSai ( @CentSai) is a digital financial wellness platform that's designed to be used by global brands looking to target millennials. CentSai publishes blogs, videos, quizzes that helps to teach millennials all things finance. The platform's goal is to become the new industry standard for the creation and distribution of engaging content by financial brands.

NY FinTech Meetup Demo Day, March 2017

Apply to demo at a future Demo Day here

Fourteen FinTech Fundraising Rounds for February 10-24th

February brings lower activity in the fundraising space. Here are all the fundraising rounds from Feb10-Feb14.

RankCompanyAmount RaisedFund ClosedMore Info
1 Tala (formerly InVenture) $30 M Feb-23 >
2 nymbus $16 M Feb-23 >
3 openfin $15 M Feb-15 >
4 Credifi $13 M Feb-13 >
5 Filament $9.477 M Feb-23 >
6 Clinc $6.3 M Feb-22 >
7 Javelin Networks $5 M Feb-9 >
8 Collage $5 M Feb-24 >
9 Trizic $3.3 M Feb-13 >
10 Botworx.ai $3 M Feb-10 >
11 Agent.ai $2.7 M Feb-9 >
12 Hiatus $1.2 M Feb-23 >
13 Cloud Lending Solutions Undisclosed Feb-21 >
14 AutoGravity Undisclosed Feb-17 >

Source: MEDICI and Crunchbase

Empire Startups <3's FinTech | FinTech Fundraising Rounds from Jan25-Feb10

Congrats to the Empire Startups alum that recently closed funding rounds:

  • Better Mortgage — Vishal Garg, Founder & CEO, appeared on a Real Estate & Tech Boom panel at our NY FinTech Conference 2016
  • ERNIT — Soren Nielson, Founder & CEO, presented at a NY Demo Day last year
  • TransferWise — Joe Cross, General Manager, gave a keynote at the SF FinTech Conference 2015
RankCompanyAmount RaisedFund ClosedMore Info
1 BitFury Group $30 M Jan-25 >
2 First Performance Corporation $17.5 M Jan-26 >
3 Wealthsimple $15.3 M Feb-2 >
4 Better Mortgage $15 M Feb-9 >
5 Fundrise $14.5 M Feb-8 >
6 Exactuals $10 M Feb-8 >
7 Blooom $9.2 M Feb-6 >
8 SparkFund $7 M Feb-2 >
9 Qvivr $5 M Jan-31 >
10 Float $3 M Feb-9 >
11 Rippleshot $2.6 M Feb-9 >
12 Taxfyle $2 M Feb-2 >
13 GoldenKey $1.75 M Feb-1 >
14 Factom $.8 M Feb-7 >
15 ERNIT $0.7 M Feb-9 >
16 Wupplier $0.539 M Feb-2 >
17 Predictive, Inc. $0.35 M Jan-30 >
18 Symple $0.12 M Feb-7 >
Katipult Undisclosed Feb-7 >
Currency Capital Undisclosed Jan-30 >
Tradeshift Undisclosed Jan-30 >
TransferWise Undisclosed Jan-30 >
LendingFront Undisclosed Feb-1 >

Source: MEDICI and Crunchbase.

Year of the Rooster | Fifteeen FinTech Fundraising Rounds

Happy Chinese New Year! Here are Fifteen FinTech Fundraising Rounds that closed between Jan 14th and Jan 26th in North America. Shoutout to Alpaca, an Empire Startups Demo Day alum!

RankCompanyAmount RaisedFund ClosedMore Info
1 Incapture Technologies $50M Jan-19 >
2 BitFury Group $30M Jan-25 >
3 Credible $10M Jan-18 >
4 Bought By Many $9.14M Jan-16 >
5 Dwolla $6.85M Jan-20 >
6 Habito $6.8M Jan-22 >
7 Starburst Labs, Inc. $6.25M Jan-17 >
8 CUneXus Solutions $5M Jan-24 >
9 Prattle Analytics $3.3M Jan-24 >
10 ID DataWeb $3M Jan-20 >
11 Fabric $2.5M Jan-20 >
12 Alpaca $1.75M Jan-24 >
13 Buzz Points $1.7M Jan-24 >
14 InvestCloud $0.15M Jan-24 >
15 LMRKTS Undisclosed Jan-18 >

Source: MEDICI and Crunchbase.

January 2017 starting strong. | Fifteen FinTech Fundraising Rounds

2017 is starting out strong! We've compiled data form a couple resources and decided to post all FinTech fundraising that's happened to far this year. Check out the fundraising from January so far.

RankCompanyAmount RaisedFund ClosedMore Info
1 Namely $50m Jan-5 >
2 Transmit Security $40m Jan-12 >
3 Activehours $22m Jan-9 >
4 Mobile Cause $15m Jan-9 >
5 Credible Labs $10m Jan-4 >
6 Kasisto $9.2m Jan-13 >
7 Alkanza $6m Jan-9 >
8 Blockstack $4m Jan-5 >
9 Ripio (BitPagos) $1.9m Jan-3 >
10 Microventures $1m Jan-10 >
11 LendingStandard $600k Jan-5 >
12 payspan Undisclose Jan-5 >
13 BillGO Undisclose Jan-10 >
14 ClassWallet Undisclose Jan-10 >
15 Sway Finance Undisclose Jan-10 >

Closing Out December, 2016 | Fifteen FinTech Fundraising Rounds

A month in review — here are the fundraising rounds that closed in December. Happy holidays and catch you in the new year!

RankCompanyAmount RaisedFund ClosedMore Info
15 Maxwell Financial Labs, Inc. $1.95m Dec-15 >
14 Privacy $2.2m Dec-13 >
13 OpenBazaar $3m Dec-13 >
12 Connecticut Green Bank $3.6m Dec-22 >
11 SupportPay $4.1m Dec-13 >
10 Qapital $4.459m Dec-29 >
9 Numerai $6m Dec-12 >
8 ApplePie Capital $16.5m Dec-12 >
7 MoneyLion $22.5m Dec-5 >
6 Stash $25m Dec-14 >
5 Lemonade $34m Dec-5 >
4 Finicity $42m Dec-7 >
3 BlueVine $49m Dec-14 >
2 Personal Capital $50m Dec-15 >
1 Zibby $100m Dec-16 >

Fifteen FinTech Fundraising Rounds — Nov14-Dec15 2016

Check out this chart of the fifteen largest FinTech funding rounds of the last 31 days. Happy holidays!

RankCompanyAmount RaisedFund ClosedMore Info
15 SupportPay $4.1m Dec-13 >
14 Plastc $4.4m Nov-15 >
13 Finagraph $5m Nov-29 >
12 Varo Money $5.33m Nov-15 >
11 Numerai $6m Dec-12 >
10 P2Binvestor $7.7m Nov-15 >
9 T-REX $10m Nov-17 >
8 PeerStreet $15m Nov-17 >
7 ApplePie Capital $16.5m Dec-12 >
6 AdvisorEngine $20m Nov-18 >
5 MoneyLion $22.5m Dec-5 >
4 Stash $25m Dec-14 >
3 Lemonade $34m Dec-5 >
2 Finicity $42m Dec-7 >
1 BlueVine $49m Dec-14 >