Alloy raises $100M at a $1.35B valuation to help banks and fintechs fight fraud with its API-based platform
Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 billion valuation. Lightspeed Venture Partners led the…
Read More »Highnote emerges from stealth with $54M and a plan to take on Marqeta in the world of card issuing as a service
Fintech startups have thrown a curve ball into the world of financial services by building more flexible, cheaper and user-friendly tools to businesses and consumers, who in turn are walking…
Read More »Rize raises $11.4M to scale its embedded fintech service
Rize, a fintech-as-a-service company that provides services to other firms, announced an $11.4 million Series A this morning. The funding event was led by Alpha Edison and Morpheus Ventures. A…
Read More »Swan raises $18.7 million to provide embedded banking services
French startup Swan has raised an $18.7 million Series A funding round (€16 million) led by Accel. The company provides a banking-as-a-service platform for other products and services. Embedded finance…
Read More »Indonesian ID and data verification startup Verihubs gets $2.8M led by Insignia Venture Partners
For many financial institutions in Southeast Asia, verifying new customers takes a week or two, said the founders of Verihubs. The startup cuts that time down to as little as…
Read More »Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation
Ascend Money, the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 billion. The Series…
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Oraan raises $3M to increase financial inclusion among Pakistani women
After working as an investment banker in Canada for a decade, Halima Iqbal moved back to Pakistan in 2017 and quickly realized how difficult it is for women to access…
Read More »Aspire raises $158M Series B to build a full-stack “financial operating system” for Southeast Asian businesses
Aspire, the Singapore-based neobank that wants to become an “end-to-end financial operating system” for Southeast Asian businesses, is moving closer to its aspirations with a $158 million Series B. The…
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Ocrolus lands $80M at a $500M+ valuation to automate document processing for fintechs and banks
If you’ve ever had to take out a loan, you know just how many documents are involved in the approval process. It’s a lot. The process is tedious and time-consuming,…
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Koa is helping African consumers make better money moves
While Delila Kidanu grew up in Nairobi, Kenya, mobile money platform M-Pesa was the go-to fintech platform for her and most Kenyans. The Safaricom-owned product provides basic access to financial…
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