Multi-Million-Dollar Raises in Fintech Funding this Week

Funding announcements this week included some eye-catching totals:

Neocova
Amount: $9.5 million (Series A)
Fast Facts: St. Louis-based banking tech platform for community financial institutions
Investors: Bank of St. Elizabeth, Coastal Community Bank, First Financial Bank, Kearny Bank, Provident Bancorp, Inc. and Sunwest Bank

AvidXchange
Amount: $260 million
Fast Facts: Charlotte, N.C.-based provider of accounts payable and payment automation solutions for the middle market
Investors: TPG Sixth Street Partners

Flutterwave
Amount: $35 million (Series B)
Fast Facts: San Francisco-based payments technology company with operations in Africa
Investors: Greycroft, eVentures, CRE Ventures, FIS, VISA, and Green Visor

FloQast
Amount: $40 million (Series C)
Fast Facts: Los Angeles-based provider of software for accountants,
Investors: Norwest Venture Partners and Insight Partners

Tink
Amount: €90 million ($99 million) at a €415 million ($458 million) post-money valuation
Fast Facts: Swedish open-banking platform
Investors: Dawn Capital, HMI Capital, Insight Partners, Poste Italiane, Heartcore Capital, ABN Amro, and BNP Paribas

Qonto
Amount: $115 million (Series C)
Fast Facts: Challenger business bank based in Paris
Investors: Tencent and DST Global

Liberis Group
Amount: $42 million
Fast Facts: U.K.-based fintech focused on small business finance
Investors: FTV Capital and Blenheim Chalcot

Intezer
Amount: $15 million (Series B)
Fast Facts: New York-based cybersecurity company
Investors: OpenView, Intel Capital, Magma, Samsung NEXT, a USAA affiliate, and Alon Cohen