The Financial Revolutionist

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The Week in Fintech Funding

This week, we took note of a few fintech funding announcements:

Lightning Labs
Amount: $10 million (Series A)
Fast Facts: San Francisco-based Bitcoin payments start-up
Investors: Craft Ventures, Ribbit Capital, RRE, M13, and Slow Ventures

Clear
Amount: $13 million (Series A)
Fast Facts: Singapore-based provider of a settlement system that uses blockchain to facilitate cross-border B2B trading
Investors: Eight Roads (formerly Fidelity Ventures), Telefonica, Deutsche Telekom, Hong Kong Telecom and Singtel

Transparent Financial Systems
Amount: $14 million (Series A)
Fast Facts: Seattle-based start-up developing on-demand cryptographic settlement solutions
Investors: Pantera Capital, Square, Inc., FuturePerfect Ventures, IDEO Colab Ventures, Digital Currency Group, and CMT Digital

Paystand
Amount: $20 million (Series B)
Fast Facts: Scotts Valley, Calif.-based commercial payments platform
Investors: DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures, Wildcat Ventures, Leap Global Partners, and BlueRun Ventures

Stori
Amount: $10 million (Series A2)
Fast Facts: Mexico-based digital bank
Investors: Bertelsmann Investments, Source Code Capital, and Vision Plus Capital

Digital Asset
Amount: $35 million (Series C)
Fast Facts: New York-based blockchain company
Investors: Samsung Ventures and Salesforce Ventures

Rimilia
Amount: $15 million
Fast Facts: U.K.-based SaaS-based fintech company
Investors: Eight Roads Ventures, Kennet Partners, and Silicon Valley Bank

Finix
Amount: $35 million (Series B)
Fast Facts: San Francisco-based payments infrastructure platform
Investors: Sequoia Capital, Acrew Capital, Bain Capital Ventures, Activant Capital and Inspired Capital