Investments

Investments
JetClosing Raises $2.3 Million In Venture Funding
December 01, 2016

JetClosing, the real estate startup focused on making the closing process on a new home less complex, announced Wednesday (Nov. 30) it has closed on $2.3 million in venture capital seed financing. The round of venture fundraising was led by Trilogy Equity Partners. Maveron also participated...

Investments
Citi Ventures Scores New Leader
December 01, 2016

In management news tied to Citigroup’s Citi Ventures, which invests in FinTech, Vanessa Colella has been promoted to lead the Citi unit. Reuters reported that the promotion comes as Colella has been at Citi Ventures since 2013. She will ascend to the new position at...

Investments
Wynd Lands $37.1M For POS Solution
November 28, 2016

Wynd, the French startup developing a Software-as-a-Service solution to replace point of sale, has raised $31.7 million in venture funding. According to a report, the Series B round was led by Sodexo Ventures and Orange Digital Ventures. Bpifrance also participated in the latest round of fundraising....

Investments
Ex-Expedia Exec Raises Funds For Secretive New Startup
November 25, 2016

A former executive from Expedia has secured funding for his new startup, though the details on the new project are scarce. According to reports by GeekWire on Wednesday (Nov. 23), Jeff Warren has secured investment from Idealab and other backers to the tune of $325,106, according...

Apptopia Secures Funding From Ashton Kutcher, Guy Oseary, Sound Ventures
November 25, 2016

What started as a marketplace for reselling apps has turned into an app intelligence source — one that helps feed data to Google, Facebook, Pinterest and NBCU, to name a few — and its caught investors’ eyes. Apptopia has just hit a total funding to...

Investments
Mastercard, Santander Invest In Mobile Pay App For Messenger
November 25, 2016

A group of investors, including Mastercard and Banco Santander, have invested $6 million in PayKey, an Israeli startup focused on enabling consumers to make payments through messaging applications. American Banker reported that the startup traces its genesis to 2014, with a keyboard (a downloadable one)...

Investments
Money Saving App Albert Raises $2.5 Million
November 25, 2016

Albert, the money saving app, has recently closed on a $2.5 million round of seed funding. According to a report by TechCrunch, the VC funding came from Bessemer Ventures Partners, CFSI (Center for Financial Services Innovation), 500 Startups and 500 Fintech. Other unnamed VCs also took part in...

Investments
UK Government Commits To Invest £500,000 A Year In FinTech
November 24, 2016

The U.K. is already a hotbed of FinTech startups, but the government is getting behind it in a bigger way, committing to invest £500,000 a year into financial technology companies. According to a report, the U.K. government is also gearing up to launch a network...

Investments
Deutsche Börse Invests In Banking FinTech figo
November 24, 2016

Germany stock exchange Deutsche Börse has participated in a funding round for local FinTech startup figo, reports said Wednesday (Nov. 23). Figo has developed an API for banks that supports the revised Payment Services Directive (PSD2). In total, the firm’s Series B funding round yielded...