PropTech

Israeli commercial real estate startup that automates the insurance compliance process for tenants and property managers Jones raised a $12.5 Series A funding round.

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

Proper, a property accounting services provider for the real estate industry, raised $9m in Series A from QED Investors, with participation from partners at MetaProp, Expa, and Bling Capital.

Online mortgage marketplace Morty has netted $25m in its Series B funding round, as it looks to enhance its product development.

Companies based in the United States completed over 400 deals in the sector, more than four times higher than their peers in the United Kingdom

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

Newly launched real estate financial tech startup Tomo raised $70m in seed funding, touting it to be the third-largest seed round within the US.

Mortgage startup Accept.inc raised $90m in debt and equity led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital.

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.