Tag: US

New FinTech VC Reciprocal Ventures looks for $60m

There’s another new FinTech-focused venture firm launching with Reciprocal Ventures seeking $60m for its debut fund.

Spark Capital closes second growth fund at $606m

Affirm, eToro and Wealthfront backer Spark Capital has closed its second growth fund at $606m, according to an SEC filing.

Blockchain Capital looks to ICO for new $50m fund

Blockchain Capital is planning to make an initial coin offering (ICO) to raise capital for its new $50m fund.

TTV Capital closes fourth FinTech fund with $93m

Atlanta-based FinTech investor TTV Capital has closed its fourth fund with $93m. The fund is more than twice the size of its third fund that closed at $40m in 2013.

Bill payments processor Noventis seals $4m debt deal

Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators

Euronet makes $1bn bid to take MoneyGram from Ant Financial

A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.

Sift swipes $1.5m to unlock hidden credit card benefits

Credit card benefits and reimbursement startup Sift has raised $1.5m in a seed round from Liquid 2 Ventures and Plug and Play.

Farm financing platform ProducePay picks up $77m

Farming-focused lender ProducePay has secured $77m in equity and debt funding to provide cash-flow solutions to farmers of perishable goods.

Identity verification company ID.me grabs $19m

Users and employee verification company ID.me has raised $19m in a Series B round from FTV Capital.

Autobooks snaps up $5.5m for SME accounting platform

SME accounting and payments software provider Autobooks has picked up $5.5m in a Series A venture round. Draper Triangle Ventures led the investment.

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