Tag: Y Combinator

Payment technology developer Promise has scored more than $20m in its Series A round which will help its goal of bringing update government payment systems.

Cybersecurity consultant Cyble has received a pre-seed funding round from Y Combinator and has been accepted into its Winter 2021 accelerator programme.

New York-based Titan, which claims to be building operating systems for active investment management, has collected $12.5m for its Series A.

Stilt, which provides financial services to immigrants in the US, has raised a $100m warehouse facility from Silicon Valley Bank.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Volopay, which supplies companies with a financial control centre, has reportedly collected $2.1m in funding.

Payments operations software platform Modern Treasury has bagged $38m in its Series B round, which will enable the company to grow its product offering.

Investment platform Ajaib Group has reportedly scored a $25m in its Series A funding round, which was led by Horizons Ventures and Alpha JWC.

Venture capital firms continued to actively back RegTech companies in 2020 as financial institutions left the space.

Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".