{"id":2988,"date":"2016-09-27T19:03:33","date_gmt":"2016-09-27T19:03:33","guid":{"rendered":"https:\/\/insights.invyo.io\/europe\/?p=2988"},"modified":"2019-04-12T17:24:29","modified_gmt":"2019-04-12T17:24:29","slug":"fund-story-1-discover-this-weeks-top-funding-rounds-in-fintech-in-each-continent","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/europe\/industries\/investments\/fund-story-1-discover-this-weeks-top-funding-rounds-in-fintech-in-each-continent\/","title":{"rendered":"Fund story #1 – Discover this week’s top funding rounds in Fintech in each continent"},"content":{"rendered":"

You wanna know what’s hot in Fintech outside your country? Then you got to follow\u00a0our weekly fund story\u00a0that reveals the top funding rounds\u00a0made by Fintech start-ups in Asia-pacific, Europe, Africa, North America and Latin America.<\/strong><\/p>\n

Please note that we will highlight older funding rounds in the case that we are not able to provide information on a fundraising made during the current week.<\/em><\/p>\n

ASIA-PACIFIC<\/h3>\n

\"techfoliance_fund-story-week-1_u51\"<\/a>Name<\/strong>: U51.com<\/strong><\/a>
\nCountry<\/strong>:\u00a0China
\nAmount<\/strong>: 310 million dollars
\nInvestors<\/strong>:\u00a0Tiantu Capital,\u00a0Xinhu Zhongbao
\nFunding date<\/strong>: September 21, 2016
\nDescription<\/strong>:\u00a0Founded in 2012, U51.com, also known as 51Xinyongka, helps users manage their credit card bills, invest in wealth management products, apply for online loans and provide other personal credit-based financial services.<\/p>\n

EUROPE<\/h3>\n

\"techfoliance_fund-story-week-1_financefox\"<\/a>Name<\/strong>: FinanceFox<\/strong><\/a>
\nCountry<\/strong>: Germany
\nAmount<\/strong>: 28 million dollars
\nInvestors<\/strong>: AngelList, Horizon ventures, Idinvest partners, Salesforce ventures, Seedcamp, Speedinvest, Target global, Victory Park Capital
\nFunding date<\/strong>: September 20, 2016
\nDescription<\/strong>:\u00a0FinanceFox is\u00a0an InsurTech\u00a0based in Berlin, Zurich and Barcelona. Founded in November 2014 in Switzerland, it\u00a0combines many years’ experience in the insurance industry with the world of digital technology. With its app\u00a0it\u00a0enables\u00a0customers\u00a0to manage their finance products cleverly and efficiently.<\/p>\n

AFRICA<\/h3>\n

\"techfoliance_fund-story-week-1_zoona\"<\/a>Name<\/strong>: Zoona<\/strong><\/a>
\nCountry<\/strong>:\u00a0South Africa
\nAmount<\/strong>: 15 million dollars
\nInvestors<\/strong>:\u00a0International Finance Corporation
\nFunding date<\/strong>: August\u00a017, 2016
\nDescription<\/strong>: Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments.<\/p>\n

NORTH AMERICA<\/h3>\n

Name<\/strong>: Ripple<\/strong><\/a>\"techfoliance_fund-story-week-1_ripple\"<\/a><\/strong>
\nCountry<\/strong>:\u00a0United States
\nAmount<\/strong>: 55\u00a0million dollars
\nInvestors<\/strong>: Abstract Ventures, Accenture, CME Ventures, GV, Santander Innoventures, SBI Investment
\nFunding date<\/strong>: September 16, 2016
\nDescription<\/strong>: Ripple is creating a global real-time payment system by providing enterprise-grade solutions to banks and financial institutions.<\/p>\n

LATIN AMERICA<\/h3>\n

\"techfoliance_fund-story-week-1_kubo-financiero\"<\/a>Name<\/strong>: Kubo financiero<\/strong><\/a>
\nCountry<\/strong>:\u00a0Mexico
\nAmount<\/strong>: 7.5\u00a0million dollars
\nInvestors<\/strong>: Alta Ventures Mexico, Bamboo Finance, Capital Invent, Endeavor Catalyst, KuE Capital, Monex Precious Metals, Tanant Capital, Vander Capital Partners, Wayra
\nFunding date<\/strong>: August 4, 2016
\nDescription<\/strong>: Kubo.financiero is a regulated microfinance institution that provides accessible and affordable loans to borrowers in Mexico. Ranging from US$400 to $4,100, these loans can be used for working capital, fixed assets, education fees and supplies, and pre-payment for other loans that have higher interest rates.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

You wanna know what’s hot in Fintech outside your country? Then you got to follow\u00a0our weekly fund story\u00a0that reveals the top funding rounds\u00a0made by Fintech start-ups in Asia-pacific, Europe, Africa, North America and Latin America. Please note that we will highlight older funding rounds in the case that we are not able to provide information […]<\/p>\n","protected":false},"author":2,"featured_media":3008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[97],"tags":[521,957,994,307,318,992,317,306,265,333,993,268],"yoast_head":"\nFund story #1 - Discover this week's top funding rounds in Fintech in each continent - INVYO Insights Europe : Media Fintech<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insights.invyo.io\/europe\/industries\/investments\/fund-story-1-discover-this-weeks-top-funding-rounds-in-fintech-in-each-continent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fund story #1 - Discover this week's top funding rounds in Fintech in each continent - INVYO Insights Europe : Media Fintech\" \/>\n<meta property=\"og:description\" content=\"You wanna know what’s hot in Fintech outside your country? 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