Payments Insights. Opinions. Volume 21
Total Page：16
File Type：pdf, Size：1020Kb
Venture capital transaction overview Q3 2020 02 #payments VC tracker Venture capital Date Volume Funding Target Market Round Investor(s) Segment Description announced (US$m) (US$m) 1 01–07–20 Curv United States A 23.00 29.50 Commerz Ventures Alternative Develops a cloud-based wallet for payment storing and protecting digital assets. systems 2 01–07–20 Point Up Inc. United States A 10.5 12.70 Valar Ventures Issuing Provides card issuing and digital lending services for consumers. 3 01–07–20 Weifang Smart China B 2.84 2.84 Payment Designs and manufactures payment Yoke Network Mainland acceptance processing equipment for oil Technology Co., devices + stations. Ltd. Software 4 01–07–20 Creator Cash United Seed 4.00 4.00 Artis Capital Other Offers a suite of financial services, States Management, such as savings accounts, debit cards, L.P. and more to social media creators. 5 05–07–20 Spotii DMCC United Arab Seed – – Daman Alternative Develops a payment platform that Emirates Investments payment enables customers to make online PSC systems purchases and make payment in four equal installments. 6 06–07–20 Pair Finance Germany Venture 2.26 7.57 Other Provides digital debt collection services. 7 06–07–20 PAYFAZZ Indonesia B 53.00 127.10 B Capital Group, Alternative Owns and operates an online Insignia Ventures payment payment wallet. Partners systems 8 07–07–20 Thyngs United N/D 0.20 1.30 Payment Develops contactless payment Kingdom acceptance technology that connects buyers, devices + sellers, and brands. Software 9 07–07–20 Verestro Poland N/D – 1.00 Mastercard Alternative Offers payment solutions, which (formerly Upaid) payment includes digital wallet, NFC systems contactless payments, P2P transfers, QR payment, card management, and payment services. 10 07–07–20 Net Satis Iletisim Turkey A 2.00 2.00 Collective Spark Alternative Provides payment solutions in the ve Danismanlik payment field of credit card collection, card Tic. A.S. systems storage, one-click payment, and recurring payments. 11 07–07–20 Payaut Netherlands N/D 1.00 1.00 Other Offers payment solutions for online marketplaces and platforms. 12 07–07–20 Swap Brazil Seed 3.30 3.30 ONEVC Issuing Develops a Banking as a Service platform for startups to create wallets, issue cards, and for the management and operation of digital accounts. 13 07–07–20 Oliver POS Canada Seed 2.36 2.36 Payment Develops woocommerce point-of-sale acceptance (POS) software for small business devices + owners with retail shops. Software 14 08–07–20 Devizo Pty Ltd Australia N/D 8.35 29.51 Escala Partners Alternative Provides an online platform Ltd payment where users can choose from systems flexible payment options and make additional payments. 03 #payments VC tracker Venture capital Date Volume Funding Target Market Round Investor(s) Segment Description announced (US$m) (US$m) 15 10–07–20 Taulia United Venture 60.00 236.70 Ping An Global Other Develops artificial intelligence-based States Voyager Fund supply chain management, financing software solutions and payment solutions. 16 10–07–20 Nxt-ID, Inc. United N/D 1.86 13.75 Other Develops and markets solutions for States payment, Internet of Things (IoT), and healthcare applications. 17 13–07–20 Lanistar United Venture 18.97 21.39 Milaya Capital Issuing Offers polymorphic debit card Kingdom services. 18 13–07–20 Sezzle United States N/D 55.00 271.60 Alternative Provides a payments platform that payment facilitates payments between systems consumers and retailers. 19 13–07–20 HUBUC Spain N/D 0.40 0.40 Issuing Provides banking products and services, including debit/credit cards, IBAN accounts, and open banking. 20 14–07–20 goDutch India Seed 1.70 1.90 Matrix Partners Issuing A FinTech application that powers India group payments. 21 14–07–20 Relay Payments United States Venture 7.70 7.70 Payment Operates an electronic payments acceptance platform for owners/operators, devices + carriers, and brokers. Software 22 15–07–20 Lucinity Iceland A 6.10 8.10 byFounders Security Develops ClearLens, a platform for financial companies to prevent and detect money laundering. 23 15–07–20 Ravelin United C 20.67 36.81 Draper Esprit Security A smart fraud detection and Kingdom prevention platform that helps companies stop online payment fraud. 24 15–07–20 Fitbank Brazil Venture – 0.84 JP Morgan Alternative Provides integrated financial payment automation to management systems solutions, a system of accounts with financial services for receipts and payments. 25 15–07–20 Privacy.com United A 10.20 12.40 Teamworthy Issuing Privacy.com is a virtual card platform States Ventures that provides secure payments for businesses and consumers. 26 16–07–20 Hummingbird United A 8.20 11.20 Flourish Ventures Security Develops a platform for managing States anti-money laundering (AML) operations. 27 16–07–20 Bolt Financial United C 50.00 140.10 WestCap Processing Develops a suite of tools to States streamline transactions across various web platforms. 28 16–07–20 Payflow Digital Spain A 1.83 1.83 Alternative Offers a digital wallet for employees payment to access and maintain their salaries. systems 29 16–07–20 ReliefClub Inc. United Venture 13.91 16.33 Issuing Offers Oxygen Visa debit card, cash (dba Oxygen) States back rewards, manages money, and business banking services through applications. 04 #payments VC tracker Venture capital Date Volume Funding Target Market Round Investor(s) Segment Description announced (US$m) (US$m) 30 17–07–20 OnePay Morocco A 0.42 0.42 Maroc Numeric Payment Operates as a distributor of means of Fund acceptance payment and aggregator of payment. devices + Software 31 03–08–20 Volante United States Venture 35.00 35.00 Wavecrest Growth Processing Offers an ecosystem of business Technologies Partners services for accelerating payments innovation and digital transformation. 32 22–07–20 Form3 (Back United C 33.00 57.30 Lloyds Banking Processing Offers payment processing, clearing Office Kingdom Group and settlement services to financial technology) institutions and FinTechs globally. 33 22–07–20 Episode Six Hong Kong, A 7.00 10.00 HSBC Payment Offers an account management and China acceptance transaction processing system devices + which allows financial services, Software e-commerce companies, and a range of enterprises to digitize their payments systems. 34 22–07–20 Fave Singapore N/D NA 32.00 Pine Labs Payment Connects merchants and acceptance consumers to deliver payments devices + and merchant rewards. Software 35 22–07–20 Trustcard Joint Vietnam Venture 0.84 1.53 Hung Viet Green Issuing Issues electronic cards that allow Stock Company Agriculture Joint merchants to accept payments from Stock Company any VISA or Mastercard cards. 36 24–07–20 Revolut United D 80.00 917.00 TSG Consumer Money Provides a mobile application that Kingdom Partners transfer allows users to exchange currencies at interbank rates, send money through social networks, and spend with a multi-currency card. 37 27–07–20 Unike Brazil Seed 0.557 – Reussite Security Develops identification, biometrics, Participações payment, and innovation solutions. Ltda. Unike. Pay, is an instant payment solution to integrate digital wallets allowing the consumer to authorize payments. 38 26–07–20 Fawry Egypt N/D 25.02 45.40 Processing Operates as an electronic payment network in Egypt. It provides payment gateway and e-commerce solutions. 39 27–07–20 EMQ Hong Kong, B 20.00 26.50 WI Harper Group Processing Offers a payment network and China cross-border transaction settlement network. 40 29–07–20 Changyou Hong Kong, N/D 16.26 56.20 Century Couponing/ Operates an electronic platform to Alliance Group China Investment Limited Loyalty facilitate awards earned by Limited customers of loyalty programs of other companies. It also offers a facility to sell and purchase merchandise such as electronic gift cards and coupons. 41 29–07–20 MenaPay United Arab Venture – CoinShares Processing Offers blockchain-based, fully- Emirates backed cryptocurrency to provide a secure and transparent payment gateway. 05 #payments VC tracker Venture capital Date Volume Funding Target Market Round Investor(s) Segment Description announced (US$m) (US$m) 42 29–07–20 Remitly United F 85.00 505.00 PayU Money Offers a mobile payments service that States transfer enables users to make international money transfers. 43 28–07–20 True Link United B 35.00 46.60 Khosla Ventures Issuing Offers a payment card for vulnerable States older adults. 44 30–07–20 Rego Payment United States N/D 9.30 61.34 Processing Operates as a technology company Architectures, that delivers an online and mobile Inc. payment platform. 45 02–08–20 Marcandita S.L Spain A 13.01 42.51 Issuing Provides a mobile application that helps users to open an account and get a Bnext credit, debit, and prepaid card. 46 03–08–20 Vesta United N/D – 145.00 EDB Investments Security Offers a payment services solution for Corporation States Pte Ltd payments management, enterprise fraud prevention, chargeback handling, and indemnifies against the risk of fraud loss; and vGuaranteed, a payment solution for online retailers. 47 04–08–20 Cloud Pay United D 35.00 117.50 Runway Growth Payment Provides managed global payroll Kingdom Capital acceptance services to multinational devices + organizations through a single, Software unified SaaS solution. 48 04–08–20 Splitit United N/D 71.50 114.60 Woodson Capital Alternative Offers a payment method solution States Management payment enabling customers to pay for systems purchases with an existing debit or credit card by splitting the cost i7nto interest and fee-free monthly payments. 49 05–08–20 Ayoconnect Indonesia B 5.00 6.00 Processing Offers a payment network between bill providers and financial institutions to help consumers pay their bills.