A weekly FinTech summary to get the latest funding news from North America. Featuring Pebble, Arteria, Hardbacon and Digital Asset.
New York based financial app Pebbles Secured $ 6.2 million With funding.
The round will be led by Y Combinator and other investors such as Lightshed Ventures, Soma Capital, Eniac Ventures, Global Founders Capital, Montage Ventures, East Ventures, Cadenza Capital, The House Fund, Spice Capital, Helium-3 Ventures and Bluewatch Ventures. Did. ..
Pebble says he plans to use the money to accelerate growth and expand into new markets.
Pebble, a blockchain-based financial product, allows users to pay, save, send and use money.
Arteria AIEnterprise Digital Documentation Software Unpublished total Funded by the bank’s investment arm Citi Sprint and BDC Capital.
Arteria states that it uses artificial intelligence and data to make the documentation process “friction-free.”
The company’s products can be used for drafting, negotiating and analyzing documents and contracts. The platform claims to be built for the specific requirements of institutional banks and the trading sector.
In addition to StandUp Ventures and Golden Ventures, Information Venture Partners and Illuminate Financial invested in this round.
Arteria states that capital will be used to accelerate its growth and solution adoption.
Montreal-based FinTech start-up Hard bacon Raised $ 400,000 In an equity crowdfunding campaign via FrontFundr.
Hardbacon is a personal finance application that helps people plan, budget, save and invest in one app.
According to the company, it has reached 85% of its $ 500,000 funding target and has raised more than $ 2.35 million in total funding since the establishment of Hardbacon.
U.S.-based company Digital assets received Undisclosed amount It is funded by SBI Holdings of Japan and has agreed to establish a joint venture in Japan.
The joint venture will be officially launched in 2022 with equivalent ownership and will operate in the Japanese and East Asian markets.
Digital Asset works with financial institutions and market infrastructure on blockchain-related projects such as the Australian Stock Exchange, Deutsche Boerse, Hong Kong Stock Exchange and Goldman Sachs.
Yoshitaka Kitao, President and Representative Director of SBI Holdings, said:
“We look forward to further accelerating the SBI Group’s digital asset-related business and digital transformation by actively introducing digital asset technology.”
Pebble, Arteria, Hardbacon, Digital Asset
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