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#fintech

Financial technology startup Smartkarma announced it raised $21 million in Series B financing led by Sequoia India, with participation from Wavemaker Partners, Jungle Ventures, and Spring SEEDS Capital. [bg_collapse view="link" color="#4a4949" icon="arrow" expand_text="Continue reading" collapse_text="Show less” ] Smartkarma is an independent financial research platform that provides differentiated

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TokenBnk is an Ethereum-based decentralized application that automatically rewards users for holding Ether or ERC20 tokens. The makers liken it to owning an Ethereum-based savings account and earning interest rates. The rewards users receive automatically get exchanged to the same tokens they hold in their

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AppZen completed $13 million in Series A financing led by Redpoint Ventures. Resolute Ventures also participated in the round. AppZen's AI-powered solution automates expense report creation, compliance, and audit. Its patent pending technology automatically detects accidental as well as intentional fraud, and provides real-time compliance

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Fintech startup Wahed announced it has secured $2 million in seed financing from Cue Ball Group and BECO Capital. Wahed Invest LLC is an SEC registered investment advisory that seeks to provide a safe, reliable, and automated Shari’ah compliant investment vehicle to Islamic investors across the

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Braviant Holdings, a leading fintech startup that offers analytics and technology-driven credit solutions for underserved Americans, has entered into a $40 million Senior Secured Credit Facility with Redpoint Capital Group for its wholly-owned subsidiary, Balance Credit. Since inception, Balance has facilitated nearly $100 million in credit

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Cost.ly is an Android product that allows users to calculate discounts and the associated sales taxes with the slide of a finger. Its maker created the app after frequently finding himself wasting time trying to figure out how much something would cost after a discount. Cost.ly

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Canadian fintech startup Lendified completed $60 million in debt financing from ClearFlow. As an online lender for small businesses, Lendified offers a customizable platform to financial institutions throughout the world as an alternative to traditional bank loans and expensive merchant advance financing. Small businesses can apply

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Fintech startup Credit Sesame announced it has raised $42 million in financing. Six investors participated in the round, among them Menlo Ventures, Inventus Capital Partners, Globespan Capital Partners, IA Capital Group, and SF Capital Group. Credit Sesame is a free online personal finance tool that provides

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Homelyfe closed $2.8 million in seed financing led by Talis Capital and Peterson Partners. London-based Homelyfe created an app for buying and managing insurance. Users view multiple insurance policies all in one place in real time, making it easy for them to compare and purchase the

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