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5 results for "Lightspeed Venture Partners"

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Synctera Raises $18.6M Series A-1 Extension for US Expansion

Synctera announced an $18.6 million Series A-1 extension co-led by Lightspeed and Fin Capital. The funding supports the BaaS platform's US expansion and its push to serve larger customers. The round underscores continued investor interest in banking-as-a-service infrastructure despite broader fintech market headwinds.

Mar 4, 2024

Alloy Raises $52M to Expand Identity Decisioning Platform for Banks and Fintechs

Alloy, an identity decisioning platform serving over 300 banks and fintechs, raised $52 million in additional funding led by Lightspeed Venture Partners and Avenir Growth, reaching a $1.55 billion valuation. The API-based infrastructure connects clients to over 160 data sources for KYC/KYB, AML, credit, and compliance workflows. The funding targets accelerated growth and global expansion amid rising fraud demands.

Sep 1, 2022

Alloy Raises $100M Series C at $1.35B Valuation for Identity Platform

Alloy, an identity operating system for banks and fintechs, raised $100 million in Series C funding at a $1.35 billion valuation led by Lightspeed Venture Partners. The platform connects to 120 identity data providers to prevent fraud during onboarding and transactions. The unicorn valuation reflects the critical role of identity infrastructure in embedded finance.

Sep 30, 2021

Teller Raises $4M Seed for Bank Account API Access Platform

Teller, a bank account API access startup competing with Plaid, raised a $4M seed round from Lightspeed Venture Partners, Founders Fund, and SciFi. The company provides direct API connections to bank accounts, enabling fintechs to embed banking data access into their applications.

Jan 27, 2020

BlueVine Raises $102.5M Series F to Expand Small Business Banking

BlueVine, a fintech offering small business lending and BaaS-like checking accounts, raised $102.5 million in a Series F round led by ION Crossover Partners. The funding will be used to scale its business checking account launched in October 2019 and expand its integrated banking and financing platform. The round brought BlueVine's total funding to $692 million including debt.

Nov 19, 2019