Search Results for "Y Combinator"
13 results for "Y Combinator"
Deals 13
Spade Raises $40M Series B for Payment Transaction Data Infrastructure
Spade, a U.S.-based data infrastructure startup, raised $40 million in Series B funding led by Oak HC/FT. Andreessen Horowitz and Y Combinator also backed the round. Spade converts raw payment transaction data into structured data with 99.9% coverage of U.S. and Canadian merchants.
Formance Raises $21M Series A to Build Modular Fintech Infrastructure
French fintech Formance raised $21 million in Series A funding co-led by PayPal Ventures and Portage to build modular banking infrastructure. The platform offers APIs for financial connectivity, payments orchestration, and ledgers, positioning itself as the 'AWS of fintech.' U.S. customers already account for 40% of revenue.
Gigs Raises $73M Series B to Embed Mobile Services via BaaS Platform
Gigs, a BaaS-style operating system enabling tech companies to embed mobile and telecom services, raised $73 million in Series B funding led by Ribbit Capital. Google's Gradient, Y Combinator, and Speedinvest also participated. The funding will support geographic expansion and new product development.
Slope Raises $65M With J.P. Morgan for AI-Led B2B Payments Platform
Slope, an AI-led B2B payments platform, secured $65 million in strategic equity and debt funding from J.P. Morgan Payments, Y Combinator, and Saga. Total funding reached $252 million. The company embeds short-term financing into point-of-sale systems, bridging banking and commerce.
Nigerian BaaS Provider Anchor Raises $2.4M Seed Round
Anchor, a Nigerian banking-as-a-service provider, secured $2.4 million in seed funding led by Goat Capital. Other investors included FoundersX, Rebel Fund, Y Combinator, and Byld Ventures. The funds will be used to strengthen compliance, enhance its core ledger, and scale customer onboarding.
Decentro Raises $4.7M Series A for Banking API Platform
Bengaluru-based banking and payments API startup Decentro raised $4.7 million in Series A funding led by Rapyd Ventures, Leonis VC, and Uncorrelated Ventures. The Y Combinator-backed company enables businesses to integrate banking, payments, and fintech workflows via APIs. Funds will be used for hiring and expanding its customer base across Indian financial institutions.
Passiv Raises $2.2M Seed Round to Build SnapTrade Unified Brokerage API
Passiv closed a $2.2 million seed round to develop SnapTrade, a unified API infrastructure enabling fintech apps to aggregate and trade across retail brokerage accounts. Investors include Mistral Venture Partners, Uncorrelated Ventures, and others. SnapTrade differentiates from bank-focused aggregators by supporting investments and live trading across 20+ apps.
Anchor BaaS Platform for Africa Joins Y Combinator S22 Batch
Anchor, a banking-as-a-service platform for Africa, was one of three fintech companies from the continent selected for Y Combinator's Summer 2022 batch. The accelerator program concluded in September 2022. Anchor's inclusion highlights growing BaaS demand in African markets.
Atomic Raises $25M Series A for Investing API Infrastructure
Atomic, a San Francisco-based fintech, raised $25 million in Series A funding co-led by QED Investors and Anthemis to launch its investing API platform from stealth. The platform enables fintechs and banks to embed wealth management, trading, and impact investing features without building in-house regulatory or compliance systems. SoftBank and Y Combinator also participated in the round.
PayMongo Raises $2.7M from Stripe, Founders Fund, and Y Combinator
PayMongo, a Philippine online payment provider, raised $2.7 million from strategic investors including Stripe, Peter Thiel's Founders Fund, and Y Combinator. The investment highlights Stripe's strategy of backing embedded payments infrastructure in emerging markets. PayMongo aims to simplify online payments for businesses in the Philippines.
Razorpay Raises $75M Series C for India Payment Infrastructure
Indian online payments startup Razorpay raised $75 million in Series C funding led by Ribbit Capital and Sequoia Capital, valuing the company at approximately $450 million. Tiger Global and Y Combinator Continuity Fund also participated. Razorpay provides payment APIs enabling businesses to embed financial services.
UK Challenger Bank Monzo Closes $144M Series F at $2.5B Valuation
Monzo, the UK-based digital challenger bank, closed a $144 million Series F round led by Y Combinator, bringing its valuation to $2.5 billion. Existing investors General Catalyst, Accel, Passion Capital, Thrive Capital, and Orange Digital Ventures participated. The round positions Monzo to expand its digital banking platform.
India's Razorpay Raises $20M Series B Led by Tiger Global and YC
Indian payment gateway Razorpay raised $20 million in a Series B round led by Tiger Global and Y Combinator Continuity, with participation from Matrix Partners. The funding came amid reported interest from Stripe, PayPal, Amazon, and Adyen for potential partnerships or acquisitions to expand in India.