Top 10 Non-US FinTech Financing Rounds in 2015 Resulted in $135 Million Raised
While US FinTech companies are usually the center of attraction when it comes to funds raised, there are foreign players worth looking out for. 10 non-US FinTech financing cases through various rounds in 2015 brought significant funds from notable investors.
Out of the 10 non-US FinTech companies who raised the largest amount of funding in 2015, 4 are from Australia, 3 fromBrazil and 2 are from Kenya.
Companies overview
Kenyan Companies
1. Prospa-Australia
A single company made up the most part of total $134.93 million. Prospa, a company that provides unsecured business loans to Australian small businesses, raised $60 million in Series B from Entrée Capital, AirTree Ventures, Ironbridge Capital and The Carlyle Group.
2. Nubank- Brazil
The second place is held by Brazilian mobile-based credit card provider Nubank, which raised $30 million in Series B from Kaszek Ventures, QED Investors, Sequoia Capital and Tiger Global Management.
3. Technisys- Argentina
The third place goes to Technisys, an Argentinian omni-channel digital banking company, which raised $13 million in Series B from Alta Ventures Mexico, Endeavor Global, Intel Capital, Kaszek Ventures and Holdinvest Technology Fund.
4. SocietyOne- Australia
$10 million was raised by another Australian company,SocietyOne, a leading P2P lending platform connecting creditworthy borrowers with savvy investors. The company scored $10 million in Series B from Australian Capital Equity, Consolidated Press Holdings and News Corp.
5. ContaAzul- Brazil
Slightly less funding went into the pockets of another Brazilian player, Contazul, which provides a web based SaaS accounting system for SMBs in Brazil. The company raised $9.3 million in Series C from Brazil Ribbit Capital, Valar Ventures, 500 Startups, Tiger Global Management and Monashees Capital.
6. Guiabolso- Brazil
Guiabolso a PFM platform in Brazil that automates budgeting and guides financial decision-making, raised $7 million in Series B from Brazil Ribbit Capital, QED Investors, Omidyar Network, e.Bricks Digital and Kaszek Ventures.
7. Kopo Kopo- Kenya
Kenyan Kopo Kopo, that offers a SaaS product to enable 30 million SMEs in emerging markets to accept, process, and manage mobile money payments, raised $2.1 million in Series A from Kenya Khosla Impact, Javelin Venture Partners, Bamboo Finance and Venture Lab.
8. Promise Pay- Australia
Australian PromisePay that enables contractors, businesses, and service based marketplaces to collect, hold, and release payments, scored $2 million from Australia Cultivation Capital and Reinventure.
9. BitPesa- Kenya
Kenya’s BitPesa allows individuals and businesses to send payments to and from Kenya, Nigeria, Uganda, and Tanzania via use of Bitcoins. BitPesa raised $1.1 million in 2015.
10 Simply Wallstreet- Australia
Australian Simply Wallstreet raised $0.43 million respectively.
