– Hash, a payment infrastructure fintech, raised $40m in Series C funding.
– The round was led by QED Investors and Kaszek.
– It brings the total funding to $59m since its inception in 2017.
– The company offers “end-to-end” payment infrastructure for non-financial B2B companies looking to offer banking services.

– Ocrolus, a San Francisco-based automation platform that analyzes financial documents with over 99% accuracy, announced $80m in Series C funding.
– The round was led by Fin VC at a valuation north of $500m.
– Additional participants in the round were Thomvest Ventures, Mubadala Capital, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Invicta Growth, Stage 2 Capital, and Cross River Bank.
– The company plans to use its new funding to more aggressively build products for the mortgage lending and banking industries and expand its US operations.

– Brazilian digital lender Cora raised $116m in Series B funding.
– The round was led by Greenoaks Capital and joined by Tiger Global and Tencent.
– Existing backers Kaszek, QED and Ribbit Capital also participated.
– The company declined to comment on valuation.

– Seek, a NYC-based new influencer-centric consumer leisure recommendation platform, raised $4m in seed funding.
– Backers included Valar Ventures, QED Investors, WTI, Breyer Capital, Entrée Capital and Goodwater Capital.
– The company intends to use the funds for product development to bring features and functionality for the platform’s tastemakers as well as expand and scale its consumer experience.

– XpertSea, a Canadian company transforming how seafood is farmed and traded, announced it has closed a $20M USD Series B funding round.
– The round was led by QED Investors and Atlantico with Investissement Quebec joining previous investors Obvious Ventures, Aqua-Spark, Tony Fadell’s Future Shape, Real Ventures and edō Capital.
– QED partner Lauren Morton will join XpertSea’s board, resulting in both an executive team and a board where women are in the majority.
– By 2050 our planet will need 70% more food production to feed 10 billion people. Aquaculture represents one of the most efficient and sustainable ways to supply that quality protein, but technology gaps and the lack of financial services to underbanked farmers are major barriers to growth.

– Reserve Trust, the first fintech trust company with a Federal Reserve master account, announced a $30.5m Series A investment.
– Led by QED Investors with participation from FinTech Collective and Ardent Venture Partners.
– In conjunction with the fundraise, Reserve Trust also announced that Dave Wright has been named CEO and Dave Cahill has joined the company as Chief Operating Officer.
– This move reunites two tech entrepreneurs that have collectively been involved in founding, building, and scaling multiple startups with four successful exits between them.

– Wildfire Systems from Solana Beach, CA provides a financial technology platform which enables enterprise partners to embed social commerce, rewards, and cashback offerings within their existing services.
– The company raised $15M in Series A funding.
– The round was co-led by TTV Capital and QED Investors with participation from new investors B Capital, the George Kaiser Family Foundation, and Daher Capital, and existing investors including Mucker Capital, Bonfire Ventures, Moonshots Capital, and BAM Ventures.
– The new investment will be used to expand the launch of its new white-label monetization platform.

– Sundae is a San Francisco, CA-based residential real estate marketplace.
– The company closed $80m in Series C funding.
– The round was co-led by Fifth Wall and General Global Capital, with participation from QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels, and Oberndorf Ventures.
– The company intends to use the funds to continue expanding to new markets, investing in its online marketplace platform and digital tools for sellers and buyers, and building brand awareness to reach more homeowners and property investors across the country.

– Ntropy is a London, UK- and San Francisco, CA-based company removing data barriers to understand financial transactions.
– The company raised $3.2M in seed funding.
– The round was led by QED Investors with participation from January Ventures.
– Ntropy intends to use the funds to hire key engineering and commercial talent, to support market growth and future product development.

– Rest Less is a digital community to help its members in their 50s, 60s and beyond get content guidance and resources on topics spanning Jobs and Careers, Volunteering, Learning, Money, Health and Lifestyle and Dating.
– The company raised £6.1m in Series A funding.
– The round was led by MTech Capital and Viola FinTech with further participation from existing investors, QED Investors and Octopus Ventures.

– Betterfly, the purpose-driven benefits platform, announced that it has raised $60m in Series B from partners of DST Global, QED investors, Valor Capital, Endeavor Catalyst and the SoftBank Latin America Fund.
– The $60m Series B represents Latin America’s largest insurtech fundraising round and comes just six months after Betterfly raised its $18m Series A.
– The round brings Betterfly’s total equity raised to $80m.
– Betterfly, founded in 2018 by Endeavor entrepreneur Eduardo della Maggiora, is reimagining both product and distribution in the global insurance market and has developed a unique embedded insurance B2B2C model that integrates wellbeing, insurance and social purpose with a mission to help people do better, live better, and be better.

– Hello Alice is a machine learning platform connecting small business owners to capital, networks and business services.
– Series B funding raised $21m.
– The round was led by QED Investors with participation from Backstage Capital, Blue Ivy, Cathie Reid, BCO Venture Fund, Belle Capital, Jacki Zehner, Jake Hastings, Harbert Growth Partners, How Women Invest, Golden Seeds, Green Book Ventures, Jean Case, Lovell Family, Ring Fund, Shatter Fund, Signia Venture Partners and Silicon Valley Bank.
– The company intends to use the funds to enhance the predictive capabilities on its platform to further personalized learning paths and launch a mobile application.

– Capchase is a NYC-based provider of non-dilutive capital for recurring-revenue companies.
– Company raised $125m in Series A equity and debt funding.
– The round was led by QED Investors, with participation from Bling Capital, ScifiVC and Caffeinated Capital and several angel investors.
– The new investment will be used to launch just-in-time financing for tech companies and expand into the UK and Spain.

– Trellis Technologies, Inc. from San Francisco CA raised $10M in Series A funding.
– The round was led by QED Investors with participation from existing investors NYCA Partners and General Catalyst.
– Trellis intends to use the funds to accelerate hiring, expand partnerships and develop new products.

– Spinwheel is a platform that lets companies embed consumer debt solutions in their applications.
– The company raised $11m in Series A funding.
– QED Investors led the round and was joined by Core Innovation Capital, Fika Ventures, and Firebolt Ventures.
– Spinwheel is known as a modern loan infrastructure startup that helps Americans get out of debt sooner by making it possible to embed the application, payment and management of loans into the apps people use the most.

– Wayflyer from Dublin develops a revenue-based financing and growth platform to eCommerce merchants.
– The company raised $76m in Series A funding.
– The round was led by Left Lane Capital, with participation from DST Global, QED Investors, Speedinvest and Zinal Growth, the family office of Guillaume Pousaz (founder of Checkout.com).
– The new investment will be used for marketing, product development and international expansion.

– Treasury Prime, a San Francisco, CA-based Banking as a Service (BaaS) company, completed a $20m Series B insider round.
– The round was co-led by Deciens Capital and QED Investors with participation from SaaStr Fund, Pacific Western Bank, and Susa Ventures.
– The company intends to use the funds to accelerate go-to-market programs and to expand sales, marketing, and engineering teams.
– Led by Chris Dean, co-founder and CEO, Treasury Prime is a Banking as a Service (BaaS) company that connects banks and fintechs through an API allowing developers to build and launch apps quickly.

– Warren has consolidated its position among Brazil’s top financial institutions by announcing a R$ 300m Series C round.
– The round was led by Singapore’s sovereign wealth fund GIC, a long-term global investor with investments in large groups such as Nubank, Sankhya, VR Benefícios and Hotmart.
– This funding round, which, at twice as much as the two prior rounds, was a record for the company, also included participation from Ribbit Capital, Kaszek and Chromo Invest – investors since Series A – and from QED Investors, Meli Fund and Quartz – investors since Series B.
– The fundraise reinforces Warren’s place as a pioneer in disrupting Brazil’s financial market, offering a transparent model aligned with the client.

– Tribal Credit, a startup that provides payment products for startups and small to medium-sized businesses (SMBs) in emerging markets, raised $34.3m in a combined Series A and debt round.
– The round was led by QED Investors and Partners for Growth (PFG), and joined by BECO Capital, Global Ventures, OTG Ventures and Endure Capital, and new investor Endeavor Catalyst.
– The company also received $3m from the Stellar Development Foundation.

– Minu, an employee financial wellness company, today announced that it has raised $14 million in Series A funding.
– The round was led by FinTech Collective, with participation from VEF, XYZ Ventures, and FJ Labs, as well as DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale. Existing investors QED Investors, Next Billion Ventures, and Village Global also participated.
– The round includes $2.5 million of debt from Banco Sabadell Mexico. To date, Minu has raised a total of $20 million.