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Consumer Goods E-Commerce Social Shopping Southeast Asia Trading Platform

Indonesian halal-focused social commerce startup Evermos lands $30M Series B

– Indonesian social commerce startup Evermos raised $30m in Series B funding.
– The round was led by UOB Venture Management’s Asia Impact Investment Fund II and joined by IFC, MDI Ventures, Telkomsel Mitra Innovation and Future Shape, along with returning investors Jungle Ventures and Shunwei Capital.
– The funding will be used on hiring, enhancing Evermos’ recommendation engine and other AI-based tech, and entering new regions in Indonesia.
– The company says it currently has 100,000 active resellers in more than 500 Tier 2 and Tier 3 cities, mostly in Java. Its goal is to reach more than one million resellers throughout Indonesia over the next five years.

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Developer APIs Financial Services FinTech North America Trading Platform

Alpaca raises $50M to rapidly scale its API-delivered equities trading business

– Alpaca, a fintech startup, raised $50m in Series B funding.
– The round was led by Tribe Capital and joined by Spark Capital, Portage Ventures, Social Leverage, and Horizons Ventures.
– The company plans to secure 100 partners for its equities trading tech by the end of 2021.

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Financial Services North America Trading Platform

Ondo Finance Raises $4M in Funding

– Ondo Finance is a New York-based deFi protocol startup.
– The company has raised $4m in funding.
– The round was led by Pantera Capital with participation from Genesis, Digital Currency Group, CMS, CoinFund, Chapter One, Bixin, Divergence, Protoscale Capital, The LAO, Stani Kulechov, Josh Hannah, Richard Ma, Diogo Monica, and Christy Choi.
– The funds will be used to accelerate the adoption of DeFi among mainstream investors by enabling the granular exchange of risk.

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Cryptocurrency Financial Exchanges FinTech North America Trading Platform

FalconX Raises $210M Following 30x YoY Revenue Growth; Now Valued at $3.75 Billion

– FalconX announced a $210m Series C financing round, valuing the company at $3.75bn.
– The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation from Mirae Asset. Amex Ventures also increased its existing investment as part of this round.
– FalconX is a digital assets and cryptocurrency financial services company that provides institutions trading, credit, and clearing across major cryptocurrencies.
– FalconX will use the funding from the Series C round to expand its product lines, explore strategic acquisitions, and continue to hire great talent globally, including key executives with backgrounds at the convergence of traditional financial markets, digital assets and technology.
– FalconX was founded in 2016 by a team of ex-Goldman Sachs bankers and technologists.

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Asset Management Cryptocurrency FinTech North America Trading Platform

Mudrex Raises $2.5M in Seed Funding

– Mudrex, a crypto asset management platform based in Bengaluru, raised $2.5m in seed funding.
– The round was led by Nexus Venture Partners with participation from Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal.
– The company intends to use the funds to scale the team and operations, acquire global regulatory compliances, and create innovative products.

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Cryptocurrency Eastern Asia Finance Financial Services FinTech Information Technology Trading Platform

Amber Group Raises $100M in Series B Funding at $1 Billion Valuation

– Amber Group, a Hong Kong-based crypto trading and technology company, raised $100m in Series B funding at a $1b valuation.
– The round was led by China Renaissance Group, Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, A&T Capital, Sky9 Capital, DCM Ventures, Gobi Partners, as well as existing investors Pantera Capital, Coinbase Ventures, Blockchain.com, Bit Digital, Digital Finance Group, Fenbushi Capital, Math Wallet, SNZ Capital, Continue Capital, and Mr. Zhao Qingsun.
– The company intends to use the funds to continue to expand global operations and develop market solutions for crypto investors and companies.

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Agriculture Energy Logistics North America Renewable Energy Shipping Broker Trading Platform Waste Management

EnMass Energy Raises $2.15M in Funding

– EnMass Energy from Durham NC develops a digital procurement and operations platform for global waste-to-energy supply chains.
– The company raised $2.15M in funding.
– The round was led by Blue Bear Capital, with participation from Looking Glass Capital, and Climate Cloud.
– The new investment will be aimed at launching an online marketplace for waste to energy procurement.

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Collectibles E-Commerce Marketplace North America Trading Platform

Whatnot raises $50M to let people sell Pokémon cards, Funko Pops and more via livestream

– Whatnot is a collectibles marketplace.
– The company raised $50m.
– The Series B round was led by Anu Hariharan of Y Combinator Continuity fund, and backed by Andreessen Horowitz, Animal Capital and a number of angels.
– The company plans to use the funding to expand its team and continue to build out its livestreaming platform.

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Australia and Oceania Financial Services Gift Personal Finance Trading Platform

Commission-free trading app Stake secures $30M from Tiger Global to expand into Europe

– Commission-free trading app Stake raised $30m funding.
– The round was led by Tiger Global and partners of London-based DST Global.
– It brings the total funding to $40m.
– The company plans to expand into Europe.

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Cryptocurrency Financial Services FinTech South Asia Trading Platform

Tiger Global backs Indian crypto startup at over $500M valuation

– CoinSwitch Kuber, a cryptocurrency exchange, raised $25m in Series B funding.
– The round was led by Tiger Global and valued the startup at more than $500m.
– The startup has raised $41.5m to date.

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Finance Financial Services FinTech Stock Exchanges Trading Platform Western Europe

Bux, a European Robinhood, raises $80M to expand its neo-broker platform

– Bux, a startup from Amsterdam that lets people invest in shares and exchange-traded funds (ETFs) without paying commissions (its pricing is based on flat €1 fees for certain services, no fees for others), has picked up some investment of its own, an $80 million round that it will be using to grow its business.
– The funding is coming from Prosus Ventures and Tencent (in which Prosus, the tech division of Naspers, is a major investor), as well as ABN Amro Ventures, Citius, Optiver and Endeit Capital — all new investors — as well as previous backers HV Capital and Velocity Capital Fintech Ventures.
– Bux founder Nick Bortot is stepping away and Yorick Naeff, an early employee of the company who had been the COO, is taking over.

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Collectibles Marketplace North America Sports Trading Platform

StarStock Raises $8M in Series A Funding

– StarStock from NYC is an online marketplace for sports fans and card hobbyists to buy, sell, and invest in their favorite athletes.
– The company raised $8m in Series A funding led by Andreessen Horowitz with participation from several angel investors including NBA all-star Trae Young, Twitch Co-founder Justin Kan, Chief Operating Officer of BetMGM, Ryan Spoon, and Ilkka Paananen, Co-founder of Supercell.
– StarStock intends to use the new funding to continue to expand operations and its business reach.

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Asia Finance Financial Services FinTech Trading Platform

Ajaib raises $65M Series A extension led by Ribbit Capital, increasing the round’s total to $90M

– Indonesian investment app Ajaib raised $65m in Series A extension.
– The extension was led by Ribbit Capital, the fintech investor that also led Robinhood’s $3.4 billion funding last month.
– Ajaib is Ribbit Capital’s first investment in Southeast Asia.
– The extension will be used to expand Ajaib’s product development and engineering capabilities.

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Bitcoin Blockchain Cryptocurrency Europe FinTech Trading Platform

Crypto wallet and exchange company Blockchain.com raises $300 million at $5.2 billion valuation

– Blockchain.com, a cryptocurrency company, raised $300m funding.
– The round was led by DST Global, Lightspeed Venture Partners and VY Capital.
– Existing investors also participated.
– Following today’s funding round, the company has reached a post-money valuation of $5.2 billion.

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Blockchain Europe Financial Exchanges FinTech Trading Platform

Vega raises $5M to give anyone the ability to launch a derivatives market

– Vega, a startup that is building a decentralized protocol for creating and trading on derivatives markets, has raised $5m in funding.
– The round was led by Arrington Capital and Cumberland DRW co-led the round, which also included participation from Coinbase Ventures, ParaFi Capital, Signum Capital, CMT Digital, CMS Holdings, Three Commas and a slew of others.
– The new investment brings Vega’s total funding raised to more than $10m, according to Crunchbase data.
– Vega founder Barney Mannerings launched the Vega project in 2018 with the mission of giving anyone the ability to create and launch a derivatives market.

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Financial Services FinTech Information Technology North America Trading Platform

The great Gatsby raises millions to take on Robinhood

– Gatsby, a commission-free options and stock-trading app aimed at younger traders, raised $10m in Series A funding.
– The round was led by Techstars Ventures, Beta Bridge Capital, a network of “super angels” placed by ClearList and an oversubscribed SeedInvest campaign. Previous investors include Barclays Bank, SWS Venture Capital and Rosecliff Ventures.
– The company also hosts a social network that can be a source for trade ideas or a place for Gatsby traders to share on their wins (or commiserate their losses).

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Blockchain Cryptocurrency Finance Financial Exchanges FinTech North America Trading Platform

FalconX Raises $50M in Funding

– FalconX from San Francisco provides a platform facilitating trading, credit, and clearing for institutions.
– Company raised $50m in Series C funding.
– The round was led by Tiger Global and B Capital Group joined by Coinbase Ventures, CMT Digital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures.
– The new investment will be used to scale its team and further expand its business lines to support new market growth.

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Financial Services FinTech North America Stock Exchanges Trading Platform

Neobroker nextmarkets receives $30 million in Series B funding round

– nextmarkets, the innovative and commission-free online broker, receives $30 million in a Series B financing round.
– The additional capital is intended to further accelerate the European expansion of the FinTech company, which was founded in Cologne in 2014, and to establish nextmarkets as the leading neobroker in Europe.
– In addition to Germany and Austria, six further countries – the United Kingdom, Portugal, the Netherlands, France, Spain and Italy – were launched at the end of 2020.
– The financing round closes out a successful 2020 financial year for nextmarkets, in which the company was able to multiply all KPIs such as the number of executed transactions, customer deposits, as well as the number of customers.

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Delivery E-Commerce North America Trading Platform Wine And Spirits

Foxtrot Market Closes $42 Million In Series B Investment Round

– Foxtrot Market received a $42m Series B investment round led by David Barber’s Almanac Insights and Monogram Capital Partners.
– The round was also backed by David Chang, Nicolas Jammet, and Walter Robb.
– Foxtrot Market plans to double its store count by the end of 2021.
– Foxtrot will also expand its line of private label packaged goods and gift offerings, and continue to invest in nationwide shipping.
– Foxtrot has made three new appointments to its executive team: Sumi Ghosh, COO; Scott Holloway, SVP, Delivery; and Caroline Barry, VP, Strategy.

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Bitcoin Blockchain Cryptocurrency Financial Services FinTech North America Trading Platform

Mogo Announces Strategic Investment in Coinsquare, Canada’s Leading Digital Asset Trading Platform

Mogo announced its investment in Coinsquare.
– The investment is part of a strategic partnership with Coinsquare, Canada’s leading digital asset trading platform.
Mogo will acquire 19.99% ownership of Coinsquare for total consideration of approximately $56.4 million.
Mogo will also have the right to acquire an additional 20% ownership interest in Coinsquare through purchases of shares from current shareholders and the exercise of warrants under certain conditions.
– The strategic investment builds on a multi-year relationship between the two companies.
– Coinsquare acts as the trading platform for MogoCrypto, a service Mogo launched in 2018 to allow its members an easy and convenient way to buy and sell bitcoin.

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Apps Europe Finance Financial Services FinTech Trading Platform

Tickr, which allows retail investors to back impact companies, secures $3.4M from Ada Ventures

– Tickr, an app that allows U.K. consumers to make financial investments based on their impact on society and the environment, has secured £2.5m in funding lead by Ada Ventures, a VC which focuses on “impact” startups.
– The cash will be used for product development, expanding the user base, and eventually taking Tickr into other European countries from its current U.K. base.
– The core business model is £1 p/m per customer, plus 0.30% on assets above £3,000. Additional products, like carbon offsets, for example, are charged as a separate additional subscription depending on the tier selected.

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Cryptocurrency Financial Exchanges Financial Services FinTech North America Trading Platform

Robinhood Raises $3.4 Billion in Funding

– Robinhood is a Menlo Park, California-based provider of an online trading app.
– The company raised $3.4bn in funding.
– The round was led by Ribbit Capital with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.
– The new investment will be used to continue to invest in customer growth and build and enhance products that give more people access to the financial system.

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