At MEDICI, we have been tracking the FinTech industry for quite some time, analyzing various trends and drawing conclusions. Most of our forecasts have come true over the past few years. We have discussed how FinTechs are making an impact, the soaring valuation of FinTechs, bank-FinTech collaborations, and emerging venture arms of banks which are investing in FinTechs. In this article, we’ll focus on some leading banks and their venture capital arms.
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Venture Financing
 
  • Circle, a stablecoin and cryptocurrency provider building tools for financial services institutions to integrate crypto, raised $440 million from backers including Fidelity.
     
  • Forter, which helps e-commerce payment companies combat fraud, raised a $300 million Series F at a $3 billion valuation.
     
  • Zeta, an Indian banking startup, raised a $250 million Series D.
     
  • Snapdocs, a mortgage lending digital closing platform, raised a $150 million Series D.
     
  • Paysend, a UK mobile payments platform, raised a $125 million Series B at a $700 million valuation.
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At MEDICI, we enable FinTech-at-Scale to create global economic impact.​
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