20 Largest Fintech Funding Rounds of 2020
Company Showcase
KYC HUB
KYC Hub is an onboarding and screening platform that delivers automated tools and up-to-date, advanced insights that enable compliance teams to protect against fraud and financial crime while reducing false positives, customer friction, and manual work. Their solutions include anti-money laundering, trade AML, and full financial crime compliance.
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Secondary Market - Silver Lake
Organization Name: Silver Lake
Organization Description:Silver Lake is a global technology investment firm focused solely on making large-scale investments in leading technology companies.
Organization Location:Menlo Park, California, United States, North America
Total Funding Amount Currency (in USD):2000000000
Funding Status:Secondary Market
Money Raised Currency (in USD): 2000000000
Announced date:2020-09-30
Equity Only Funding:No
Series G - One97
Organization Name: One97
Organization Description:One97 delivers mobile content and commerce services to its customers.
Organization Location:Noida, Uttar Pradesh, India, Asia
Total Funding Amount Currency (in USD):4432652051
Funding Status:Series G
Money Raised Currency (in USD): 1000000000
Announced date:2019-11-25
Equity Only Funding:Yes
Post-IPO Equity - Bank of America
Organization Name: Bank of America
Organization Description:Bank of America offers banking, investing, and other financial and risk management services to individuals, SMBs and large corporations.
Organization Location:Charlotte, North Carolina, United States, North America
Total Funding Amount Currency (in USD):1200000000
Funding Status:Post-IPO Equity
Money Raised Currency (in USD): 800000000
Announced date:2020-07-23
Equity Only Funding:Yes
Series E - Chime
Organization Name: Chime
Organization Description:Chime is a fintech company that helps its members avoid bank fees, save money automatically, and lead healthier financial lives.
Organization Location:San Francisco, California, United States, North America
Total Funding Amount Currency (in USD):1542603117
Funding Status:Series E
Money Raised Currency (in USD): 699999995
Announced date:2019-12-05
Equity Only Funding:Yes
Series G - One97
Organization Name: One97
Organization Description:One97 delivers mobile content and commerce services to its customers.
Organization Location:Noida, Uttar Pradesh, India, Asia
Total Funding Amount Currency (in USD):4432652051
Funding Status:Series G
Money Raised Currency (in USD): 47240000000
Announced date:2019-12-13
Equity Only Funding:Yes
Private Equity Round - Klarna
Organization Name: Klarna
Organization Description:Klarna is an eCommerce payment solutions platform for merchants and shoppers.
Organization Location:Stockholm, Stockholms Lan, Sweden, Europe
Total Funding Amount Currency (in USD):2084713451
Funding Status:Private Equity
Money Raised Currency (in USD): 650000000
Announced date:2020-09-15
Equity Only Funding:Yes
Debt Financing - Secfi
Organization Name: Secfi
Organization Description:Secfi is a pre-wealth management platform that helps private company employees and shareholders with equity planning.
Organization Location:San Francisco, California, United States, North America
Total Funding Amount Currency (in USD):557000000
Funding Status:Debt Financing
Money Raised Currency (in USD): 550000000
Announced date:2020-01-14
Equity Only Funding:No
Series F - Chime
Organization Name: Chime
Organization Description:Chime is a fintech company that helps its members avoid bank fees, save money automatically, and lead healthier financial lives.
Organization Location:San Francisco, California, United States, North America
Total Funding Amount Currency (in USD):1542603117
Funding Status:Series F
Money Raised Currency (in USD): 533828122
Announced date:2020-09-18
Equity Only Funding:Yes
Series D - Revolut
Organization Name: Revolut
Organization Description:Revolut is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange.
Organization Location:London, England, United Kingdom, Europe
Total Funding Amount Currency (in USD):916954619
Funding Status:Series D
Money Raised Currency (in USD): 500000000
Announced date:2020-02-17
Equity Only Funding:Yes
Series G - Affirm
Organization Name: Affirm
Organization Description:Affirm is a financial technology services company that offers installment loans to consumers at the point of sale.
Organization Location:San Francisco, California, United States, North America
Total Funding Amount Currency (in USD):1520000000
Funding Status:Series G
Money Raised Currency (in USD): 500000000
Announced date:2020-09-17
Equity Only Funding:Yes
Series G - Robinhood
Organization Name: Robinhood
Organization Description:Robinhood is a financial technology company that offers commission-free investing.
Organization Location:Menlo Park, California, United States, North America
Total Funding Amount Currency (in USD):2174325000
Funding Status:Series G
Money Raised Currency (in USD): 460000000
Announced date:2020-09-22
Equity Only Funding:Yes
Post-IPO Equity - Bank of America
Organization Name: Bank of America
Organization Description:Bank of America offers banking, investing, and other financial and risk management services to individuals, SMBs and large corporations.
Organization Location:Charlotte, North Carolina, United States, North America
Total Funding Amount Currency (in USD):1200000000
Funding Status:Post-IPO Equity
Money Raised Currency (in USD): 400000000
Announced date:2020-07-28
Equity Only Funding:Yes
Funding Round - Navi Technologies
Organization Name: Navi Technologies
Organization Description:Navi is a Bengaluru-based firm helping build consumer-centric businesses in the BFSI (Banking, Financial Services & Insurance) space.
Organization Location:Bengaluru, Karnataka, India, Asia
Total Funding Amount Currency (in USD):581977109
Funding Status:Funding Round
Money Raised Currency (in USD): 30070000000
Announced date:2020-04-02
Equity Only Funding:Yes
Series A - Molo
Organization Name: Molo
Organization Description:MoloFinance is a London-based fintech that develops a fully digital, direct-to-consumer mortgage solution in the UK.
Organization Location:London, England, United Kingdom, Europe
Total Funding Amount Currency (in USD):279700000
Funding Status:Series A
Money Raised Currency (in USD): 266000000
Announced date:2020-10-05
Equity Only Funding:Yes
Post-IPO Debt - Funding Circle
Organization Name: Funding Circle
Organization Description:Funding Circle is a lending platform for small businesses.
Organization Location:London, England, United Kingdom, Europe
Total Funding Amount Currency (in USD):746417715
Funding Status:Post-IPO Debt
Money Raised Currency (in USD): 250000000
Announced date:2019-12-02
Equity Only Funding:No
Series F - Robinhood
Organization Name: Robinhood
Organization Description:Robinhood is a financial technology company that offers commission-free investing.
Organization Location:Menlo Park, California, United States, North America
Total Funding Amount Currency (in USD):2174325000
Funding Status:Series F
Money Raised Currency (in USD): 320000000
Announced date:2020-07-13
Equity Only Funding:Yes
Secondary Market - TransferWise
Organization Name: TransferWise
Organization Description:TransferWise is a money transfer service allowing private individuals and businesses to send money abroad without hidden charges.
Organization Location:London, England, United Kingdom, Europe
Total Funding Amount Currency (in USD):1091682792
Funding Status:Secondary Market
Money Raised Currency (in USD): 319000000
Announced date:2020-07-29
Equity Only Funding:No
Debt Financing - October
Organization Name: October
Organization Description:October is an online marketplace for business loans, enabling investors to lend money directly to small- and medium-sized enterprises.
Organization Location:Paris, Ile-de-France, France, Europe
Total Funding Amount Currency (in USD):611915989
Funding Status:Debt Financing
Money Raised Currency (in USD): 258000000
Announced date:2020-09-30
Equity Only Funding:No
Venture Round - Nubank
Organization Name: Nubank
Organization Description:Nubank issues, administrates, processes, and transfers payments related to post-paid credit cards and equity investment in other entities.
Organization Location:São Paulo, Sao Paulo, Brazil, South America
Total Funding Amount Currency (in USD):1407602420
Funding Status:Venture - Series Unknown
Money Raised Currency (in USD): 300000028
Announced date:2020-06-04
Equity Only Funding:Yes
Series C - Neon
Organization Name: Neon
Organization Description:Neon is a digital bank that offers credit cards, personal loans, and investment products, among other services.
Organization Location:São Paulo, Sao Paulo, Brazil, South America
Total Funding Amount Currency (in USD):420333922
Funding Status:Series C
Money Raised Currency (in USD): 300000000
Announced date:2020-09-02
Equity Only Funding:Yes