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FinTech news in NFX category

FinTech Landa raised Series A round of $25M led by NFX

CEO Yishai Cohen and CTO Amit Assaraf started Landa in 2020 in an effort to make real estate ownership more inclusive. Users can start investing with just $5, and buy and sell shares as well as see real-time updates on their properties from the Landa app.

LatAm startup Latitud raised seed round of $12M led by Andreessen Horowitz (a16z)

Andreessen Horowitz (a16z) and NFX co-led Latitud’s $11.5 million seed funding round, which also included participation from Endeavor, Canary, FJ Labs, Ganas Ventures and unicorn founders.

Small and Medium Businesses startup withco raised Series A round of $28M

Withco mission is to purchase properties and then rent them back to small business owners with the option to purchase the property at a future date. For Song, withco is also about putting more control in the hands of small business owners, which face more challenges than ever before.

The.com raised seed round of $4.4M

A startup with the easy-to-remember name of The.com aims to modernize website building while also ensuring that web creators get credit for their work. The founders have a background in website development and design, having run their own web development agency in Boulder from 2012 through 2019, before founding The.com. Instead, The.com’s site builder uses community-created components you can drop into your site and share with others. That means they can pick up a navigation element from one The.com creator, a footer from someone else, and other elements like hero images, headers, banners, body elements, and more from different community members.

Walnut raised Series B round $35M led by Felicis Ventures

Vilner says the firm’s name was one he kept hearing over and over, and he and co-founder Danni Friedland were interested in Felicis’ fund for SaaS and software, thinking it would be the right fit. Joining Felicis are existing investors NFX, Eight Roads Ventures and A Capital and a group of strategic angel investors, including Salesforce president and CMO Sarah Franklin, Okta co-founder Frederic Kerrest, TripActions co-founder and CEO Ariel Cohen and Papaya Global co-founder and CEO Eynat Guez. After securing a $15 million Series A in August, Walnut, a company that creates sales and marketing demo experiences, is back to announce its new round of $35 million in Series B financing. Walnut no-code platform enables teams to create customized product demonstrations quickly, be able to integrate them into their sales and marketing processes and then generate insights from the demos. Since the Series A, the company grew a staggering 700% in annual recurring revenue, co-founder and CEO Yoav Vilner told journalist.

FinTech startup Arc raised seed round of $161M led by NFX

So far, VCs have been a strong customer acquisition channel for Arc, noted Lombardo, who pointed to the fact that Arc’s largest partnership today is with Y Combinator, which is promoting Arc across its portfolio of thousands of software companies.