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        <title><![CDATA[Stories by Tracxn on Medium]]></title>
        <description><![CDATA[Stories by Tracxn on Medium]]></description>
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            <title>Stories by Tracxn on Medium</title>
            <link>https://medium.com/@Tracxn?source=rss-1d89433b7fd0------2</link>
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            <title><![CDATA[12 Hot Mobile Payments startups — TracxnLeaderBoard]]></title>
            <link>https://medium.com/@Tracxn/12-hot-mobile-payments-startups-tracxnleaderboard-116ce29dd72b?source=rss-1d89433b7fd0------2</link>
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            <category><![CDATA[mobile-payments]]></category>
            <category><![CDATA[startup]]></category>
            <category><![CDATA[payments]]></category>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Fri, 21 Aug 2015 11:04:20 GMT</pubDate>
            <atom:updated>2015-08-21T11:17:46.582Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*_aiAd9I1Eyo7BCADlZvYig.jpeg" /></figure><p>At Tracxn, we have curated more than 500+ startups in Mobile Payments sector. mPoS, Wallets, Carrier Billing and Technology are identified as significant business models in this space. Detailed the notable startups from these emerging business models;</p><h3><strong>mPoS</strong></h3><p><a href="https://squareup.com/global/en/register"><strong>Square</strong></a> (2009, $491M, SF) — PoS system for iPhone, iPad, and Android devices. Backed by Sequoia, Khosla Ventures, Tiger Global.</p><p><a href="http://www.powa.com/powapos/index.html"><strong>Powa PoS</strong></a> (2010, $176M, London) — PoS system for smartphones and tablets. Part of Powa technologies and backed by Wellington Management Company.</p><p><a href="http://revelsystems.com/"><strong>Revel Systems</strong></a><strong> </strong>(2010, $127M, SF) — iPad PoS solution for retail chains. Backed by DCM, Rothenberg Ventures, ROTH Capital Partners.</p><h3>Wallets</h3><p><a href="http://www.monitise.com/"><strong>Mozido</strong></a><strong> </strong>(2008, $337M, Austin) — Platform of cloud-based, white-label, mobile payment, shopping and marketing solutions. Backed by Brentwood Associates, Wellington Management.</p><p><a href="http://www.mozido.com/"><strong>Monitise</strong></a><strong> </strong>(2003, $294M, London) — Offers mobile banking and white label wallet solutions. Backed by Visa, MasterCard and Banco Santander.</p><p><a href="https://www.thelevelup.com/"><strong>LevelUp</strong></a><strong> </strong>(2011, $51M, Boston) — Provides mobile payment using QR code, NFC, iBeacon and white label wallet solutions. Backed by Google Ventures and Highland Capital.</p><h3><strong>Carrier Billing</strong></h3><p><a href="http://www.boku.com/"><strong>Boku</strong></a><strong> </strong>(2009, $78M, SF) — Provides carrier billing for online shopping. Backed by Andreessen Horowitz and Khosla Ventures.</p><p><a href="http://bango.com/"><strong>Bango</strong></a><strong> </strong>(1999, $10M, Cambridge) — Allows the payment collection for online purchases using carrier based billing.</p><p><a href="https://fortumo.com/"><strong>Fortumo</strong></a><strong> </strong>(2007, $10M, Estonia) — Provides mobile operator billing. Backed by Intel Capital and Greycroft Partners.</p><h3><strong>Technology</strong></h3><p><a href="https://cardspring.com/"><strong>CardSpring</strong></a><strong> </strong>(2010, $10M, Palo Alto) — Provides APIs that enable developers to link payments cards to applications. Acquired by Twitter in 2014.</p><p><a href="http://mobeewave.com/"><strong>Mobeewave</strong></a><strong> </strong>(2010, $7M, Montreal) — Provides solutions for accepting NFC payments. Backed by SBT Venture Capital.</p><p><a href="http://ethor.com/"><strong>eThor</strong></a><strong> </strong>(2010, $2M, SF) — Provides APIs that let developers connect their applications with PoS systems.</p><p>To explore 500+ mobile payment startups at Tracxn, Click <a href="http://www.tracxn.com/">here</a> to subscribe or mail us at hi@tracxn.com</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=116ce29dd72b" width="1" height="1" alt="">]]></content:encoded>
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        <item>
            <title><![CDATA[Emergence of cannabis startups and growing VC interest stir legalization]]></title>
            <link>https://medium.com/@Tracxn/emergence-of-cannabis-startups-and-growing-vc-interest-stir-legalization-b4a2b60e7b54?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/b4a2b60e7b54</guid>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Mon, 03 Aug 2015 07:22:58 GMT</pubDate>
            <atom:updated>2015-08-03T08:36:52.798Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/851/1*kST3p3Mh9yerByF02C_lSg.jpeg" /></figure><p><strong>Hitherto shunned from being talked about, ‘marijuana’ is apparently becoming part of the mainstream and attracting investors. The impetus came from <em>Privateer Holdings</em>, a private equity firm that seems to be totally geared towards marijuana tech. Plenty of funding is on the anvil and there is interest from influential parties such as the <em>ArcView Group</em> and <em>MedMen Consulting</em>. </strong><a href="http://www.tracxn.com/"><strong><em>Tracxn</em></strong></a><strong> highlights noteworthy trends in this blog.</strong></p><p>Colorado, Washington, Alaska and Oregon have legalized both medicinal and recreational use of marijuana. 23 States and Washington, D.C have legalized medical marijuana. Legalization of recreational marijuana already exists in many of these States in varying degrees and is a definite topic on the ballot boxes in the forthcoming 2016 elections. This indicates the changing public mindset of the substance.</p><p>First the basics. Cannabis is the actual name of the plant. Marijuana is made from its dried flowers and leaves and is the least potent form. Hashish is made from its resin and hash oil is a thick oil obtained from hashish, the most potent form of Cannabis. The part of the plant that gives the ‘high’ is delta-9 tetrahydro-cannabinol or THC.</p><p><strong>Privateer, ArcView Group and MedMen</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*WD-f5pDiSQ0DrfcE5KSMaw.png" /></figure><p>One of the most recent investment of significance took place from Seattle-based <a href="http://www.privateerholdings.com/"><em>Privateer Holdings</em></a> which has raised a total of $82 million so far; a whopping $75 million of which is a Series B funding from Peter Thiel of <a href="http://www.foundersfund.com/"><em>Founders Fund</em></a>, a venture capital fund based at San Francisco. This deal is a first-of-its-kind in the cannabis industry. Peter is also the cofounder of <em>PayPal</em> and <em>Palantir</em>, he was also an early investor in <em>Facebook</em>. <em>Privateer</em> which invests only in ancillary cannabis companies intends to invest the money to create new brands of cannabis products globally.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/233/1*fod3prznDZ0Au695xDxv2Q.jpeg" /></figure><p>Cannabis-focused investment network — the <a href="https://arcviewgroup.com/"><em>ArcView Group</em></a> — connects investors with marijuana startups. <em>ArcView</em> has a range of diverse VCs as its members who have collectively invested over 18 million dollars in 34 marijuana tech companies recently.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*5Q4z4qNi0FHbmfvyJvMDrw.png" /></figure><p>In the medical marijuana space, Los Angeles based <a href="http://www.medmen.com/"><em>MedMen</em></a> is a management and consulting firm, provider of turnkey management services to the legal cannabis industry. <em>MedMen</em> recently raised $3.75 in funding. Florida-based <em>NSquared</em> (which typically invests in medical marijuana) contributed most of it, while about $1 million was obtained from individual investors. So far, <em>MedMen</em> has helped set up and run more than 100 medical marijuana businesses.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*gxHQs6zm2Qlza9Ywr1jvKg.png" /></figure><p>Unlike the above, <a href="http://www.nhaleinc.com/"><em>NHale</em></a> is a publicly traded grow-technology company. Based at Houston, their strategy is to acquire cannabis startups. However, they recently got a debt fund of $10 million from Toronto-based <em>24 Investments</em> to continue running the show. The company leases legally compliant locations for growing, retailing or medical dispensing of marijuana.</p><p><strong>The Cannabis tech scene — delivery startups</strong><br>A range of different types of marijuana startups are seeing the day. Some help locate where marijuana is available; others make accessories, manufacture equipment to grow cannabis and pique human interest in the drug. There are marijuana apps/software, weed discussions and next generation vaporizers. Delivery startups are the most prevalent.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/700/1*nM5TV0a-388hI-NksrIvBQ.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*kl6Aeejkb2nqdXk2LI85Bw.png" /></figure><p>Touted as the ‘uber-for-weed’, <a href="http://www.eaze.com/"><em>Eaze</em></a> recently raised $10 million Series A funding from <em>Fresh VC</em>. <em>Eaze</em> delivers medical marijuana to your homes via their on-demand delivery app provided you live in a state where legalization of the same exists. Patients have to first prove that they have medical cards via their app before marijuana is delivered to them.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/200/1*iEiHFg_7N8nEb1uEMV54Ew.png" /></figure><p><em>Y-Combinator</em> funded <a href="http://www.meadow.com/"><em>Meadow</em></a> on the other hand operates just as <em>Eaze</em>, except that patients are verified personally. A doctor is first sent to the patient’s residence, paperwork and credentials are checked and only then is weed delivered from local dispensaries.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/204/1*hGWctdZxOlasiZlh7NO8PA.png" /></figure><p><a href="https://www.flowkana.com/"><em>Flow Kana</em></a> is an on-demand medical cannabis delivery service too. However they bring pot to your homes within an hour, directly from local farmers who grow organic cannabis. Their backend database works with a web application to help in the delivery process. <em>Flow Kana</em> takes a 25 percent cut for deliveries and the farmers with whom they have agreements can reinvest profits in cooperatives such as solar-panel subsidies. They claim that they give better margins to farmers.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/109/1*dJQ_TB79MAfi3f62cqb9ug.png" /></figure><p>With seed funding of $1.5 million, <a href="https://www.grasspit.com/"><em>Grassp</em></a> is an on-demand cannabis delivery app. They differ from the rest in the aspect that they seem to be very clear about legalities and claim to provide the most safest options to patients in terms of law and quality of weed. But more than being an on-demand service, they have built an end-to-end technology solution for doctors, patients and service providers.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*U7pmLS4SVnQuZOoqP6sfbw.png" /></figure><p>After being accused of violating Proposition D in Los Angeles in 2014 (for illegally delivering marijuana to residents and businesses), <a href="http://www.nestdrop.com/"><em>Nestdrop</em></a> shot back to operations in April 2015 in nine cities across the West Coast including California locations, becoming the only medical marijuana delivery service across multiple states. <em>Nestdrop</em> is supposedly the first app-based marijuana (also alcohol) delivery service in the US.</p><p><strong>Other marijuana startups — discovery and social networks</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/151/1*cFk7rQzXXSqEuIrQXwK18w.png" /></figure><p>Having started as early as in 2008, <a href="https://weedmaps.com/"><em>Weedmaps</em></a> charts out local marijuana dispensaries in States across the country. Registered users of the site can leave reviews and ratings for different dispensaries with the ultimate goal of helping others find the best weed in town.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*jEC0lGtF7PGKTC6VD7Lw6w.png" /></figure><p>Seattle-based <a href="https://www.leafly.com/"><em>Leafly</em></a> was one of the first marijuana businesses too. Founded in 2010, <em>Leafly</em> is a unique review site for medical marijuana patients and helps find the best available strains and dispensaries in the locality. <em>Privateer</em> acquired <em>Leafly</em> in 2012.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*uIhR2AafxqrN5i-a8uV8pA.png" /></figure><p><a href="http://massroots.com/"><em>Mass Roots </em></a>started in 2013 to connect cannabis lovers and was one of the first such company to go public in 2015. It has evolved to become a niche, quasi-anonymous app allowing users to connect without frills. <em>MassRoots</em> has so far gathered $2.1 million in funding from <em>ArcView</em>, <em>Dutchess Opportunity Fund</em> and others.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*-_IOeHphtpYqJ0WZnD9rTQ.png" /></figure><p>Started in 2013, <a href="http://www.potbotics.com/"><em>Potbotics</em></a> has pulled itself up together with debt funding of $2 million in 2015. The company develops fancy tools to help patients, doctors, and growers better understand cannabis and its interaction with people.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/234/1*Yh2L1yLbVf_JqOBahhavlg.png" /></figure><p><a href="http://www.wedwall.com/"><em>WeedWall</em></a> started in 2012, a social networking site for legal marijuana community. It is a place where people can go to network and discuss doctors, dispensaries, process of obtaining medical cards and more.</p><p><strong>Cannabis could be on way to becoming a matured mainstream industry</strong><br>For this however, legalization is the key.<em> Canary</em>, a marijuana delivery app which started in 2014 has taken a backseat now. The case of <em>Nestdrop</em> proves that due to varying layers in legalization, there is always room for cracks in the system leading to ambiguity. For those who want to play safe, the option is to choose ancillary products where there is no direct risk of touching the cannabis plant.</p><p>Legal/political obstacles, federal tax issues, unfriendly banking options, licensing and the backlash to growing-for-profit marijuana will be the issues to deal with. Not all of the public is in favor either.</p><p>Medical marijuana has obviously been the only successful arm of the cannabis industry since the chemicals found in the plant have therapeutic properties and could be effectively used to treat an array of ailments ranging from seizures, cancers, fibrotic diseases to stress disorders. Research will only prove this further.</p><p>For hundreds of years, many forms of the Cannabis plant have been experimented with by humankind, whether in secret or conspicuously to treat diseases or used by mystic healers to cure the spirit. The human interest in the weed can never wane.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=b4a2b60e7b54" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Unbundling of mobile apps]]></title>
            <link>https://medium.com/@Tracxn/unbundling-of-mobile-apps-12bf64d5d949?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/12bf64d5d949</guid>
            <category><![CDATA[mobile-unbundling]]></category>
            <category><![CDATA[mobile-apps]]></category>
            <category><![CDATA[tracxn-infographic]]></category>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Fri, 31 Jul 2015 09:34:22 GMT</pubDate>
            <atom:updated>2015-07-31T10:24:21.050Z</atom:updated>
            <content:encoded><![CDATA[<p>Standalone apps have shaken up the mobile apps scene. The ubiquity of smartphone mobile apps has shifted to a new trend, having become more specialized. For example: The normal ‘text message’ function of phones has become redundant today, due to the proliferated presence, usability and popularity of messaging apps such as <em>WhatsApp</em> and <em>Line</em>.</p><p>Unbundled apps are more agile and user-focused. When an app is singled out, it increases the scope of enhancing user experience and becomes more useful since more features are plugged into it. With clean interfaces, these apps have stayed on.<strong><em>Tracxn has comprehensive data to show this, compiled into an infographic below</em></strong>.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/898/1*iLa9gc_r4yr_-fwLxGk38g.png" /></figure><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=12bf64d5d949" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Awesome investors fund fintech API aggregator startups]]></title>
            <link>https://medium.com/@Tracxn/awesome-investors-fund-fintech-api-aggregator-startups-4b4f498207e3?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/4b4f498207e3</guid>
            <category><![CDATA[fintech-apis]]></category>
            <category><![CDATA[oneapi-startups]]></category>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Thu, 16 Jul 2015 12:45:16 GMT</pubDate>
            <atom:updated>2015-08-03T10:58:27.895Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/851/1*7lKznlhKcbD0fINlJGqfew.png" /></figure><p>The emergence of the API aggregator layer, also referred to as ‘OneAPIs’ is the new wave in the FinTech startup landscape. Awesome investors, great ideas and premium clients make these startups enviable. Startups <a href="https://plaid.com/"><em>Plaid</em></a>, <a href="https://seed.co/"><em>SEED</em></a> and <a href="https://spout.co/"><em>Spout</em></a> are redefining newer paradigms and becoming imperative in the $200 billion+ U.S business banking marketplace.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/864/1*gn6tLe3Wjvsfgqalq5KMcg.png" /></figure><p>In the finance sector, hitherto apps existed but were limited to only the close partners and affiliates of banks. API aggregators are changing the scene by interfacing between banks and all their app developers. They are the single most cogent layer, adept in simplifying multi-layered complex reams of data and interspersed technologies. While enabling transparency, they dialogue continuously with apps and transform encrypted data into meaningful information by deciphering them to the last bit. Banks get to focus more on their core functions and bank app developers get to reduce time and expenditure.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/564/1*Sk3ur70gT1ABZt6RF0yFeQ.png" /></figure><p><strong><em>Plaid</em>’s API is the first such in the industry</strong><br><a href="https://plaid.com/"><em>Plaid</em></a> started in 2013 with a funding of $2.8 million from none other than Google Ventures, including Spark Capital, New Enterprise Associates, Felicis Ventures, Homebrew Capital and BoxGroup. By December 2014, 500 clients had integrated with <a href="https://plaid.com/"><em>Plaid</em></a>’s API. <em>Plaid</em> has integrated at the backend databases of giant banks such as JP Morgan Chase, Bank of America, Citibank, Wells Fargo, US Bank and American Express; making them the biggest in what they do.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/699/1*GrhXEMSa2kRxRQ0UKOm3uQ.png" /></figure><p><strong><em>Plaid</em>’s Offering -</strong></p><ul><li><strong>Connect </strong>which collects and sifts cryptic transactional data (credit, debit, accounts) converting it into high context metadata which is clean and usable.</li><li><strong>ACH Auth</strong> helps developers authorize and set up ACH* payments in a matter of few seconds with the credentials which users already know, instead of esoteric account numbers. Developers can also verify ownership and check balances to make ACH painless.</li></ul><p>Apart from Plaid, two other fintech startups — <a href="https://seed.co/"><em>SEED</em></a> and <a href="https://spout.co/"><em>Spout</em> </a>— have made their presence felt as well.</p><p>The Y-Combinator funded <a href="https://seed.co/"><em>SEED</em></a>’s open banking OneAPI platform supports traditional core banking services by integrating them with modern payment systems on the platform. Features are zero domestic transaction fees,<br>low-cost international payments, free domestic wire transfers, free ACH transactions and free check sending.</p><p>Being more consumer-centric,<em> </em><a href="https://spout.co/"><em>Spout</em></a>’s API empowers users. Privacy and control of one’s own financial data is best enabled by their API. Their ‘Sign Up With Spout’ feature gives users the ability to permit or deny access to all of their financial data instantly.</p><p>Developer-friendly API aggregators are enabling old industries to develop contemporary solutions for their new generation customers. This trend is of significant viability and is visible in fragmented industries such as healthcare and brokerage as well. The API of <a href="https://www.akidolabs.com/"><em>Akidolabs</em></a> standardizes the data generated at hospitals making it easy for vendors to build on. <a href="https://tradier.com/"><em>Tradier</em></a>’s brokerage API allows anybody to build trading capabilities in their application based on a variety of fees.</p><p><em>* Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches.</em></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=4b4f498207e3" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Emergence of Conversational Commerce — 14 hot and upcoming startups]]></title>
            <link>https://medium.com/@Tracxn/emergence-of-conversational-commerce-14-hot-and-upcoming-startups-438c30784e2e?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/438c30784e2e</guid>
            <category><![CDATA[conversational-commerce]]></category>
            <category><![CDATA[texting]]></category>
            <category><![CDATA[concierge-services]]></category>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Thu, 09 Jul 2015 07:08:08 GMT</pubDate>
            <atom:updated>2015-07-09T07:43:29.298Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*gkGmA4icqEbbMftmLJDKHQ.png" /></figure><p>New startups are merging the ubiquitous human activity of texting with commerce. Investors include prominent VCs such as Sequoia and Greylock Partners. Founders are from the <em>Uber</em>, <em>Expa</em>, <em>Twitter</em> and <em>Made in Space</em> leagues: startup bigwigs Robin Chan, Garret Camp and Mike Chen; Stanford business school enthusiasts Marcela Sapone and Jessica Beck with a penchant for taking mundane tasks to the next level — are all leading the breed.</p><p>Despite apps and feature-rich smartphones, these startups are betting on the most fundamental way in which humans converse today — texting. Speed, efficiency, affordability, simplicity, personalization and customization are the defining parameters. Decision support on the go, for the very busy and maybe for the lazy too. All you have to do is send an sms. Human beings and algorithms on the other side will enable everything else, 24 hours. No signups, no forms to fill and no multiple clicks.</p><p>Here is data from <a href="http://www.tracxn.com/"><strong><em>Tracxn</em></strong></a>.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*OuaKPXFFXcfvHma0aD6DSA.png" /></figure><p><strong>An answer to a text message is human response aimed to foster a connection and build trust</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*3Af4uLuxRIpSmKQkvLP5BA.jpeg" /></figure><p>When you send a text looking for what you want, it is a different form of search. A search that leads to an answer and a service that fulfills the need as soon as possible. Take <a href="http://www.meetcloe.co/"><strong><em>meetcloe.co</em></strong></a> for example. <em>Cloe</em>, your local ‘text-message concierge’ does not just reply. She ‘converses’ just like a cheerful neighbor ready to help you. Ask for advice on what to wear, where to find the best desserts, gyms, restaurants in the city, etc. and you will get the best possible recommendation.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/688/1*L8-jsidTSEvgRLVmnRhE4w.jpeg" /></figure><p>So far, <a href="http://www.getmagicnow.com/"><strong><em>getmagicnow.com</em></strong></a> has grabbed the largest capital of $12 million Series A funding from Sequoia in 2015. It is a concierge service with a touch of craziness. They claim to get you anything that is legally possible. You have a price to pay for two aspects — for sending a message and if they use another agency to get what you want — you pay for that too. It is free to talk to them and the full cost of delivery is shown before customers are billed. They make reservations, get grocery, run errands, book preferential air tickets, etc.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*i78404SXjcRLMDPLUl0Txw.jpeg" /></figure><p>Another promising startup <a href="https://www.helloalfred.com/"><strong><em>helloalfred.com</em></strong></a> has also grabbed a significant funding of $12.5 million Series A. It is currently in the process of enabling a conversational extension of its already thriving service model. They offer an ‘in-home’ option wherein <em>Alfreds</em> visit homes and finish all errands at $99/month. Their virtual <em>Alfred</em> service is under beta. What distinguishes <em>helloalfred </em>from the rest is that they offer their employees medical insurance and other benefits.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*RLEvRefV-BImJ6m4hvf1tA.jpeg" /></figure><p>In the vertical segment, ecommerce-oriented <a href="https://operator.com/"><strong><em>operator.com</em></strong></a> is even more ambitious. Users text, <em>operators</em><br>or rather ‘experts’ chat with them and come up with specific solutions. They then interface with the necessary vendors/services to complete the loop. In co-founder Robin Chan’s own words, “a transaction simply becomes an expression of high fidelity communication between two sides. We are introducing <em>Operator</em> with retail partners first, to give people a taste of how interacting with a store can be richer and more efficient.”</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*nQIPteuAMEjF_nb9m7SLGQ.jpeg" /></figure><p>In the vertical segment, there is <a href="http://firstopinionapp.com/"><strong><em>firstopinionapp.com</em></strong></a>. Users can chat with real doctors. <em>Opinion</em> allows one free consultation every month. Additional ones start at $12 for a package of three sessions with the same doctor.</p><p>There are a dozen more interesting startups which are either mildly funded or upcoming, yet show promising confidence in conversational commerce. Here is data from <a href="http://www.tracxn.com/"><strong><em>Tracxn</em></strong></a><strong><em>.</em></strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*pKZoJMuFvL9LVj237w14tw.png" /></figure><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*vxcDZZEaeLymRAiVr-_P3A.jpeg" /></figure><p>Startup <a href="http://getondemand.us/"><strong><em>getondemand.us</em></strong></a><em> </em>also sources medical consultation or home remedy from certified health practitioners, apart from handling errands.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*5EdNxNVO2O8lFgIRkr2agg.jpeg" /></figure><p><a href="https://luka.ai/"><strong><em>Luka.ai</em></strong></a> offers more than a normal hotel recommendation service. It suggests the best restaurant instead of showing up a list in a category. Apart from booking tables, <em>Luka</em> knows what your individual preferences are and suggests accordingly.</p><p>As the paradigm shifts, safety of personal data and our private homes,<br>user authentication, security of payment information and labor issues will become key concerns.</p><p>At <a href="http://www.tracxn.com/"><strong><em>Tracxn</em></strong></a>, we know that food, shopping, delivery and transport are the usual beneficiary sectors which are majorly funded. The concierge service startups could easily tie-up with these service providers. Can mobile commerce get any better? The founders only want us to wait to experience more!</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=438c30784e2e" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Why spend money to own when you could rent? Check out the online rental startup landscape]]></title>
            <link>https://medium.com/@Tracxn/why-spend-money-to-own-when-you-could-rent-check-out-the-online-rental-startup-landscape-7ddb215ef216?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/7ddb215ef216</guid>
            <category><![CDATA[p2p-startups]]></category>
            <category><![CDATA[rental-starups]]></category>
            <category><![CDATA[venture-capital]]></category>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Fri, 03 Jul 2015 10:37:38 GMT</pubDate>
            <atom:updated>2015-07-07T04:15:12.731Z</atom:updated>
            <content:encoded><![CDATA[<p>Renting cars, designer clothes, furniture, electronics and even heavy equipment has become very easy. Chances are most of you have already used an online rental service. Activity in this sector is only increasing. Just last two years have seen funding worth $700 million! Here are the most recent key highlights of the online rental sector curated by research experts at Tracxn who have tracked 300+ startups in the sector.</p><p><strong>Notable investments of 2015<br></strong><em>Pley</em> (rental for LEGO sets) in the ‘Gaming’ sector obtained $10 million Series B funding in February 2015.</p><p><em>The Black Tux</em> (rental for tuxedos) is making waves having raised $15 million Series A funding in January 2015.</p><p>Chinese car rental <em>eHi</em> garnered maximum funding of $150 million in May 2015.</p><p><strong>Funding data</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/979/1*5EY3zD7TIPI-q5iw_Bkp8Q.png" /></figure><ul><li>The online rental sector is characterized by no steep activity, yet has received steady funding since 2012. Over $1 billion have been invested.</li><li>2014 witnessed seven $10 million+ funding rounds, and 2015 has already seen two $10 million+ rounds and one $150 million+ round.</li><li><em>Reocar</em>, <em>Yongche</em>, <em>Chegg</em>, <em>RentTheRunway</em>, <em>Pley</em>, <em>TheBlackTux</em>, <em>iCarsclub</em>, <em>RelayRides</em>, <em>FlightCar</em> and <em>eHI</em> have a combined funding of $500 million +.</li></ul><p><strong>Top sectors in online rentals<br></strong>Fashion, transport and books are the top funded and relatively mature sectors in online rental. Adventure and heavy equipment rentals are the upcoming sub-sectors.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/979/1*Pxq9U4FtVYeDy7xrYDewLQ.png" /></figure><p>In transport, B2C car rental is the majorly funded sub-sector. China’s <em>Reocar</em>, India’s <em>Zoomcars</em> and America’s<em> Zipcar</em> are leading names in this sub-sector.</p><p>P2P car renting is a new trend reflecting the sharing economy wave. <em>FlightCar</em> and <em>Getaround</em> from the U.S, and <em>Drivy</em> from France are taking the lead in P2P.</p><p><strong>Online rental — Books</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/979/1*LtDqMrOtUmYD_hXPguL7-w.png" /></figure><p>Online book rental witnessed a sharp decline in funding activity. <em>Chegg</em>, <em>BookRenter</em> and <em>CampusBookRenter</em> account for majority of the funding.</p><p>An early pioneer of the book rental segment <em>— Chegg — </em>which started in 2007 attracted majority of investment during the years and went public in 2013.</p><p><strong>Online rental — Fashion</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/979/1*IcwoAZQ40x25jp2NcM9EXg.png" /></figure><p>Funding in the Fashion rental space has grown rapidly in the last few years. The sector is dominated by luxury horizontals. <em>Rent the Runway</em> and <em>The Black Tux</em> are the top players. <em>The Black Tux</em>, an online<em> </em>rental for tuxedos raised $15 million in Series A in January 2015.</p><p><strong>Sectorwise maturity</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/961/1*rAE0s7TsczvAXnFADPKEWg.png" /></figure><p>Of the 300+ startups, 126 companies are still in their early stages of funding.</p><p><strong>Upcoming online rental sub-sectors</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/975/1*A-y9wOsnH2rld6ZVU1w4aw.png" /></figure><p>Boats and Heavy Equipment are the upcoming sub-sectors of which boat rental is majorly funded. P2P boat rentals dominates this sub-sector. <em>Boatbound</em> has attracted funding from top investment firms <em>500 Startups</em> and <em>Expansion Venture Capital</em>.</p><p>Heavy Equipment witnessed drastic increase in investment in 2015, led by<em> EquipmentShare</em> and <em>Getable</em>. B2B Heavy Equipment Rental is the most funded sub-sector.</p><p>Toys rental is yet another upcoming sub-sector. <em>Pley</em> obtained $10 million Series B funding in February 2015.</p><p><strong>Sectors and investors</strong></p><figure><img alt="" src="https://cdn-images-1.medium.com/max/979/1*HGo1EMMZQCofFlxVA7iJmw.png" /></figure><p>Transport, fashion and heavy equipment are the most funded sectors. Transport and fashion have attracted top investors such as <em>500 Startups</em>, <em>Y Combinator</em>, <em>FundersClub</em> and others. In the upcoming sub-sector Heavy Equipment too has garnered their attention.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=7ddb215ef216" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[20 Hot Mobile FinTech Startups]]></title>
            <link>https://medium.com/@Tracxn/20-hot-mobile-fintech-startups-3e50d89fa187?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/3e50d89fa187</guid>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Mon, 15 Jun 2015 11:49:37 GMT</pubDate>
            <atom:updated>2015-06-15T11:49:37.947Z</atom:updated>
            <content:encoded><![CDATA[<h3>Consumer Focused:</h3><h4>Public Market Investing</h4><p><a href="http://www.robinhood.com/"><strong>Robinhood</strong></a><strong> </strong>(2012, <strong><em>$66M</em></strong>, Red Wood City, United States, <strong><em>Andreessen Horowitz, Index Ventures, Ribbit Capital, Slow Ventures, NEA</em></strong>) — <em>Robinhood </em>is a stock trading app that enables the users to trade on the stock market without paying any brokerage. The company generate revenue by charging interest on the margin accounts of its customers and through accrued interest on customers’ uninvested account balance.</p><h4>Banking</h4><p><a href="http://www.moven.com/"><strong>Moven</strong></a><strong> </strong>(2011, <strong><em>$12.41M,</em></strong> New York, United States,<strong><em> Anthemis Group, SBT Venture Capital, Route 66 Ventures, Standard Bank, New York Angels</em></strong>)- <em>Moven</em> is an alternative to traditional bank deposit. Provides mobile banking service where users have access to real-time updates and spending alerts, spending analysis across all their bank cards and credit cards, the ability to send money to friends from the app via Facebook, email or their mobile number.</p><p><a href="http://osper.com/"><strong>Osper</strong></a><strong> </strong>(2013, <strong><em>$11.2M</em></strong>, London; United Kingdom, <strong><em>Horizon Ventures, Index Ventures, Conversion Capital</em></strong>) — <em>Osper </em>offers a banking service that can be used by children by combining prepaid debit cards and smartphone apps controlled by both them and their parents.</p><p><a href="http://number26.de/"><strong>Number 26</strong></a><strong> </strong>(2013, <strong><em>$12.63M, </em></strong>Berlin; Germany, <strong><em>Valar Ventures, Early Bird Capital, Redalpine Venture Partners</em></strong>) — <em>Number 26</em>, product of Papayer GmbH, offers mobile banking services to consumers. The company offers opening of a free checking account along with a master card, and a smartphone application that enables users to manage their finances in real-time.</p><h4>Personal Expense Management</h4><p><a href="http://www.tinkapp.com/"><strong>Tink</strong></a><strong> </strong>(2008, <strong><em>$4M</em></strong>, Sweden,<strong> <em>Sunstone Capital</em></strong>) — <em>Tink</em> is a personal finance management mobile app that gives new insights and fun facts about money every time user open it. <em>Tink</em> continuously collects, sorts and analyses everything about personal finances and delivers a feed so the user can see exactly where the money is going.</p><p><a href="http://moneydashboard.com/"><strong>Money Dashboard</strong></a><strong> </strong>(2008, <strong><em>$7.8M</em></strong>, Edinburgh; United Kingdom, <strong><em>Calculus Capital, Par Equity, Ariadne Capital</em></strong>) — <em>Money Dashboard</em> offers a web &amp; mobile based platform that provides users with personal finance management tools. Users can register on the platform and enter multiple bank accounts to link them with the app. The platform allows users to view all the current accounts, savings accounts and credit cards from whichever institutions they bank with, all together in one secure place.</p><p><a href="http://trov.com/"><strong>Trov</strong></a><strong> </strong>(2012, <strong><em>$13.3M</em></strong>, San Ramson; United States, <strong><em>Anthemis</em></strong><em>) — Trov</em> offers consumers an app-based platform that allows these users to discover and track the real-time value of their belonging. Users upload the items they own to a digital locker, either by scanning a product UPC code, entering an auto VIN number or a home address, or looking up individual items in an in-app database.</p><h4>Micro Savings</h4><p><a href="http://digit.co/"><strong>Digit</strong></a><strong> (</strong>2013,<strong> </strong>San Francisco; United States, <strong><em>General Catalyst Partners, Bessemer Venture Partners, Google Ventures) -</em></strong><em>Digit </em>is a mobile app that automatically saves cash for the users. It transfers a certain amount to a non-interest bearing, FDIC insured savings account. The amount saved is based on the analyses of the income and spending habits of the users.</p><p><a href="http://acorns.com/"><strong>Acorns</strong></a><strong> (</strong>2012,<strong> <em>$32M</em></strong><em>,</em><strong> </strong>New Port Beach, United States, <strong><em>JAM Equity Partners, Great Oaks Venture Capital, Grey Croft Partners</em>) — </strong><em>Acorns</em> is a micro-investment app that sets up a portfolio for its users by collecting spare change from everyday transaction. The app automatically rounds off the user’s transactions to nearest dollar and invests it.</p><h4>Horizontal Wallet</h4><p><a href="http://yoyowallet.com/"><strong>Yoyo Wallet</strong></a><strong> </strong>(2015, <strong><em>$15M,</em></strong> London, United Kingdom, <strong><em>Imperial Innovations)-</em></strong> <em>Yoyo </em>combines payments, personalized coupons and offers and automatic loyalty points collection system in one app. Users can pay at a merchant store by a scan of the one time QR code. By making transactions through the app, users receive rewards from the retailers and depending upon the transaction history the retailers can send the users tailor-made marketing campaigns.</p><h4>Vertical Wallet</h4><p><a href="http://mycheck.io/"><strong>My Check</strong></a><strong> </strong>(2011, <strong><em>$6.1M,</em></strong> Tel Aviv, Israel, <strong><em>Santander InnoVentures</em></strong>) — <em>MyCheck</em> developed a mobile wallet to ease payments by letting people check out of a restaurant or bar without waiting for the check or the credit card slip. Partnered with a variety of other market sectors including quick service restaurants, gas stations, electronic parking, taxis and hotels.</p><p><a href="http://paywithcover.com/"><strong>Cover</strong></a><strong> </strong>(2012, <strong><em>$7M,</em></strong> New York, United States, <strong><em>Spark Capital, O’Reilly AlphaTech Ventures, Lerer Ventures</em></strong>) — iOS and Android app that lets users pay their bills at supported restaurants in New York City and Bay Area. Launched publicly in Oct 2013. Diners can pay the bill using their payment cards, including preferred tip settings and also allows groups to split the bill evenly between guests.</p><p><a href="http://mca.sh/"><strong>mCash</strong></a><strong> </strong>(2006, <strong><em>$6.6M,</em></strong> Oslo, Norway, <strong><em>Entree Capital, Northzone</em></strong>) — <em>mCash</em> offers a mobile payments solution through a smartphone application which serves as a payment processor and enables users to make payments from their mobile at the partnered retail stores of mCash.</p><p><a href="http://dropletpay.com/"><strong>Droplet</strong></a><strong> </strong>(2011, <strong><em>$1.36M, </em></strong>Birmingham, United Kingdom, <strong><em>Angel</em></strong>) — <em>Droplet</em> offers a smartphone mobile wallet application that enables users to load money into it and use it for retail payments without any transaction cost for the consumer or merchant. Both the users involved need to have the mobile application post which money which is loaded into the app’s wallet can be transferred via an email address linked to the app.</p><h4>Carrier Billing</h4><p><a href="http://mypango.com/"><strong>Pango</strong></a><strong> </strong>(2011,<strong><em> $6.5M,</em></strong> Baltimore, United States) — Drivers use <em>Pango</em> to park activate the app, which determines their location. Using a built-in database, the app turns on an on-phone meter, registering the car with a municipal database. Parking enforcement officials who check meters and give out citations for vehicles parked in spaces with expired meters query the database, and pass over vehicles that have the Pango app running.</p><h3>Enterprise Focused</h3><h4>Business Expense Management</h4><p><a href="http://expensify.com/"><strong>Expensify</strong></a><strong> </strong>(2008, <strong><em>$10.2M</em></strong>, San Francisco; United States, <strong><em>Coyote Ridge VC, Barracuda Networks, Point Judith Capital</em></strong>) — <em>Expensify</em> is a software/mobile app that imports expenses and receipts from your credit card/bank account and creates expense reports for companies. It also enables invoicing and billing clients from inside its cloud-based dashboard.</p><h4>Enterprise Payments — Technology</h4><p><a href="http://mobeewave. com"><strong>Mobeewave</strong></a><strong> (</strong>2010,<strong> <em>$6.5M</em>, </strong>Montreal, Canada,<strong> Slow Ventures) — </strong><em>Mobeewave </em>is a provider of dongle-free NFC mobile payment terminal solutions enabling payment acceptance on smart devices. This technology turns any NFC-enabled phone (or other smart device) into a secure, contactless payment terminal (mobile POS) to receive payments from ApplePay, contactless cards, or any NFC wallets without the use of any additional hardware.</p><h4>Mobile Point of Sale</h4><p><a href="http://dreampayments.com/"><strong>Dream Payments</strong></a><strong> </strong>(2014, <strong><em>$6M,</em></strong> Toronto, Canada, <strong><em>SBT Ventures, Blue Sky Capital) </em></strong><em>— Dream’s</em> cloud based payment platform combined with its mobile point of sale device allows merchants to accept credit and debit cards, and provide digital receipts to customers. The Dream Mobile Point of Sale works with existing iOS or Android smartphone, tablet or integrated traditional point of sale (POS) system.</p><p><a href="http://qfpay.com/"><strong>QF Pay</strong></a><strong> (</strong>2012<strong>,<em> $16.5M,</em> </strong>Beijing, China,<strong> <em>Sequoia Capital</em>): </strong><em>QFPay’s</em> main product is QPOS, a Square like crad reader which can be connected to a smartphone. It connects wirelessly to Android tablets or phones, or iPhone or iPad. There is also a wired version that hooks up to a PC.</p><p><a href="http://payclip.com/"><strong>PayClip</strong></a><strong> </strong>(2013, <strong>$8.83M, </strong>Redwood City, United States, <strong><em>Alta Ventures Mexico): </em></strong><em>PayClip </em>enables merchants in Mexico to accept payments on their smartphone or tablet using the Clip card reader. Takes a commission fee of 3.6% per transaction. Provides secured transactions with Cliplock, a SMS-based verification system.</p><p>At <a href="http://tracxn.com/">Tracxn!</a> we are building the largest team of Analyst tracking startups and markets globally. <a href="http://www.slideshare.net/Tracxn/tracxn-mobile-fintechstartuplandscapejune201501"><strong>Mobile FinTech</strong></a> is one of <strong>100+ sector we track.</strong> See the entire list <a href="http://www.tracxn.com/#sectors">here</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=3e50d89fa187" width="1" height="1" alt="">]]></content:encoded>
        </item>
        <item>
            <title><![CDATA[Mobile FinTech Startup Landscape]]></title>
            <link>https://medium.com/@Tracxn/mobile-fintech-startup-landscape-d78cd119436a?source=rss-1d89433b7fd0------2</link>
            <guid isPermaLink="false">https://medium.com/p/d78cd119436a</guid>
            <category><![CDATA[venture-capital]]></category>
            <category><![CDATA[finance]]></category>
            <category><![CDATA[startup]]></category>
            <dc:creator><![CDATA[Tracxn]]></dc:creator>
            <pubDate>Wed, 10 Jun 2015 14:36:17 GMT</pubDate>
            <atom:updated>2015-06-10T14:54:13.502Z</atom:updated>
            <content:encoded><![CDATA[<h4>VC Invested over ~$1B in the last 2 years, with funding shifting from Payments to Finance Startups</h4><p>With <strong>over $2.3B invested</strong> in the last 5 years (and ~$1B in last 1.5 years), the Mobile Fintech sector is all the rage right now. <em>Square, Monitise, Obopay, Revel System &amp; iZettle</em> have more than $1B in total funding. Activity in this sector is still high with<strong> </strong>2015 having already witnessed seven $10M+ rounds and five acquisitions<strong>.</strong> This activity is likely to grow with the increased usage of mobile payments and the further unbundling of bank services. VC firms have shown significant interest as well, with <em>NEA, Sequoia Capital, Google Ventures, Andreessen Horowitz and SV Angel</em> making multiple investments.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/983/1*IB68xmvmFk61O2wzDXKo0Q.png" /><figcaption>Mobile FinTech Market Map</figcaption></figure><h3>Interesting insights from this sector</h3><blockquote><strong>$2.3B </strong>invested in last 5 years in this sector, with <strong>~$1B</strong> in last 1.5 years across ~90 rounds</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/992/1*vD2bA-0jmA-Tf8srnXyO3Q.png" /></figure><blockquote>mPOS, Mobile Wallet, Mobile-First Public Market investing tools were the top funded segments in last 12 months</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/994/1*cjqqBpCJz_Rzgh8ETvCKTA.png" /></figure><blockquote><em>5 </em><strong><em>acquisitions </em></strong><em>in the last 6 months:</em> LevelMoney by CapitalOne, WebPay by Line Corp, LoopPay by Samsung, Paydiant by PayPal and ReadyforZero by Avant</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/969/1*gM7L72Tl0L45KYo-UAGl4A.png" /></figure><blockquote>This sector continues to see entrepreneurial activity with over 450 companies founded in the last 5 years.</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/967/1*vcytgWEZ9xXoJkNqngwKfg.png" /></figure><blockquote>Most Active Investors: <strong>Andreessen Horowitz</strong>, <strong>SV Angels</strong>, <strong>Google Ventures</strong></blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/958/1*Hnj9SiVw0sW7yfYHWiuYCA.png" /></figure><h4>Most recent investments</h4><ul><li><strong><em>Digit</em></strong> — $11.3M Series A from General Catalyst, Bessemer Venture Partner, Google Ventures, May 2015</li><li><strong><em>Robinhood</em></strong> — $50M Series B from New Enterprise Associates, May 2015</li><li><strong><em>Acorns</em></strong> — $23M Series C from Greycroft Partners, E.Ventures, April 2015</li></ul><p>Segments that saw most VC funding in 2015:</p><ul><li>Personal Finance Management ($50M)</li><li>Micro Savings ($34.3M)</li><li>White Label Wallets ($30.2M)</li><li>Vertical Wallets ($30.0M)</li><li>Mobile Banking ($10.6M).</li></ul><blockquote>VC Funding shifting from Payments to Finance startups</blockquote><figure><img alt="" src="https://cdn-images-1.medium.com/max/963/1*H_fb1d9GxXgImsQ8PzzreQ.png" /></figure><p><strong>About Tracxn<br></strong>At Tracxn we are building the largest team of Analyst tracking startups and markets globally. <strong>Mobile Fintech</strong> is one of <strong>100+ sector we track.</strong> See the entire list <a href="http://www.tracxn.com/#sectors">here</a></p><p>You can see the complete coverage on Mobile FinTech <a href="http://www.slideshare.net/Tracxn/tracxn-mobile-fintechstartuplandscapejune201501">here</a></p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=d78cd119436a" width="1" height="1" alt="">]]></content:encoded>
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