Platforms and Consumer / PFM Market Analysis
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Bank Technology / Processing, Lending / Credit <strong>Platforms</strong> <strong>and</strong> <strong>Consumer</strong> / <strong>PFM</strong><br />
Highlighted Financing Transactions<br />
Date<br />
Target / Investor(s)<br />
Value ($ mm)<br />
Comments<br />
Investor(s): Wellington<br />
08/31/16 Management, Institutional $75<br />
Venture Partners, Thrive<br />
Capital, Founders Fund<br />
Click for in-depth profile<br />
• Compass is a real estate brokerage empowering its agents with technology-enabled platforms that utilize<br />
big data analytics <strong>and</strong> algorithms<br />
• On August 31, 2016, Compass raised $75 mm in funding from Wellington Management, Institutional<br />
Venture Partners, Thrive Capital <strong>and</strong> Founders Fund<br />
• The Company will use this funding to exp<strong>and</strong> into new markets <strong>and</strong> continue developing its technologies,<br />
agent support <strong>and</strong> marketing resources<br />
08/18/16 Investor(s): Peloton Equity,<br />
Trident Capital Cybersecurity,<br />
8<br />
BlueCross BlueShield<br />
Venture Partners, S<strong>and</strong>box<br />
Advantage Fund<br />
• Identity Theft Guard Solutions provides cyber breach <strong>and</strong> identity fraud protection software <strong>and</strong> services<br />
• On August 18, 2016, Identity Theft Guard Solutions raised $27.5 mm in funding from Peloton Equity, Trident<br />
Capital Cybersecurity, BlueCross BlueShield Venture Partners <strong>and</strong> the S<strong>and</strong>box Advantage Fund<br />
• The Company will use this funding to repurchase shares from select existing shareholders <strong>and</strong> to continue<br />
to innovate its suite of SaaS-based technologies<br />
08/18/16 27<br />
Investor(s): LeEco<br />
• Lancai provides flexible personal investment products targeted at urban white-collar workers<br />
• The Chinese start-up’s main product, Lancaibao, offers instant cash withdrawal, almost zero minimum<br />
investment threshold <strong>and</strong> an annualized interest rate of 7.8%<br />
• On August 18, 2016, Lancai raised approximately $27 mm in funding from LeEco<br />
07/18/16<br />
Investor(s):<br />
10<br />
MCI.TechVentures,<br />
Northzone Ventures<br />
• <strong>Market</strong>Invoice is a peer-to-peer invoice finance platform that allows businesses to sell unpaid invoices to<br />
provide working capital<br />
• On July 18, 2016, <strong>Market</strong>Invoice raised approximately $9.5 mm in funding from MCI.TechVentures <strong>and</strong><br />
Northzone Ventures<br />
• The Company intends to use the funds to consolidate its position in the UK, accelerate marketing <strong>and</strong><br />
continue developing its products<br />
Source: FT Partners’ Proprietary Transaction Database.<br />
28
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