Fintec Labs
OperatingSouth African financial technology incubator to the largest African insurance- and banking institutions.
- Banking
- Stellenbosch, South Africa
- Series B
- Founded 2015
- fintec.group ↗
- Total raised
- $5.5M
- disclosed
- Last round
- $1.7M
- Non-equity Assistance
- Rounds
- 6
- since 2015
- Investors
- 4
- on record
- Employees
- 11-50
Fintec Labs funding and investors
Fintec Labs has raised $5.5M across 6 disclosed rounds. The latest is a $2M Series B announced 15 Dec 2018, led by Fintec Ventures.
- Lead investors
- 2
- Largest round
- $2M
- Average round
- $917K
- disclosed rounds
- Round cadence
- 8 mo
- average gap
- $116KPre-seedPre-seed, $116K, $116K raised to date
- $289KSeedSeed, $289K, $405K raised to date
- $289KSeedSeed, $289K, $695K raised to date
- $1MSeries ASeries A, $1M, $1.7M raised to date
- $1.7MNon-equity AssistanceNon-equity Assistance, $1.7M, $3.5M raised to date
- $2MSeries BSeries B, $2M, $5.5M raised to date
SLA Funding Index · grey is capital raised before each round
Fintec Labs funding rounds6 · newest first
- Series B$2M
15 Dec 2018 · led by Fintec Ventures
15 Dec 2018
- Series A$1M
01 Dec 2016
- Seed$289K
15 Feb 2016
- Seed$289K
18 Nov 2015 · led by Q4 Investments (Pty) Ltd
- Pre-seed$116K
01 Aug 2015
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 15 Dec 2018 | Series B | Fintec Ventures | $2M |
| 15 Dec 2018 | Non-equity Assistance | Investors not disclosed | $1.7M |
| 01 Dec 2016 | Series A | Investors not disclosed | $1M |
| 15 Feb 2016 | Seed | Investors not disclosed | $289K |
| 18 Nov 2015 | Seed | Q4 Investments (Pty) Ltd | $289K |
| 01 Aug 2015 | Pre-seed | Willem van Zyl, Daniel van Tonder | $116K |
Investors in Fintec Labs4 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Q4 Investments (Pty) LtdPrivate Equity | Lead | Seed | Nov 2015 |
| Fintec VenturesVenture Capital | Lead | Series B | Dec 2018 |
| Willem van ZylPrivate Equity | Participant | Pre-seed | Aug 2015 |
| Daniel van TonderPrivate Equity | Participant | Pre-seed | Aug 2015 |
Frequently asked about Fintec Labs
- How much funding has Fintec Labs raised?
- Fintec Labs has raised $5.5M across 6 disclosed rounds. Its latest, a $2M Series B, was announced on Dec 15, 2018.
- Who has invested in Fintec Labs?
- Backers include Fintec Ventures, Q4 Investments (Pty) Ltd, Willem van Zyl and Daniel van Tonder.
Profile updated Source: SLA Startup IndexHow we count →
