US fintech funding round-up: Finalis, Quiltt and Realfinity

This week’s handy Friday funding round-up includes three US-based fintech start-ups: Finalis, Quiltt and Realfinity.

Finalis, a San Francisco and New York-based investment banking platform that enables private market participants to execute deals compliantly, has raised $10.7 million in a seed funding round led by various venture capital firms including ANIMO Ventures, Chaac Ventures, Ulu Ventures, Tribe Capital and The Fund.

The new capital will be used to accelerate Finalis’ market growth and the development of its deal-making technology platform, as well as support its overseas expansion plans.

Launched in May 2020, the company has built the Finalis Hub, which allows users to gain insights and collaborate on dealflow in real time.

The firm claims to be the “first fully-integrated” private securities brokerage technology platform and manages “billions” in deal volume with over 700 active mandates in market, supporting more than 150 investment banks and placement agencies across the US.

Low-code consumer fintech platform Quiltt has raised $4 million to expand access to financial services technology for consumers by “dramatically” lowering technical barriers for innovators.

Quiltt raises $4m

The seed round was co-led by Greycroft and Newark Venture Partners, with participation from Motivate Ventures, Abstraction Capital, Tectonic Capital, Bridge Investments and others.

Ruben Izmailyan, CEO and co-founder of Quiltt, says: “Quiltt’s vision is to make fintech development more accessible so that more growing businesses and start-ups can create seamless experiences for their customers.”

Quiltt says its platform comes “pre-integrated” with fintech providers such as Plaid, Spade and ApexEdge (Billshark). In addition to its unified API, Quiltt also provides no-code UI modules to allow anyone to rapidly experiment on top of its data platform.

Miami-based start-up Realfinity has raised pre-seed funds of $2 million through convertible note funding.

The firm says the new money will allow it to continue the development and growth of its HomeDashboard product for the real estate finance technology market.

HomeDashboard currently connects its consumer base of 120,000+ homeowners with financial data and services, cobranded with real estate professionals and loan officers.

“This pre-seed debt-based financing allows us to complete important product milestones and is the prelude to a forthcoming round of funding,” says Luca Dahlhausen, co-founder of Realfinity.

Realfinity’s clients, both lenders and real estate brokerages, pay a PaaS (platform-as-a-service) fee for every customer using the platform.