Last week, the FinTech landscape secured $477.6m across 16 deals, with many subsectors securing big cash injections to underline the success of the space.
Enterprise and Investment Software stole the limelight with 5 deals, amassing $259M. Finom’s $105M raise in the Netherlands fueled SME banking innovation, while Thomas Bravo’s $100M in the UK supercharged tax automation.
PayTech zipped in with 2 deals worth $22.2M, led by Glide’s $15M in the USA to streamline embedded payments, alongside Agree’s $7.2M for e-signatures and payments.
WealthTech also shone with 2 deals totalling $51.9m. Wagestream’s $39.9M in the UK boosted financial wellbeing, and Ravio’s $12M enhanced HR compensation tools. RegTech also performed strongly landing 3 deals at $52.6m
Historically, the USA has often led FinTech investment, and last week’s deals, reflect that trend, with the nation securing 5 of the 16 global funding rounds.
In comparison, Europe secured 8 deals this week (UK: 4, Netherlands: 2, Germany: 1, Portugal: 1), totaling $231.2m—close to the USA’s $239.2M across 5 deals/
Here Are Last Week’s Fintech Funding Rounds:
Amsterdam-based SMB banking platform Finom lands $105m from General Catalyst
Amsterdam-based Finom, a digital banking platform tailored to small and medium-sized businesses, has raised $105m in growth funding.
The Series B round was led by General Catalyst, with participation from Northzone, Cogito Capital, Entrée Capital, and Target Global.
Finom provides a digital banking platform for SMEs, entrepreneurs, and the self-employed across the European Union, offering a range of services including multi-currency accounts, international payments, and expense management tools.
Tax automation platform HubSync secures over $100m investment from Thomas Bravo
HubSync, a tax compliance and workflow automation software company, has secured an investment of more than $100m from Thoma Bravo.
The deal aims to accelerate HubSync’s mission of transforming tax advisory services through technology. HubSync offers tax, accounting, and investment workflow automation software for tax advisory firms, helping them streamline operations with its AI-driven platform.
Ox Security lands $60m Series B to advance AI-driven AppSec innovation
Application security company Ox Security has announced the close of a $60m Series B funding round to continue growth and innovation in the cybersecurity space.
The round was led by Battery Ventures, with participation from Thomvest Ventures, M12 – Microsoft’s Venture Fund, and Team8. Ox Security provides an end-to-end application security platform, leveraging AI to help enterprise customers secure their software throughout the entire development lifecycle.
UK FinTech Wagestream secures £30m in debt funding to scale financial wellbeing loans
Wagestream, a UK-based FinTech firm specialising in financial wellbeing services, has secured £30m in debt funding from Silicon Valley Bank (SVB).
The funding will help Wagestream scale its financial wellbeing offering, which includes providing employees with access to earned wages, savings tools, and financial coaching. The firm aims to expand its reach and deepen its impact, helping more workers improve their financial health through its platform.
AI-powered cybersecurity company Doppel lands $35M funding to boost digital risk platform
AI-powered cybersecurity company Doppel has raised $35m in a Series B funding round to strengthen its digital risk defence platform for enterprises.
The round was led by Scotiabank, with participation from existing investors including Khosla Ventures and Bessemer Venture Partners. Doppel provides an AI-driven platform that helps enterprises combat impersonation, fraud, and other digital risks, protecting their brands and customers.
UK FinTech lender Juice secures €29.4m to back SME founders with non-dilutive capital
Juice, a UK-based FinTech platform focused on alternative lending for digital entrepreneurs, has secured €29.4m in new funding to accelerate the financial inclusion of capital to underserved SMEs.
The Series A round was led by Praetura Ventures, with participation from existing investors. The capital will be used to further develop Juice’s platform, which provides non-dilutive funding to SME founders, particularly in the digital and tech sectors.
Embedded FinTech platform Glide raises $15m to modernise banking platform
Glide, an embedded FinTech platform focused on transforming the digital capabilities of traditional financial institutions, has raised $15m in a Series A funding round.
The round was led by Bain Capital Ventures, with participation from existing investors. Glide aims to help banks and credit unions modernise their digital offerings by providing embedded financial solutions, such as payments and account management tools.
Ravio lands $12m to overhaul global salary benchmarking with real-time HR data
Ravio, a compensation benchmarking and HR data platform, has secured $12m in a Series A funding round.
The round was led by Balderton Capital, with participation from existing investors including Northzone and Cherry Ventures. Ravio provides real-time compensation benchmarking and people analytics, enabling companies to make data-driven decisions about salaries and HR policies.
FinTech startup Duna raises €10.7m to streamline business identity compliance
Duna, an Amsterdam-based FinTech startup, has secured €10.7m in a Series A funding round to expand its business identity platform.
The round was led by Creandum, with participation from existing investors including LocalGlobe and Seedcamp. Duna offers a platform that streamlines business identity verification and compliance, helping companies onboard customers faster while meeting regulatory requirements.
German FinTech Circula secures €6.5m to boost AI-led expense management
Circula, a Berlin-based SaaS company specialising in corporate expense management and employee benefits, has raised €6.5m to accelerate its market-leading position in AI-driven financial tools.
The funding round was led by Gradient Ventures, with participation from existing investors including Storm Ventures and Tiny VC. Circula provides an AI-powered platform that automates expense management, travel reimbursements, and employee benefits for businesses.
AI compliance platform Haast raises $6m to expand into US RegTech market
Sydney-based RegTech startup Haast has raised $6m in a seed funding round to expand its AI-powered compliance platform into the US market, already underway. The round was led by Sequoia Capital, with participation from Airtree Ventures and other investors.
Haast offers an AI-driven compliance platform that helps financial institutions automate regulatory reporting and ensure adherence to complex global regulations.
Sustainable finance platform Goparity secures €2.9m to scale ethical investing
Portuguese sustainable finance platform Goparity, which also operates in Canada, has raised €2.9m in a new funding round to bolster its impact investment offerings.
The round was led by Iberis Capital, with participation from Mustard Seed Maze and other investors. Goparity allows retail and institutional investors to fund sustainable projects, such as renewable energy and social impact initiatives, through its platform.
Saudi FinTech Naqodlet secures $3m to transform SME financial operations
Saudi-based FinTech company Naqodlet, which provides an integrated financial operating system for small and medium-sized enterprises (SMEs), has raised $3m in a seed funding round.
The round was led by 500 Global, with participation from Vision Ventures and other regional investors.
Naqodlet offers a platform that integrates invoicing, payments, and financial management tools to help SMEs streamline their operations.
AI code platform CodeAnt AI raises $2m to speed up software development
CodeAnt AI, a US-based software development startup, has raised $2m in a seed funding round to enhance its code review platform using artificial intelligence.
The round was led by Y Combinator, with participation from Sequoia Scouts and other angel investors. CodeAnt AI provides an AI-driven platform that automates code reviews, helping developers improve code quality and accelerate software development cycles.