Over $1bn was injected into the global FinTech ecosystem this week, marking a strong showing across sectors despite a relatively subdued volume of deals.
A total of 18 FinTech-related deals were completed, amassing just over $1.13bn in disclosed funding. Of these, three deals crossed the $100m mark, led by HR and financial automation platform Rippling, which raised a remarkable $450m. It was closely followed by WealthTech firm Addepar, bringing in $230m, and digital life insurance platform Bestow, which secured $120m.
The US continued its dominance in FinTech funding activity, accounting for half of this week’s deal count with nine investments. The UK followed with five, while Germany, France, and Israel each saw one deal.
In terms of verticals, RegTech showed significant traction with four deals, closely followed by FinTech at five. WealthTech and PayTech both saw multiple transactions, while CyberTech, PropTech, InsurTech, and Infrastructure/Enterprise software also saw representation.
Here are this week’s FinTech funding rounds:
HR and IT platform Rippling raises $450m in Series G round
Rippling, a workforce management platform offering integrated solutions across HR, IT and finance, has secured $450m in a Series G funding round.
The raise saw participation from Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator, alongside existing investors.
In addition to the primary investment, Rippling has launched a $200m tender offer to repurchase equity from current and former employees. The round places the company’s valuation at $16.8bn.
Founded on the belief that employee data plays a foundational role across numerous enterprise systems, Rippling offers more than two dozen products that cover functions such as payroll, benefits, identity management, corporate cards and bill pay. Its unified platform enables organisations to manage every aspect of the employee lifecycle in one place, eliminating the inefficiencies caused by fragmented data systems.
WealthTech firm Addepar raises $230m in Series G to support global growth
Addepar, a global technology and data platform used by investment professionals, has secured $230m in a Series G funding round that values the company at $3.25bn.
The round was co-led by London-based Vitruvian Partners and returning investor WestCap from New York. Additional support came from existing backers 8VC and Valor Equity Partners, while Singapore’s EDBI joined as a new investor through SG Growth Capital, a platform of the Singapore Economic Development Board and Enterprise Singapore.
Founded in the aftermath of the 2008 financial crisis, Addepar provides an integrated platform that supports investment professionals in managing over $7tn in assets across more than 1,200 client firms in 50 countries. It serves a broad client base including single-family offices, RIAs, large banks, institutional investors and fund managers.
The fresh capital will be used primarily to provide liquidity to employees and other investors via a tender offer. A portion of the proceeds will also fund continued investments in R&D and client-facing capabilities, helping Addepar advance innovation and maintain its rapid product development.
Wealth-building app Stash raises $146m to expand Money Coach AI platformInsurTech firm Bestow raises $120m to accelerate platform expansion
Bestow, a technology provider for the life insurance sector, has raised $120m in an oversubscribed Series D funding round as it continues to reposition itself as a core technology partner for carriers.
The round was co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital. Alongside the equity raise, Bestow also secured a $50m credit facility from TriplePoint Capital to further support its operations and growth initiatives.
Bestow provides a vertically integrated InsurTech platform that enables life and annuity carriers to digitise their operations—from product development and underwriting through to policy administration. The platform is designed to help insurers modernise, improve cost efficiency, and enhance service delivery at scale.
Zopa boosts balance sheet with £80m raise to fuel everyday banking ambitions
Zopa, the UK-based digital bank and FinTech lender, has raised £80m in Additional Tier 1 (AT1) capital to support its next phase of growth.
The funding round attracted participation from a mix of existing and new investors, with the transaction completed on the International Securities Market (ISM) of the London Stock Exchange. Jefferies acted as structuring adviser and sole lead manager on the deal, which was oversubscribed by more than two times, drawing interest from over 20 institutional investors.
Founded as a peer-to-peer lending platform, Zopa has evolved into a full-service digital bank since its launch in 2020. The company offers a range of financial products, including personal loans, credit cards, and savings accounts, and has become a significant player in the UK’s consumer finance space.
Zopa intends to use the newly secured capital to bolster its balance sheet without diluting existing shareholders. The move comes as the company prepares to enter everyday banking with the upcoming launch of its flagship current account, positioning itself to capture a broader share of customer financial needs.
Specialty insurance SaaS leader Tinubu secures $45m to expand AI-driven platformSamaya AI lands $43.5m to scale expert AI agents for finance sectorWireless technology company SurgePays raises $7m to fuel nationwide expansion
German pension tech start-up Penzilla raises €3.2mAI-driven property risk platform Martello secures £1.2m to modernise conveyancing