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The Front Page of Fintech

The largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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Another Double Decacorn (TWIF 8/2)

Ramp raises $500M more, 45 days later.

Another Double Decacorn (TWIF 8/2)
Scott London

Hello Fintech Friends,

We're excited to share that Chuk Okpalugo, Product Leader at Paxos, will be expanding his role with us to lead our Stablecon Content Council.

You may know Chuk from his great newsletter, The Weekly Stable, and from his moderation of our Stable Salon panel series.

📣 I’m excited to share that I’ll be joining the Stablecon team as an advisor to lead their Content Council. | Chuk Okpalugo
📣 I’m excited to share that I’ll be joining the Stablecon team as an advisor to lead their Content Council. The Council’s remit is to sharpen program quality, diversify perspectives, and expand the reach and impact of our community’s stablecoin expertise. I’ll be growing the Council with operators, builders, and policy voices who bring deep, real‑world insights. Looking forward to partnering with Rachel Morrissey, Stablecon’s new Director of Content, plus Nik, Dennis and Mitchell to build the #1 global stablecoin conference. | 37 comments on LinkedIn

Chuk will be assembling a council of leaders, builders, and visionaries from the stablecoin ecosystem to put together meaningful content and speaker recommendations for Stablecon 2026, working with our Director of Content Rachel Morrissey.

Who is the #1 person you want to see on-stage at Stablecon '26?

The most important topic in stables?

Discounted earlybird tickets are on-sale now – grab them while they last!

Stablecon

Please find another week of fintech financing events below.

(👍👎 Have feedback for us? Let us know. Find me at @nikmilanovic, @twifintech, and @ndm)


📊 Stat of the Week
💸 Venture Financing
  • Ramp raised $500 million at a $22.5 billion valuation to scale its AI‑driven corporate finance automation platform offering corporate cards, expense management, bookkeeping and procurement workflows.
  • QI Tech raised $63 million in a Series B extension to expand its digital banking infrastructure services in Brazil.
  • Salient secured $60 million in Series A to grow its AI‑powered loan servicing platform automating post‑loan origination operations for lenders.
  • RD Technologies led a $40 million Series A2 round to accelerate its regulated stablecoin infrastructure in Hong Kong.
  • Arbital Health landed $31 million to build out its AI‑powered infrastructure layer that enables payers and providers to manage value‑based risk contracts.
  • Stable raised $28 million in seed funding to develop its USDT‑optimized layer‑1 blockchain offering seamless stablecoin payments rails.
  • Wingspan raised $24 million in Series B to scale its contractor‑focused payroll platform built for managing independent workforce payments.
  • Tako raised $18 million in Series A to automate payroll and workforce management for Brazilian businesses navigating complex labor and tax regulations.
  • Daloopa raised $13 million to build its generative‑AI platform for automating financial data extraction and analysis.
  • OffDeal raised $12 million in Series A to launch its AI‑native investment bank targeting sell‑side M&A services for SMBs.
  • TakeUp raised $11 million in funding to scale its hotel pricing software platform that uses AI to optimize room rates.
  • Falcon Finance received $10 million from WLFI to boost its on‑chain dollar liquidity for blockchain dollar products.
  • Due raised $7.3 million seed extension to launch its stablecoin API, powering borderless, real‑time fiat and blockchain payment infrastructure for businesses.
  • Caspian raised $5.4 million seed round to scale its AI‑powered duty optimization platform that automates rebates and drawback refunds for global trade firms.
  • Keye launched from stealth backed by a $5 million seed round to offer an AI platform that automates private equity due diligence, converting raw deal data into structured insights for faster decision‑making.

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