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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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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Dojo raises $190M in its first round (TWIF 5/31)

Dojo raises $190M in its first round (TWIF 5/31)
Kyoto & Osaka

Hello Fintech Friends,

Today’s newsletter is brought to you by our friends at Fireblocks.

Congrats to all the stablecoin providers who announced new fundraises this week, including Conduit*, Plasma, OpenFX, and Beam!

Please find another week of fintech financing events below.

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


💡
Sponsored Content

Powering over 2,000 businesses and moving trillions of dollars in value with unmatched scale and reliability, Fireblocks delivers the infrastructure for every step of your stablecoin journey—enabling you to grow with trust, operate efficiently, and stay ahead in the evolving digital asset economy.

Want to sponsor a newsletter? See our sponsorship information here.


💸 Venture Financing
  • Dojo secured $190 million (€168.6M) in its first equity raise. The UK-based payments tech provider plans to expand across Europe, including Spain, Ireland, and Italy.
  • CloudZero raised $56 million in a Series C round. The company offers tools to optimize cloud and AI infrastructure costs, addressing the growing expenses associated with multicloud environments.
  • RevenueCat secured $50 million in Series C funding, bringing its total raised to $100 million. The company plans to expand beyond mobile app monetization, offering tools for web-based payments and customer acquisition.
  • Slash raised $41 million at a $370 million valuation to develop industry-specific banking solutions. After pivoting from serving sneaker resellers, Slash now targets sectors like e-commerce marketing and crypto businesses.
  • Penfold, a UK-based digital pensions fintech, raised $39 million to enhance its platform and expand its customer base.
  • Conduit*, a stablecoin infrastructure company, raised $36 million in a Series A. Conduit aims to support on-chain stablecoin issuance and banking partnerships, helping fintechs and crypto firms issue their own fiat-backed assets
  • Rillet raised $25 million to automate general ledger systems using AI.
  • Keep, a Toronto, Canada-based provider of a financial platform for small businesses, raised $23 million in equity and $53 million in debt.
  • Palla secured $14 million to enhance its embedded cross-border payment solutions.
  • Stitch, a Saudi fintech startup, raised $10 million in seed funding to develop its financial infrastructure platform.
  • Velocity emerged from stealth with $10 million in funding to develop its "Velocity of Money" platform focused on real-time financial data and analytics.
  • AI-powered personal finance startup Gail announced its $8.2 million seed round and launched a smart financial assistant to help users manage money more intentionally using automation and behavioral nudges.
  • Sequence, an Israeli company aims to automate and optimize finances across banks, loans, credit cards, and savings, raised $7.5 million.
  • Beam, a startup building a stablecoin-based payment service provider (PSP), raised $7 million in new funding.
  • Asigna secured $3 million in funding to launch its Bitcoin Multisig V2 upgrade, enhancing security for digital asset transactions.
  • Vault, a provider of digital private wealth platform to investors across MENA, launched and announced a fundraise.

💰 Venture Funds
  • QuantumLight, a quantitative venture capital firm founded by Revolut founder Nik Storonsky, closed on a $250 million fund for backing founders across AI, Web3, Fintech, SaaS and Healthtech.

💡
Sponsored Content

Powering over 2,000 businesses and moving trillions of dollars in value with unmatched scale and reliability, Fireblocks delivers the infrastructure for every step of your stablecoin journey—enabling you to grow with trust, operate efficiently, and stay ahead in the evolving digital asset economy.

Want to sponsor a newsletter? See our sponsorship information here.