Hello Fintech Friends,
Today’s newsletter is brought to you by our friends at Lithic.
Crypto and AI dominated this week’s funding activity, led by Citadel Securities’ $400 million investment in Crypto.com.
Investors also poured capital into stablecoin rails, tokenized markets and AI-powered financial infrastructure, while PremFina secured a $538.3 million debt facility. On the fund side, MGX closed a $49 billion AI vehicle and B Capital raised $500 million for early-stage investments.
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Stat of the Week
Investors are making fewer but much larger bets on fintech. Global fintech startups raised about $28.6 billion in the first half of 2026, up 22.7% from a year earlier, even as deal volume fell by more than a quarter, according to Crunchbase.
Venture Financing
Crypto.com secured a $400 million strategic investment from Citadel Securities to expand its crypto infrastructure across tokenized securities, derivatives and other asset classes.
Alpaca raised $135 million to scale its brokerage infrastructure for tokenized markets and AI-native financial services.
Cover Genius raised $100 million from Vista Credit Partners to expand its embedded protection infrastructure, AI capabilities and acquisition strategy.
ADI Chain secured a $50 million strategic investment to expand its compliant blockchain infrastructure and stablecoin rails for governments and financial institutions.
Aethon raised $50 million to launch an AI-powered quantitative hedge fund that uses retail investor activity to generate trading signals.
Orange Juice raised $40 million to pursue a bitcoin treasury strategy and build its holdings of the cryptocurrency.
MountainSeed secured a $38 million growth investment from Long Ridge Equity Partners to expand its appraisal, valuation and capital markets technology for community financial institutions.
Velocity raised $38 million in Series A funding to scale its stablecoin-powered treasury and settlement infrastructure for enterprises and financial institutions.
Trasia raised $35 million, including a $1.75 million seed round, to launch web and mobile trading platforms focused on perpetual markets tied to Asian securities.
Feathery raised $30 million to scale its AI operating and decisioning platform for financial institutions.
Hadrius raised $22 million in Series A funding to expand its AI-native compliance platform for regulated financial firms.
Mercado Bitcoin raised $20 million in the first close of its Series C to expand its payments infrastructure, tokenized investments and on-chain capital markets products.
Cyclops raised $20 million in Series A funding to expand its blockchain security platform for detecting and preventing crypto exploits.
Ualá secured a $20 million investment from Tether at a $3.2 billion valuation to expand its digital banking platform across Latin America.
Simple AI raised $15 million in seed funding to grow its AI voice agents for automating customer sales and support calls.
GoTyme received a $13.9 million capital injection from JG Summit Holdings and Tyme Investments to support the continued growth of its Philippine digital bank.
Skalar raised $13.7 million (€12 million) to build an AI-powered tax and accounting firm for European businesses.
Infinia raised $13.5 million in Series A funding to expand its infrastructure connecting traditional banking networks with stablecoin rails in emerging markets.
Keyper raised $11 million in Series A funding to scale its monthly rent payment platform and digital real estate infrastructure across the UAE.
Pascal raised $9 million in Series A funding to build a prediction market platform for professional and institutional traders.
Nopan raised $8.2 million (€7.2 million) to date to expand its infrastructure for optimizing account-to-account and digital wallet payments across Europe.
Pact Labs raised $7 million in Series A funding to bring stablecoin infrastructure to payroll, earned-wage access, credit and payments.
Glacis Labs raised $6.8 million in seed funding to scale ZeroDelta, its clearing and settlement infrastructure for digital assets.
Mango raised $6 million to expand its construction finance platform in Mexico.
Float raised $5.1 million (€4.5 million) in Series A funding to build an AI-native financial platform for European technology SMEs.
Linker Finance raised $5 million in seed funding to expand its digital banking and customer engagement platform for community banks.
PolicyStreet secured an additional $5 million in Series C funding to expand its embedded insurance platform across Asia.
JULO secured $5 million to expand its digital lending platform for underserved consumers in Indonesia.
Saible raised $3.9 million (£2.9 million) to expand its platform for routing construction payments directly to approved suppliers and subcontractors.
LendUs raised $3.5 million (A$5 million) in seed funding to scale its white-label home-loan comparison platform for consumer brands.
Finto raised $3.4 million in seed funding to bring AI agents to enterprise accounting workflows.
AXON Finance secured $2 million in strategic funding to develop its AI-native blockchain infrastructure for payments and decentralized finance.
Horizon Trade raised $2 million in pre-seed funding to build its technology for global trade and financial markets.
WeAid raised an undisclosed pre-Series A round to expand Boum, its AI-powered dental insurance claims automation platform.
Mathesis Analytics raised an undisclosed round to expand its financial analytics and investment research platform.
Debt Financing
Venture Funds
AlleyCorp closed a $335 million Fund II to back early-stage technology companies, with investments spanning enterprise software and AI, including financial services AI platform Rogo.
Abu Dhabi-based MGX closed a $49 billion AI fund to back global AI infrastructure, chips and enabling platforms that include data and compute rails used by financial services.
B Capital closed its oversubscribed Ascent Fund III at a $500 million hard cap to back early stage AI driven technology, healthcare, energy and frontier tech companies in North America and Asia, nearly doubling the size of its prior Ascent Fund II.
Register for Stablecon
Stablecon, taking place in Washington, D.C. on Sept. 9-11, is a global event dedicated to reinventing the global movement of value by connecting the brightest minds in fintech and crypto, advancing critical regulatory conversations and driving the adoption of stablecoin infrastructure. Register now.
