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Moove had this week’s largest funding round, raising $250 million in Series C funding at a $2.1 billion valuation. The Nigeria-founded company began by financing vehicles for ride-hailing drivers and now aims to expand its newer autonomous-fleet operations and infrastructure business.
Among more traditional fintechs, Decade raised an unusually large $85 million seed round, while 10x Banking secured £40 million ($53.8 million) and Faye raised $50 million. Yellow Card raised $40 million, while JPYC’s extended Series B reached ¥6 billion ($38 million).
Investment managers unveiled several larger vehicles. G Squared closed a $2.3 billion fund, Bridge and Luminarx launched a $500 million direct-lending fund, and White Star Capital closed a C$350 million ($250 million) fund. Robinhood Ventures Fund II also filed to raise up to $200 million through a U.S. IPO.
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Stat of the Week
Global cross-border bank credit rose 11% year over year to $39.5 trillion in the first quarter of 2026, including a $148 billion increase in lending to emerging and developing economies, according to the Bank for International Settlements.
Venture Financing
Nigeria-founded mobility fintech Moove raised $250 million in Series C funding at a $2.1 billion valuation to expand its autonomous vehicle fleet-management business and infrastructure.
Brazil-based AI-native wealth advisory platform Decade raised $85 million in seed funding.
U.K.-based core banking platform 10x Banking raised £40 million ($53.8 million) in funding to support its global expansion.
Travel insurance platform Faye raised $50 million in Series C funding to expand its AI capabilities, partnerships and international presence.
Stablecoin infrastructure provider Yellow Card raised $40 million in strategic equity funding to fuel global expansion.
Japan-based stablecoin issuer JPYC raised ¥6 billion ($38 million) in extended Series B funding to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged stablecoin.
Berlin-based spend management platform Moss raised €30 million ($35 million) in Series C funding round led by Portage to expand its AI-powered finance automation tools.
AI-native banking technology provider Maximum raised $30 million in seed funding to build an operating system for banks.
Financial management platform Ambrook raised $30 million in Series B funding to expand beyond agriculture into industries including construction, trucking and real estate.
India-based risk intelligence and reinsurance platform InRisk Labs raised $27 million in Series A funding co-led by Bessemer Venture Partners and Northpoint Capital.
Pan-African payments infrastructure provider Moment raised $22 million in Series A funding to expand its network across Africa.
Billing and revenue automation platform Ordway secured $20 million in growth capital to accelerate its AI product roadmap.
Commercial insurance benchmarking platform Advocate Technologies raised $18 million in seed funding and emerged from stealth.
AI-powered equity research platform Pinegap raised $8 million in Series A funding to develop custom AI agents for institutional investors.
Autonomous cash-management platform Rivo raised a $2.7 million seed round, bringing its total funding to $3.1 million.
Saudi enterprise AI and financial-crime technology provider Mozn received an undisclosed strategic investment from HUMAIN to develop sovereign enterprise AI products.
U.K.-based digital-assets platform Licuido received an undisclosed strategic investment from Ripple to expand its tokenization infrastructure.
Minneapolis-based embedded insurance provider Vertical Insure raised an undisclosed amount of funding to expand into new markets and software verticals.
UAE-based onchain finance platform ZIGChain secured an undisclosed strategic investment from Nomura’s Laser Digital to develop tokenized private-credit and payments products.
Debt Financing
Colombia-based alternative home-financing platform Duppla raised $60 million in debt and equity funding, with the breakdown between the two not disclosed.
India-based B2B financing platform GetVantage raised ₹63 crore ($6.6 million) in Series A1 debt and equity funding, with the breakdown undisclosed, to expand its embedded-financing platform for small businesses.
Singapore-headquartered SME financing platform Funding Societies secured an undisclosed multi-year working-capital financing facility from Malaysia Debt Ventures to expand lending to underserved Malaysian businesses.
Venture Funds
Global venture capital firm G Squared closed its seventh flagship fund at $2.3 billion to invest in growth-stage technology companies through secondary transactions, structured investments and select primary financings.
Bridge and Luminarx launched a $500 million direct-lending fund for retail suppliers.
White Star Capital closed its fourth global VC fund at C$350 million ($250 million) to invest in Series A and B technology companies across financial services, AI, healthcare and commerce infrastructure.
Robinhood Ventures Fund II aims to raise up to $200 million through a U.S. IPO to invest in early- and growth-stage private companies connected to Y Combinator.
