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Pigment raised $250 million at a $2.3 billion valuation for its AI business planning platform, while Whop landed $200 million at a $5.1 billion valuation for its digital commerce platform. Cognitive Credit followed with $40 million for credit data and AI analytics.
Business payments also drew investment, with Coast raising $35 million for corporate cards, expense management and bill payments for construction, transportation and other field-service businesses. CapitalOS secured $21.9 million to embed financial tools in business software. Meanwhile, VIVA Finance secured a $150 million credit facility, while Neo Financial obtained $132 million to finance credit card receivables.
Among venture investors, Vintage Investment Partners raised $920 million across three strategies, Seaya secured $672.3 million at its growth fund’s first close, and Inspired Capital closed a $450 million fourth fund. Andreessen Horowitz renamed a16z Crypto to a16z Frontier, a nod to the expansion of the fund’s mandate.
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Stat of the Week
Payment cards’ share of cashless transactions worldwide fell from 71% in 2021 to 62% in 2025, as instant payment systems competed with cards at checkout across every region, according to Datos Insights’ Global Cards and Payments study.
Equity Funding
Pigment, an AI business planning platform, raised $250 million in a Series E led by EQT’s Scaleup Europe Fund at a $2.3 billion valuation.
Whop, a platform for launching businesses and selling digital products, raised $200 million in a Series D led by Sequoia and Shopify Ventures at a $5.1 billion valuation.
Cognitive Credit, a provider of corporate credit data and AI analytics, secured $40 million in growth investment led by Summit Partners.
Coast, a provider of corporate cards and expense management tools for construction, HVAC, plumbing, landscaping, electrical, pest control, solar, transportation, energy, oil and gas, and utilities, raised $35 million in growth equity.
Slingshot Insurance, an AI-powered embedded insurance startup, raised $27 million in seed funding.
Hyperlayer, a UK platform helping banks modernize their technology, raised £19.5 million ($26.1 million) in a Series A2.
CapitalOS, a platform enabling business software providers to embed cards, wallets and bill payments, raised $21.9 million in a Series A, led by LGVP, joined by WEX Venture Capital, Group11, Great North Ventures, Night Capital and existing investors.
Prism Data, a provider of cash-flow analytics for credit underwriting, raised $20 million in a Series A.
Sunlight AI, a platform automating administration and billing for independent medical practices, raised $17.4 million in seed funding.
Mural, a provider of payments and compliance infrastructure for fintechs and AI agents, raised $15 million in a Series A led by Tether.
Dataline, a decentralized data network for AI agents, raised $10.6 million in seed funding with participation from Coinbase Ventures.
BOB, an AI financial assistant for small businesses, raised $5.5 million in seed funding led by Mischief, the venture firm founded by Plaid co-founder Zach Perret, with backing from Peter Thiel.
Rebill, an Argentine payment infrastructure startup, raised $5.4 million in a pre-Series A.
Pennant, an AI platform for corporate governance and proxy voting, raised $5 million in seed funding led by Urban Innovation Fund, with participation from Y Combinator.
MARC, an AI platform helping real estate owners monitor operating expenses, raised $5 million in seed funding.
Vrtx, a Saudi embedded finance platform, raised $3.6 million in pre-seed funding with backing from Standard Chartered’s SC Ventures.
Vessla, a Swedish startup automating property management workflows with AI agents, raised $3.3 million in pre-seed funding.
Delegance Brokerage, an AI-powered commercial insurance broker, raised $3.1 million in pre-seed funding.
Rulen, an Italian AI platform automating tax and accounting workflows, raised €1.8 million ($2.02 million) in its first funding round.
Paidax, a Kazakhstan-based digital investing platform, raised $1 million in funding.
CapQuest, a Dubai-based platform for managing company ownership and employee equity, raised $1 million in pre-seed funding.
Debt and Mixed Financing
VIVA Finance, a provider of payroll-linked consumer loans, secured a $150 million credit facility.
Salmon Group, a Philippine banking and lending platform, secured $140 million in financing, comprising $90 million in investor commitments and $50 million in bond proceeds.
Neo Financial, a Canadian digital banking platform, secured a C$185 million ($132 million) warehouse facility to fund its credit card receivables.
ScribeUp, a platform embedding recurring bill management in banking apps, raised $13 million in Series A financing, comprising $10 million in equity and $3 million in venture debt.
Venture Funds
Vintage Investment Partners, a venture investor with fintech exposure, raised $920 million across its fund-of-funds, co-investment and secondaries strategies.
Seaya, a European technology investor, secured €600 million ($672.3 million) at the first close of Seaya Nova, a growth fund co-led by former Revolut and Wise investor Vinoth Jayakumar.
Inspired Capital, an early-stage investor in fintech and other technology sectors, closed its fourth fund at $450 million.
Andreessen Horowitz renamed a16z Crypto to a16z Frontier, expanding its latest fund’s mandate beyond crypto into other emerging technologies.



