Hello Fintech Friends,

Please find another week of fintech financing events below.

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

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📊 Stat of the Week

Pix, Brazil’s instant payment system, announced that its recurring payments feature has attracted $30 billion in transactions.

💸 Venture Financing

  • Deel, the global payroll platform, sold $300 million in secondary shares at its $12 billion valuation as it gears up for a 2026 IPO.

  • Solarissecured a €140 million funding round to strengthen its Banking-as-a-Service platform.

  • Cashfree Paymentsraised $53 million in a funding round, reaching a $700 million valuation.

  • Lynxsecured $27 million to bridge the gap between healthcare and finance.

  • Anchor, a billing and collections platform, secured $20 million in a Series A funding round to enhance its automation capabilities and expand its market reach.

  • Jumpclosed a $20 million Series A funding round to develop AI-driven solutions aimed at streamlining financial advisors' workflows.

  • Khazna, an Egyptian fintech startup, raised $16 million to expand its financial super app and support its planned entry into the Saudi market.

  • Reservoir, an NFT-focused company, secured a $14 million funding round as it pivoted toward bridging blockchain technology with traditional markets.

  • Superlogicraised $13.7 million at a $200 million valuation to help consumers convert reward points into unique experiences, enhancing the usability of loyalty programs.

  • Model ML, a financial modeling platform, raised $12 million.

  • Neofin, a Brazilian accounts payable SaaS startup, raised $7 million in seed funding to enhance its platform and expand its customer base.

  • Warmlysecured a $6 million Series A extension to optimize SMB engagement through AI-driven solutions.

  • Prosper, a wealth management platform that caters to high-net-worth individuals, raised £4 million.

  • TaxGPT, an AI tax co-pilot for accounting and tax firms, raised $4.6 million in funding.

  • Traydraised $4.5 million in seed funding to develop its financial technology solutions for businesses.

  • ZeroRisk, an Irish provider of compliance and cyber risk management for payments, raised $4 million.

  • Rho Protocolsecured $4 million in seed funding, led by CoinFund, to advance its crypto rates exchange platform.

  • INXY, a platform that enables businesses to accept, send, and exchange digital assets, raised $3 million.

  • Myneraised $2 million in pre-seed funding to develop its platform, which focuses on digital asset management.

  • Qountsecured new investment to enhance its AI-powered solutions aimed at streamlining tax and accounting practice management.

  • Receipts, a fintech startup, received a strategic investment to advance its digital receipt solutions, which connect banks and merchants.

💵 Debt Financing

  • Lendo, a Saudi business lender, secured a $690 million warehouse facility from JPMorgan to expand its small business financing operations, supporting Saudi Arabia's Vision 2030 objectives.

💰 Venture Funds

  • Aviva Investorslaunched a $150 million early-stage startup fund to support ventures in fintech, healthtech, climate, and other emerging sectors.

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