Hello Fintech Friends,
Ramp and Kpler led a crowded week of fintech financing. Ramp closed a $750 million Series F at a $44 billion valuation, cementing its status as one of the most valuable private companies in financial infrastructure. Physical trade intelligence data and analytics platform Kpler pulled in over $1 billion from Sixth Street as it pushes beyond commodities intelligence into adjacent markets.
Rounding out a busy week: AlphaSense raised $350 million at a $7.5 billion valuation after crossing $600 million in ARR, Corgi hit a $2.6 billion valuation just weeks after its last round, and Perk secured a $300 million credit facility.
AI agentic finance continues to attract investor attention. Natural raised $30 million to let AI agents move money autonomously. Aveni pulled £12 million to build assurance tools for agents operating in consumer finance. Gradient Labs added $13 million to automate customer operations across financial services.
Please find another week of fintech financing events below.
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Stat of the Week
The GENIUS Act reduced the market value of listed incumbent payment firms by 18%, or approximately $300 billion, “consistent with stablecoins increasing competition in the payments sector,” according to an IMF working paper analyzing stock market reactions to the bill's passage.
Venture Financing
Kpler, a global physical trade intelligence and analytics platform with visibility across commodities, maritime, and defense markets, secured a strategic minority growth equity investment of over $1 billion from Sixth Street to fuel expansion into adjacent markets.
Ramp, a corporate spend management and financial infrastructure platform serving over 70,000 businesses, closed a $750 million Series F at a $44 billion valuation to further invest in AI capabilities for customers.
AlphaSense, an AI market intelligence platform used by more than 7,000 enterprises and financial institutions, raised $350 million at a $7.5 billion valuation to accelerate AI development, international expansion, and surpassing $600M in annual recurring revenue.
Twinco Capital, a Dutch-Spanish fintech providing purchase-order-to-payment financing for suppliers in global supply chains, secured €165 million (~$190 million) in combined funding, comprising a €15 million (~$17 million) Series B and a landmark €150 million (~$173 million) securitization facility led by Banco Santander.
Corgi, a full-stack commercial insurance platform serving startups in tech, cyber, and general liability, raised $106 million in a Series B1 at a $2.6 billion valuation, just three weeks after its $160M Series B.
Forage, a mission-driven financial infrastructure platform enabling retailers to accept government benefits like SNAP, WIC, HSA, and FSA, raised $40 million in a Series B to scale its consumer app and expand its payments infrastructure for low-income families.
Honeycomb Insurance, a digital insurer specializing in AI-driven underwriting for apartment buildings and condo associations, raised $40 million to accelerate geographic expansion and enhance its underwriting platform.
Natural, an agentic payments startup enabling AI agents to move money across identity, permissions, and accountability frameworks, landed a $30 million Series A.
Arib, a Saudi Arabia-based digital financing marketplace connecting users with banks and licensed lenders, secured $23.5 million to expand its Sharia-compliant digital lending platform and strengthen its presence in the Kingdom's fintech market.
Aveni, an Edinburgh-based AI fintech building assurance tools for AI agents operating in financial services, secured £12 million (~$16 million) to develop its Unified Assurance Platform and launch new conduct-risk products for agentic AI in consumer finance.
Pace, an AI operations platform for insurers that uses agents to automate back-office insurance workflows, closed a $46 million Series B to expand its agentic workforce capabilities across the US and globally.
Gradient Labs, a fintech building AI agents to streamline customer operations for financial services companies, raised $13 million in a Series A extension round.
Enduring Planet, a fintech providing non-dilutive loans to early-stage climate startups backed by government grants and contracts, closed a $12 million second fund to expand lending to climate entrepreneurs across the US.
WeRize, an Indian fintech distributing financial products including mutual funds, credit cards, and housing loans to consumers in smaller cities through a network of local distributors, raised $7 million to strengthen its AI and technology capabilities and expand its product suite.
RedGirasol, a Mexican crowdfunding fintech focused on impact investing in solar energy and sustainable projects, closed a $5.8 million strategic investment from Credit Saison Mexico to scale its lending portfolio and expand sustainable project financing.
Paypercut, a European payments platform enabling online merchants to accept payments across Central and Eastern Europe through a single integration, closed a €5 million (~$5.4 million) seed round to deepen its presence across CEE markets and advance its Irish EMI licence application.
Cense, a Swiss crypto compliance and evidence platform for financial institutions spun out of Glassnode, raised €6.5 million (~$7 million) in a seed round to automate crypto compliance due diligence and expand across Europe.
Hypernova, an on-chain proprietary trading platform built on Hyperliquid that lets traders access capital allocations via smart contracts, secured $3 million in pre-seed funding to build out its platform ahead of public launch.
Zazume, a Spanish proptech digitizing the residential rental lifecycle through AI and financial services, secured €2.5 million (~$2.7 million) to fund acquisitions of property management portfolios from smaller agencies across Spain.
Superior.Trade, an AI trading protocol allowing users to define parameters and have AI agents execute strategies on-chain via Hyperliquid, received a $1 million co-investment from Animoca Brands under its Minds Investment Programme.
Rovia, a global wealth platform helping equity-rich professionals manage and transfer RSUs and equity compensation across borders, raised $1 million in a pre-seed round to expand its engineering team and deepen brokerage integrations.
WasabiCard, a global payment infrastructure platform bridging stablecoins with real-world financial applications, closed its Pre-A round bringing total funding to nearly $10 million, to expand its stablecoin-powered card and payout capabilities globally.
KNAV, a global accounting and advisory firm serving multinational companies across assurance, tax, and advisory services, received an undisclosed follow-on investment from NKSquared to pursue international acquisitions and accelerate AI deployment across its service lines.
Debt Financing
Perk (formerly TravelPerk), an AI-native platform for corporate travel and spend management trusted by more than 12,000 companies worldwide, secured a $300 million private credit facility to accelerate product investment and fund its upcoming U.S. launch of an integrated spend platform.
Twinco Capital closed a €150 million (~$173 million) securitization facility led by Banco Santander to fund purchase-order loans to its supplier customers.
Rent Butter, a resident screening platform for property managers and landlords combining bank transaction analysis, income verification, and fraud detection, secured a $3 million growth capital facility to expand integrations and grow its API business.
Venture Funds
Bajaj Finserv's new venture unit plans to invest ₹1,500-2,000 crore (approximately $175M-$234M USD) into AI, fintech and cybersecurity startups.
Convective Capital, a venture firm investing in disaster resilience technology across wildfire, flood, storm, and grid hardening, closed an $85 million second fund to back more startups focused on mitigating climate and natural-disaster risk.
Wingman Growth Partners, a Greenwich-based private equity firm focused on mission-critical software, data, and financial technology businesses, closed its inaugural fund at a $215 million hard cap to invest in founder-led software companies across the US and Canada.
