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Fintech companies raised more than $1 billion this week, led by Ridgeline’s $250 million Series E and Tabby’s $233 million round. Crypto-data provider Kaiko followed with $110 million.
AI was a dominant theme, powering platforms for investment management, compliance, lending, accounting and insurance. Luzern Risk, AIUC and Adaptive were among the companies that secured funding.
Debt financing was led by Ayan Capital’s $100.2 million facility and Wayflyer’s $50 million facility. Among venture funds, Bain Capital Ventures raised $1.6 billion and Portage closed $600 million.
Please find another week of fintech financing events below.
Have feedback for us? Let us know. Find us at @nikmilanovic, @twifintech, and @ndm
Photo by Tyler via Unsplash
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Stat of the Week
AI-enabled fraud is 4.5 times more profitable than traditional fraud, according to Interpol, as criminals use chatbots, deepfakes and other tools to automate sophisticated scams.
Venture Financing
Ridgeline, an Incline Village, Nevada-based provider of an AI-native investment-management platform, raised $250 million in a Series E at a $1.425 billion valuation.
Tabby, a Saudi Arabia-based BNPL provider, raised $233 million.
Kaiko, a crypto-market data provider, raised $110 million in a round led by S&P Global.
Luzern Risk, a New York-based captive manager specializing in alternative-risk solutions, raised $45 million in a Series B.
AUC, a provider of security and safety-certification infrastructure for AI agents, raised $40 million in a Series A.
Adaptive, a New York-based agentic accounting platform for construction companies, raised $30 million in a Series B.
Ryft, a U.K.-based embedded-payments platform for marketplaces, raised £20 million ($26.8 million) in a Series B.
dtcpay, a Singapore-based stablecoin-payments company, closed a $25 million Series A.
Footprint, a New York-based provider of AI agents for financial-crime compliance, raised $25 million in a Series B.
Kastle, a San Francisco-based AI-workforce platform for consumer lending, raised $24 million in a Series A.
Integral, a Germany-based accounting-technology startup, raised €18 million ($20.7 million) in a Series A.
Fin.com, a financial-infrastructure platform for global money movement, raised $20 million in seed funding with backing from Coinbase Ventures.
Mainstay, a San Francisco-based data and workflow platform for residential real estate, raised more than $18 million and acquired AI-powered listing platform Truelist.
Liquid Compute, a New York-based startup building a regulated exchange for AI-compute capacity, raised $15 million in seed funding.
Pave Finance, a New York-based provider of AI-powered portfolio-management technology for financial advisers, raised $15 million in a Series A.
Nara Health, a Chicago-based third-party administrator offering personalized health-insurance plans, raised $14 million across pre-seed and seed funding.
Rebuild, a New York-based provider of AI-powered insurance-claim software for restoration contractors, raised more than $13 million.
Synapse Analytics, a UAE-based provider of AI-powered decisioning software for financial institutions, raised $13 million in a Series A.
ETFBOOK, an ETF data and analytics provider, raised $13 million.
Chift, a Belgium-based financial-connectivity platform, raised €10.5 million ($12.1 million) in a Series A.
syte, a Germany-based provider of AI-powered real-estate analytics, raised €9 million ($10.3 million) in a Series A.
Velocity, a U.K.-based stablecoin-payments and treasury platform, raised $10 million in a Series A extension.
Creem, a merchant-of-record and payments platform, raised €5 million ($5.7 million) in seed funding.
Opio, a France-based financial due-diligence startup, raised €4 million ($4.6 million).
JustSolve, an Italy-based developer of agentic AI infrastructure for credit management and collections, raised €3.7 million ($4.3 million) in pre-seed funding.
Quartz, a U.K.-based provider of an AI-powered personal-wealth and asset-aggregation platform, raised £2.75 million ($3.7 million) in pre-seed funding.
OCTA, a UAE-based provider of AI accounting agents, raised $3.5 million in seed funding.
Deadstock, an onchain marketplace for verified physical trading cards, raised $2.5 million in seed funding.
Tenka Labs, a U.K.-based provider of onchain infrastructure for asset-backed finance, raised an undisclosed amount in pre-seed funding.
Mama Insurance, an Italy-based digital home-insurance provider, raised an undisclosed amount.
tZERO Group, a Jersey City-based provider of blockchain infrastructure for capital markets, raised an undisclosed amount.
Debt Financing
Ayan Capital, a U.K.-based provider of Sharia-compliant vehicle financing, secured a £75 million ($100.2 million) debt facility.
Wayflyer, an Ireland-based working-capital provider for small businesses, secured a $50 million corporate debt facility.
USD.AI, a U.S.-based provider of GPU-backed financing for AI infrastructure operators, secured a $40 million stablecoin-based revolving debt facility.
Permian Labs, a New York-based developer of USD.AI, secured a $40 million strategic, non-dilutive financing facility.
Watu, a Kenya-based asset-financing company, secured $7 million in debt financing.
Payment Nerds, a Nashville-based merchant-services and payment-processing company, secured a $2 million credit facility.
Venture Funds
