Hello Fintech Friends,

When I'm not writing about great fintech startups, I spend my time investing in them.

If you're an early-stage founding team, we have a few more checks to write out of our Fund I, so feel free to reach out! (Fund II coming soon.)

👍👎 Have feedback for us? Let us know!

Please find another week of fintech financing events below.

If you’re an early-stage startup founder raising equity or debt, we may be able to help - come check out our fund, The Fintech Fund (including a link to pitch us). Are you a fintech angel investor? Come join our syndicate.

💸 Venture Financing

  1. Tipalti, an accounting software firm, raised $150 million in growth financing from JP Morgan Chase.

  2. PhonePe, the Indian payments giant, addedanother $100 million to its now-$850 million fundraise.

  3. TymeBank, a South African neobank launched by the Singapore-headquartered Tyme Group, raised a $77.8 million pre-Series C.

  4. Nymbus, a digital transformation solutions provider for banks, raised a $70 million Series D.

  5. OpenFin, a financial interface used by 3,800 banks and wealth and asset management firms in 60+ countries, raised a $35 million Series D from backers including Bank of America.

  6. Episode Six, a payment processing and digital ledger infrastructure, raised a $48 million Series C.

  7. FlowX.ai, a Romanian digital transformation provider for the financial sector, raised a $35 million Series A.

  8. Paydock, a UK payments orchestration software provider, raised a £25 million Series A.

  9. Kapital, a Mexican SMB lender, raised a $20 million Series A.

  10. Checkmate, an automated savings platform for online shopping, raised a $15 million Series A.

  11. Pesto, an asset-backed consumer credit card, raised $11 million.

  12. XFlow, an Indian B2B cross-border payment provider, raised a $10.2 million pre-Series A.

  13. Novisto, an ESG data management software company, raised a $20 million Series B.

  14. Nue, a pricing, sales, and finance tooling provider for Salesforce, raised a $9 million seed extension.

  15. Unlimited Funds, an ETF investing product, raised $8 million.

  16. Ballerine, an open-source risk decisioning platform, raised $5 million in seed funding.

  17. VePay, an acquiring and payments orchestration technology, raised $5 million.

  18. Kiwi, a startup that lets LatAm consumers build their credit histories, raised a $4.5 million pre-Series A and $75 million credit facility.

  19. Onyx, a neobank for affluent professionals, raised $4.1 million.

  20. Trade Ledger, a working capital platform, raised £3 million from Barclays.

  21. Trébol, a business identity verification startup for Latin America, raised a $3 million seed round.

  22. Plenty, a wealth management app for couples, raised a $2.75 million pre-seed.

  23. Skorlife, an Indonesian credit-scoring application, raised a $2.2 million pre-seed.

  24. Num Finance, a decentralized finance stablecoin protocol for Latin America, raised $1.5 million.

  25. Freemarket, a regulated B2B cross-border payments and currency exchange startup, raised growth capital.

💵 Debt Financing

  • Real estate investing platform Fundrise is raising a $500 million credit fund for distressed real estate acquisitions.

  • Cardless, a co-branded credit card as a service company, secured a $75 million credit facility.

💰 Venture Funds

  • Fintech venture capital firm QED Investors raised $925 million across two new funds.

  • European financial services investor Anthemis is targeting $200 million for a third fund, of which it has secured $36.4 million.

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