This Week in Fintech (3/26)

This Week in Fintech (3/26)

Hello Fintech Friends,

I opened up public office hours (2+ hours per week) about a month ago and they’re now booked out through mid-June. I wish there were an easier way to scale myself. How have others dealt with this?

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), see our primer on how we make introductions, and reach out to fund@thisweekinfintech.com.


If you’re looking to hire from a group of 10,000+ smart, motivated fintech professionals, come pick up a Collective Pass and post a job here.


💸 Venture Financing

  • Ramp, a corporate card and accounting platform for businesses, raised $750 million at an $8.1 billion valuation.
  • ClearBank, a UK builder of real-time clearance banking rails, raised £175 million.
  • Jeeves, an expense management platform for startups that operates mostly in Latin America, raised a $180 million Series C at a $2.1 billion valuation.
  • Capitolis, a service for helping banks pool their trading resources, raised a $110 million Series D at a $1.6 billion valuation.
  • Dave, a public banking app, received $100 million in funding from crypto exchange FTX in order to expand its digital assets ecosystem.
  • Digits, a software platform building real-time accounting tools for SMBs, raised $65 million at a $565 million valuation.
  • ChargeAfter, a buy-now-pay-later that work with multiple lenders, raised a $44 million Series B from backers including Citi Ventures, Banco Bradesco and MUFG.
  • Apollo, which provides agriculture financing to Kenyan farmers, raised a $40 million Series B.
  • Kayrros, a climate and data analytics startup, raised €40 million from French bank BNP Paribas.
  • Tomo, a “PayPal for the mortgage industry,” raised $40 million at a $640 million valuation.
  • Cape, an Australian expense management startup, raised $33.1 million.
  • Reach, a cross-border payments enablement firm, raised $30 million.
  • Zebec, which is building payroll services on Solana, raised $28 million in token sales.
  • Lucky, an Egyptian digital rewards, cashback, and credit app, raised a $25 million Series A.
  • Simetrik, a Colombian payments infrastructure builder, raised a $20 million Series A.
  • Saphyre, an AI-enabled account opening service for multiparty brokerage accounts, raised $18.7 million from backers including JPMorgan and BNP Paribas.
  • Wealth, a retirement investing platform, raised a $16 million seed round.
  • Helcim, a Canadian builder of payments services for small businesses, raised a C$16 million Series A.
  • Finally, a bookkeeping, payroll, and small business lending firm, raised an $11 million Series A and $85 million credit facility.
  • Handle, a platform for construction payment cycle management and credit, raised a $10 million Series A.
  • Ribbon Finance, a defi structured products and derivatives startup, raised an $8.75 million Series A+.
  • Block Earner, an Australian mainstream defi wrapper, raised $6.4 million in seed funding.
  • TaxDown, a Spanish tax savings startup, raised €5.5 million.
  • Captain, a fintech platform that helps homeowners rebuild after natural disasters, raised $4 million in seed funding and a $100 million credit facility.
  • Kale, a credit card for influencers, raised $3.75 million in seed funding.
  • Prime Protocol, a decentralized prime brokerage, raised $2.75 million.
  • Tintra, a financial and regulatory infrastructure builder, raised $2 million.
  • Fnality, a blockchain-based payment consortium, raised funds from Euroclear.
  • Vexi, a Mexican credit card provider with a digital experience, raised $24 million in combined debt and equity.
  • Smartr365, a UK mortgage platform, raised an undisclosed amount of money at a £50 million valuation.
  • Toss, the South Korean financial superapp built by Viva Republica, is back on the market to raise $1 billion ahead of its IPO.

💰 Venture Funds

  • The founders of Finleap raised a €100 million venture fund for early-stage fintech.
  • Egypt’s three biggest state-owned banks are setting up an $85 million fund to invest in early-stage fintech companies.

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