This Week in Fintech (7/2)

This Week in Fintech (7/2)

Hello Fintech Friends,

We miss you all and we want to see you in-person ❤️

Join us at our upcoming  SF Summer Social on July 21st and our NYC Fintech Picnic on July 23rd!

We’re also excited to welcome Alex Gillette to This Week in Fintech’s team! Alex currently leads BD at banking-as-a-service platform Rize, and is joining us to build out our partnership ecosystem. He has spent the better part of a decade in fintech at DriveWealth, Orchard, Kabbage and Even.

Feel free to drop him a line to learn more about we're strengthening the ecosystem for brands, VCs and builders, or even if you'd just like to get some inside baseball on all things fintech! alex@thisweekinfintech.com

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) and see our primer on how we make introductions to friendly VCs and debt providers.

Are you a fintech angel investor? Come join our syndicate.


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.

If you’re looking for your next adventure at one of the best fintech companies, check out the open roles here and sign up to be matched with Fintech companies here!


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💸 Venture Financing
  1. Personio, a German HR company that offers payroll and employee pay services within its suite, extended its Series E by $200 million to $470 million total at an $8.5 billion valuation.
  2. Shubham, an Indian mortgage lender, raised $112 million.
  3. Cleo, a UK-based financial management app, raised a €76 million Series C.
  4. Polysign, a builder of digital asset infrastructure for institutional investors, raised a $53 million Series C.
  5. Kaiko, a digital currency data provider, raised a $53 million Series B.
  6. Zilch, a UK buy-now-pay-later provider, added $50 million to its Series C, bringing it to $160 million.
  7. Progcap, an Indian small business lender, raised $40 million of additional Series C financing.
  8. GetVantage, an Indian revenue-based financing platform for digital businesses, raised $36 million.
  9. Flowdesk, a French digital asset manager, raised $30 million.
  10. April, an embedded personal income tax platform, raised a $30 million Series A.
  11. Tenet, an electric vehicle-specific financing platform, raised an $18 million seed round.
  12. Dynamic, an infrastructure builder for decentralized digital wallets, raised a $7.5 million round.
  13. Stake, a provider of cash-back and banking services to renters, raised a $12 million Series A.
  14. MoHash, an Indian decentralized finance protocol, raised $6 million in seed funding.
  15. System 9, a digital currency market-maker, raised a $5.7 million round.
  16. Ophelos, an AI-based debt collection platform, raised a £5 million seed round.
  17. Vibrant, a Danish startup building a sofPOS on Android phones, raised €4 million.
  18. Vergo, building a bank for designers, raised a $4 million seed round.
  19. Fung, a crypto payments infrastructure provider, raised a $2.7 million pre-seed.
  20. Sava, a spend management platform for African businesses, raised $2 million.
  21. Currensea, a money-saving travel card, raised £1.35 million via crowdfunding.
  22. Churpy, a platform for enterprises in Africa to reconcile payment methods, raised a $1 million pre-seed.
  23. Beanstalk, a family app to invest on behalf of kids, raised £650,000 via crowdfunding.
  24. Edge Tradeworks, a platform for trading whole loans, raised funding from FTX Ventures.
  25. Singletrack, a capital markets client engagement tool, raised growth funding.
  26. Claira, a document intelligence tool for financial contracts, raised strategic funding from Citi.
  27. Abacus, an IT managed services provider for financial services, raised a private equity round.
  28. CAIS, an alternative investing platform, raised private equity funding.
  29. Klarna, the Swedish buy-now-pay-later giant, is reportedly raising funds at a $6.5 billion valuation, down from highs of $46 billion.
  30. Mosaic, a California-based residential solar lending fintech, is reportedly raising a $200 million Series D at a $1 billion valuation.
💰 Venture Funds
  • MassMutual launched a $400 million venture fund to invest in fintech companies based in the US and Israel.
  • Wise co-founder Taavet Hinrikus launched a €250m fund to invest €1 to €10 million in early-stage founders.
  • Conversion Capital raised $122 million for its third fintech-focused fund.

Sponsored Content

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Pssst - if you like early-stage fintech investing, come join our angel syndicate.