FinTech funding surpasses $1.5bn on monster week for deals

Global FinTech investment surged past $1.5bn this week, as a swathe of lucrative $100m+ deals were finalised.

The trio of tranches generated more than $1.3bn combined, with UK-based wealth-management platform FNZ leading the way with a $650m equity raise.

They were impressively followed into the nine-figure deal club by US tax and compliance software provider Avalara, who secured $500m from from BlackRock, and consumer payments firm Zilch, who bagged a cool $176.7m to fuel its global expansion.

Other notable rounds included Tenzai and Sweet Security, each securing $75m to advance cybersecurity and AI-driven cloud protection, and Addi, the Colombian commerce and financial platform, which secured $71m in credit to fuel growth across Latin America.

Lighthouse Canton in Singapore raised $40m, while Kapitale, Sunday, and DealMaker in the US collectively added nearly $70m in infrastructure and payments financing.

Subsector winners

Infrastructure and Enterprise Software led the pack with five deals — FNZ, Avalara, Lighthouse Canton, DealMaker, and Self — collectively raising more than $1.2bn.

PayTech saw four rounds totaling nearly $300m, highlighted by Zilch, Addi, Kapitale, and Sunday. InsurTech also had four financings, spanning Anzen, Fintary, Laka, and District Cover.

RegTech captured three rounds, including Greenshoe, Vigilant AI.ai, and Self. CyberTech closed two rounds with Tenzai and Sweet Security, each securing $75m to advance AI-driven security offerings.

Geographical landscape

The United States dominated with 10 deals across nearly every subsector, including Avalara, Kapitale, Sunday, DealMaker, Anzen, Fintary, District Cover, Greenshoe, and Self.

The UK contributed four deals — FNZ, Zilch, Laka, and Vigilant AI.ai — while Israel saw two rounds with Tenzai and Sweet Security. Colombia’s Addi, Singapore’s Lighthouse Canton, and the Philippines’ OneLot rounded out the global map.

Here are this week’s FinTech funding rounds: 

FNZ secures $650m equity boost to accelerate its growth strategy

FNZ, the global wealth-management platform, has secured $650m in new equity funding from its institutional shareholders.

FNZ specialises in operating a global end-to-end wealth-management platform, serving financial institutions and wealth managers by providing technology, operations and infrastructure that enable scalable investment and advice solutions.

The newly raised funds will enable FNZ to invest further in its technology, people and products; support its credit ratings; and deliver for its clients as it expands into new mandates and renews partnerships with blue-chip institutions across North America, Europe, Asia-Pacific and Africa.

Avalara secures $500m BlackRock investment

Avalara, a leader in agentic tax and compliance automation, has secured a $500m equity investment led by BlackRock’s Private Financing Solutions.

Vista Equity Partners, Avalara’s majority shareholder, will maintain its stake. Proceeds from the sale will be used to buy shares from existing investors.

For over 20 years, Avalara has built one of the largest tax content libraries in the industry, serving 43,000+ businesses and government entities in more than 75 countries. Its solutions automate everything from tax calculations and filings to certificate management.

The firm’s Agentic Tax and Compliance™ platform integrates AI agents that perform compliance tasks while keeping humans in control through embedded review checkpoints. The platform runs on a resilient multi-cloud system powered by enterprise LLMs, MCP servers, and intelligent AI agents.

Zilch lands $176.7m to accelerate global growth

Zilch, the consumer payments platform powering the future of commerce, has raised over $176.7m in debt and equity to accelerate its global growth ambitions.

The round was led by KKCG with participation from BNF Capital and several strategic investors, alongside an expansion of its securitisation facility driven by Deutsche Bank.

The fresh funding comes as Zilch seeks to capitalise on the momentum created by two major product launches. The business said the raise supports its push to scale brand visibility through increased ATL marketing, advance product development, enhance its payments platform and explore strategic M&A opportunities.

Founded in 2020, Zilch aims to eliminate high-cost credit by offering a consumer payments platform designed to work in customers’ favour. Its model rewards users for the retail value they create, helping drive customer stickiness and enabling merchants to acquire customers more efficiently. Zilch has grown rapidly, now serving more than 5.3m users who collectively complete almost 60 transactions per year on average. The company has processed over £5bn of commerce and supports payments across major retailers including Amazon, eBay, Tesco and Sports Direct.

Cybersecurity firm Tenzai bags $75m in record seed round

Tenzai has emerged from stealth with a $75m seed round — one of the largest ever recorded in the cybersecurity sector.

The record-breaking round was co-led by Greylock Partners, Battery Ventures, and Lux Capital, with participation from Swish Ventures and several angel investors. The fresh capital reflects strong investor confidence in Tenzai’s approach to securing AI-generated code in a rapidly evolving digital landscape.

Founded by cybersecurity veterans Pavel Gurvich, Ariel Zeitlin, Ofri Ziv, Itamar Tal, and Aner Mazur, Tenzai specialises in autonomous penetration testing powered by AI.

Cloud and AI protector Sweet Security bags $75m Series B

Sweet Security has raised $75m in a Series B funding round led by Evolution Equity Partners, with additional backing from Munich Re Ventures, Glilot Capital Partners, and Key1 Capital.

The latest investment brings the company’s total funding to $120m.

The fresh capital will support Sweet Security’s rapid global expansion and continued product innovation as demand rises among enterprises seeking real-time protection for cloud and AI environments. The company also unveiled new AI security capabilities designed to protect models, agents, and the entire AI lifecycle, reinforcing its position in the growing runtime CNAPP and AI security sectors.

Founded to address the evolving challenges of cloud security, Sweet Security’s platform offers unified runtime protection that helps organisations detect, prevent, and respond to complex attacks in real time.

Addi secures $71m credit upsize to boost growth

Addi, the leading commerce and financial platform in Colombia, has secured a $71m credit upsize from global financial institutions Goldman Sachs, Fasanara Capital, and BBVA Spark.

The latest round includes a $57m upsize from Goldman Sachs and Fasanara, alongside a $14m upsize from BBVA Spark. The renewed commitment from these top-tier financial backers underscores growing global confidence in Addi’s platform, profitability, and trajectory.

Founded in 2018, Addi has consistently ranked among Latin America’s fastest-growing consumer finance platforms. The company recently surpassed $150m in annualised revenue and achieved its fourth consecutive profitable quarter, maintaining 100% year-over-year growth over the past five years.

Addi operates a dual-sided ecosystem, connecting consumers and merchants through a proprietary underwriting engine that drives engagement and measurable merchant ROI. Its network currently supports more than 2.5 million users and 27,000 merchants across Colombia.

Lighthouse Canton secures $40m to boost global growth

Lighthouse Canton, headquartered in Singapore and managing over $5bn in assets, has secured a $40m strategic funding round led by Peak XV Partners.

The round also saw participation from Nextinfinity, the investment holding company of Shyam Maheshwari, Founding Partner of SSG Capital (later Ares SSG). Qatar Insurance Company (QIC), an early backer of Lighthouse Canton, reaffirmed its support in this latest round.

The capital raise represents Lighthouse Canton’s first external funding round and will fuel the company’s next stage of expansion. The funds will be used to strengthen its technology infrastructure, hire senior-level talent, broaden its product offerings, and explore growth opportunities across high-potential international markets.

Kapitale secures $25m to boost US small business lending

Kapitale has secured a $25m credit facility from a fund managed by Pier Asset Management, a private credit investment firm focused on specialty finance.

The new facility strengthens Kapitale’s balance sheet and brings its total funding capacity to more than $50m. It positions the company to meet surging demand for same-day working capital solutions at a time when traditional bank lending has become increasingly constrained.

Founded to provide quick and accessible financial solutions, Kapitale offers flexible funding ranging from $5,000 to $100,000, with same-day approvals, no collateral requirements, and multilingual support in English, Spanish, and Portuguese. The company leverages proprietary underwriting technology and disciplined risk management to deliver fair and transparent financing options for entrepreneurs nationwide.

Restaurant payments firm sunday raises $21m Series B

Restaurant payments firm sunday, which describes itself as a hospitality-focused platform built by restaurateurs, has secured fresh capital to accelerate its growth across the US market.

The company, founded in 2021 and now active across the US, UK and France, has quickly gained traction with restaurants seeking to modernise their guest experience.

The company has raised $21m in a Series B round. The investment included participation from DST Global Partners and will support its rapid expansion.

Founded by Christine de Wendel, Victor Lugger and Tigrane Seydoux – the entrepreneurs behind the European restaurant group Big Mamma – sunday began as a quick and easy way for diners to settle their bills.

It has since grown into a full hospitality platform integrating ordering, payments, loyalty and CRM, positioning itself as a technology partner for restaurants aiming to maximise efficiency and guest satisfaction.

DealMaker secures $20m to transform capital raising

DealMaker, North America’s largest retail capital-raising platform, has raised $20m in equity and debt financing led by new investor Information Venture Partners, with participation from existing backer CIBC Innovation Banking.

The funding marks a significant milestone for the company as it looks to expand its technology capabilities and solidify its position in the $2.4tn retail capital markets.

The fresh funding aims to accelerate DealMaker’s next wave of growth and product innovation. The company plans to scale its U.S. footprint. The capital raise follows a series of key milestones, including the acquisition of Rally On Media, the launch of DealMaker Sports, and the opening of its new headquarters in New York City.

Founded to modernise how companies access and engage investors, DealMaker has built a platform that simplifies the capital-raising process. The company has helped hundreds of firms across diverse industries raise more than $2.3bn in capital directly from individual investors—ranging from early-stage startups to pre- and post-IPO private offerings.

AI insurance platform Anzen bags $16m Series A

Anzen, the AI-powered platform redefining how commercial insurance is distributed, has announced a $16m Series A funding round, bringing its total capital raised to $26m.

The tranche was led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz, and other leading investors, according to Insurance Edge.

Anzen intends to use the new funding to expand its AI-powered workflows, strengthen carrier and AMS integrations, and grow its team to support its rapidly expanding agent base.

The Series A will also accelerate product development, including deeper carrier integrations, new commercial property and auto support, and the public launch of Anzen Pro—a unified workspace enabling agencies to submit, quote, bind, renew, and manage their entire book of business.

AI InsurTech Fintary secures $10m Series A funding

Fintary, an AI-powered revenue growth platform that helps insurance organisations streamline commission and financial operations, has raised $10m in a Series A funding round.

The round was led by Infinity Ventures, with participation from Sierra Ventures and other existing investors.

This latest investment brings Fintary’s total funding to $12.8m and will support the company’s mission to modernise financial operations across the insurance industry.

Founded by co-founder and CEO Qiyun Cai, Fintary is an InsurTech firm that automates complex commission processes for insurance agencies. Traditionally, insurance companies have struggled with time-consuming and error-prone manual systems to manage hierarchies, overrides, and bonuses.

Self lands $9m seed to boost proof-of-humanity tech

Self, a provider of zero-knowledge identity and proof-of-humanity infrastructure, has completed a $9m seed raise earlier this year as it steps up efforts to build a privacy-preserving identity layer for the internet.

The seed funding came from Greenfield Capital, Startup Capital Ventures x SBI Fund (SoftBank), Spearhead VC, Verda Ventures, Fireweed Ventures and a group of well-known angel investors.

These include Casey Neistat and several leaders in the Web3 sector such as Sreeram Kannan of EigenLayer, Sandeep Nailwal of Polygon, Julien Bouteloup of Curve, Jill Carlson of Espresso, and Hart Lambur of Across Protocol.

Self’s technology enables users to verify that they are real, unique individuals and to confirm specific attributes like age or residency without revealing sensitive data.

Upward raises $8m Seed+ to expand fintech infrastructure

Upward, a FinTech infrastructure platform provider empowering companies to launch and scale digital financial products with speed and simplicity, has raised $8m in a Series Seed+ round.

The investment was co-led by Dundee Venture Capital and Breakwater Ventures Fund, with participation from Techstars, Altari Ventures, Cascade Seed Fund, and Outside Ventures.

The funding will fuel Upward’s mission to make it radically faster and easier for businesses to launch and operate financial products — tackling the cost and complexity that have historically slowed innovation in financial services.

Founded to modernise how financial products are built and delivered, Upward provides an all-in-one FinTech infrastructure platform that simplifies the creation of digital banking, card, and payment solutions. The company enables businesses to roll out branded financial products without the need for multiple vendor integrations or complex regulatory frameworks.

Laka secures £6.5m from HSBC to boost European growth

Laka, the award-winning insurer for cyclists and green mobility users, has landed a 6.5m Venture Debt Facility from HSBC Innovation Banking, bringing the total Series B funding to £14.1m.

The new funding, which follows a a £7.6m Series B equity round earlier this year, will accelerate Laka’s European expansion and mergers and acquisitions strategy, consolidating its presence in a fragmented mobility insurance market.

It aims to capitalise on Europe’s rapidly growing micromobility sector, projected to expand from around $60bn in 2022 to $140bn by 2030, according to McKinsey.

The firm provides insurance solutions for e-bikes, e-scooters, and sustainable mobility, operating across nine EU markets and the UK.

District Cover secures $6m to expand InsurTech platform

District Cover, a tech-enabled insurance agency focused on improving access to insurance for urban businesses across the US, has secured $6m in new funding.

The fresh capital will support growth across product development, platform upgrades, team expansion and new city partnerships, all aimed at widening affordable cover for underserved business communities.

IA Capital served as the lead investor, with commitments also coming from Mosaic and Impact America Fund.

District Cover provides brokers with a digital platform built to simplify underwriting and application workflows. The company plans to use the new investment to deliver a series of enhancements, including expanded TIV limits, upgraded quoting tools and a new property-only product for landlords, LRO exposures and a broad range of urban operations.

OneLot raises $3.3m to empower used car dealers in the Philippines

OneLot, a FinTech company dedicated to supporting used car dealers in the Philippines, has raised $3.3m.

The funding round was co-led by Accion and 468 Capital, with new participation from Seedstars and Everywhere Ventures.

Existing investors Crestone Venture Capital and Kaya Founders also took part, alongside angel investors including Georg Steiger and Jojo Malolos.

The investment will strengthen the company’s ability to scale its financing and technology solutions for used car dealers across the Philippines.

The funding aims to address a long-standing challenge faced by small car dealerships in the Philippines. There are an estimated 25,000 family-run used car dealers nationwide who remain underserved by traditional financial institutions.

Greenshoe raises $3m to launch AI SEC reporting platform

Greenshoe, a RegTech company specialising in AI-driven automation for U.S. Securities and Exchange Commission (SEC) disclosures, has secured new backing to advance its platform for public company reporting.

The company has raised $3m in a seed round led by AIX Ventures, with participation from Hearst Level Up Ventures, Blueprint FTC, Service Provider Capital, and several strategic angels.

Greenshoe builds an AI-native system designed to modernise the way public firms prepare and manage SEC filings. The platform replaces time-consuming manual work with automated drafting, validation, and real-time compliance checks, using regulatory precedent, peer data, and live company information to produce consistent and accurate disclosures.

The new funds will be used to expand engineering capacity and support go-to-market efforts.

BITE Data secures $3m to expand AI trade compliance tools

BITE Data, a Leesburg, VA-based AI-native SaaS start-up, has raised $3m to develop AI-powered tools for global trade compliance teams.

The funding includes a $2.5m Series Seed round led by Las Olas Venture Capital (LOVC), with support from New Dominion Angels, Blue Impact Venture Capital, Techstars and Refashiond Ventures.

The investment will help the company expand its engineering and sales teams as it builds automation tools to modernise outdated compliance processes.

Founded in 2023 by Thariq Kara and Anne Riitho, both former US customs and trade enforcement experts, BITE Data focuses on automating global trade compliance workflows for importers and exporters.

Its AI-driven platform aims to enhance accuracy and accountability across cross-border operations, addressing increasing global trade complexity amid rising tariffs and sanctions.

AI compliance firm Adclear secures €2.4m seed round

Adclear, the AI-driven FinProm compliance platform relied upon by leading UK finance brands, has closed an oversubscribed £2.1m Seed round ($2.75m).

The round was led by Outward VC, with participation from AFG Partners and Tenity, alongside several notable angel investors including Clearscore founder Dan Cobley, Coinbase MD Keith Grose via the a16z scout fund, and angel community Ventures Together. Haatch and Force Over Mass Capital also returned following their participation at pre-seed.

Founded in 2024, Adclear launched to help financial institutions cope with the soaring volume of digital marketing content now produced in the era of AI-driven creativity. The latest funding will enable the company to expand its team, scale internationally and enhance its product suite to meet fast-growing industry demand.

Auditocity secures $2m in seed funding to automate HR compliance

Auditocity, a woman-owned, minority-owned HR technology company founded by Dr Gia Wiggins, has raised $2m in seed funding to accelerate growth and expand access to smarter, faster and more proactive HR compliance audits.

Founded after nearly three decades of HR leadership experience, Auditocity was created to replace manual, spreadsheet-based auditing with an intelligent, centralised system. The platform combines HR expertise with SaaS scalability and AI tools to deliver real-time insights, risk detection and compliance clarity.

The funding will enable Auditocity to scale its platform, introduce enterprise and consulting editions, and roll out new features such as full 50-state compliance coverage, multi-client management, AI-powered analytics, issue complexity scoring and the educational hub, Auditocity University.

FALKIN raises $2m to boost AI-powered scam defence

London-based FinTech FALKIN, which helps banks prevent scams before payments occur, has raised $2m in pre-seed funding to strengthen its AI-powered digital safety tools.

The round was led by TriplePoint Ventures, with participation from Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, and Founders Capital. Individual investors include Pierre Decote, group chief risk officer at Revolut, and Ben Enckevort, CTO and co-founder of Metomic.

FALKIN uses AI to detect manipulation and deception across messages, payment requests, and online listings. Its safety layer is embedded directly into digital banking platforms, ensuring customers are protected within the apps they already trust.

AI ESG platform GreenFi secures $2m seed funding

GreenFi, a Singapore-based ESG risk and compliance technology provider founded in 2023, has secured fresh backing as demand grows for automated sustainability reporting tools across global financial markets.

The company has raised $2m in a seed round led by Transition VC, alongside participation from senior banking executives from Singapore and the Middle East. The investment marks a significant step for the early-stage business as it builds momentum in the rapidly expanding RegTech and ESG technology sectors, claims ESG Today.

GreenFi specialises in AI-powered solutions designed to help financial institutions and corporates manage sustainability compliance obligations. Its platform uses in-house AI agents and a proprietary sustainability intelligence engine to analyse ESG performance across portfolios, supply chains and internal operations. This enables banks and enterprises to automate complex due diligence processes, meet tightening reporting requirements and track sustainability performance in real time.

RegTech firm Vigilant AI.ai bags £585k pre-seed from Haatch

Vigilant AI.ai, a Derby-based RegTech firm developing “AI teammates” for regulated enterprises, has raised £585k in pre-seed funding to advance its compliance-driven automation platform.

The investment round was led by Haatch and included participation from three Haatch-managed sources: Haatch itself, the East Midlands Combined County Authority, and the British Business Bank, claims Tech EU.

The company’s platform embeds generative AI directly into the workflows of regulated organisations, allowing them to deploy “AI teammates” that operate within real-time compliance guardrails. Each AI-powered interaction generates an immutable audit trail, ensuring all actions align with internal policies and regulatory standards. Designed for ease of integration, Vigilant AI.ai connects seamlessly with workplace tools such as Slack, empowering domain experts—not just IT teams—to build and govern their own AI teammates.

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