This week, the funding landscape witnessed a significant milestone with $626.95m raised across 27 deals, headlined by a landmark $300m funding round from RegTech giant Cyera.
This round propelled Cyera’s valuation to a staggering $3bn, making it the standout story from the week.
Beyond Cyera’s groundbreaking deal, the week featured several notable funding events across diverse sectors.
FinTech maintained its dominance, securing 8 deals and raising substantial funds. Noteworthy among these were Wyden ($16.9m) and Addi ($100m).
RegTech, driven by Cyera’s massive raise, topped the sector rankings with 10 deals. Other significant raises included Twine ($12m) and Trustero ($10.35m). The WealthTech sector also made waves, particularly with OneChronos ($32m) and Minu ($30m).
InsurTech and PayTech displayed steady activity, each securing 3 deals, including Zopper ($25m) and Solvento ($12.5m), respectively.
The USA retained its funding crown, landing 12 deals and accounting for the bulk of the week’s activity. High-profile raises such as Cyera, OneChronos ($32m), and Solvento underscored the country’s continued dominance.
The UK followed with 3 deals, including Goodstork ($22m) and Konsileo ($8m). Switzerland also held its ground with 2 deals, including Calvin Risk ($4m) and Wyden.
Other notable contributions came from Colombia (Addi, $100m) and India (Zopper, $25m, and Pelocal, $2m), reflecting strong regional funding dynamics.
Here are this week’s FinTech funding rounds:
Data security leader Cyera secures $300m Series D, hitting $3bn valuation
Cyera, a leader in AI-driven data security, has raised $300m in its Series D funding round, achieving a valuation of $3bn.
The round was led by Accel and Sapphire Ventures, with additional investments from Sequoia, Redpoint, Coatue, and Georgian. This marks a significant milestone for the company, doubling its valuation in just six months.
Founded in 2021, Cyera provides an advanced platform powered by AI and machine learning, enabling organisations to secure their data across various environments. The platform offers real-time data discovery, classification, and protection across cloud, SaaS, and on-premises systems, addressing the pressing challenges posed by the rapid rise of AI adoption.
Colombian FinTech Addi secures $100m credit facility from Victory Park Capital
Colombian FinTech company Addi, a leader in payment solutions for consumers and merchants, has secured a $100m credit facility from Victory Park Capital (VPC), a global alternative investment firm specialising in private credit.
The new credit line aims to bolster Addi’s ability to finance credit originations in Colombia, supporting its Buy Now Pay Later (BNPL) services for consumers and merchants.
Addi, founded in 2018, operates as a comprehensive platform for integrated payments, shopping, and banking. The company has garnered close to two million customers and over 18,000 merchant partners by addressing the historically underserved payment and credit needs in Colombia. Addi also achieved regulatory approval to become a bank and launched its Marketplace platform, which has onboarded over 500 merchants in less than six months.
Bolttech secures $50m venture debt facility from HSBC to fuel InsurTech growth
bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC.
The financing will support bolttech’s strategic growth, allowing the company to expand its market presence, enhance its technology and product capabilities, and increase its operational flexibility, according to InsurTech Insights.
The $50m facility comes from HSBC, which has provided the funding as a tailored venture debt solution designed to meet the needs of high-growth companies. Jonathan Yip, Managing Director of Innovation Banking at HSBC, stated, “We are pleased to offer our venture debt solution to bolttech as they accelerate their growth journey. The bespoke facility structure provides the flexibility necessary for innovative companies to capitalise on trends and opportunities.”
OneChronos advances capital market trading with $32m investment led by Addition
OneChronos, the technology firm known for optimizing financial markets, today announced it has raised $32m in expansion capital.
This significant investment, led by Addition, aims to solidify OneChronos’ position in core business segments while enabling growth into new markets.
The company operates Smart Markets that enhance institutional trade quality through advanced matching technology. Its pioneering market, OneChronos ATS, is the fastest-growing off-exchange U.S. equities trading venue and has seen remarkable success, handling an average of more than $4.5 billion in daily trading volume for November.
QPLIX secures €25m investment from Partech for global expansion in WealthTech
QPLIX, a WealthTech company specialising in wealth management software for family offices and private banks, has received a significant investment from tech-focused firm Partech via its Growth Fund.
The funding, which exceeds €25m, will support QPLIX’s expansion objectives, particularly its plans to enter key markets across France, Switzerland, the UK, the Middle East, and the APAC region. Partech joins Deutsche Bank as an investor, with both holding minority stakes in the firm.
Founded in 2012 and headquartered in Munich, Germany, QPLIX provides digital solutions for managing complex investment portfolios. Its platform consolidates both liquid and illiquid assets, offering real-time analytics and comprehensive reporting tools to single- and multi-family offices, asset managers, private banks, and institutional investors.
Zopper secures $25m to expand its insurance distribution platform
Zopper, an InsurTech startup specialising in creating tailored insurance solutions, has raised $25m in a Series D funding round.
The investment was led by Elevation Capital and Dharana Capital, with additional participation from existing backer Blume Ventures, according to a report from Business Standard.
The funds will be used to bolster Zopper’s digital technology infrastructure, enhancing its insurance distribution platform.
FinTech innovator Goodstack bags £22m funding led by General Catalyst
Goodstack, a global SaaS and FinTech platform specialising in embedding purpose into business operations, has successfully closed a £22m Series A funding round.
The round was led by General Catalyst, with additional backing from existing investors Morpheus Ventures and Repeat. The funding highlights Goodstack’s rapid growth trajectory and its commitment to revolutionising charitable giving on a global scale through AI-powered technology.
Based in London, Goodstack provides a unified platform that enables businesses, their employees, and customers to engage in corporate grants, in-kind donations, and philanthropic activities. Nonprofits also benefit from its services, gaining access to advanced verification processes and funding streams. In 2024, the platform is projected to facilitate over $3bn in donations across 215 countries and territories, benefiting organisations like the Red Cross, Cancer Research, and Oxfam.
Wyden secures $16.9m in Series B funding to advance digital asset trading infrastructure
Wyden, an institutional infrastructure firm for digital asset trading lifecycle, has closed its latest funding round, securing $16.9m.
Spearheaded by Truffle Capital, a Paris-based global FinTech investment firm, this Series B round also saw contributions from new investors including PostFinance, SBI-Sygnum-Azimut Digital Asset Opportunity Fund, and FiveT Fintech, along with continued support from existing investor C3 Venture Capital.
Wyden specializes in providing comprehensive infrastructure solutions that support the entire trading lifecycle of digital assets for institutions. Its services are crucial for banks, brokers, and exchanges navigating the complexities of regulated digital asset markets.
Blackstone and FINTOP Capital lead $15m investment in FinTech startup Cardo AI
Cardo AI, a techn platform in asset-based finance and private credit, has completed a significant milestone with its $15m Series A funding round.
The round was co-led by Blackstone Innovations Investments, Blackstone’s early-stage strategic investment branch, alongside FINTOP Capital and JAM FINTOP. Additionally, Andy Horwitz and Kevin MacDonald, who co-founded Black Mountain Systems, contributed to the financing.
The firm operates within the $40 trillion asset-based finance and private credit market, which has traditionally relied on outdated systems, manual procedures, and dispersed data. As the sector evolves with increasingly sophisticated investment strategies, Cardo AI is at the forefront of modernizing these operations.
Freight FinTech Solvento secures $12.5m to expand cross-border trucking services
Freight payments platform Solvento has raised $12.5m in its Series A funding round led by venture capital firm Cometa.
The funding round also saw participation from Quona Capital, Ironspring Ventures, Dynamo Ventures, Proeza Ventures, Zenda Capital, and Endeavor Fwd Fund, according to a report from Freight Waves.
Angel investors included Adalberto Flores, founder and CEO of Kueski, and Tomas Bercovich, founder and CEO of Global 66.
Twine secures $12m to innovate cybersecurity with AI-driven digital employees
Twine, an emerging cybersecurity firm from Tel Aviv, has made headlines by securing $12m in seed funding.
According to Security Week, the startup, which is still in its nascent stages, aims to address the significant cybersecurity skills gap with innovative technology.
The $12m seed round was co-led by Ten Eleven Ventures and Dell Technologies Capital. Notable angel investors, including the founders of Wiz, also contributed to the funding, showcasing a strong vote of confidence in Twine’s potential.
Litigation FinTech Sandfield Capital secures £10.5m facility with Altimapa Capital
Sandfield Capital, a litigation FinTech specialising in disbursement funding for legal cases, has secured a £10.5m funding facility through Altimapa Capital, a debt finance specialist.
The new funding marks the second facility arranged by Altimapa Capital for Sandfield Capital, following a £20m fundraising round completed in December. This facility forms part of a broader £100m fundraising effort being led by Altimapa on behalf of Sandfield Capital.
Trustero secures $10.35m Series A to advance AI-powered GRC solutions
Trustero, a Silicon Valley-based innovator specialising in AI-driven governance, risk, and compliance (GRC) solutions, has announced the completion of a $10.35m Series A funding round.
The round was led by Bright Pixel Capital, formerly known as Sonae IM, with participation from Engineering Capital, Zetta Ventures Partners, and Vertex Ventures US.
Founded in 2020, Trustero leverages advanced artificial intelligence to automate and optimise GRC functions such as compliance audits, security questionnaires, and third-party risk evaluations. The company’s technology focuses on reducing costs, streamlining processes, and improving accuracy, helping organisations navigate complex compliance demands.
Tax automation platform Kintsugi secures $10m Series A extension led by Airwallex
San Francisco-based Kintsugi AI, a tax automation platform, has announced the extension of its Series A funding round, securing an additional $10m.
The investment was led by Airwallex, with participation from existing investors GSR Ventures, WestWave Capital, Link Ventures, Venture Highway, KyberKnight, Plug and Play, and DeVC.
The funding has doubled Kintsugi’s valuation within four months and will primarily be used to strengthen its engineering team through new hires.
Konsileo raises £8m to drive UK expansion in commercial broking
Chartered commercial broker Konsileo, which specialises in providing insurance services to mid-market businesses, has successfully raised £8m to support its expansion across the UK.
The funding round, a combination of debt and equity financing, was led by long-term shareholders Committed Capital, with participation from ACF Investors Growth Lending. The investment highlights growing confidence in Konsileo’s innovative approach to insurance broking.
Konsileo focuses on serving small, medium, and mid-corporate businesses, including sectors such as construction, logistics, farming, and recycling. Its proprietary technology platform facilitates self-managed operations, enabling brokers to collaborate without additional corporate hierarchy.
VISO TRUST raises $7m to enhance AI-powered third-party risk management
VISO TRUST, a leader in AI-powered third-party risk management, has announced the successful closure of a $7m funding round.
The company, known for its innovative platform that streamlines vendor risk assessments, has now raised a total of $24m.
The funding round saw participation from existing investors Bain Capital Ventures, Work-Bench, Sierra Ventures, and Lytical Ventures, along with new investors Allstate Strategic Ventures, Cisco Investments, EnvisionX Capital, and Scale Asia Ventures.
Bond trading platform OpenYield secures $7m in funding
OpenYield, a cutting-edge bond marketplace, has announced the successful closure of a new funding round aimed at revolutionising the fixed income market. The company operates the OpenYield ATS, a marketplace registered with FINRA and the SEC.
The funding round raised $7m, with participation led by Canapi Ventures. Other investors included Clocktower Ventures and Flow Traders, supplementing earlier backing from Fin Capital and TD Bank.
OpenYield provides a platform designed to bring an equity-like trading experience to the bond market, offering instant liquidity for corporate bonds, munis, and Treasurys. Since its launch in March 2024, the marketplace has attracted over 20 institutional subscribers, including prominent names like FMSBonds, Belle Haven Investments, and Maritime Capital. The platform showcases offers for tens of thousands of bonds, with more being added regularly.
Anitian raises $7m Series D funding to drive AI-powered compliance innovation
Anitian, a leading provider of compliance automation solutions, has closed a $7m Series D funding round, strengthening its position in the RegTech sector.
The funding round was led by Sageview Capital, with continued support from Forgepoint Capital. This latest investment brings Anitian’s total funding to over $50m and supports the company’s push to expand its cutting-edge AI-powered solutions for compliance.
The company specialises in developing compliance automation tools designed to simplify and accelerate the processes for achieving federal compliance standards, including FedRAMP and CMMC. Anitian’s innovative Platform-as-a-Service (PaaS) solution is tailored for Cloud Service Providers (CSPs) and organisations within the Defense Industrial Base (DIB), offering faster and more cost-effective compliance pathways.
Digital identity leader Hopae secures $6.5m to expand global presence
Hopae, a leading provider of advanced digital identity solutions, has announced securing $6.5m in funding to expand its operations and bring its proprietary Digital Credential eXpress (DCX) architecture to the U.S.
The funding includes a $4.3m seed round led by SV Investment, with participation from Z Venture Capital and Bon Angels Venture Partners, alongside $2.2m in debt financing from Korea Credit Guarantee Fund (KODIT).
These funds will support Hopae’s global expansion, including establishing a U.S. headquarters in San Francisco and building strategic partnerships in Europe.
SurePath AI raises $5.2m to enhance GenAI governance for businesses
SurePath AI, a pioneering company in the governance of GenAI for enterprises, has announced a substantial $5.2m in seed funding.
The round was led by Uncork Capital with notable participation from Operator Collective. This funding boosts SurePath AI’s total investments to $6.3m.
The company is dedicated to enabling secure adoption of generative AI technologies by enhancing usage detection, mitigating risks, and controlling access to enterprise data. These efforts aim to empower organizations to bolster innovation and productivity without compromising security.
AI risk management pioneer Calvin Risk secures $4m in seed funding
Calvin Risk, an ETH Zurich spin-off specialising in AI risk management and governance, has raised $4m in a seed funding round led by Join Capital and seed + speed Ventures.
The investment brings the Swiss startup’s total funding to over $5m since its inception in 2022.
Risk intelligence provider RIIG raises $3m to bolster cybersecurity solutions
RIIG, a provider of risk intelligence and cybersecurity solutions, has successfully raised $3m in a seed funding round.
The funding round was led by the Felton Group, the family office of Charlottesville-based hedge fund manager Jaffray Woodriff. This investment will enable RIIG to accelerate the development of its AI-powered solutions, expand its client support capabilities, and grow its sales and marketing teams.
RIIG specialises in delivering advanced intelligence and cybersecurity solutions tailored for Zero Trust environments.
Indian FinTech PeLocal secures $2m seed funding led by Unicorn India Ventures
PeLocal, an Indian payment solutions provider that integrates its platform within WhatsApp, has successfully raised $2m in seed funding.
The funding round was led by Unicorn India Ventures, according to a report from IBS Intelligence.
This investment will enable PeLocal to expand its platform capabilities and accelerate its go-to-market strategies. The funds will also support the rollout of large-scale projects as the company scales its operations further.
Wiz secures strategic funding from SoftBank Vision Fund 2 to boost cloud security in APAC
Cloud security company Wiz, recognised as a leader in cloud-native application protection, has announced a strategic investment from SoftBank Vision Fund 2. The funding aims to support Wiz’s expansion efforts in the Asia-Pacific and Japan (APJ) region.
The amount of funding was not disclosed, but SoftBank Vision Fund 2, known for its backing of innovative tech companies, led the investment. The partnership marks a significant step in Wiz’s global expansion strategy.
Wiz specialises in Cloud Native Application Protection Platforms (CNAPP), providing comprehensive security solutions for cloud and AI environments. The company has rapidly gained traction among major enterprises, including 45% of the Fortune 100, by offering advanced security from build to runtime.
CoreNest Capital fuels Texture Capital’s SoloTex platform with strategic investment
CoreNest Capital, a venture capital firm specialising in financial innovations, has announced a strategic investment in Texture Capital Holdings.
Texture Capital, a FINRA member and SEC-registered broker-dealer, is at the forefront of digital securities and tokenization.
The investment aims to fuel the development of a new trading platform, SoloTex, designed to enhance the trading of tokenized real-world assets.
This collaboration also incorporates technology and insights from Sologenic and Coreum, CoreNest’s partners, which specialise in blockchain-based applications and tokenization processes.
