FinTech funding had a red-letter week as Binance, the world’s largest digital asset exchange, secured a historic $2bn investment from Abu Dhabi-based AI and advanced technology investor MGX.
The deal saw total funding skyrocket to $3.22bn across the past seven days, as 30 total deals were completed.
It is the first institutional investment in Binance, the largest single investment ever made into a digital asset company, and the biggest transaction settled in digital asset.
Across the sectoral front, Infrastructure & Enterprise Software and WealthTech leading with 6 deals each. Infrastructure funding stood out, landing $425.5M, headlined by Alkami ($300M, USA) and Flowdesk ($102M, France).
CyberTech followed with 5 deals, securing $234M, led by Cybereason ($120M, UK) and Blackwall ($45M, UK). WealthTech also performed strongly, raising $439M, thanks to Zolve ($251M, USA) and Plata ($160M, Mexico).
PayTech saw 4 deals, including Curve ($37M, UK) and Klaim ($26M, UAE), while RegTech secured 3 deals and $133M, driven by Pentera ($60M, USA). Marketplace Lending (3 deals) and InsurTech (3 deals) had more modest funding rounds.
As always, the USA maintained its position at the helm of the FinTech funding landscape, securing the lion’s share of deals and investment, with 14 deals this week. The UK, ever the bridesmaid, claimed a solid 4 deals, consistently holding its position as a key player in the space.
Other nations such as France, Mexico, Israel, UAE, Canada, and Malaysia contributed single deals, while the Cayman Islands made a splash with Binance’s record-breaking $2B investment.
Here are this week’s FinTech funding rounds:
Binance gains $2bn boost from MGX in record-breaking investment
Binance, the world’s largest digital asset exchange, has secured a historic $2bn investment from Abu Dhabi-based AI and advanced technology investor MGX.
This deal represents the first institutional investment in Binance, the largest single investment ever made into a digital asset company, and the biggest transaction settled in digital asset (stablecoin).
The investment grants MGX a minority stake in Binance, marking its first foray into the digital asset and blockchain sectors. MGX aims to support blockchain’s transformative impact by partnering with Binance, a leader in the digital asset industry. The firm sees this as an opportunity to foster innovation at the intersection of AI, blockchain, and finance.
Binance has a strong presence in the UAE, a country known for its progressive approach to digital asset regulation. Around 1,000 of Binance’s 5,000 global employees are based in the UAE, reinforcing its commitment to the region.
Alkami secures $300m convertible senior notes offering
Alkami, a provider of cloud-based digital banking solutions for financial institutions, has announced the pricing of a $300m convertible senior notes offering.
The company has also granted initial purchasers an option to buy up to an additional $45m in notes within 13 days of issuance.
The notes, maturing on 15 March 2030, will bear an interest rate of 1.50% per annum, payable semi-annually in arrears starting on 15 September 2025. Before 15 November 2029, conversions can only occur under specific conditions, while after this date, noteholders can convert at any time before maturity.
The initial conversion rate has been set at 30.4681 shares per $1,000 principal amount, equating to a conversion price of approximately $32.82 per share—representing a 37.5% premium over Alkami’s last reported trading price of $23.87 per share on 10 March 2025.
Cybereason secures $120m to expand cutting-edge cybersecurity solutions
Cybereason, a leader in the cybersecurity industry, has successfully raised $120m in a new funding round.
This investment was spearheaded by SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital, highlighting strong market confidence in the company’s capabilities.
The funds will bolster Cybereason’s renowned endpoint detection and response (EDR) solutions and its consulting services. This strategic financial injection aims to propel the company’s global expansion and enhance its technology to meet the evolving demands of cybersecurity threats faced by enterprises around the world.
Cybereason plans to utilize the newly acquired funds to deepen its product capabilities in EDR solutions and to enhance its strategic partnerships, notably with Trustwave, a leader in managed security services. This move is part of a broader strategy to focus intensely on its core areas of expertise in the cybersecurity domain.
Flowdesk secures $102m to bolster digital asset trading technology
Flowdesk, a full-service digital asset trading and technology firm, has successfully closed a significant financing round.
This round amassed $102m, comprising equity injections from HV Capital and debt financing from funds managed by BlackRock. Since its inception in 2020, Flowdesk has positioned itself as a formidable liquidity provider in the cryptocurrency sector.
The firm raised a substantial $102m through contributions from existing shareholders, HV Capital, and financing from BlackRock-managed funds. This capital injection underscores Flowdesk’s strong position in the market and supports its strategic financial backing.
Flowdesk is dedicated to pioneering trading technology and liquidity solutions, particularly through its Market-Making as a Service model. This approach serves both spot and derivatives markets across more than 140 centralized and decentralized exchanges, facilitating a digitally native economy’s demands.
Nirvana raises $80m to expand AI-driven trucking insurance platform
Nirvana Insurance, an AI-driven commercial trucking insurer, has secured an $80m Series C funding round, bringing its valuation close to $850m.
The investment follows a period of rapid growth for the company, which has surpassed $100m in premiums, more than doubling year over year.
The round was led by General Catalyst, with continued backing from existing investors Lightspeed Venture Partners and Valor Equity Partners.
The fresh capital will support Nirvana’s expansion efforts and further technological innovation within its AI-powered insurance platform.
Nirvana provides AI-enhanced commercial insurance tailored for fleet operators, integrating real-time data from telematics devices to improve risk assessment, underwriting, and claims processing. By analysing over 20 billion miles of real-world driving data, Nirvana’s proprietary AI models enable more precise pricing, enhance fleet safety, and optimise claims resolution.
Pentera bags $60m in Series D to transform automated security validation
Pentera, the industry leader in automated security validation, has successfully secured a $60m Series D funding round.
The round was led by Evolution Equity Partners, with significant participation from Farallon Capital Management. This recent financial injection brings Pentera’s total funding to a substantial $250m.
Pentera is at the forefront of addressing the evolving challenges in cybersecurity, particularly in automated security validation. The company’s platform is designed to emulate real-world adversarial attacks, enabling organizations to continuously validate and strengthen their defenses against the most current and sophisticated threats.
The newly acquired funds are earmarked for several ambitious initiatives. Pentera plans to accelerate its research and development efforts, further integrate cutting-edge AI into its platform, and expand its market presence in the U.S. These steps are aimed at reinforcing Pentera’s position as the global standard in security validation.
Additional details about Pentera’s operations highlight its effectiveness and industry trust. The company boasts a client roster of over 1,100 leading enterprises globally, including well-known names such as Casey’s, Wyndham Hotels & Resorts, and Virgin Atlantic. These firms rely on Pentera for rigorous testing of their security infrastructures against real-world cyber threats.
Neobank Zolve secures $51m equity and $200m debt to expand in the US and Canada
Zolve, a neobank specialising in financial services for global citizens relocating to the US, has secured $51m in equity funding and an additional $200m in debt as it seeks to scale its operations and enter new markets.
The Series B funding round was led by Creaegis, with participation from HSBC, SBI, GMO, and DG Daiwa, according to a report from TechCrunch.
Existing investors, including Accel, Lightspeed Venture Partners, Sparta Group, and DST Global, also contributed.
The $200m debt financing will allow Zolve to underwrite expat credit risks by purchasing loan books from its partner banks.
Founded in 2021, Zolve provides seamless financial access to skilled professionals moving to the US, helping them obtain credit cards and bank accounts without a local credit history. By leveraging credit data from their home countries, the company enables users to access financial services immediately upon arrival.
Regulatory AI firm Norm Ai raises $48m to enhance compliance automation
Norm Ai, a leading company in regulatory AI solutions, has raised $48m in a funding round backed by Coatue, Craft Ventures, Vanguard, Blackstone Innovations Investments, Bain Capital, New York Life Ventures, Citi Ventures, TIAA Ventures, and Marc Benioff.
This latest investment brings the company’s total funding to $87m over the past 18 months.
The company specialises in legal and compliance automation, helping enterprises seamlessly integrate regulatory checks into their business operations. Norm Ai’s approach, described as “compliant by design,” ensures that compliance is proactively embedded in AI-generated content, internal communications, agreements, marketing materials, and sales processes. By treating compliance as a core business function rather than a separate process, Norm Ai aims to streamline regulatory adherence across entire enterprises.
Norm solution is built with its Legal Engineering Automation Platform (Leap), a proprietary system that enables the creation of AI agents with specialised legal and regulatory expertise. Leap allows the company’s team of lawyers and ex-regulators to translate complex policies into operational AI systems powered by large language models, making compliance processes significantly more efficient.
Blackwall secures €45m in Series B to reinforce SMB cybersecurity
Blackwall has unveiled a €45m Series B financing round led by Dawn Capital, a prominent B2B investor in Europe.
The funding round saw contributions from existing investors including MMC. This investment will primarily be used to double Blackwall’s workforce and accelerate its expansion into the U.S. and Asia-Pacific regions, while also strengthening its global channel partnerships.
At its core, Blackwall is dedicated to defending web ecosystems from malicious automated threats, a pressing issue given that around 50% of all global web traffic originates from bots, with two-thirds being harmful. The company’s services are crucial for SMBs, which are targeted by 43% of all cyberattacks.
Blackwall’s flagship product, GateKeeper, is an advanced reverse proxy solution enhanced with cutting-edge bot and attack detection technologies. This system is designed to conceal servers from malicious entities, enabling Hosting Service Providers (HSPs) and Managed Service Providers (MSPs) to cut operational costs by up to 25% while maximizing the performance and security of their server farms.
Digital wallet firm Curve secures £37m to accelerate growth and launch Curve Pay
Curve, a digital wallet provider known for its innovative approach to payment management, has raised £37m in a funding round led by Hanaco Ventures.
Existing investors, including Fuel Ventures, IDC, Outward VC, and Lord Stanley Fink, also participated in the round.
The fresh capital injection is set to support Curve’s strategic growth, with a strong emphasis on achieving profitability and launching new products in 2025. Among its key developments, the company is preparing to introduce Curve Pay, a digital wallet alternative for both Android and iOS users. The investment will also bolster Curve’s market expansion, infrastructure improvements, and customer experience enhancements.
Curve offers a digital wallet solution that consolidates multiple payment cards into a single platform, allowing users to manage their spending more efficiently. The wallet integrates features such as cashback rewards, real-time spending insights, and fee-free foreign transactions. Additionally, its unique ‘Go Back in Time®’ function enables customers to move past transactions between cards, aiding in cash flow management.
360 Privacy secures $36m investment to fortify digital executive protection
360 Privacy, a digital executive protection platform, has secured a significant financial boost with a $36m growth equity investment.
FTV Capital, renowned for its keen investment focus across the enterprise technology spectrum, has chosen to support 360 Privacy’s strategic expansion efforts.
The funding will primarily facilitate the expansion of 360 Privacy’s engineering and revenue teams. Additionally, it aims to accelerate technological advancements and product innovation. This strategic infusion of capital is expected to bolster the company’s capacity to deliver top-tier customer service and enhance security measures for organizations and their executives.
360 Privacy stands at the intersection of cybersecurity and executive safety, offering a unique digital executive protection platform. This platform actively scans the internet and the dark web, identifying and removing personally identifiable information (PII) in real-time. Starting protection services faster than industry-standard tools, 360 Privacy begins daily scans at the moment of enrollment. Its clientele spans across Fortune 500 companies, high-net-worth individuals, athletes, and entertainers, with one-third of the Fortune 100 companies currently benefiting from its services.
Sola Security raises $30m to democratise cybersecurity with no-code AI tools
Sola Security, a cybersecurity firm focused on democratising security solutions, has emerged from stealth with a $30m seed funding round.
The funding was led by S Capital and veteran investor Michael Moritz, with additional backing from S32, Glilot Capital Partners, and prominent angel investors.
Founded in 2024 by cybersecurity experts Guy Flechter, former CEO and co-founder of Cider Security, and Ron Peled, former global CISO of LivePerson, Sola Security aims to revolutionise the way security teams build and manage their defences. The company’s AI-driven, no-code platform allows organisations to create and customise security tools without requiring extensive technical expertise or dedicated engineering resources.
Sola Security’s platform enables users to build security applications from start to finish using an intuitive no-code interface. Businesses can either deploy pre-built tools from the Sola App Gallery or develop custom solutions tailored to their specific security needs.
UAE-based FinTech Klaim secures $26m to fuel regional expansion
UAE-based Klaim, a healthcare payments solutions provider, has raised $10m in Series A equity funding and secured an additional $16m financing fund to support its regional expansion efforts, according to a report from Zawya.
The funding round will help Klaim strengthen its presence in the UAE and extend its operations into Saudi Arabia, Oman, and other markets.
The company aims to reshape the healthcare financial landscape by expediting medical insurance claim payments and improving cash flow for healthcare providers in the MENA region.
The company’s unique approach, which allows providers to receive payments within 24 hours of submitting claims, enhances financial stability and supports high-quality patient care.
Digital estate planning platform Trust & Will secures $25m+ in Series C funding
Trust & Will, a leading digital estate planning platform, has raised over $25m in its Series C funding round.
The investment was led by Moderne Ventures, with participation from Northwestern Mutual Future Ventures, UBS, Erie Strategic Ventures, and other strategic investors. FT Partners acted as the company’s financial and strategic advisor.
The company provides an online platform for creating legally valid estate planning documents, including wills and trusts. It is designed to make estate planning more accessible, affordable, and efficient for families and financial professionals.
The fresh funding will be used to expand the company’s software-as-a-service (SaaS) platform, equipping financial advisors, attorneys, and other professionals with enhanced tools for multi-generational estate planning. Additionally, Trust & Will plans to strengthen its data infrastructure by leveraging insights from its user base to drive further innovation and create tailored financial solutions.
Worth raises $25m in TTV Capital-led round to drive onboarding automation
Worth, a FinTech company specialising in onboarding and underwriting workflow automation, has secured $25m in a funding round led by TTV Capital.
The investment round saw participation from Silicon Valley Bank, Ingeborg, Florida Funders, Deep Work Capital, and Florida Opportunity Fund.
Worth provides enterprises with AI-powered workflow automation, helping them streamline onboarding and underwriting processes. Its platform leverages a proprietary database of over 242 million small businesses and analyses more than 1,100 data points in real time to improve match rates. The technology enables instant verification, automated compliance, and centralised case management, making it a valuable tool for financial institutions, banks, and lenders.
With the new funding, Worth plans to accelerate its expansion, further develop its AI-driven technology, and scale its services to meet the needs of large enterprise clients.
Tomo secures $20m in funding as it scales AI-powered mortgage solutions
Tomo, a digital mortgage lender leveraging AI-driven technology, has secured $20m in a Series B funding round.
The latest investment was led by Progressive Insurance, with additional participation from existing investors Ribbit Capital, NFX, and DST Global Partners. This brings Tomo’s total funding to $130m.
Founded by former Zillow executives, Tomo is focused on modernising the mortgage process by reducing interest rates and eliminating hidden fees. The company’s AI-powered platform streamlines underwriting and sales, helping homebuyers secure loans faster and more affordably. Tomo’s technology enables average mortgage rate reductions of 0.50%, which can save buyers approximately $4,000 at closing.
The new funding will support Tomo’s expansion across the United States, including hiring loan officers and mortgage professionals for its offices in Detroit, Seattle, and New York. The company is also preparing to relocate its headquarters from Stamford, Connecticut, to New York City to accommodate its growing team and operations.
Banking-as-a-service leader Synctera secures $15m funding
Synctera, a leading provider of banking-as-a-service (BaaS) and embedded finance solutions, has secured $15m in fresh funding.
The company, which helps firms build and scale banking products, also announced a major customer win with Bolt, an industry leader in one-click online checkouts.
The funding round was co-led by Fin Capital and Diagram Ventures, with additional participation from First & Main, Evolution, and True Equity. This latest investment brings Synctera’s total funding to date to $94m.
Synctera offers a platform that enables companies to develop and integrate financial services while ensuring compliance with regulatory requirements.
With the fresh capital, the company aims to accelerate its growth and enhance its capabilities to serve larger clients with more complex needs.
Beyond its expansion in embedded finance, Synctera has also strengthened its position in financial crime risk management by partnering with Hawk, a company specialising in AI-powered AML and CFT solutions.
Mimo bags $8.5m equity round, unveils $125m embedded funding deal with Froda
Mimo, a platform that streamlines global payments, cash flow, and financial management for small and medium-sized businesses (SMBs) and accountants, has secured $8.5m in fresh investment.
The funding round was led by Project A, with participation from returning investors Northzone and Seedcamp.
Alongside this investment, Mimo has formed a strategic embedded funding partnership with SMB financing provider Froda. This agreement will enable Mimo to provide over $125m in flexible working capital solutions to UK-based SMBs in the coming years, with the potential to expand across Europe.
Founded in 2023, Mimo offers a suite of financial tools designed to help SMBs and their accountants manage cash flow efficiently. The platform automates invoice processing, payments, and bookkeeping while integrating workflows for collaboration. Businesses can access embedded credit lines through Mimo Flex, improving financial control without relying on multiple banks, SaaS tools, or FX brokers.
Outmarket AI lands $4.7m to transform commercial insurance
AI-driven insurance intelligence platform, Outmarket AI, has secured $4.7m in seed funding to accelerate its growth.
The funding round was led by Fika Ventures, with additional backing from TTV and Dash Fund. The investment marks a significant milestone for the company as it seeks to expand its capabilities in the InsurTech sector, according to InsurTech Insights.
The company, which specialises in AI-powered insights for the insurance sector, aims to modernise commercial insurance operations by eliminating outdated systems and manual processes.
Outmarket AI leverages natural language processing, machine learning (ML), and insurance-specific knowledge graphs to provide AI-driven automation and insights.
Escrow payment innovator LiquidTrust bags $4m for SMB security enhancement
LiquidTrust recently announced a significant milestone with the completion of a $4m seed funding round.
This funding effort was led by notable investors including the Anthemis Female Innovators Lab Fund, Resolute Ventures, and Motivate Ventures. This financial backing follows their participation in WMNfintech by BMO and 1871, positioning them as a notable player in the FinTech space.
The company has introduced Micro Escrow Pay, a patent-pending instant escrow payment solution tailored specifically for small and midsize businesses (SMBs). This innovative service is designed to embed trust directly into payment flows, thereby mitigating risks of fraud, nonpayment, and counterparty uncertainty. LiquidTrust offers this solution through banking partners as well as directly to SMBs, ensuring a wide range of accessibility.
Explaining the core functionality, LiquidTrust is dedicated to making commercial transactions more secure for SMBs. By integrating escrow services directly into payment processes, the company addresses the common challenges faced by SMBs, such as high costs and complexity associated with traditional payment security methods like letters of credit and traditional escrow.
FutureVault secures $3m to enhance AI-powered digital vault technology
FutureVault, a provider of AI-powered digital vault solutions, has secured $3m in equity financing, bringing its total funding since inception to $31m.
The latest investment round saw participation from founder and executive chairman G. Scott Paterson, CEO Daniel Kenny, and a mix of existing shareholders and select new investors.
FutureVault specialises in digital vault solutions tailored for financial institutions, wealth enterprises, advisors, and their clients. Its platform leverages AI and large language models (LLMs) to automate, aggregate, and centralise documentation and embedded data. This enables seamless bi-directional integrations with WealthTech providers, allowing real-time data extraction and workflow automation.
The new funding will support FutureVault’s continued innovation, including enhancing its AI capabilities, expanding workflow automation, and further strengthening its Client Life Management Vault™ technology.
Cybersecurity startup Hawcx raises $3m to advance passwordless authentication
Hawcx, a cybersecurity startup focused on passwordless authentication, has raised $3m in a pre-seed funding round.
The investment was led by Silicon Valley venture capital firm Engineering Capital, with additional backing from seed-stage investor Boldcap.
The company is tackling the persistent security vulnerabilities associated with passwords, which are responsible for over 86% of global data breaches, according to a report from Google. Hawcx’s authentication platform offers seamless security integration using just five lines of code, enabling businesses to enhance user protection while simplifying the login experience. Founded in 2023 by Riya Shanmugam, Selva Kumaraswamy, and Ravi Ramaraju, Hawcx emerged from stealth in April 2024, introducing a self-serve platform that has rapidly gained traction across various industries.
The fresh capital will be used to accelerate product development, expand its team, and scale sales and marketing efforts.
AI cybersecurity startup Harmony Intelligence secures $3m seed round
Harmony Intelligence, an AI cybersecurity company, has secured $3m in seed funding to advance its AI-driven cyber defence technologies.
The funding round was led by Airtree Ventures, with participation from over 30 strategic investors, including First Row Partners, Maxwell Capital, Eric Ries, the CEO of Adept AI, the former CTO of Plaid, and Canva’s head of global AI policy.
Harmony Intelligence specialises in cybersecurity solutions designed to counteract the growing threat of AI-powered cyberattacks. The company has worked as a trusted safety evaluator for leading AI labs and government institutions, contributing to the testing of frontier models in cybersecurity and autonomy. Its past work includes supporting the International Network of AI Safety Institutes in assessing AI security risks and briefing the Australian Senate on emerging AI threats.
Disputed.ai raises $1.1m to revolutionise AI-powered chargeback management
Disputed.ai, a leading AI-powered chargeback management platform, has raised $1.1m in seed funding to enhance its automation capabilities and expand its enterprise offering.
The investment will enable the company to accelerate its mission of redefining chargeback management for large-scale merchants through AI-driven solutions.
Founded by former merchants and technologists who experienced the inefficiencies of traditional chargeback processes, Disputed.ai combines artificial intelligence with deep industry expertise to streamline dispute management. The platform is tailored for enterprise merchants handling between 1,000 and 100,000 chargebacks monthly, allowing them to process disputes efficiently without requiring a large operational team.
Kiva secures $100k grant from Boundless Futures Foundation to back female social entrepreneurs
Kiva, a global nonprofit that provides crowdfunded loans to individuals and entrepreneurs, has received a $100k Her Village grant from Boundless Futures Foundation.
The funding aims to support women-led businesses across the U.S. that address social or environmental challenges.
The grant will be used to establish a revolving loan fund featured on the Kiva platform, specifically targeting female founders and social entrepreneurs. It will also finance a co-sponsored impact study to assess the societal benefits of female-led social enterprises. Additionally, Kiva and Boundless Futures Foundation plan to collaborate on strategic efforts to address systemic barriers faced by women founders.
Previsico secures new funding to expand live flood alert services in the US
Previsico, an InsurTech company specialising in live flood alerts, has secured additional funding to support its expansion, particularly in the United States.
The investment round was led by Burnt Island Ventures, a venture capital firm dedicated to water innovation, with participation from Foresight Capital Ventures and Previsico’s existing angel investor network, according to InsurTech Insights.
The fresh capital injection will accelerate Previsico’s growth strategy, with a strong focus on the US market, where flood-related damages cause billions of dollars in losses annually.
The funding underscores investor confidence in Previsico’s technology and its mission to mitigate the impact of flooding through real-time alert systems.
Lightkeeper secures growth investment from PSG to drive innovation
Lightkeeper, a provider of data, analytics, risk management, and reporting solutions for investment managers, has secured a growth investment from PSG.
As part of the investment, PSG senior advisor and industry veteran Dean Schaffer has been appointed as chief executive officer to lead the company into its next phase of expansion. Meanwhile, Lightkeeper’s senior management team will remain in place, with co-founder Danny Dias transitioning to chief product officer to focus on product innovation.
The backing from PSG, combined with Schaffer’s leadership, is expected to accelerate Lightkeeper’s product development while maintaining its commitment to high-quality client service.
Lightkeeper provides a centralised platform designed to help investment managers generate actionable insights. Its flagship product, Portfolio Intelligence, aggregates and enriches data from multiple sources, enabling custom queries, visualisation, and reporting.
Additionally, its growing Idea Analytics Software helps track investment ideas throughout their lifecycle, offering behavioural and decision analytics. The platform integrates seamlessly with existing systems, improving data accessibility and automating traditionally manual processes.
Finory secures key investment to bridge personal finance and FinTech innovation
Finory, a Malaysian personal finance management app, recently received a significant investment from 1337 Ventures.
Known for simplifying the financial tracking process for its users, Finory has established itself as a vital tool in managing personal finances, providing a unified view of credit card and bank statements, and optimizing cashback opportunities.
The latest funding round, although undisclosed in amount, saw participation from notable investors including 1337 Ventures. This investment underscores the confidence in Finory’s innovative approach and its potential within the FinTech sector.
Originally designed to help Malaysians manage their financial lives by consolidating various financial accounts into one streamlined platform, Finory has evolved to become more than just a personal finance tool. Its technology, which includes transaction parsing, categorizing, enrichment, and analysis, now serves banks and FinTech companies by offering critical insights to enhance personal finance and lending processes.
WealthTech platform FINNY secures backing from Josh Brown
FINNY, an AI-powered prospecting and marketing platform designed for financial advisors, has received a personal investment from Ritholtz Wealth Management CEO Josh Brown, who has also joined its advisory board.
The latest development follows FINNY’s recent $4.3m seed funding round, which was co-led by Maple VC and HNVR. Other notable investors in the round include Morningstar CEO Kunal Kapoor and Deel COO Dan Westgarth. The funding will be used to accelerate product innovation and expand adoption of FINNY’s AI-powered tools within the wealth management industry.
FINNY’s platform is designed to help financial advisors streamline the prospecting process using artificial intelligence. By analysing thousands of data points—including liquidity events and career changes—the system identifies high-intent leads and ranks them using its proprietary “F-Score” matching engine. This approach enables advisors to engage with the most relevant prospects, increasing efficiency and conversion rates.
FinTech startup SparkReceipt secures investment from Trind Ventures for global expansion
SparkReceipt, a pre-accounting software provider based in Finland, has secured investment from Trind Ventures.
The funding round, which remains undisclosed, also received support from the European Union under the InvestEU Fund and Business Finland.
The company provides AI-powered pre-accounting software designed to simplify bookkeeping for micro-businesses, with operations spanning nearly 100 countries. The platform automates receipt and invoice processing, eliminating the need for manual data entry.
The new funding will be used to accelerate SparkReceipt’s international expansion.
