FinTech funding nears $1bn on solid week for sector

July 25, 2025

The global FinTech sector pulled in a total of $898.4m across 21 funding rounds this week, as investor confidence stabilised throughout a solid period for the sector.

Leading the week’s activity was US-based fraud dispute platform Quavo, which secured $300m, making it the standout round.

The company aims to scale its AI-driven platform that automates fraud resolution workflows for banks and credit unions.

Close behind was Xelix, an accounts payable intelligence provider, also based in the US, which raised $160m in Series B funding to expand its enterprise finance capabilities. Another major contributor was Vanta, the compliance automation firm, which closed a $150, round to further its role in helping SaaS companies meet security and regulatory requirements at scale.

Across the Atlantic, Lightyear, a UK- and Estonia-based investment platform, brought in $23m to improve its cross-border brokerage offering for European retail investors.

April, an embedded tax platform powered by AI, secured $38 million to deepen its presence in the US. WealthTech also had a notable week with Eton Solutions raising $58 million for its AI-enhanced family office management software.

While the top end of the funding leaderboard was dominated by enterprise and infrastructure deals, RegTech and Cybersecurity also saw substantial action.

Alongside Vanta’s large raise, Delve, a US-based AI compliance automation firm, raised $32 million in Series A funding. The Czech firm Resistant AI, known for its fraud detection tech, also closed an undisclosed round, adding to the week’s emphasis on intelligent risk tools. Cybersecurity deals included ShelterZoom, which raised $6m, and StrongestLayer, a New York-based startup focused on enterprise identity security, which brought in $5.2m.

Smaller yet strategic raises further punctuated the week. Companies like Credibur in Germany and Qlub in the UAE expanded the sector’s footprint beyond the traditional FinTech hubs. Trovata, a US cloud-native treasury platform, made headlines not just for a $9 million capital injection from State Street and PNC, but also for acquiring ATOM, a legacy Treasury Management System — a move that significantly expands its product portfolio.

In terms of geography, the United States dominated with 10 deals, followed by the United Kingdom with three. The rest of the activity was distributed across Germany, the Czech Republic, Estonia, Israel, and the UAE. This broad participation reflects an increasingly global FinTech environment, where innovation is no longer concentrated in a few key markets.

Sector-wise, Enterprise and Enterprise Software led with 10 deals, trailing behind, RegTech and Cybersecurity combined for four deals, underlining the continued urgency around automation, risk management, and compliance.

PayTech, WealthTech, and InsurTech rounded out the rest of the sector spread, showing that investor interest remains strong across a wide range of financial technology verticals.

Here are this week’s FinTech funding rounds:

Quavo raises $300m to scale fraud dispute platform

Quavo, a fraud and dispute management platform for financial institutions, has secured $300m in growth funding from Spectrum Equity.

The investment will support Quavo’s expansion plans, including scaling its AI-driven product development and growing its client success and go-to-market teams. Existing investor FINTOP Capital will exit its stake, while co-founders and Pegasystems will retain their holdings.

Founded in 2016, Quavo automates the full consumer dispute process with its flagship platform, QFD. The system manages intake, investigation, chargebacks, recovery and communication, helping banks and FinTechs resolve disputes more quickly and efficiently.

The platform automates around 80% of dispute-handling tasks, helping institutions recover 85% of potentially lost funds. Clients typically see a 37% reduction in write-offs and cut credit-issuing time from 11 days to less than one.

Accounts Payable AI firm Xelix raises $160m Series B

Xelix, a London-based FinTech firm specialising in agentic AI for Accounts Payable (AP), has raised $160m in a Series B funding round.

The round was led by global software investor Insight Partners, with participation from returning backers Passion Capital and LocalGlobe. The capital injection will support Xelix’s platform development and expansion efforts.

Founded in 2018, Xelix provides AI-powered tools that help enterprises detect payment errors, prevent fraud, automate supplier reconciliations and streamline AP Helpdesk operations. Its system integrates with existing ERP and finance tools, offering enhanced control over vendor risk and AP inefficiencies.

The new funding will be used to accelerate product innovation and scale the company’s market reach. The firm also plans to expand its capabilities in transforming manual back-office functions into automated, strategic workflows powered by AI.

Trust tech leader Vanta bags $150m to scale AI platform

Vanta, an AI-powered trust management platform that helps businesses automate and scale compliance, has raised $150m in a Series D funding round.

The round was led by Wellington Management, with participation from existing backers Growth Equity at Goldman Sachs Alternatives, Sequoia, J.P. Morgan, Craft Ventures, Y Combinator, Atlassian Ventures, and CrowdStrike Ventures. This latest investment brings Vanta’s total funding to $504m since its launch in 2021 and values the company at $4.15bn.

Founded in 2018, Vanta initially focused on helping start-ups automate SOC 2 compliance, offering a quicker route to market and revenue. Today, it has evolved into a comprehensive trust management platform that enables over 12,000 companies across 58 countries to continuously monitor risk, prove trust, and streamline governance, risk, and compliance (GRC) efforts.

Private markets platform Yieldstreet raises $77m

Yieldstreet, a private markets investment platform focused on expanding access to alternative investments, has announced a $77m capital raise to enhance its platform and product offerings.

The latest funding round was led by Tarsadia Investments, with support from existing investors Mayfair Equity Partners, Edison Partners, Cordoba Advisory Partners (CAP), and Kingfisher Investment Advisors. New investor RedBird Capital Partners also joined the round.

Yieldstreet provides retail and accredited investors with opportunities to access private markets traditionally reserved for institutions. The firm’s platform spans asset classes such as real estate, corporate credit, and private equity, aiming to democratise alternative investing through technology and product innovation.

FinTech lender Zvilo secures €75m facility from Fasanara

Zvilo, a FinTech company specialising in working capital solutions for underserved markets, has secured an expanded credit facility of up to €75m from Fasanara Capital.

This marks a significant extension of their existing partnership, which began with an initial funding commitment in October 2022. Fasanara Capital, an alternative asset manager based in London, has deepened its support as Zvilo scales its trade finance offering across emerging markets.

Zvilo operates as a digital trade finance platform that provides fast, data-driven credit solutions to micro, small and medium enterprises (MSMEs). The firm aims to address the estimated $2.5tn global trade finance gap by deploying technology-led lending infrastructure.

Eton Solutions bags $58m to fuel AI wealth platform

Eton Solutions, a leading WealthTech company based in North Carolina, provides a comprehensive wealth management platform used by single and multi-family offices managing over $1tn in assets.

The firm has completed a $58m Series C funding round, conducted in two tranches. The round was led by repeat investor Navis Capital Partners, a private equity firm with a focus on high-growth companies.

Eton Solutions is the developer of AtlasFive, a data-rich, AI-driven platform that has become a system of record for over 800 ultra-wealthy families globally. The company’s tools manage more than 130,000 entities, 205,000+ investments, process over 14m annual transactions, and handle $65bn in yearly bill payments. It has also developed more than 400 AI use cases to support its clients.

AI tax platform april raises $38m to expand embedded services

april, a FinTech company specialising in embedded, AI-powered tax infrastructure, has raised $38m in a Series B funding round.

The round was led by QED Investors, with additional backing from Nyca Partners and Team8. This latest raise brings april’s total funding to $78m.

Founded to integrate tax filing seamlessly into financial platforms, april provides infrastructure that streamlines the tax process by using AI to pre-fill forms and reduce time to file. The company’s technology combines federal and state filing into a single, intuitive process, helping partners deliver a more integrated financial experience to their users.

Compensation software firm BetterComp raises $33m

BetterComp, a compensation management software provider based in the US, has raised $33m in a Series A funding round led by Ten Coves Capital.

The fresh capital will support BetterComp’s plans to expand its AI-powered platform, scale operations, and move into adjacent product categories. The company also intends to grow its international presence and better serve its fast-growing customer base, which already includes numerous Fortune 500 firms.

Founded in 2019 by Alan Miegel, Sandra Leon, and Derek Watson, BetterComp delivers a modern alternative to outdated compensation tools. The platform replaces legacy systems with user-friendly, AI-driven technology that helps large organisations manage pay decisions with greater speed, accuracy, and compliance.

Delve secures $32m to automate compliance processes

Delve, an AI-powered compliance automation platform, has raised $32m in a Series A round led by Insight Partners, giving the company a $300m valuation.

The round also drew support from top CISOs, AI operators, and Fortune 500 executives. The funds will be used to grow Delve’s team and deepen its AI capabilities.

Delve offers AI agents that automate time-consuming compliance work such as taking screenshots, tracking documentation, and managing spreadsheets. Built by researchers from MIT, Stanford, and Berkeley, the platform adapts to each company’s systems without disrupting operations.

The company aims to eliminate compliance busywork, helping teams focus on innovation and revenue growth. It has already supported over 500 fast-growing businesses including Lovable, Bland, and WisprFlow.

FinTech firm Qlub secures $30m for global dining expansion

Qlub, a FinTech company transforming the restaurant experience with contactless payment technology, has secured $30m to support its global growth ambitions.

The funding round was co-led by Shorooq Partners and Cherry Ventures, with strategic backing from e&, Mubadala Investments and Legend Capital, according to a report from Zawya.

The investment marks a significant step in Qlub’s mission to expand internationally and strengthen its presence in existing markets.

Founded in 2021, Qlub enables diners to scan QR codes to access menus, place orders and pay instantly using their smartphones. By eliminating traditional payment steps and physical menus, the platform streamlines the dining process for both customers and hospitality operators.

European investing platform Lightyear secures $23m

Lightyear, a European investment platform aimed at transforming cross-border investing, has raised $23m in a Series B funding round.

The round was led by NordicNinja, with participation from Superangel, SpecialistVC, and returning backers Lightspeed, Metaplanet, and Skaala. High-profile angel investors also joined the round, including Markus Villig, co-founder of Bolt, and Lars Trunin of Wise.

Founded with the goal of simplifying the fragmented European investment landscape, Lightyear offers a unified investment platform tailored to the needs of retail investors across the continent. The company has made rapid strides, now serving 25 countries in 10 languages and recently reaching $1bn in customer assets.

FinTech firm Alix bags $20m to scale AI estate solution

Alix, a US-based FinTech firm specialising in estate settlement solutions, has raised $20m in a Series A funding round.

The investment was led by Acrew Capital and joined by Charles Schwab and Edward Jones Ventures. Existing backers including Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds and Cameron Ventures also participated in the oversubscribed round.

Founded just two years ago, Alix provides an AI-driven platform that automates and streamlines the estate settlement process for families following the death of a loved one.

The new funding will accelerate Alix’s growth strategy and support the expansion of its AI capabilities. It plans to build out its product offering, improve onboarding speed, enhance customer experience, and establish deeper integrations across the financial services ecosystem.

AI underwriting firm AIUC raises $15m to boost adoption

Artificial Intelligence Underwriting Company (AIUC), an InsurTech based in San Francisco, has launched with a $15m seed round led by NFDG, and joined by Emergence, Terrain, and angel investors including Anthropic co-founder Ben Mann.

AIUC aims to help enterprises adopt AI safely by offering standards, audits, and insurance for AI agents.

The firm has introduced a proprietary framework, AIUC-1, to assess risk and provide liability coverage based on audit results. The founding team brings experience from Anthropic, McKinsey, and METR.

Trovata secures $9m, launches next-gen treasury platform

Trovata has acquired ATOM, a leading enterprise Treasury Management System (TMS) developed by Financial Sciences Corporation, in a strategic move aimed at transforming corporate treasury operations.

The acquisition expands Trovata’s capabilities and positions it as a viable and modern alternative to long-standing legacy TMS providers, offering a powerful suite of treasury tools integrated into its cloud-native platform.

The acquisition brings a host of advanced features from ATOM into the Trovata ecosystem, including support for debt and investment instruments, intercompany transactions, credit facilities, FX hedging, and more.

This strategic milestone comes alongside a fresh $9m capital injection from State Street Corporation and The PNC Financial Services Group, Inc., which extends Trovata’s Series B round.

Eventual secures $7.5m to tackle property insurance volatility

US-based InsurTech Eventual has secured $7.5m in seed funding across two rounds to support the launch of its flagship product, Premium Lock.

The raise was led by AlleyCorp and Upfront Ventures, with backing from Clocktower Ventures, Harvest Ventures, RXR Arden Digital Ventures, and Kindergarten Ventures, according to the Coverager.

Premium Lock offers long-term insurance premium predictability for property owners, addressing the volatility of the US real estate insurance market driven by inflation and climate pressures.

Cybersecurity firm ShelterZoom raises $6m to hit $30m total

ShelterZoom, a cybersecurity company specialising in digital content ownership and secure document handling, has raised nearly $6m in fresh capital, bringing its total funding to $30m.

The company did not disclose the names of investors involved in this latest round.

Founded with a mission to embed security directly within digital content, ShelterZoom is known for its patented document tokenisation technology, Single Source Of Truth®. Its platforms are built to offer control over sensitive digital assets across sectors such as healthcare, finance, legal, and government.

With the new funds, ShelterZoom plans to accelerate its product innovation, particularly in healthcare cybersecurity, where it aims to tackle rising ransomware attacks and outdated IT systems. Upcoming solutions are expected to enhance data continuity and operational resilience for hospitals and clinics globally.

Cybersecurity startup StrongestLayer secures $5.2m seed

Cybersecurity company StrongestLayer, which builds AI-native solutions to tackle email security and human risk, has officially emerged from stealth mode.

Founded by cybersecurity veterans from companies such as Proofpoint, FireEye, Mandiant, Google, and McAfee, the firm aims to redefine how organisations combat modern, AI-driven email threats.

The company has secured $5.2m in seed funding. The round was led by Sorenson Capital, with participation from Recall Capital. The investment underscores rising concern about the rapidly evolving capabilities of generative AI in cybercrime.

Maro raises $4.3m to tackle human risk in cybersecurity

Cybersecurity startup Maro, which helps organisations manage human risk, has raised $4.3m in seed funding from Downing Capital Group.

Maro’s platform addresses threats linked to human error, insider risk, and misuse of AI tools by providing real-time behavioural interventions.

The funds will support team expansion, product development, and go-to-market efforts as the company brings its platform to market.

Founded in late 2024, Maro was created by cybersecurity veterans Jadon Montero, Gwen Betts, and Jen Andre, who have built and scaled multiple security companies together.

FinTech Credibur secures $2.2m to digitise private credit

Berlin-based FinTech startup Credibur, which provides infrastructure to manage private credit facilities, has announced a $2.2m pre-seed funding round as it emerges from stealth mode.

The funding was led by European FinTech VC Redstone, with additional participation from MS&AD Ventures in Silicon Valley and Canadian investor Inovia. Several well-known FinTech angels also joined the round, including Pliant founder Malte Rau, Topi co-founders Estelle Merle and Charlotte Pallua, and noted super angel Bjarke Klinge Staun.

Credibur develops a modular API- and AI-first SaaS platform that helps automate complex credit processes between non-bank lenders and institutional capital providers. It targets segments such as buy now, pay later, factoring and leasing, as well as investors including asset managers, family offices and debt funds.

AI fraud detection firm Resistant AI secures Experian backing

Resistant AI, a provider of AI-powered solutions for financial crime detection and prevention, has secured a strategic investment from Experian, a global leader in information services.

The investment from Experian aims to enhance its fraud and financial crime prevention capabilities by integrating Resistant AI’s advanced modelling and anomaly detection tools. Financial details of the transaction have not been disclosed.

Resistant AI specialises in using artificial intelligence to safeguard financial systems from a growing range of threats, including fraud, money laundering, and identity-based attacks. Its real-time models are designed to integrate with existing infrastructures, helping firms identify and respond to criminal behaviours without disrupting operations.

Currency Stream accelerates global expansion with Paycorp

Currency Stream, a global provider of FX and payment solutions, has secured a significant investment from Paycorp International to fuel its expansion into Europe, the Americas, Africa, and Asia.

The FinTech firm is best known for its advanced dynamic currency conversion (DCC) and multi-currency pricing (MCP) technology, supported by proprietary pricing algorithms and risk management capabilities. The deal sees Paycorp bring substantial funding, international expertise, and scale to help drive Currency Stream’s ambitious plans.

This latest development builds on a longstanding relationship between the two firms. Since 2017, Paycorp has deployed Currency Stream’s DCC platform across Central and Eastern Europe and Southern Africa.

Ethical AI platform DebitMyData™ raises oversubscribed seed round

DebitMyData™, a platform focused on ethical AI and digital identity, has closed its seed funding round at more than double its original target.

The round attracted top-tier venture capitalists, including investors previously backing OpenAI alumni Ilya Sutskever and Mira Murati. The funding sets the stage for DebitMyData™’s global rollout of its Human Energy Grid, with planned expansion into the US, EU, Asia, and the Middle East.

The company, founded by Preska Thomas, enables users to verify, protect, and monetise their digital identities. Its platform integrates Agentic Logos and Avatars—tools designed to stop fraud and deepfakes through cryptographic verification and AI alignment.