CyberCube’s $180m raise headlines $930m week for global FinTech deals

October 3, 2025

A $180m round for CyberCube headlined a busy week for FinTech, with investors deploying more than $930m across 24 deals worldwide.

The San Francisco-based cyber risk analytics specialist drew the week’s largest ticket, with Spectrum Equity joining ForgePoint Capital and others to back its SaaS platforms used by three-quarters of the top 40 global cyber insurers.

Other big-ticket financings included Zurich’s Teylor, which secured a €150m facility from Fasanara Capital to expand SME factoring across Europe, and Pagaya Technologies in Israel, which expanded its revolving credit line to $132m with support from a syndicate of international banks.

In the US, remittance provider Viamericas raised $113.6m to scale its global cross-border network, while AI fraud detection leader Feedzai brought in $75m to push its valuation above $2bn. UK SME lender Love Finance closed a £45m facility to accelerate balance-sheet lending.

Subsector winners

CyberTech was the week’s standout, with five companies — including CyberCube, Descope, Oneleet, and SafeHill — raising more than $250m combined to advance cybersecurity, identity management, and compliance platforms.

RegTech also featured prominently with five deals, spanning AI-driven compliance players such as Zania ($18m), London’s Umony ($15m), and US-based ActiveComply.

PayTech attracted strong investor attention as well, with four rounds worth more than $265m. Highlights included Viamericas, Southeast Asia’s digital bank Yup ($32m), Argentina’s Remitee ($20m), and Indonesian credit card issuer Honest, which landed $100m in equity and $40m in debt.

InsurTech secured two rounds, with US-based SureCo ($23m) and UK newcomer Rehuman (£1m). WealthTech saw activity with Israel’s Pagaya and London’s Bite Investments ($25m).

Geographical landscape

The United States dominated with 11 companies across nearly every subsector, from CyberCube to Baselane and ActiveComply.

The UK contributed four deals, including Love Finance, Bite Investments, Umony, and Rehuman.

Elsewhere in Europe, Switzerland’s Teylor delivered one of the week’s largest rounds, while the Netherlands’ NPEX announced a change in ownership structure. Portugal’s Feedzai added weight with its $75m raise.

Emerging markets also stood out. Indonesia’s Honest raised a blockbuster $140m package, Argentina’s Remitee collected $20m, and India’s Ignosis secured $4m. The UAE contributed via Dubai-based Tokinvest, while Cambodia’s Yup added $32m to cement its role as Southeast Asia’s “Nubank”.

Here are this week’s FinTech funding rounds:

CyberCube secures $180m backing from Spectrum Equity

CyberCube, the cyber risk modelling and analytics specialist, has raised more than $180m in funding from Spectrum Equity.

The investment, still subject to regulatory approvals, sees Spectrum join existing backers ForgePoint Capital, Hudson Structured Capital Management (Bermuda) Ltd, and MTech Capital as a key institutional investor.

Founded in 2015 within Symantec and operating independently since 2018, CyberCube provides software-as-a-service platforms that help insurers, reinsurers and brokers measure and manage cyber risk. Its tools are used by over 130 organisations, including 75% of the top 40 US and European cyber insurers and the majority of the top 20 global brokers.

The funding will support CyberCube’s long-term product development and expansion across the global insurance, reinsurance, and broking markets.

Teylor secures €150m boost from Fasanara Capital

Teylor, a Zurich-based technology-driven SME financing platform, has secured €150m from Fasanara Capital to accelerate its pan-European growth.

The facility will enable the company to scale its factoring business across seven European countries, strengthening its position in the SME financing market.

The agreement with Fasanara Capital includes the refinancing of Teylor’s factoring activities and the creation of a financing vehicle covering multiple countries and currencies. By consolidating its operations into a single cross-border structure, Teylor aims to deliver greater flexibility, operational efficiencies, and scalability.

Pagaya secures $132m facility with top banks

Pagaya Technologies has significantly expanded its revolving credit facility, boosting it to $132m from the previous $58m agreement.

The development more than doubles its existing facility and comes with a considerable reduction in financing costs.

The revised structure lowers the company’s debt burden by cutting the interest rate by 400 basis points, reducing borrowing costs from SOFR+750 to SOFR+350. This marks a nearly 35% decrease, bringing most of the firm’s corporate borrowings down to or below its high-yield bond coupon of 8.875%.

The expanded facility is supported by new banking partners Citizens, TD Bank, Wells Fargo and Texas Capital Bank. Existing lenders such as Bank of Montreal, Valley Bank, CIBC and Israel Discount Bank have also increased their commitments, highlighting strong institutional confidence in the company.

Remittance firm Viamericas bags $113.6m funding round

Viamericas, a provider of remittance and international money transfer services, has raised $113.6m to accelerate its global expansion and enhance its digital payment platforms.

The funding round was led by Old National Bank, with further support from Bank of Oklahoma Financial, Axos Bank and U.S. Bank. FT Partners acted as the exclusive strategic and financial advisor to the company.

The US-based FinTech specialises in helping families send money securely across borders. Its network spans more than 300,000 payout locations in 95 countries, with direct account deposits available at over 2,700 banks and 107 mobile wallets. By combining traditional agent-based services with modern digital platforms, the company provides flexibility and security to those relying on international transfers.

With the new investment, Viamericas plans to expand its global remittance reach and strengthen its digital infrastructure to support the rising demand for secure, real-time international payments. The company has been enhancing its instant remittance capabilities, which it sees as key to its future growth.

AI fraud platform Feedzai hits $2bn valuation

Feedzai, the AI-native RiskOps platform, has secured $75m in fresh funding, pushing its valuation above $2bn.

The round drew backing from new investors Lince Capital, Iberis Capital and Explorer Investments, alongside continued support from Oxy Capital and Buenavista Equity Partners.

Feedzai develops technology to help financial institutions detect and prevent financial crime, including fraud and money laundering. Its platform protects more than $70bn in annualised payment volume and is used across card payments, transaction monitoring and account openings.

Recent milestones for Feedzai include the launch of Feedzai Orchestration and Feedzai IQ, products designed to improve the speed and accuracy of risk assessments. The firm also reported preventing more than $2bn in losses and saving over 20 million analyst hours in the past year, while advancing responsible AI standards with its TRUST Framework.

Love Finance secures £45m to scale SME lending

Love Finance has closed its first debt financing deal, securing £45m to expand lending to small and medium-sized businesses across the UK.

The package is comprised of a £35m revolving credit facility from Paragon Bank and a £10m junior medium-term note programme provided by LGB Capital Markets.

The milestone gives the lender the ability to provide loans directly from its own balance sheet, speeding up decision-making and expanding access to business funding for SMEs. Established in 2016, the company has been entirely bootstrapped while scaling rapidly, growing revenues by more than 900% in the past four years to reach £9.2m in 2024. Over the same period, its workforce has doubled and the company has delivered more than £300m in funding to over 7,000 SMEs nationwide.

External IAM platform Descope secures $35m seed extension

Descope, the drag-and-drop external IAM platform, has closed an extension of its seed financing round, securing an additional $35m. The new funding brings its total raised to $88m since its launch.

The extension round was made available only to existing investors, with participation from Notable Capital, Lightspeed Venture Partners, Dell Technologies Capital, Unusual Ventures, Cerca Partners, and Triventures.

Founded in 2022 by a team of cybersecurity entrepreneurs, Descope provides a no-code and low-code IAM platform that allows organisations to build and manage user identity journeys. The company was started by the same team that founded Demisto, a security orchestration business later acquired by Palo Alto Networks.

The firm plans to channel the new funds into research and development, particularly in agentic identity, while also expanding its geographical footprint. Additional investment will go towards scaling the engineering, product, and customer experience teams.

FinTech platform Baselane secures $34m for AI expansion

Baselane, a FinTech platform designed for real estate investors, has raised $34.4m in fresh funding as it unveiled a new suite of AI-powered automation tools.

The latest financing includes a $20m Series B led by Thomvest Ventures and a previously unannounced $14.4m Series A led by Matrix Partners. Other participants in the Series B were Diagram Ventures, Starwood Capital, Parameter Ventures, Activant Capital, RXR ARDEN Digital Ventures and Watershed Ventures.

Founded in 2022, Baselane provides landlords with a purpose-built platform to manage the financial side of their rental property businesses. Its system integrates banking, bookkeeping, rent collection and tax reporting, replacing the fragmented mix of spreadsheets, personal accounts and consumer payment apps that landlords have traditionally relied upon. The company says it now serves more than 50,000 real estate investors across the US.

The new capital will be used to expand go-to-market operations and accelerate product development. At the centre of this is Baselane Smart, a subscription-based suite of AI-driven automation tools designed to streamline financial management.

Cybersecurity firm Oneleet bags $33m Series A

Cybersecurity company Oneleet has raised $33m in a Series A round led by Dawn Capital, with participation from notable investors including Frank Slootman, the former CEO of Snowflake and ServiceNow, Dropbox co-founder Arash Ferdowsi, Y Combinator, and several founders and CISOs.

Oneleet, founded by penetration testers with years of experience breaking into Fortune 500 firms and government systems, was created to address what it calls “compliance theatre” in the industry. The company argues that businesses too often chase certifications such as SOC 2 and ISO 27001 to close deals, without genuinely improving their security.

Its platform combines multiple security tools into one stack, including penetration testing, code scanning, cloud security posture management, MDM, training and monitoring. Oneleet says this integrated model ensures real protection, which in turn makes compliance faster and more reliable.

The fresh funding will allow the company to grow its engineering team, enhance its AI-powered capabilities for security monitoring, and expand its go-to-market efforts. The company said its approach guarantees audit outcomes, removes blind spots, and replaces fragmented tools with a single platform.

Southeast Asia’s digital bank Yup raises $32m in C-1 round

Yup, a digital bank often referred to as the “Nubank of Southeast Asia”, has raised $32m in fresh funding as part of its C-1 equity round.

The round was backed by US investment firms Moore Strategic Ventures, Spice Expeditions and Platanus, alongside other institutional investors and existing shareholders.

Founded in 2021, Yup has positioned itself as one of Southeast Asia’s most promising FinTech platforms. The company now serves millions of credit card holders and has reported consistent financial growth, with revenues doubling annually for the past three years. It expects to reach break-even by the end of 2025, citing operational discipline and strong demand in the region.

Yup said the new capital will be used to grow its customer base, deepen user engagement and enhance its product experience. The company also plans to accelerate its journey towards profitability, while expanding its role in advancing financial inclusion across Southeast Asia.

Bite Investments secures $25m to transform private markets

Bite Investments has secured $25m in strategic growth funding from NewSpring Growth, the dedicated equity strategy of NewSpring Capital, as it looks to expand its presence in private market technology.

The funding marks a significant milestone for the FinTech as it aims to democratise access to alternative investments and streamline how investors interact with the sector.

With the backing of NewSpring, Bite Investments plans to accelerate the scale of its flagship platform, Bite Stream, as well as strengthen its global workforce and service capabilities.

Bite Stream, the company’s cloud-based platform, is designed as a one-stop solution for asset managers and investors to manage every stage of the investor journey. The technology simplifies onboarding and communication, while providing investors — both institutional and retail — with a single portal to view and manage their holdings.

SureCo secures $23m to expand ICHRA platform

SureCo, an Individual Coverage Health Reimbursement Arrangement (ICHRA) administrator, has announced the close of a $23m Series A funding round.

The investment was led by Health Velocity Capital, with participation from Kaiser Permanente Ventures. Health Velocity Capital counts numerous insurance carriers among its limited partners.

The company said the new funding will be used to accelerate its growth, scale its technology capabilities, expand integration with insurers, and grow its service team to meet rising customer demand.

Market dynamics for ICHRA have shifted considerably in recent years, with more than 44% of large employers reportedly considering adoption by 2026. Rising insurance costs and the demand for predictable, cost-efficient solutions have fuelled interest in this model.

Remitee secures $20m to power embedded remittances

Remitee, a cross-border payments infrastructure provider focused on embedding remittance and financial services into existing platforms, has announced the completion of a new funding round.

The company has raised $20m in fresh capital. The round was led by Krealo, alongside a consortium of strategic and institutional investors who support Remitee’s vision of modernising the remittance market.

Founded to address the inefficiencies of traditional money transfer services, Remitee embeds international payments directly into the platforms that banks, retailers and FinTech firms already use. This approach allows customers to send funds without leaving their ecosystem or downloading additional applications. Its infrastructure also supports direct payments for services such as healthcare, utilities and education, in addition to prepaid cards and mobile top-ups.

Agentic AI firm Zania bags $18m in NEA-led funding round

Zania, a fast-growing agentic AI company focused on governance, risk and compliance (GRC), has closed an $18m Series A funding round to accelerate its next phase of growth.

The round was led by New Enterprise Associates (NEA) and joined by Anthology Fund, backed by Menlo Ventures and Anthropic, Palm Drive Capital, and a syndicate of senior executives from Amazon, Airbnb, PayPal, ByteDance, Reddit, Roblox and PwC.

The company develops domain-specific AI agents designed to support compliance teams as regulatory requirements become increasingly complex. Traditional GRC platforms often leave businesses reliant on large teams to perform manual tasks, but Zania’s technology aims to automate these processes, compressing work that once took months into minutes. Its agents carry out risk assessments, evidence collection, controls testing and gap analyses, using capabilities such as multilingual policy ingestion and mapping against regulatory requirements.

AI compliance firm Umony secures $15m Series A funding

Umony, an AI-powered financial services communications compliance platform, has assembled a high-profile advisory board as it closes a $15m Series A funding round.

The London-based firm, founded in 2017, combines regulatory expertise with cutting-edge artificial intelligence to help financial institutions manage risk and comply with evolving rules.

The $15m round was led by Notion Capital, with participation from SeedCamp, Crane Venture Partners and a group of angel investors including Hugging Face co-founder Dr Thomas Wolf. The new funding marks a significant milestone in Umony’s growth plans as it strengthens its global presence.

Umony’s platform captures, archives and analyses communications across channels including mobile, chat, email, voice and video.

Maximor raises $9m to expand AI finance automation

Maximor, a financial automation company using artificial intelligence to cut down on accounting grunt work, has secured $9m in seed funding.

The round was led by Foundation Capital, with backing from Gaia Ventures and Boldcap. The investor list also includes several notable angels such as Aravind Srinivas, CEO of Perplexity, Tien Tzuo, CEO of Zuora, alongside finance leaders from Ramp, Gusto, Opendoor, MongoDB and the Big Four.

The San Francisco-based firm develops AI agents that connect to ERPs, payroll, billing, banking and other operational systems. These agents are designed to automate repetitive accounting tasks while producing audit-ready outputs by default. The company positions its platform not as a point solution but as a unified command centre for finance operations.

Ignosis secures $4m to scale financial data intelligence

Ignosis, India’s enterprise-first account aggregator (AA) infrastructure and financial data intelligence platform, has raised $4m in a pre-Series A round.

The round was led by Peak XV’s Surge, with additional backing from Force Ventures, Razorpay Ventures, Cred founder Kunal Shah and other existing investors.

Founded in 2022 and headquartered in Ahmedabad, Ignosis helps financial institutions tackle the systemic challenges holding back India’s data ecosystem. Despite widespread digitisation, more than 160 million Indian consumers remain underserved by credit, with many lacking proof of income and therefore excluded from loans, insurance and financial planning, Ignosis claimed.

Ignosis’ AA infrastructure and financial data intelligence tools enable banks, insurers and other financial institutions to underwrite, collect and advise with greater confidence.

With the fresh capital, Ignosis plans to expand its engineering, business and compliance teams while supporting customers across India’s fast-evolving financial landscape.

RegTech firm Deckard Technologies secures $3.9m facility

Deckard Technologies, a GovTech platform helping local governments optimise tax revenue and improve compliance across property rentals, has raised $3.9m in growth credit from Australia-based Mighty Partners.

The non-dilutive funding will accelerate Deckard’s expansion into the long-term rental (LTR) market, an area it believes is up to seven times larger than the short-term rental (STR) sector. The company also plans to expand its sales and service teams to meet rising demand.

Founded in Australia and now headquartered in the US, Deckard has grown revenue by more than 60% in the past year.

Its flagship platform, Rentalscape, is used by more than 400 jurisdictions across the US, Canada and Australia to oversee compliance for over 250,000 STR properties.

Tokinvest raises $3.2m pre-seed for RWA platform

Tokinvest, a regulated marketplace specialising in real-world asset (RWA) tokenisation, has unveiled a series of milestones as it looks to build momentum in a fast-emerging sector.

The Dubai-based company has secured $3.2m in a pre-seed funding round, backed by VCs, family offices, and high-net-worth investors, including Triliv Holdings and Exponential Science.

Founded to democratise access to premium assets, Tokinvest provides a platform for fractional ownership across diverse asset classes. The firm has positioned itself among the few global players authorised to issue and distribute tokenised RWAs under a comprehensive regulatory framework, following approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

The fresh capital will be channelled into scaling Tokinvest’s platform, expanding regulatory coverage, and onboarding new asset classes.

SafeHill bags $2.6m to launch AI-powered security platform

SafeHill, a cybersecurity startup based in Chicago and formerly known as Tacticly, has officially emerged from stealth mode with the launch of its flagship Threat Exposure Management platform.

The company announced it had raised $2.6m in a pre-seed funding round. The investment was led by Mucker Capital and Chingona Ventures, with support from Techstars, Chicago Early Growth Ventures, The Source Groups, Virginia Union University, and angel investor Eddie Lou.

SafeHill specialises in continuous threat exposure management (CTEM), helping organisations uncover and secure attack paths before hackers can exploit them. Its platform, SafeHill SecureIQ™, blends artificial intelligence with human expertise to provide ongoing discovery of digital assets, automated risk assessments, and validated penetration testing.

The newly secured funds will be used to grow the engineering team, further develop AI-driven penetration testing tools, and strengthen partnerships with enterprise security teams. SafeHill also plans to enhance SecureIQ’s real-time monitoring and broaden its compliance-mapping capabilities across major regulatory frameworks such as PCI-DSS, CMMC, NIST, and ISO27001.

AI InsurTech Rehuman secures £1m pre-seed from Fuel Ventures

Rehuman, an AI-powered insurance platform based in the UK, has raised £1m in a pre-seed funding round led by Fuel Ventures.

The firm, led by Aaron Sherwood, plans to use the investment to scale its platform, enhance its AI capabilities, and further its mission to make insurance easier to navigate for consumers while equipping brokers and insurers with tools to increase retention and engagement.

Rehuman’s central product is its “insurance wallet”, which consolidates a user’s policies into a single secure hub. Documents can be uploaded manually or automatically scanned from Gmail and Outlook, enabling customers to organise their insurance with minimal effort.

By gathering a wide range of real-world policy data, Rehuman is training its proprietary AI model exclusively on insurance documents and behavioural insights.

Its platform is positioned to turn static policy documents into actionable insights, placing customers at the centre of the insurance journey.

Dutch SME exchange NPEX secures backing from Paerel and Icecat

NPEX BV, the Dutch SME stock exchange platform that connects entrepreneurs and investors, has announced a major change in its ownership structure.

The platform enables small and medium-sized businesses to raise growth capital directly from investors, while also offering individuals and institutions opportunities to back promising enterprises.

The latest deal saw Paerel Investment and Icecat Capital acquire INKEF Capital’s 20% shareholding in the platform.

NPEX specialises in providing SMEs with access to capital markets through digital innovation. Its platform brings together businesses, professional and wealthy investors, and advisors, facilitating the placement and trading of securities in a simplified way.

Honest credit card issuer secures fresh equity funding

Honest, Indonesia’s fastest-growing credit card issuer, has closed an oversubscribed equity funding round, bringing its total equity funding to $100m.

The growth round was led by Japanese credit card giant Orico, with continued backing from XYZ Venture Capital, SV Pacific Ventures and Village Global. The round also attracted new support from US-based Gilgamesh Ventures.

Alongside the equity raise, Honest secured $40m in debt financing from Mizuho Bank.

The FinTech, founded in 2023 by former Apple Card executive Peter Panas and Alpha JWC co-founder Will Ongkowidjaja, has quickly positioned itself as a challenger to Indonesia’s traditional banking sector. With fewer than 3% of Indonesians holding a credit card, the company is seeking to unlock access to credit for millions of underbanked consumers.

The FinTech can launch co-branded cards in weeks and approves over 90% of applicants. It compared itself to other Indonesian banks that take years to launch and approve less than 5%.

ActiveComply raises funding as Level Equity takes stake

ActiveComply, a RegTech company specialising in digital communication compliance for financial institutions, has secured a strategic growth investment from Level Equity.

The funding, announced alongside a leadership change, comes from New York-based growth equity investor Level Equity. The deal marks an important milestone for ActiveComply as it seeks to build on its position in the financial services compliance space.

Founded in 2018, ActiveComply provides software designed to help independent mortgage banks, banks, credit unions, mortgage brokers and insurers meet compliance obligations. Its suite of products – SocialShield, WebCompass and VirtualVerify – allows institutions to monitor and manage social media accounts, websites and remote working environments, ensuring adherence to federal and state regulations including TILA, RESPA and fair lending laws.