As 2025 begins to wind down, it was a relatively quiet week for the FinTech sector, with only $296m raised across 11 funding rounds.
The leading raise this week was by Zafran Security, who secured a total of $60m in a Series C.
Sector-wise, the CyberTech and WealthTech sectors pulled in three deals a piece, whilst the PayTech sector saw two deals. Financial infrastructure, InsurTech and PropTech pulled in one each.
Geographically, the US dominated across this week’s deals with six in total, whilst the UK trailed behind on two. Canada, South Africa and Italy all recorded one.
Here are this week’s deals.
AI security firm Zafran secures $60m
Zafran Security, which develops technology to help organisations automate exposure management, has secured fresh backing from investors as demand for intelligent defence tools accelerates.
The firm has raised $60m in a Series C investment round led by Menlo Ventures. Existing backers Sequoia Capital and Cyberstarts took part, along with PSP Growth, Vintage Investment Partners, and Knollwood Investment. This latest injection takes Zafran’s total funding to $130m.
Zafran specialises in threat exposure management powered by agentic artificial intelligence. Its technology supports large enterprises in mapping assets, detecting vulnerabilities, analysing risk and orchestrating remediation workflows autonomously.
Flex raises $60m Series B
Flex, the AI-native private banking platform for high net worth middle-market business owners, has secured $60m in a Series B equity round led by Portage, bringing its total equity raised to $105m.
The round also had participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, FirstLook Partners, Tusk Venture Partners and others.
The fundraise comes as the company responds to accelerating demand from business owners who struggle with fragmented financial workflows. Running a profitable middle-market company requires navigating numerous disconnected systems, and Flex aims to replace this complexity with a unified finance platform.
Sokin secures $50m Series B
Sokin, a London-based global business payments provider known for its multi-currency capabilities and cross-border financial infrastructure, has secured $50m in Series B funding to accelerate its next phase of expansion.
The company said the new investment will be used to accelerate global market expansion, strengthen its financial infrastructure and enhance product capabilities as demand for scalable and efficient business payments grows.
The Series B round was led by Prysm Capital, with participation from Watershed Ventures and continued backing from funds managed by Morgan Stanley Expansion Capital, Aurum Partners and several strategic angels including Gary Marino and Mark Britto, both former PayPal executives.
Nevis bags $35m
Nevis, an AI platform for wealth management, has emerged from stealth with fresh backing as it looks to overhaul how financial advisors work.
The company, founded less than a year ago, develops technology aimed at freeing advisors from time-consuming administrative tasks.
The firm has secured $35m in a Series A round led by Sequoia Capital, with participation from ICONIQ and Ribbit Capital, bringing its total funding to $40m. The raise reflects growing investor appetite for automation and AI tools in the rapidly expanding WealthTech space.
imper.ai raises $28m
Imper.ai, the cyber-intelligence-led impersonation prevention platform, has officially launched with backing from several major investors, reflecting rising concern about AI-driven identity attacks.
The firm has secured $28m in funding from Redpoint Ventures and Battery Ventures, with participation from Maple VC, Vessy VC and Cerca Partners.
Built by veterans of elite cyber units, imper.ai focuses on preventing impersonation threats in real-time. Its technology monitors behaviour and system indicators across widely used enterprise platforms including Zoom, Microsoft Teams and Slack. The company said it analyses multiple digital markers to spot malicious intent that conventional security filters fail to detect.
Pine secures $25m
Pine, an AI-driven consumer digital-chore automation company, has secured $25m in a Series A funding round led by Fortwest Capital.
The new product investment is driven by the growing frustration consumers face when dealing with long hold times, repetitive transfers and ineffective customer service. Pine said its “ask-and-it’s-done” AI is designed to return time, money and peace of mind to users by taking over these tasks entirely.
Pine operates an AI-powered platform that handles calls, emails and software interactions on behalf of consumers. With bank-level security and transparent privacy controls, the service is engineered to automate time-consuming administrative processes and secure more accurate and efficient outcomes for users.
Niobium raises $23m
Niobium, a custom silicon provider specialising in fully homomorphic encryption (FHE) platforms, has secured more than $23m in new funding following what the firm described as an oversubscribed follow-on round.
The raise attracted returning backers Fusion Fund, Morgan Creek Capital, Rev1 Ventures and Ohio Innovation Fund, alongside fresh capital from strategic investor Blockchange Ventures.
New supporters also include ADVentures, the corporate venture arm of Analog Devices Inc, Korea Development Bank, JobsOhio Ventures, Rev1 Angels and Silicon Catalyst Ventures.
Home equity FinTech Nada closes $10m
Home equity investment platform Nada, a financial technology company offering tools for homeowners to access and manage their home equity, has secured fresh investment to accelerate its growth.
The company has raised $10m in a Series A funding round led by Interlock Partners. Other investors included LiveOak Ventures, which returned after leading Nada’s Seed round, and Riverwalk Capital Partners.
Nada also expanded its venture debt facility with Nomura Strategic Ventures, bolstering its institutional position with additional capital support.
Bourn launches FTA after £3.5m raise
Bourn, the UK FinTech focused on modernising business overdrafts for the growth economy, has raised £3.5m in fresh capital to accelerate the expansion and adoption of its Flexible Trade Account (FTA).
The funding round drew support from NatWest Group, McPike Global Family Office, Haatch, Love Ventures, Portfolio Ventures and Aperture.
The latest tranche will help Bourn scale its offering and expand its market reach, enabling the company to deepen the functionality of its FTA, enhance its team capacity, and grow through new financial services and platform partnerships.
AI InsurTech Liablix secures €1.2m
Italian startup Liablix, an AI-driven InsurTech specialising in automated motor-claims analysis, has secured €1.2m as it looks to scale its technology internationally.
The company, founded by Davide Castellucci, Filippo Begani and Davide Moricoli, landed the fresh backing in a round led by DFF Ventures, with participation from FJ Labs, Plug&Play and a select group of angel investors, according to Beinsure.
Zazu raises $1m pre-seed
Pan-African digital banking platform Zazu, which is built exclusively for entrepreneurs and SMEs, has raised $1M in pre-seed funding from a group of leading African and European investors to accelerate its rollout in South Africa and Morocco, with plans to expand across the continent in 2026.
Founded by Germain Bahri and Rinse Jacobs, both former Solarisbank executives with deep fintech experience in Europe, Zazu is creating a Mercury-style experience for African entrepreneurs, according to Disrupt Africa.
With more than 50 SMEs already in beta and over 1,000 businesses on its waitlist, Zazu aims to serve Africa’s 50 million underserved SMEs, combining European fintech expertise with a deep understanding of African business realities.
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
