February got off to a powerful start in regard to FinTech funding rounds, with over $1.02bn raised across 29 rounds.
This continued last week’s strong performance, where FinTech companies raised just over $1bn as FinTech funding continued its promising start to 2026. This came after a two-week stretch where funding topped $2.3bn.
Leading the pack this week in terms of raises was digital asset infrastructure outfit Talos, who secured a mighty $150m in capital. Market-wise, the WealthTech and RegTech sectors dominated this week, securing a total of six deals a piece. The CyberTech sector saw five deals in total, whilst InsurTech and PayTech sectors pulled in three deals. The RegTech market saw two deals this week.
Geographically, the US once again dominated, with fourteen deals in total. The UK trailed behind on a respectable six deals, whilst one deal a piece was recorded by Canada, the Cayman Islands, Netherlands, Israel, Ivory Coast, Singapore, Sweden, Germany and Hong Kong.
Whilst 2026 has got off to a very strong start for US FinTech firms, research by FinTech Global this week detailed that during 2025, the US WealthTech Sector recorded 259 transactions, a sharp decline of 39% from the 424 deals completed in 2024.
Funding fell even more steeply, with total investment decreasing to $3.6bn in 2025 from $8.2bn in the prior year, a reduction of 56%.
The disproportionate fall in capital relative to deal volume points to a marked contraction in average deal sizes, suggesting that while investment activity persisted, investors were considerably more cautious in their capital deployment.
Here are this week’s deals.
Talos extends Series B to $150m
Talos, a provider of institutional digital asset infrastructure, technology and data, has extended its Series B funding round with a $45m strategic raise, bringing the total size of the round to $150m and pushing its post-money valuation to approximately $1.5bn.
The Series B extension includes new strategic investors Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning backers a16z crypto, BNY and Fidelity Investments.
The raise reflects continued institutional interest in digital asset infrastructure as traditional financial markets increasingly migrate towards digital rails.
Varo Bank raises $123.9m growth round
Varo Bank, a US-based all-digital nationally chartered consumer bank, has announced a $123.9m growth investment as it looks to enter its next phase of expansion.
The Series G round was led by existing investor Warburg Pincus alongside new investor Coliseum Capital Management, LLC. Existing backers, including Northview, also increased their commitments as part of the transaction.
Propy secures $100m facility
Propy, a technology company using AI and blockchain to automate real estate closings, has secured a $100m credit facility to accelerate its vision of building an AI-powered, end-to-end real estate transaction platform across the United States.
The $100m facility has been provided by Metropolitan Partners Group, a private investment firm specialising in growth and situational capital for small and mid-sized non-sponsored businesses. The financing will support Propy’s strategy to consolidate licensed title and escrow companies and integrate them into a single, automated closing platform powered by artificial intelligence.
Fieldguide secures $75m Series C
Fieldguide, an AI-native platform for audit and advisory firms, has raised $75m in a Series C funding round led by Goldman Sachs Alternatives’ Growth Equity. The funding round, which also saw participation from new investor Geodesic and existing backers Bessemer Venture Partners, 8VC and Thomson Reuters, brings Fieldguide’s total capital raised to $125m and values the company at $700m.
Blockchain intelligence firm TRM Labs bags $70m
TRM Labs, a RegTech company focused on using artificial intelligence to disrupt criminal networks and counter national security threats, has announced the close of a $70m Series C funding round.
The round was led by Blockchain Capital, which previously backed the company at pre-seed stage in 2018, alongside returning investors CMT Digital, Goldman Sachs, Bessemer Venture Partners, DRW Venture Capital, Y Combinator, Thoma Bravo, Alumni Ventures, Citi Ventures and Brevan Howard Digital, with participation from new strategic investor Galaxy Ventures.
Neo Financial secures $68.5m
Neo Financial, a Canadian FinTech company focused on building digital-first financial products for consumers, has secured $68.5m in equity funding to support the launch of its inaugural securitisation programme.
The oversubscribed equity round was led by a syndicate of more than 100 Canadian investors, founders and entrepreneurs.
Institutional participants included Alberta Investment Management Corporation (AIMCo), Northleaf Capital Partners, Plaza Ventures, Sandstone Asset Management and Caldwell Growth Opportunities Fund.
InsurTech Indigo raises $50m
Indigo, a vertically integrated, AI-driven medical professional liability platform, has secured $50m in fresh capital through an oversubscribed Series B funding round, as it looks to scale its technology across the US.
The $50m raise was led by existing investor Rubicon Founders, with significant participation from new backer Town Hall Ventures.
Other existing strategic investors, including Optum Ventures, also contributed to the round, underscoring continued confidence in Indigo’s growth trajectory and product strategy.
GoCab secures $45m
GoCab, a mobility FinTech focused on ethical vehicle financing and electric mobility for gig-economy workers, has raised $45m to accelerate its expansion across Africa and beyond.
Founded in 2024, the company was established to tackle limited access to fair financing and vehicle ownership for drivers and delivery couriers across African markets.
By integrating mobility services, technology, and inclusive finance, GoCab enables workers to generate stable income while progressively gaining ownership of the vehicles they operate.
Artificial Labs secures $45m
Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, has completed a $45m Series B funding round.
The funding round represents a significant milestone for the business as it continues to expand internationally.
The Series B was led by CommerzVentures, with participation from Move Capital Fund I, alongside continued backing from existing investors.
RapidFort secures $42m
RapidFort, a cybersecurity company focused on securing the modern software supply chain, has raised fresh capital of $42m.
The company has closed a $42m Series A funding round led by Blue Cloud Ventures and Forgepoint Capital, with participation from existing investor Felicis Ventures.
Additional backers in the round include Alumni Ventures, Boulder Ventures, Brave Capital, Evolution Ventures, Florida Funders, Gaingels and Mana Ventures.
AI-powered DLP provider ORION secures $32m
ORION, an AI-powered data security company focused on rethinking how enterprises prevent data loss, has closed a $32m funding round as demand accelerates for alternatives to traditional DLP tools.
The round was led by Norwest, with participation from IBM and existing investors PICO Venture Partners, Lama Partners, Underscore VC, alongside others.
The latest raise comes less than a year after the company’s seed funding and brings ORION’s total capital raised to $38m. SMB cybersecurity provider.
RADICL secures $31m
RADICL has secured fresh growth capital of $31m as it looks to accelerate the development of its autonomous security operations platform.
The company has closed a $31m Series A funding round led by Paladin Capital Group, with participation from returning backers Access Venture Partners and Denver Ventures, alongside new investor Cervin Ventures.
RADICL positions itself as a specialist provider of an autonomous virtual security operations centre, or vSOC, designed specifically for SMBs that form part of the US Defence Industrial Base. Business identity platform
Duna bags €30m
Duna, an identity FinTech founded by former Stripe executives, has raised fresh capital of €30m as it looks to tackle one of the most persistent challenges facing digital business: trusted and reusable business identity.
The company announced it has secured €30m in a Series A funding round led by CapitalG, Alphabet’s independent growth fund.
Existing backers Index Ventures, Puzzle Ventures and Frank Slootman, chairman of Snowflake, also participated in the round.
Bound raises $24.5m Series A
Bound, an automated FX risk management platform, has raised $24.5m in a Series A funding round to help businesses protect against increasing currency volatility as geopolitical and economic uncertainty accelerates.
The funding round was led by AlbionVC, with participation from Notion Capital and GoHub Ventures, alongside continued backing from existing investors. The capital will be used to support Bound’s expansion across Europe and further develop its automated, perpetual FX hedging technology.
InsurTech Pasito lands $21m
Pasito, an InsurTech company focused on AI-native workflows for group health, life and retirement benefits, has raised $21m in new funding to accelerate automation across the benefits ecosystem.
The New York-based firm secured the Series A round led by global software investor Insight Partners, with participation from Y Combinator and insurance-focused MTech Capital, according to Beinsure.
Exponent Financial secures $20m
Exponent Financial, a technology-driven lender and financial management platform focused on franchise operators, has secured a new revolving credit facility from Jovian Capital Management to support the expansion of its lending capabilities.
Exponent has historically established credit facilities to support the issuance of business credit cards for franchise operators nationwide.
With this latest facility, the company is broadening its focus beyond cards and into term lending, enabling it to address a wider range of financing needs for operators managing complex, multi-brand portfolios.
EnFi secures $15m Series A
EnFi, an AI-native platform delivering agents to automate end-to-end commercial lending workflows, has raised $15m in Series A funding.
The funding round brings EnFi’s total capital raised to $22.5m and was led by FINTOP, with participation from Patriot Financial Partners, Commerce Ventures, Unusual Ventures and Boston Seed Capital. The investor group collectively works with more than 150 financial institutions.
RegTech Nullify secures $12.5m
Nullify, an AI-driven product security RegTech company building what it describes as the world’s first autonomous AI workforce for security teams, has closed its seed funding round as it looks to scale growth across global software businesses.
The company has raised $12.5m in the round, which was led by SYN Ventures, with participation from existing investor Black Nova Venture Capital.
As part of the investment, SYN Ventures operating partner Glenn Chisholm has joined Nullify’s board of directors. The latest raise brings Nullify’s total capital raised to $16.9m.
Bits secures €12m
Bits, a compliance infrastructure platform, has raised €12m in Series A funding to speed up product development and support European expansion.
The round was led by Alstin Capital, with participation from Cherry Ventures, Unusual Ventures and Alliance Ventures. Haval van Drumpt, chief executive of Tre Sweden, also invested.
Bits said the funding will be used to deepen automation across financial crime workflows, expand coverage of additional regulatory and data sources, and scale commercial operations across key markets.
Wonder secures $12m venture debt
Wonder, a Hong Kong-based FinTech and payments platform for merchants across Asia Pacific, has secured new venture debt financing to support its regional growth, product development and instant settlement capabilities. T
he company has raised $12m in multi-year venture debt from HSBC Innovation Banking in Hong Kong. The capital will be used to accelerate Wonder’s expansion across the Asia Pacific region, enhance its T+0 instant settlement offering and continue developing its payments and FinTech products.
Incard bags £10m
Incard, a London-based financial platform for high-growth digital companies, has closed a new funding round on £10m.
The company has raised £10m in Series A funding led by Smartfin, with participation from Founders Capital, MountFund and a group of angel investors, said TechEU.
APEXX Global raises $10m
APEXX Global has announced a new strategic investment to support its next phase of international growth, raising $10m.
The FinTech has secured up to $10m in funding from Finch Capital, a European growth investor specialising in payments and financial technology companies with ambitions to scale across global markets.
Founded to simplify and optimise the increasingly complex payments landscape, APEXX Global provides enterprise merchants with access to the global payments ecosystem through a single API.
Advance bags $8.55m
Advance, a FinTech platform focused on insurance payments and premium management, has raised $8.55m in seed funding as it looks to modernise how insurance intermediaries manage and move money.
The funding round was led by nvp Capital, with participation from Crystal Ventures, Vesey Ventures and Mensch Capital, according to FF News. Strategic angel investors also joined the raise, including Assaf Wand, the former CEO and founder of Hippo Insurance.
Sidekick secures £7.8m in Series A
Sidekick, a UK-based wealthTech company designed for professionals whose finances are becoming more complex as their incomes and assets grow, has raised £7.8m in Series A funding to scale its investing products and widen access to tools traditionally offered by private banks.
The funding will also support team growth, accelerate product development and underpin continued customer expansion.
As part of this growth, Sidekick is building out its operations in Cardiff with support from the Development Bank of Wales, creating roles across customer service, compliance and operations.
enclaive secures €4.1m
Berlin-based cybersecurity company enclaive, which provides confidential computing solutions for sensitive data and applications, has closed a €4.1m Seed funding round to bring its multi-cloud security platform to more organisations.
The Seed round was co-led by Join Capital and the Amadeus APEX Technology Fund, with participation from Auriga Cyber Ventures.
The investment will be used to accelerate sales and marketing, expand functionality within the company’s Multi Cloud Platform (eMCP), and support further international growth.
HAQQ Legal AI bags $3m
HAQQ Legal AI, a company building an operating system for the legal industry, has announced it has raised a total of $3m to date as it accelerates the development and global rollout of its Legal AI and practice management platform.
The funding round was led by Sowlutions Ventures, with participation from HITEK Ventures, Corona Legal, IM FNDNG, Highworth, Razor Capital, SYMAX, Hamady Trust and a group of strategic partners.
Taxnova joins a16z Speedrun after $1m
Taxnova, a FinTech startup using AI to streamline R&D tax relief claims, has launched publicly after entering the a16z Speedrun accelerator and raising $1m in pre-seed funding.
The funding round was backed by a16z Speedrun, s16vc, Karaoke Club and 20 operators from technology companies.
Foresight backs AsiaVerify
AsiaVerify, a RegTech intelligence platform focused on Asian corporate verification, has secured a growth capital investment from Foresight Group to support expansion and product development.
Following the investment, AsiaVerify plans to hire across sales, marketing and customer success, building on strong growth achieved with limited commercial resources to date. Continued investment in product development will also support customers seeking to identify and onboard new suppliers.
CyberFOX lands major growth financing
CyberFOX, a cybersecurity software provider focused on managed service providers and public sector organisations, has announced a nine-figure growth investment to accelerate the expansion of its next generation cybersecurity platform.
The investment was led by software specialist Level Equity, with participation from Radian Capital and continued backing from CyberFOX’s founders, Dave Bellini and Adam Slutskin.
This marks the first time the company has raised external capital and follows a period of rapid growth for the business.
