Just over $500m – $544m – was raised this week in the FinTech sector, spread across a healthy 22 deals recorded by FinTech Global.
This was down considerably on last week’s $1.29bn haul, brought in by a total of 18 deals. Despite this, the continued number of investments represents a healthy investment into the ever-growing sector.
The biggest raise this week was seen by UK FinTech Allica Bank, who were able to raise an impressive $155m in a Series D, boosting the firm’s unicorn status.
Geographically, the US dominated this week’s funding rounds, recording an impressive total of 13 deals. Meanwhile, the UK, Israel and India all pulled in two deals a piece. Germany, Zambia and Morocco pulled in one deal.
The WealthTech sector was the most dominant this week, bringing in a total of six deals. Trailing behind on five-a-piece were financial infrastructure and PayTech. InsurTech, RegTech and CyberTech, meanwhile, saw two deals brought in.
One market seeing strong FinTech investment growth currently is the UK. Research from FinTech Global this week found that whilst the UK FinTech sector experienced a decline in deal activity in Q4 last year, it saw strong growth in funding compared to the same quarter last year.
A total of 53 deals were recorded in Q4 2025, representing an 18% decrease from the 65 deals completed in Q4 2024. In contrast, funding rose significantly, with FinTech firms raising $2bn in Q4 2025, a 73% increase from the $1.2bn raised in Q4 2024.
Here are this week’s deals.
UK FinTech Allica Bank raises $155m
Allica Bank, a UK-based digital bank focused on serving established small and medium-sized businesses (SMBs), has secured fresh capital of $155m.
The company has raised $155m in a Series D funding round led by Ventura Capital, with participation from GLG, Sona AM and existing backers TCV and Blue Owl.
The majority of the funding has been structured as common equity, alongside a portion of new additional Tier 1 equity capital. The raise values the FinTech at close to $1.2bn.
Basis raises $100m Series B
Basis raises $100m Series B at a $1.15bn valuation to expand its AI agent platform for accountants.
The round was led by Accel, with participation from GV (Google Ventures) and Lloyd Blankfein. Existing backers Khosla Ventures and others also doubled down on their investment.
Additional investors include NFDG, Better Tomorrow Ventures, BoxGroup, Avid Ventures, and a number of prominent technology executives including Jeff Dean, chief scientist at Google, Jeff Wilke, former CEO of Amazon Consumer, and Adam D’Angelo, CEO of Quora and board member at OpenAI, among others.
Gambit Security raises $61m
Gambit Security, an AI-native enterprise resilience platform, has emerged from stealth with $61m in seed and Series A funding raised in under 12 months from Spark Capital, Kleiner Perkins, and Cyberstarts.
The company’s platform connects to all environments, security solutions, and backup tools to autonomously map an organisation’s infrastructure and backup data, identifying gaps that put continuity at risk.
Despite most enterprises having extensive backup coverage, Gambit Security found that only around 5% of systems were resilient against ransomware attacks.
Rowspace launches with $50m
Rowspace, an AI platform that helps financial firms make faster decisions using their proprietary data, has launched with $50m in funding across a seed round and Series A.
The Series A was co-led by Sequoia and Emergence Capital, with the seed round led by Sequoia. Additional participants across both rounds include Stripe, Conviction, Basis Set, Twine, and a number of angels from across the finance industry.
The platform connects structured and unstructured data across a firm’s entire history — spanning document repositories, investment and accounting systems, and data infrastructure — and applies a finance-native lens that reflects how a firm reconciles information, interprets discrepancies, and makes decisions.
Harper raises $47m
Harper, an AI-powered commercial insurance brokerage, has raised $47m in combined seed and Series A funding.
The round was led by Emergence Capital, with participation from Y Combinator, Peak XV, Antler, 10X Founders, Fellows Fund, and Outset Capital.
The company also noted the Series A represents the largest publicly disclosed Series A raised by a Black founder.
Astelia bags $35m
Astelia, a cybersecurity platform founded by former leaders of Israel’s National Red Team, has raised fresh capital as enterprises grapple with a surge in AI-driven cyber threats and mounting vulnerability backlogs.
The company has secured $35m in combined seed and Series A funding. The round was led by Index Ventures and Team8, with participation from Holly Ventures. Astelia said it is already working with dozens of customers, including several Fortune 500 companies, as demand grows for more targeted approaches to vulnerability management.
Xflow raises $16.6m Series B
Xflow, India’s leading B2B cross-border payments platform, has raised $16.6m in a Series A funding round at an $85m valuation, becoming the first Indian FinTech backed by both Stripe and PayPal Ventures.
The round was led by General Catalyst, with participation from existing investors Square Peg, Stripe, Lightspeed, and Moore Capital, alongside new investor PayPal Ventures.
The raise brings Xflow’s total funding to over $32m, making it India’s best-capitalised cross-border payments platform, it claims.
Inscope secures $14.5m Series A
Inscope, an AI-powered financial reporting platform serving accounting firms and enterprises, has raised $14.5m in a Series A round to replace manual financial statement preparation workflows.
The funding round was led by Norwest, with participation from Storm Ventures, existing investors Better Tomorrow Ventures and Lightspeed Venture Partners, alongside strategic operators from finance and enterprise software.
Cicada raises $13.5m
Cicada, a US-regulated electronic trading platform connecting institutional capital to Latin American local-currency markets, has raised $13.5m in a Series A funding round.
The round was led by Citi, with participation from Brazilian stock exchange B3 through its independent venture capital arm L4, alongside Kaszek, Dila, and Crestone.
The financing also includes a parallel strategic equity programme designed to anchor liquidity through committed market makers, with leading Wall Street institutions already signed on as early participants.
Hypercore secures $13.5m Series A
Hypercore, a loan management platform for private credit funds, has raised $13.5m in Series A funding led by global software investor Insight Partner.
The $13.5m investment will accelerate the rollout of Hypercore’s AI Admin Agent, which integrates the company’s existing loan management technology with AI agents to deliver end-to-end operational infrastructure for private credit funds.
Insight Partners led the round, while Atinc, which led Hypercore’s Seed round in 2023, continues to back the company as a significant shareholder.
Secfix lands $12m
Secfix, an AI-powered security compliance platform for SMBs and mid-market businesses across Europe, has closed an oversubscribed $12m Series A funding round.
The raise was led by Alstin Capital, with Bayern Kapital and neosfer participating in the round. The oversubscribed nature of the funding reflects growing demand for automated compliance solutions across the European market.
Secfix’s platform addresses security compliance across a broad range of frameworks, including ISO 27001, SOC 2, NIS2, DORA, EU AI Act, TISAX, and GDPR.
Lupiya extends Series A
Zambian neobank Lupiya, an AI-powered digital bank offering loans, payments and investments, has extended its Series A funding round to $11.25m, according to a report from Disrupt Africa.
The extension increases the company’s previously announced $8.25m Series A round to a total of $11.25m, it said.
Dots secures $8.9m
Dots, a global payouts platform for marketplaces and service-based businesses, has raised fresh capital of $8.9m.
The company secured $8.9m in a Series A round led by DCM, with participation from Y Combinator.
Dots positions itself as infrastructure for sending money rather than taking it, providing businesses with tools to deliver payouts across multiple rails and geographies.
AI InsurTech General Magic raises $7.2m
General Magic, an AI agent platform for the insurance industry, has closed a $7.2m seed funding round, bringing its total raised to $8.4m.
The round was led by Radical Ventures, with significant participation from a16z Speedrun, alongside new investment from Figma vice president of product Brendan O’Driscoll and Larry James Erwin from OpenAI.
Comma Capital and a number of prominent operators, including Cohere CEO Aidan Gomez and members of the Braze executive team, also feature among the company’s backers.
Thema raises $6.2m
Thema, a portfolio expansion infrastructure platform for private equity investors, has raised $6.2m in combined funding.
The raise comprises $4.5m in pre-seed capital led by Stride.vc, with participation from KDX, Capital Allocators, and a group of angels spanning private equity, investment banking, and enterprise software — including the former chair of KPMG.
Separately, Thema has been awarded a $1.7m UK government grant in partnership with the University of Cambridge to advance trustworthy AI.
Sherpas secures $3.2m seed
Sherpas, an AI-native infrastructure platform for wealth management firms, has raised $3.2m in seed funding.
The round was led by 1248, the family office of Mariner Wealth Advisors Founder & CEO Marty Bicknell, with significant participation from AUA Private Equity Capital, GoHub Ventures, and a group of strategic investors and advisory firms from across the wealth management sector.
Burst raises $3m seed
Burst, formerly known as Float, a healthcare payments platform designed to help retailers and wellness brands unlock untapped FSA and HSA spending, has raised $3m in total funding, including a $2.1m seed round led by Pear VC.
The seed round also saw participation from Rock Health Capital, Alumni Ventures, and others. The capital will be used to accelerate product development and fuel partnerships with retailers, e-commerce brands, and plan administrators seeking to capture a greater share of health spending.
Finanjo raises ₹1.5 crore
Finanjo, a Jaipur-based full-stack personal finance platform built for young Indians, has closed a pre-seed funding round of ₹1.5 crore (approximately $180,000), fully led by AJVC, the early-stage venture fund managed by Aviral Bhatnagar.
The capital will be deployed to accelerate product development, deepen the platform’s AI capabilities, and expand Finanjo’s user base across India.
Morocco’s Charikaty bags $150k
Moroccan RegTech Charikaty, a digital company formation and compliance platform, has raised fresh capital to accelerate its expansion across the country, as it looks to modernise how businesses are created and managed in Morocco.
The startup secured MAD 1.5m, approximately $150k, during Season 3 of “Qui Veut Investir Dans Mon Projet?”, Morocco’s leading startup investment show broadcast on national channel 2M.
FinTech Plaid raises undisclosed funding
Plaid, a FinTech best known for enabling consumers to connect and share their financial data with banks and apps, has reportedly completed a fresh funding round that values the company at about $8bn.
According to PYMNTS, the company raised the money in a privately-held round, Bloomberg News reported on 26 February 2026, citing people familiar with the matter, but said the exact amount raised was not immediately clear.
Thrive Financial upsizes facility
Thrive Financial, a Virginia-based technology platform for point-of-sale financing of home improvement projects, has announced an upsizing of its financing facility with Macquarie Group.
The company said the expanded financing arrangement increases its borrowing capacity and provides additional capital to back its forward-flow agreements.
BIP Wealth secures strategic investment
BIP Wealth, an Atlanta-headquartered registered investment advisor with more than $5.5bn in assets under management, has secured a strategic minority investment from Constellation Wealth Capital (CWC) to accelerate its organic and inorganic growth plans.
The partnership will see CWC provide flexible, long-term capital to support BIP Wealth’s continued expansion.
The investment builds on BIP’s recent momentum, which includes adding $725m in new organic assets under management in 2025.
