This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals.
This marks a second consecutive week of funding that tipped over the $1bn mark, after $1.2bn was raised across all deals last week.
The leading raise this week came from Dream, a CyberTech firm that has former Austria Chancellor Sebastian Kurz as its president. The company raised a powerful $260m as the AI race continues to heat up.
Another leading light this week was RegTech firm Behavox, who secured $175m in preferred equity, with the aim of expanding internationally and broaden its reach.
It was a strong week for RegTechs, financial infrastructure firms and CyberTechs as they all pulled in four deals each. Meanwhile, WealthTechs recorded three of the deals and PayTechs only two.
The US was once again the dominant nation in total FinTech funding rounds, securing ten deals. Singapore, the UK and Israel secured two deals each, and Brazil pulled in one.
With the World Cup well underway, FinTech funding amongst the qualifying nations is proving just as strong as the team’s performances. Across the World Cup-qualifying nations, FinTech activity through to Q1 2026 reached $369.9bn across 27,020 deals. That marks a 34% rise in funding and a 22% climb in deal volume compared with the period to Q1 2025, which recorded $275.7bn across 22,100 deals.
The scale of that expansion, sustained across both metrics, points to a market that has continued to attract capital at pace, even as parts of the broader technology sector have faced a more cautious investor environment.
Here are this week’s deals.
Dream raises $260m
Dream, a sovereign AI and national cyber defence company serving governments and critical infrastructure, has raised $260m in a new funding round, lifting its valuation to $3bn just three years after it was established.
The round was co-led by Bicycle Capital and Group 11, with Antler, Bain Capital Ventures, Tru Arrow Partners and a broader group of international investors also participating. The raise takes Dream’s total contract value to nearly $300m since it began commercial operations in late 2024. The newly secured capital will be directed towards accelerating the rollout of Dream’s sovereign AI and national cyber defence platforms across Europe, the Middle East, Asia and the Americas.
Behavox raises $175m
Behavox, an AI-native controls platform serving global banks, asset managers, hedge funds, and commodity firms, has raised $175m in preferred equity from HPS Investment Partners, a global credit investment firm operating as part of BlackRock.
The funding will be used to accelerate Behavox’s international expansion, broaden its Unified Controls Platform, and pursue disciplined mergers and acquisitions. HPS joins an existing roster of institutional backers that includes SoftBank, Citigroup, Index Ventures, and Hoxton Ventures.
Alongside the investment, Behavox fully repaid and retired a $70m venture-debt facility with Hercules Capital, which had been secured in autumn 2024 to support strategic expansion.
Chronograph secures $140m+
Chronograph, a global provider of portfolio monitoring, valuations and analytics technology for private capital limited partners (LPs) and general partners (GPs), has secured a minority growth equity investment of over $140m from Sixth Street Growth, the dedicated growth investing platform of Sixth Street.
The funding will be directed towards expanding Chronograph’s AI product suite, accelerating a new private credit portfolio monitoring platform, and growing the company’s international presence.
Existing investors, Summit Partners, Carlyle AlpInvest, Nasdaq Ventures and Sidekick Partners, will all retain minority stakes in the company following the transaction.
Ent’s $100m seed signals a shift in cybersecurity thinking
Ent, an intent-aware workspace security company, has emerged from stealth with $100m in seed financing, aiming to shift the cybersecurity industry’s focus from reaction to prevention in an era of AI-accelerated attacks.
The round was led by Decibel, with participation from Sequoia, Crosspoint Capital Partners, Craft Ventures, Shield Capital, Felicis, and In-Q-Tel (IQT).
Ent’s platform is designed to identify and intervene in risky behaviour by both humans and AI agents before those actions escalate into security incidents.
Current raises $80m Series E at $1.5bn valuation
Current, a US consumer FinTech platform focused on improving the financial wellbeing of everyday Americans, has closed an $80m Series E equity round at a valuation of $1.5bn, with Springcoast Partners leading the investment.
The financing also attracted support from existing backers including Andreessen Horowitz, Tiger Global Management, Avenir, Foundation Capital, Wellington Management, Sapphire Ventures and QED Investors. As part of the deal, Springcoast Partners will take a seat on Current’s board of directors.
Alongside the equity raise, Current expanded its financing arrangement with Cross River, increasing capacity to scale its liquidity and credit products to meet growing customer demand.
$66m bet on fixing enterprise identity for the AI era
NewCore, a security-first identity platform built to govern humans, machines, and AI agents within the enterprise, has emerged from stealth with $66m in funding, marking one of the most significant early-stage bets on identity security for the agentic era.
The seed round was backed by Cyberstarts, Index Ventures, and Evolution Equity Partners. The company was founded by a team of cybersecurity and enterprise IT veterans whose prior track record includes the acquisition of Dome9 by Check Point.
NewCore argues that identity has become the primary attack surface across enterprise environments.
Interchecks raises $50m to accelerate instant payments
Interchecks, an instant payments platform serving sportsbooks, FinTech firms and financial institutions, has closed a $50m Series C funding round and launched a new account funding product aimed at eliminating deposit friction for digital finance businesses.
The round was led by Bettor Capital, Commerce Ventures, Decades Holdings and Thayer Street Partners. Alongside the capital raise, the company announced the general availability of Account Funding Transactions (AFT), a product that allows businesses to fund eligible accounts via debit credentials, with processing built to support fast and secure funding experiences.
The launch rounds out Interchecks’ platform to cover the complete lifecycle of money movement for its clients.
Apis Partners backs BIPO with $50m growth investment
Apis Partners, a private equity firm focused on tech-enabled financial infrastructure businesses, has committed $50m to BIPO, a Singapore-headquartered payroll and HR platform, to fund international expansion, mergers and acquisitions, and the build-out of embedded financial services.
The capital injection will be used to accelerate BIPO’s push into key international markets, particularly emerging and high-growth economies, while also funding targeted M&A activity aimed at broadening the company’s global capabilities. The investment is the ninth from Apis Growth Fund III, which reached its final close at $1.23bn.
Trace Finance raises $32m
Trace Finance, a regulated financial infrastructure provider for cross-border payments and stablecoin settlement, has closed a $32m Series A funding round led by CoinFund to scale its operations across Brazil, the United States and emerging markets.
The round drew participation from Coinbase Ventures, Haun Ventures, Jump Crypto, Valor Capital, Paxos and HOF Capital, among others. Strategic backers Chainlink Labs and SNZ Capital also joined the round, alongside a group of prominent industry founders including Sean Neville, co-founder of Circle; Anatoly Yakovenko, co-founder of Solana Labs; Bam Azizi, co-founder and CEO of Mesh; and Ricardo Villela Marino, partner and vice chairman of Itaú Unibanco, Latin America’s largest bank.
Choco Up secures $15m credit facility for Singapore SMEs
Choco Up, Asia’s growth financing platform, has secured a $15m credit facility from AlteriQ Global, a private credit investment company, to expand access to capital for Singapore’s small and medium-sized enterprises (SMEs).
The facility has already seen its first drawdown completed and is expected to reach around 500 Singapore SMEs through growth and working capital financing solutions. The announcement has been timed ahead of United Nations MSME Day on 27 June, which recognises the contribution of entrepreneurs and small businesses to economic growth, employment and innovation.
Flagright’s Series A bets on AI-led compliance shift
Flagright, an AI-powered financial crime compliance platform, has closed a $12.5m Series A funding round as it moves to establish itself as the infrastructure standard for regulated institutions managing financial crime risk.
The round was led by Infinity Ventures, with participation from Sella and continued support from existing backers Frontline and Y Combinator. The capital will be directed towards expanding explainable AI capabilities across compliance operations and strengthening the company’s presence in the US market.
Flagright intends to deepen AI functionality across investigation workflows, alert intelligence, rule optimisation, decision support, and audit-ready processes.
Magnitude raises $10m to automate third-party risk
Magnitude, an autonomous AI workforce provider for third-party risk management (TPRM), has emerged from stealth after securing $10m in seed funding led by Ballistic Ventures.
The round was led by Ballistic Ventures, with the company founded by a team of AI and security professionals who previously held roles at Amazon, Abnormal AI, Proofpoint, and Pandora. Magnitude says it is launching what it describes as the world’s first autonomous AI workforce purpose-built for TPRM teams.
Waniwani raises $8m to power AI financial distribution
Waniwani, a San Francisco-based revenue and compliance infrastructure provider for the agentic distribution of financial services, has closed an $8m seed funding round to accelerate its position at the intersection of AI and regulated financial product distribution.
The round was led by Seedcamp, with further investment from Redstone, Plug & Play, Zone II Ventures, OPRTRs Club and Kima Ventures, as well as a broader group of angel investors. Venture studio Hexa also backed the company. Waniwani was co-founded by Robin Diligent, Maxime Antoine, Luiza Gusmao and Raphael Vullierme.
Tenet Security raises $6m
Tenet Security, a North America-based CyberTech startup focused on protecting autonomous AI agents from attack, has emerged from stealth with $6m in seed funding.
The round was co-led by The Westly Group, an early backer of SentinelOne, and MizMaa Ventures. The capital will fund ongoing product development, the expansion of Tenet Threat Labs, growth of the company’s North American go-to-market operations, and broader coverage across emerging AI agent frameworks and enterprise environments.
At the centre of Tenet’s offering is a patent-pending capability called Agent-side Simulation, which models an agent’s probable next actions before they are carried out against live systems. Where a potential action appears dangerous, the platform can step in ahead of execution and generate a trace that records the reason for the block.
Copper secures $5m
Mercurius Media Capital (MMC), the first US-based pooled media-for-equity fund, has made a $5m media-for-equity investment in Copper, a financial empowerment platform helping Americans earn rewards and make better financial decisions.
The funding will give Copper access to MMC’s premium media network and advertising inventory, with the aim of speeding up customer acquisition, broadening brand awareness, and continuing to invest in product development as the company grows across the US.
Founded by FinTech entrepreneurs Eddie Behringer and Stefan Berglund, Copper has built a diversified consumer platform that combines rewards, commerce, receipt intelligence, and AI-driven shopping experiences. Its stated mission is to reduce the economic gap by making earning money accessible and rewarding for all.
Sovra raises $2m+ pre-seed
Sovra, a FinTech platform offering users a self-custodial global dollar account, has closed a pre-seed funding round of more than $2m.
The round was led by Pharsalus Capital, with participation from a group of prominent regional and global angel investors. These include Naguib S. Sawiris, chairman of Orascom Development Holding AG; Karim Atiyeh, co-founder of Ramp; Hisham Al-Falih, founder of Lean Technologies; and Hany Rashwan, founder of 21Shares, alongside additional angel investors.
The capital raised will go towards engineering and product development as Sovra prepares for its public launch. The platform’s waitlist is currently open at sovra.money, and the company operates with a distributed team spanning the Middle East and Europe.
Ripple invests in Flutterwave’s Series E round
Flutterwave, Africa’s leading payments infrastructure company, has announced a strategic investment from Ripple, a provider of blockchain-based enterprise solutions, as part of its Series E funding round, valuing the firm at $3.2bn.
The investment sees Ripple’s USD-denominated stablecoin RLUSD, its payments network, and the XRP Ledger (XRPL) integrated into Flutterwave’s payment infrastructure. The deal forms part of Flutterwave’s broader Series E fundraise, with further strategic announcements expected in the coming months.
