Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals. 

This represented a significant drop from the previous weeks. A total of $914m was raised across 17 deals the previous week and an impressive $2bn in 22 deals in the week prior to that. 

The drop in funding is down to a lack of major funding rounds, with only one deal exceeding $100m. The top deal of the week was the $120m Series C round of RegTech company Norm AI. The investment, which saw Norm AI join the unicorn club with a $1.2bn valuation, was led by Khosla Ventures.

Norm AI was not the only FinTech to earn its horn this week, with PayTech giant Super.com also surpassing the $1bn valuation mark. The savings super app closed its Series D round on $65m, which put its valuation at $1.2bn.

The WealthTech sector proved to be the dominant force this week, accounting for half of the deals. These were EDX Markets, Super.com, Grace Investment Machine, Infinia and Stoa. Following close behind was the RegTech sector, which recorded three deals (Norm AI, Tangos and Kord).

The remaining two deals of the week were into marketplace lending company Aria and infrastructure and enterprise software provider QIZ Security.

Research from FinTech Global this week found that global WealthTech funding dropped 67% YoY in Q2 2026. A total of $932m was raised across 151 deals in the quarter, which was down from $2.8bn across 137 deals in Q2 2025.

Global WealthTech top deals Q2 2026

In terms of locations, the US was the leading market with four deals in total (Norm AI, EDX Markets, Super.com and Qiz Security). The UK was the only other to record multiple deals, housing Kord and Stoa.

Other countries represented this week were France (Aria), China (Grace Investment Machine), Israel (Tangos) and Uruguay (Infinia).

Here are the 10 FinTech funding rounds covered on FinTech Global this week

Norm Ai raises $120m to expand AI-native legal platform

Norm Ai, an AI legal technology company, has raised $120m in Series C funding at a $1.2bn valuation to expand its AI-native legal platform and accelerate the deployment of AI agents across regulated industries.

The funding round was led by Khosla Ventures and included participation from Blackstone, Bain Capital Ventures (BCV), Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James, Jeff Hammes and Fenwick LLP, bringing the company’s total funding to more than $260m since it was founded less than three years ago.

Norm Ai was designed to embed legal and regulatory requirements into AI agents by combing AI engineering with legal expertise. Its affiliated AI-native law firm, Norm Law, LLP, leverages these AI agents to provide legal services, with senior lawyers supervising and refining AI-generated work.

The company said organisations representing more than $30trn in assets under management now use its platform. Alongside supporting legal teams, Norm Ai’s technology is increasingly being deployed to oversee AI systems operating in regulated environments, providing governance and compliance oversight as businesses expand their use of AI.

The funding will be used to increase hiring, broaden legal practice coverage and further develop supervisory AI agents designed to monitor enterprise AI deployments.

Norm Ai said its approach differs from traditional legal service models by combining AI with legal expertise and pricing services based on outcomes rather than billable hours.

EDX Markets secures $76m Series C led by SBI Holdings

EDX Markets, a digital asset technology firm operating an institutional-only trading venue alongside a central clearinghouse, has wrapped up a $76m Series C funding round.

The round was headed by Japanese financial services group SBI Holdings, which joins the company as a strategic partner.

The fresh capital will be channelled into strengthening EDX’s trading, clearing and settlement functions, speeding up product development and growing the firm’s operations internationally. With institutions increasingly moving into digital assets, EDX aims to serve this demand by pairing digital asset innovation with the transparency, resilience and risk management standards familiar to traditional finance.

The deal also reflects SBI Holdings’ wider push into regulated digital asset infrastructure. The Japanese group recently introduced JPYSC, the country’s first yen stablecoin backed by a trust bank, adding to its growing portfolio of regulated digital asset offerings.

EDX describes itself as a firm that pairs an institution-only marketplace with central clearing. Its flagship venue, EDX Markets, is built to mirror the world’s most advanced exchanges, offering deep liquidity, firm pricing and low-cost trading, while its structure is designed to reduce risk for members and deliver capital and operational efficiencies. The business is supported by leading trading and venture capital firms and is broadening its geographic footprint.

Super.com hits $1.2bn valuation after $65m Series D

Super.com, the savings super app designed for everyday Americans, has closed a $65m Series D round that values the business at $1.2bn.

The round was led by TPG, and the fresh capital will be used to further the company’s goal of returning more money to the pockets of millions of American households.

The company’s proposition is founded on the idea that rewards schemes have traditionally favoured those least in need of them, such as high earners with strong credit scores.

Super.com reverses that dynamic, giving substantial, tangible perks to ordinary consumers whatever their income level or credit background.

Since launching in 2016, the app claims to have generated over $1bn in direct savings for its users, and NASCAR recently appointed the company as its official savings partner, putting the app in front of the sport’s 70 million fans.

Central to the offering is Super+, the company’s flagship membership, which is nearing one million subscribers. Likened by the company to a Costco membership, it bundles more than 15 benefits spanning saving, earning and credit building for one low monthly charge.

The new funding will be channelled into broadening what Super+ members can access, with the company investing in fresh product categories aimed at boosting household finances.

Super.com is also stepping up its AI spend to personalise the membership experience, with its redesigned app now recommending the most relevant money-saving action each time a member opens it, for instance, surfacing hotel deals and activities after a flight booking, or credit-building options following a cash advance.

GIM raises $20m to scale agentic AI investing

Grace Investment Machine (GIM), an AI-native investment technology company developing agentic systems for capital markets, has raised $20m in Series A funding as it moves its autonomous investing technology into live execution.

The round was co-led by a US venture capital firm and Hony Capital, with participation from IDG Capital and existing investor Monolith Capital. The raise marks GIM’s third funding round within its first year of operations.

GIM is developing agentic AI systems designed to support investment decision-making by generating, testing and refining market hypotheses through continuous feedback loops. Unlike traditional AI tools focused on research assistance, the company’s technology aims to create systems capable of adapting investment strategies based on real-world market outcomes.

The company said capital markets provide a unique environment for training agentic AI, as investment decisions generate measurable results that can be used to improve future performance.

Can AI close the FinCrime investigation gap Tangos bets $20m

Tangos AI, an autonomous AI platform for financial crime investigations, has secured $20m in seed funding as it looks to tackle one of compliance’s most stubborn bottlenecks.

Red Dot Capital Partners led the round, joined by Leaders Fund, Clarim, Venture Israel, Signal Fire, Clutch Capital and Selah Ventures, alongside a strategic cheque from Bright Data.

The raise arrives against a stark backdrop. Illicit proceeds from financial crime are thought to exceed $1.5tn each year, yet banks and other institutions are contending with swelling alert queues, tougher regulatory demands and a worldwide scarcity of seasoned investigators. The consequence is that many firms can only pursue a small share of the cases that merit attention, allowing meaningful risk to go unexamined.

The company’s platform allows banks, FinTech firms, government bodies and intelligence agencies to run intricate investigations at greater speed, precision and scale. Its capabilities span probing suspicious activity and compliance alerts, assessing sanctions, anti-money laundering and fraud exposure, uncovering beneficial ownership structures and concealed connections, mapping webs of entities, accounts and counterparties, corroborating evidence across multiple sources, and producing regulator-ready reports with full audit trails.

Bessemer backs QIZ’s $17m bid to tame quantum cyber risk

QIZ Security, the cryptographic posture and Post-Quantum Cryptography (PQC) management platform, has closed a $17m seed round as businesses race to shield their encryption from the looming quantum threat.

The round was led by Bessemer Venture Partners and Merlin Ventures, with Evolution Equity Partners, Qbeat Ventures, Singtel Innov8 and Qino Cyber Capital also taking part. The New York-based firm intends to use the capital to fuel its expansion, deepen product development and strengthen its market position as companies confront the shift away from encryption systems vulnerable to quantum attack.

QIZ delivers continuous cryptographic posture and PQC management for complex enterprise estates, letting firms instantly locate cryptographic assets, model risk and enforce remediation across hybrid infrastructure to achieve full crypto-agility. It was founded by Ben Volkow, Lenny Ridel and Dr Itan Barmes, the latter having previously headed Deloitte’s Global Quantum Cyber Readiness Team.

The company is gaining ground across financial services, telecommunications, healthcare and critical infrastructure, counting some of the world’s biggest brands as customers, and has assembled partnerships with the likes of Cisco, AWS, Google, CrowdStrike, Deloitte, EY and IBM.

Infinia bags $13.5m to link banks with digital assets

Infinia, a digital finance infrastructure company that connects conventional banking systems with digital asset rails, has secured $13.5m in a Series A funding round.

The oversubscribed raise was headed by Bain Capital and Variant Fund. Additional backers included Y Combinator, Lattice, Varrock, Reverie, Decacorn, G2, and Tekton Ventures.

Infinia plans to deploy the fresh capital towards obtaining further regulatory licences across its regions and speeding up its growth in its principal markets of Latin America, Africa and Asia.

Although enterprises conducting cross-border trade are increasingly turning to stablecoins for round-the-clock settlement, these digital currencies remain cut off from domestic fiat systems such as Pix in Brazil or SPEI in Mexico.

Infinia addresses this by constructing the technical and regulatory connections that tie legacy clearing routes to the efficiency of digital ledgers. Its architecture is built with compliance at its core, taking on the burden of fragmented local KYC/KYB requirements and regional banking complexity, while enabling automated settlement across multiple currencies and continuous real-time treasury netting.

Aria raises €7m ($8m) and secures €240m facility for invoices

Aria, the Paris-based embedded invoice financing platform, has secured a €7m Series A extension alongside a new €240m debt facility as it looks to expand its financing capacity and combat the late payments crisis affecting businesses across Europe.

The equity injection was headed by 115K, La Banque Postale’s venture capital arm, alongside existing backer 13books Capital, taking the company’s overall Series A haul to €22m. As part of the deal, 115K will join Aria’s board.

The fresh funds are earmarked for AI tooling investment, recruitment, and bringing new clients onto the platform.

The debt facility is split between two vehicles. The main structure is a bankruptcy-remote securitisation fund led by Nomura with Fost also participating. Under this arrangement, Aria purchases invoices from suppliers and passes the receivables into the fund, which then issues investor securities backed by the future payments of buyers. Once buyers pay their invoices, the money is recycled into financing further purchases. Sienna and Montpensier Arbevel have pledged additional capital through a separate legal vehicle.

The company intends to deepen its footprint in industries hit hardest by payment delays, such as transportation, manufacturing and construction.

Kord raises £6.4m ($8.5m) to fight AI fraud in regulated sectors

Kord, a UK-headquartered FinTech offering a single platform for client onboarding, identity checks and payments, has closed a £6.4m Series A round to tackle AI-enabled fraud and streamline transactions across regulated sectors.

Guinness Ventures headed the investment, which also drew backing from Beringea, SFC Capital and a group of angel investors. The raise lifts Kord’s cumulative funding to £9m, with the fresh capital earmarked for expanding the team and accelerating product development as the firm pursues new customers.

The company points to the significant economic damage caused when major transactions, such as house purchases or legal settlements, collapse because of administrative bottlenecks. In the UK, more than half a million housing deals fail each year, generating a £950m blow to the economy and £560m in costs to consumers, it said.

Kord’s answer is to let firms in regulated markets verify identities and finalise transactions digitally, removing the delays that legacy systems create. Rather than firms juggling multiple disconnected tools, the platform brings together ID verification, AML and compliance screening, onboarding, document signing and payment processing in one place, helping clients cut costs, onboard faster and remain compliant as regulation evolves.

Stoa lands $2.4m to reward savers with upfront perks

Stoa, a UK-based FinTech that helps consumers and SMEs draw everyday value from dormant deposits, has secured $2.4m in pre-seed funding to scale its cash management platform.

Bespokeist Partners and Ingenii Capital co-led the investment, which also drew backing from Force Over Mass Capital and Fuel Ventures. A group of senior angels from the financial services world joined the round as well, among them Suneel Hargunani, previously of Citi, and Rachel Sestini, a partner at Shaw Gibbs group and co-founder of Canopy Capital, along with other figures from major global institutions.

The startup’s proposition blends behavioural finance with embedded banking infrastructure and merchant partnerships, positioning itself as a fresh distribution and engagement layer connecting banks, brands and their customers. The service has already gone live in the UK for both individual and business users. Savers can lock money into fixed-term “Stoa Pots” and, instead of depending purely on conventional interest, immediately receive perks and rewards from participating brands. Funds sit with regulated banking partners, and eligible balances carry FSCS protection.

According to the company, attitudes towards cash are shifting quickly. It points to over £600bn sitting in low-yield or non-interest-bearing consumer accounts across the UK, plus a further £250bn-plus in SME reserves. Across the Atlantic, Stoa reckons more than $1trn is parked in low or zero-interest SME accounts in the US, with considerably more spread across consumer current and checking accounts.

The firm is already building partnerships and holding strategic conversations in the US as it plans its entry into that market alongside continued UK growth.

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