There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so far in 2026.
The leading raise this week taking the headlines was by consumer-first privacy and security outfit Cloaked, who secured a staggering $375m in a Series B and growth financing haul.
The sector that secured the most deals this week was the CyberTech industry, that saw nine deals. Following behind in second was WealthTech – with four deals. Financial infrastructure and PayTech firms pulled in three a-piece. InsurTech, Blockchain, RegTech and ESG firms all brought in one deal.
The US dominated in FinTech deals this week, securing seventeen deals in total across the entire stretch. Singapore pulled in two deals, whilst Germany, the UK, Dubai and Brazil each brought in one.
Research by FinTech Global this week found that the US RegTech sector experienced a powerful fourth-quarter of 2025, with the sector recording 294 transactions, representing an increase of 29% from the 228 deals completed in 2024.
Total investment also rose, with funding increasing to $5.9bn in 2025 from $5bn in 2024, reflecting a 17% uplift in capital deployed.
Across the pond, European FinTech funding surged YoY in Q4 2025. In Q4 2025, the European FinTech sector recorded 175 transactions, representing a decline of 10% from the 194 deals completed in Q4 2024. Despite the reduction in deal volume, total funding increased significantly to $4.8bn in Q4 2025 from $3bn in Q4 2024, reflecting a 63% rise in capital raised.
The divergence between falling deal activity and stronger funding levels indicates a shift towards larger individual transactions during the quarter, suggesting investors concentrated capital into fewer but higher-value deals across the European FinTech market.
Here are this week’s deals.
Cloaked bags $375m
Cloaked, a consumer-first privacy and security platform, has raised $375m in a combination of Series B funding and growth financing through General Catalyst’s Customer Value Fund.
The round was led by General Catalyst and Liberty City Ventures, with a broad coalition of investors also participating, including Lux Capital, Human Capital, Marquee Ventures, Fifth Growth Fund, NFL Players Association, LG Technology Ventures, Assurant Ventures, and DuckDuckGo, among others.
The company has built what it describes as a comprehensive privacy platform designed to give individuals back control of their personal data, taking on what it calls “data parasites” at every point of attack.
Trusted by more than 350,000 users, the platform has grown more than tenfold over the past year. It operates across three core areas: virtual identities, which generate unique phone numbers, email addresses and passwords on demand; an automated data removal tool that continuously wipes personal information from data broker and people-search sites; and Call Guard, an AI-powered screening system that detects and blocks spam, scam and fraudulent calls in real time.
Upvest secures $125m
Upvest, an API-first investment infrastructure provider, has secured $125m in new financing to accelerate the modernisation of legacy banking systems across Europe and the UK.
The raise comprises a $90m equity round led by Sapphire Ventures and Tencent, with continued backing from existing investors Bessemer Venture Partners and BlackRock.
The Berlin-based company is also finalising a $35m debt facility to further bolster its capital base.
XBOW raises $120m Series C
XBOW, an autonomous offensive security company founded in January 2024, has raised $120m in a Series C funding round, valuing the business at over $1bn.
The round was led by DFJ Growth and Northzone, with new investors Sofina and Alkeon Capital also participating. Existing backers Altimeter, NFDG Ventures and Sequoia Capital took part as well.
As part of the investment, DFJ Growth venture partner Ramin Sayar will join XBOW’s board of directors, bringing experience from his time as the former CEO of Sumo Logic to help the company scale operations and expand into the enterprise market.
Oasis Security lands $120m
Oasis Security, a cybersecurity firm specialising in non-human identity and agentic access governance, has raised $120m in a Series B funding round, bringing its total funding to $195m.
The round was led by Craft Ventures, with participation from existing investors Cyberstarts, Sequoia Capital, and Accel. The investment reflects growing recognition across the enterprise sector that managing access in an increasingly AI-driven infrastructure demands a fundamentally different approach to security.
The company has built a platform designed to govern how AI agents and machine identities interact with critical enterprise systems. With machine identities now outnumbering human ones by a ratio of 82 to 1, according to figures from Palo Alto Networks, the traditional tools built to manage user access are increasingly ill-suited to the demands of modern infrastructure.
Surf AI raises $57m
Surf AI, an agentic operations platform built for modern security teams, has launched with $57m in funding aimed at accelerating the development of its AI-native security execution capabilities.
The raise was led by Accel, with participation from existing backers Cyberstarts and Boldstart Ventures. The proceeds will be directed towards product development, team expansion, and scaling to support broader enterprise adoption.
Founded in 2024 by a team of veterans from the Israeli cybersecurity ecosystem — including Yair Grindlinger, Elad Horn, Roie Cohen Duwek, Avner Gideoni, and Brenton Gumucio — Surf AI was built in response to what its founders see as a fundamental mismatch between the complexity of today’s threat landscape and the operational models security teams are still relying on.
GeoWealth secures $42.5m
GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech solution built for registered investment advisors (RIAs), has extended its Series C financing round with a $42.5m minority investment from Goldman Sachs.
The capital will be used to support the company’s growth momentum, as well as provide liquidity to shareholders. Family office The Globe Resources Group retains majority ownership of GeoWealth following the investment, while Apollo, BlackRock, J.P. Morgan Asset Management and Kayne Anderson Capital Advisors (sub-advised by Composition Capital) remain minority investors alongside Goldman Sachs.
Native emerges from stealth with $42m
Native, a cloud security control plane designed to embed security directly into cloud architecture, has emerged from stealth with $42m in total funding.
The company’s $31m Series A was led by Ballistic Ventures, with continued participation from seed investors General Catalyst, YL Ventures, and Merlin Ventures. Phil Venables, former chief information security officer of Google Cloud, has also joined Native’s board of directors.
Native’s platform is built to translate security intent into enforceable, secure-by-design cloud architecture that continuously adapts across AWS, Microsoft Azure, Google Cloud, and Oracle Cloud Infrastructure.
Candex extends Series C to $40m
Candex, a vendor management and tail-spend solutions provider for global enterprises, has extended its Series C funding round to over $40m following a strategic investment from HSBC.
The raise brings Candex’s total funding to over $120m, with HSBC joining an existing investor base that includes Goldman Sachs, Altos Ventures, 9Yards Capital, Hedosophia, NFX, Craft Ventures, World Innovation Labs, JPMorgan, and American Express.
The investment is intended to support Candex’s long-term vision to transform high-volume, small-value supplier transactions into a fast, automated, and fully controlled component of enterprise finance.
Turquoise Health raises $40m Series C
Turquoise Health, a multi-sided healthcare pricing and payment platform, has raised $40m in a Series C funding round to accelerate its mission of bringing transparency and efficiency to healthcare contracts and payments.
The round was led by Oak HC/FT, with participation from existing investors Andreessen Horowitz, Adams Street Partners, and Yosemite.
The new capital will be directed towards additional go-to-market efforts, accelerating the buildout of the product roadmap, and increasing headcount. The company has grown to nearly 200 employees since its founding five years ago and intends to expand its team further.
MetaComp raises $35m
MetaComp, a Singapore-based FinTech building a unified Web2.5 payments and wealth management platform, has completed its Pre-A+ funding round, bringing the cumulative total raised to $35m across two rounds in the space of three months.
The latest round was backed by Alibaba and Spark Venture, alongside other institutional investors, with existing shareholders also participating. 100Summit Partners served as exclusive financial adviser on the deal.
MetaComp, together with its affiliate Alpha Ladder Finance Pte Ltd — a Capital Markets Services and Recognised Market Operator licensed entity — operates a group-level platform designed to bridge traditional finance and digital assets.
Brazilian InsurTech Azos secures $25m
Azos, a Brazilian InsurTech focused on individual life insurance, has raised $25m in a Series C round to expand in a market still dominated by Bradesco and Prudential.
The capital will be used to scale operations, grow its product offering, and reach underserved customers in Brazil’s concentrated life insurance market, according to Brazil Journal.
The Series C was led by Kaszek and investor Kevin Efru, alongside participation from other strategic backers. Azos has built a digital-first platform designed to simplify the discovery, quoting, and purchase of individual life insurance, targeting customers historically limited by complex processes and few options.
Security canary firm Tracebit bags $25m Series A
Tracebit, a cybersecurity company that deploys security canaries to help enterprises detect intruders, has closed a Series A funding round, bringing its total investment to $25m.
The round was led by FirstMark and joined by Accel, MMC Ventures, Tapestry VC and CCL, with continued backing from existing angel investors.
The raise follows an initial seed round secured in 2024, which enabled the company to significantly expand the capabilities of its platform beyond its original AWS environment to include Azure, Kubernetes, CI/CD pipelines, developer workstations and identity providers. A Community Edition was also introduced during this period to make the platform more accessible.
Ironlight secures $21m
Ironlight Group, Inc., an Austin, Texas-based FinTech company developing regulated infrastructure for tokenised securities, has closed a $21m Series A financing round.
The round drew backing from prominent Wall Street and financial services figures, including Greg Braca, former president and CEO of TD Bank, as well as institutional investors Sei Development Foundation and Laidlaw Private Equity.
RAVEN.IO raises $20m seed
RAVEN.IO, a cybersecurity firm that protects applications at runtime and blocks both known and unknown attacks as they occur, has raised $20m in funding.
Norwest led the seed round, with Elron Ventures heading a follow-on post-seed investment. Additional backers include RedSeed, UpWest, SentinelOne, Jibe Ventures, Dnipro VC, Unusual Ventures, CyberFuture and Descope CEO Slavik Markovich.
The capital will be used to advance product development, grow the engineering and research teams, and scale commercial activities in the US.
TransFi raises $19m
TransFi, a global payments infrastructure company building on stablecoin rails with a focus on emerging markets, has closed a $19.2m financing round.
The raise comprises a $14.2m Series A equity round and a $5m committed liquidity facility, led by Turing Financial Group, a strategic investor in digital payments and financial infrastructure.
The funding is intended to support TransFi’s mission to modernise cross-border payments by reducing reliance on legacy banking infrastructure and enabling real-time value transfer through stablecoin-enabled rails.
Allure Security bags $17m
Allure Security, an AI-native disinformation and digital impersonation defence company, has closed a $17m Series B funding round, bringing its total capital raised to $43m.
The round was led by Riverside Acceleration Capital, with participation from existing investors Curql, Glasswing Ventures, and Gutbrain Ventures.
The company’s platform is designed to detect and respond to brand impersonation attacks across the web and social media. It analyses more than 10 million digital assets daily, and in 2025 alone identified impersonation attacks targeting over 700 financial institution brands.
Customers include The Kraft Group, AmTrust Financial, Campbell’s, Palo Alto Networks, VyStar Credit Union, and Webster Bank, with the platform delivering 350% growth over two years and now serving more than 300 customers.
dtcpay raises $10m Series A
dtcpay, a Singapore-headquartered regulated digital payments company, has raised $10m in a Series A funding round led by Vertex Ventures Southeast Asia & India, with proceeds earmarked for expanding its global stablecoin payments infrastructure.
Favour Capital, a Singapore-based boutique investment bank, served as exclusive financial adviser on the raise.
The round will be used to enhance dtcpay’s product suite, strengthen its underlying infrastructure, and expand its operational presence across newly licensed jurisdictions, with a particular focus on accelerating its European market entry.
Manifold raises $8m seed round
Manifold, an AI detection and response platform designed to secure autonomous AI on enterprise endpoints, has closed an $8m seed funding round.
The round was led by Costanoa Ventures, with participation from Cherry Ventures, Rain Capital and Modern Technical Fund. A number of notable angel investors also took part, including former Uber CSO Joe Sullivan and former Google DeepMind CISO Vijay Bolina.
The company’s platform — known as its agentic AI Detection and Response (AIDR) system — is built to address the growing risks posed by autonomous AI agents operating across enterprise environments.
Earth Blox raises £6m
Earth Blox, an Edinburgh-based technology scaleup that helps organisations quantify how nature loss and climate hazards affect financial performance, has raised £6m in a funding round led by PXN Ventures, with backing from Scottish Enterprise, follow-on investment from Archangels, and funding from the European Space Agency (ESA).
The capital will be used to grow the Earth Blox team, accelerate product development and expand the platform’s capabilities by integrating satellite, environmental and portfolio data with AI-powered analysis.
Alongside the raise, the company has appointed Ben Matthews as director of nature and climate, who previously led the Nature Analytics team at PwC UK.
Fuse launches $5m
Fuse, an AI-native loan origination and account opening platform, has announced a $5m initiative aimed at freeing credit unions from long-term contracts with legacy technology vendors.
The fund, dubbed the Fuse Rescue Fund, will offer the first 50 qualifying credit unions full access to the Fuse platform at no cost until their existing loan origination system (LOS) contract expires.
Once that contract ends, those institutions will transition to a flat annual subscription of $100,000 — or $50,000 for smaller credit unions — with no implementation fees, variable charges, or hidden costs.
AI compliance platform Steward secures $5m funding
Steward, an AI-first compliance platform trusted with $100bn in investor assets, has raised $5m to automate AML/KYC onboarding for sophisticated investors.
The round was led by Motive Partners, with participation from Outward VC, Cooley, and a group of founders and operators.
The financing was heavily oversubscribed and supported by prominent angel investors including Shai Wininger, co-founder of Lemonade and Fiverr, Mark Ransford, a FinTech angel investor, Tom Keiser, former COO of Zendesk and Carta, Remy Astié and Ulric Musset, co-founders of Vauban, Mushegh Tovmasyan, founder of Zenus Bank, and Keith Grose, UK CEO of Coinbase.
Seedcamp backs Topograph €2m
Topograph, a B2B data infrastructure company that connects compliance teams to official business registers worldwide, has closed a €2m seed funding round to accelerate its global expansion.
Seedcamp, the UK-based venture capital firm behind FinTech names including Revolut, Wise and Pleo, led the round. Early-stage investors Drysdale Ventures, Motier Ventures, Kima Ventures, and Better Angle also took part.
Proceeds from the raise will go towards extending Topograph’s country coverage beyond its current 40 markets, with North America, Asia and the Middle East earmarked as the next phases of growth. The company will simultaneously invest in advancing its artificial intelligence capabilities for extracting and enriching data from official sources.
Gangkhar secures $4.25m
Gangkhar, an AI-native embedded protection infrastructure platform, has closed a $4.25m seed round led by Anthemis to accelerate its global expansion.
Accion Ventures, Sancor Ventures, Seedstars, EWA Capital, and Simma Capital also participated in the round, alongside early-stage backer Rally Cap, which supported the company at the pre-seed stage.
The capital will be used to accelerate product development, deepen AI-driven optimisation capabilities, and support continued international growth.
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