FinTech companies and technology firms raised more than $4.5bn across 18 funding deals this week, led by Mistral‘s record €3bn raise and a series of nine-figure rounds spanning cybersecurity, WealthTech, digital assets and financial infrastructure.
The dominant deal came from French AI company Mistral, which secured €3bn in Series D funding at a valuation of more than €21bn. The raise alone accounts for the vast majority of the capital raised this week.
There were also several $100m-plus rounds, including $250m for cloud security company Upwind, $245m for Cylake, $100m for Savvy Wealth, $100m for Celligence and $100m for Payward, the parent company of Kraken.
Cybersecurity, WealthTech and financial infrastructure were among the strongest areas for funding activity, while Payward’s investment from Nasdaq Ventures also highlighted continued institutional interest in digital asset market infrastructure and tokenisation.
CyberTech companies accounted for four of the deals, while WealthTech firms made up four. RegTech and PayTech companies each contributed three and two deals respectively, with the remaining funding spread across financial infrastructure, lending, AI, digital assets and other FinTech categories.
The week’s funding activity was geographically diverse, with rounds spanning Europe, the US, India, the Middle East and Africa. The largest raises were concentrated among businesses building infrastructure around artificial intelligence, cybersecurity, wealth management and financial markets.
The broader funding picture also points to a shift towards larger transactions, with LatAm FinTech emerging as another market where headline investment is being driven less by deal volume and more by the scale of individual raises. Here’s how the region’s funding landscape is shaping up in 2026.
LatAm FinTech funding surged 2.2x to $1.6bn in H1 2026, despite deal volumes remaining broadly flat.
Deals worth $100m-plus quadrupled, accounting for $1.1bn of total investment as investors favoured larger rounds.
If the trend continues, annual funding could reach $3.2bn, an 88% increase on 2025.
Here are this week’s deals.
Mistral raises €3bn at more than €21bn valuation
Mistral, the Paris-based artificial intelligence company known for its open-weight large language models, has closed a €3bn Series D funding round that values the business at more than €21bn.
Samsung Electronics led the round, with Scaleup Europe Fund, managed by EQT, and existing backer PSG Equity acting as co-leads. The raise represents the largest equity funding round completed by a European technology company.
Mistral plans to use the capital to deepen its frontier AI research, increase compute capacity for training its models, expand its infrastructure and accelerate commercial expansion into new markets.
Upwind raises $250m to expand cloud security
Upwind has raised $250m in a Series B funding round, pushing the cloud security company to unicorn status just two years after emerging from stealth.
The investment takes Upwind’s total funding beyond $430m and was backed by Bessemer Venture Partners and Picture Capital.
Cylake raises $245m for sovereign cybersecurity platform
Cylake has raised $245m through a convertible note ahead of the beta launch of its next-generation cybersecurity product.
The round included Lightspeed Venture Partners, Picture Capital and Redpoint Ventures, taking Cylake’s total funding to $290m following a $45m seed round closed in March.
Savvy Wealth closes $100m Series C
Savvy Wealth, an AI-native registered investment advisor for independent financial advisors, has closed a $100m Series C funding round led by Halo Fund.
The oversubscribed round also attracted continued backing from Thrive Capital, Industry Ventures from Goldman Sachs, Canvas Prime, Index Ventures, House Fund, Euclidean Capital, Alumni Ventures and Vestigo Ventures. The funding takes Savvy’s total capital raised above $200m.
Celligence lands $100m to scale conversational mortgage technology
Celligence, the company behind AngelAi, has secured a $100m investment from Mortgage Treasury to accelerate the rollout of its automated mortgage and transaction platform.
AngelAi allows consumers and enterprise lenders to complete complex financial transactions through conversation rather than traditional paperwork-heavy processes.
For home buyers, the platform can guide users through mortgage application, validation, underwriting and servicing. It has already attracted more than 400,000 users and processed 200,000 transactions.
Payward secures $100m Nasdaq investment
Payward, the parent company of Kraken, has widened its relationship with Nasdaq through a $100m investment from Nasdaq Ventures, alongside continued work on tokenised market infrastructure and a new market surveillance agreement.
The investment is being positioned as part of a broader collaboration between the two companies around the development of tokenised equities and market infrastructure. Nasdaq’s Digital Liquidity Networks division is leading the collaboration from the exchange group’s side.
The companies will continue developing the operational and commercial infrastructure behind Nasdaq Equity Tokens, with a launch targeted for the second quarter of 2027. The work builds on Nasdaq’s plans to create tokenised equities alongside a framework linking them with Payward’s xStocks ecosystem.
QNu Labs raises $21m to scale quantum-safe security
QNu Labs, an Indian deep-tech cybersecurity company developing quantum-safe solutions, has closed a ₹200 crore ($21m) Series A1 funding round.
The funding will support the company’s expansion as organisations increasingly prepare for the security implications of quantum computing.
Piston raises $15m to scale cardless fuel payments
Piston, a cardless payments platform connecting commercial fleets with petrol stations, has closed a $15m Series A led by FPV Ventures, with existing investors Spark Capital and Pear VC also participating.
The raise takes Piston’s total funding to $22.5m and follows a year in which payment volume grew eightfold and its merchant network expanded 40 times.
The platform is now live at more than 2,000 fuel stations across 48 US states, with point-of-sale integrations certified across systems covering more than 95% of US merchant fuel sites.
Aqua raises $18.8m to build alternatives infrastructure
Aqua, an alternatives infrastructure provider, has raised $18.8m alongside the launch of what it describes as the industry’s first turnkey alternative investments platform.
The funding was raised in two stages, comprising a $3.8m seed round backed by Google’s AI Fund, Y Combinator and other investors, followed by a $15m Series A led by Arthur Ventures with participation from Alumni Ventures.
Blee raises $20m as AI content creates compliance pressure
Blee, an AI-first marketing compliance platform, has raised $20m in a Series A led by Fin Capital and SMBC Fin Atlas Beyond Fund.
Hannah Grey VC and National Bank of Canada also participated, alongside returning investors including Y Combinator, Penny Jar Capital, Cardumen Capital and Treasury.
The round takes Blee‘s total funding to $27m and comes as businesses increasingly use AI to generate marketing content at a scale that traditional legal and compliance teams can struggle to manage.
ZeroRisk raises $10m to tackle merchant cyber risk
Dublin-based ZeroRisk has closed a $10m Series A led by MiddleGame Ventures, with existing backer Elkstone also participating.
The cybersecurity company helps banks and payment providers manage cyber risk across their merchant portfolios, providing a consolidated view of threats facing smaller businesses.
Creditstar Group secures €4.6m hybrid investment
Creditstar Group has secured a €4.6m hybrid equity investment from Singapore-based investor Kilde at a €130m pre-money valuation.
The investment takes the form of a convertible loan that accrues interest and can be converted into equity shares.
It builds on an existing relationship between the two companies, with Kilde previously providing €18.4m in credit facilities to Creditstar.
Olenbee raises €7m for AI-powered employee benefits
French FinTech Olenbee has raised €7m to accelerate the development of its employee benefits, spending and rewards technology.
The round was backed by GO CAPITAL, Bpifrance and the European Regional Development Fund, alongside entrepreneurs and business angels from the French technology ecosystem.
Veridue raises $4m to speed up energy M&A
Veridue, an AI-native due diligence and M&A platform focused on energy infrastructure, has raised $4m after coming out of stealth.
The company is developing technology designed to accelerate investment and project financing decisions across the energy infrastructure market. The funding will support the company’s platform development and commercial expansion as it seeks to automate parts of the due diligence and transaction process.
Sav secures $3.5m to expand Saudi wealth platform
Sav, an autonomous consumer WealthTech platform, has raised $3.5m in a Pre-Series A financing round led by Phoenix Venture Partners.
The round included co-investors from the Phoenix Venture Partners Innovation Fund.
Instarc raises €1.25m for South African compliance expansion
Tallinn-based RegTech firm Instarc has secured a €1.25m strategic investment from HFO Investments to accelerate the commercial rollout of its compliance platform in South Africa.
The investment comes as South African financial institutions face tightening KYC and customer due diligence requirements under the Financial Intelligence Centre Act.
HelmGuard raises $7.3m to automate risk assurance
London-headquartered HelmGuard has closed a $7.3m seed round led by Infinity Ventures and Frontline, with FinTech Collective, Stage 2 Capital and Entrepreneurs First also participating.
The company uses AI agents to pull risk signals directly from source systems and automate areas of third-party risk management, agent oversight and control gap analysis.
The new capital will fund expansion into the US, with new bases planned for New York and San Francisco, as well as additional hiring and development of its agent assurance technology.
BrightPlan opens Series C as financial wellness demand grows
BrightPlan, an AI-powered financial wellness platform for global enterprises, has announced the first closing of its Series C funding round, led by ABS Capital Partners. The size of the round has not been disclosed, with additional investors expected to join over the next 90 days before a final close.
Cybersecurity and WealthTech lead funding activity
Cybersecurity was one of the clearest themes of the week, with Upwind‘s $250m Series B, Cylake‘s $245m convertible note, ZeroRisk‘s $10m Series A and QNu Labs‘ $21m Series A1 showing investor appetite for businesses tackling cloud, quantum and merchant security.
WealthTech also attracted significant capital, led by Savvy Wealth‘s $100m Series C. Aqua, Sav and BrightPlan also raised capital across alternatives infrastructure, consumer wealth management and workplace financial wellness.
Meanwhile, Payward‘s $100m investment from Nasdaq Ventures points to growing institutional interest in the infrastructure underpinning tokenised financial markets, as traditional exchanges and digital asset platforms increasingly work together on new market structures.
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