There was $1.33bn raised across 19 reported deals in the FinTech sector this week, showcasing the ongoing power of the growing sector.
The raise was up considerably on last week’s deals, which saw 15 deals reported and a total of $541m raised.
The key rounds that dominated this week was seen in the home financing and InsurTech sectors, with PropTech Homeward bringing in $450m and Ledgebrooke raising $200m.
Geographically, the US dominated with eight deals. Trailing behind on three each was France and the UK, whilst Israel, Kenya, Germany, the Netherlands and Canada all recorded one deal each.
Market-wise, InsurTech and financial infrastructure firms recorded four deals each, whilst WealthTech and CyberTech firms drew in three. PayTech firms brought in two, and one company each from the PropTech and Blockchain sectors made it into the list.
Research this week from FinTech Global found that global FinTech investment in Q3 2026 reached $27.5bn across 897 deals, representing a 35% increase in funding compared to the $20.3bn raised across 959 deals in Q3 2025.
Deal volume fell by 6% over the same period, meaning the growth in total capital raised was driven by larger individual transactions rather than a broader expansion in activity.
Here are this week’s deals.
Homeward raises $450m to scale tech-enabled home financing
Homeward, the Austin-based PropTech and FinTech company specialising in cash-backed home financing, has raised $120m in Series D equity alongside $330m in asset-backed debt facilities to expand its bridge financing and cash offer solutions.
The funding will support the expansion of Homeward’s financing products, investment in the technology behind its integrated home buying and selling platform, and growth across the 48 contiguous US states.
Ledgebrook raises $200m to scale AI underwriting for complex risks
Ledgebrook, a Boston-based InsurTech developing AI-native technology for specialty insurance, has raised $200m in primary equity funding to expand its underwriting of complex and hard-to-place US commercial risks.
Allianz X, the corporate venture unit of Allianz Group, co-led the round with Rockefeller Capital Management, alongside new and existing investors. Separately, Allianz Re will become a multi-year reinsurance partner for Ledgebrook.
The company will use the funding to expand its technology, including further development of Blackbird, its in-house underwriting engine. Ledgebrook expects cumulative premium written to exceed $1bn, after beginning to write policies in 2023.
$150m war chest gives NexBank room to move on growth
NexBank Capital, the Dallas-based financial holding company behind the largest privately held bank in Texas by assets, has secured $150m through a sale of non-voting common stock. The deal gives it fresh firepower to act quickly on growth opportunities.
The transaction closed on 29 September 2026. It brings the total the company has raised through equity offerings since 2021 to $540m.
Because the stock is non-voting, the business has added substantial capital without handing new investors a say in its governance.
Valon raises $150m Series D at $2.3bn valuation
Valon Technologies, an AI-native operating system built for regulated finance, has closed a $150m Series D round that places the company at a $2.3bn valuation, twice the figure from its previous raise.
Ribbit Capital came on board as a new backer in the round, while existing investors, among them Andreessen Horowitz, also returned to support the business.
Valon intends to put the new capital towards speeding up product development and growing its workforce, with the aim of migrating the country’s biggest mortgage servicers away from outdated technology and onto ValonOS and its AI agents.
Spiko raises $90m Series B to make cash earn by default
Spiko, an issuer of tokenised cash funds, has secured $90m in a Series B round as it looks to give businesses of all sizes access to yield on idle money.
New Enterprise Associates (NEA) led the investment, joined by Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers, White Star Capital, Blockwall, Frst, EQNX, Mirana Ventures and Wintermute Ventures.
A number of high-profile angel investors also took part, among them Axel Weber, who previously served as president of the Bundesbank, along with the founders of Qonto. The latest raise lifts the total capital Spiko has secured to $120m.
Spiko raises $90m to scale tokenised cash funds
Spiko, the London and Paris-based FinTech behind a platform for tokenised money market funds, has raised $90m in a Series B round as it looks to expand access to yield-generating cash products.
New Enterprise Associates (NEA) led the round, with participation from Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers, White Star Capital, Blockwall, Frst, EQNX, Mirana Ventures and Wintermute Ventures.
Several angel investors also joined the round, including former Bundesbank president Axel Weber and the founders of Qonto. The latest funding takes Spiko’s total capital raised to $120m.
Stuut raises $52.5m Series B to automate order-to-cash
Stuut, an AI platform that automates the order-to-cash process for large enterprises, has secured $52.5m in a Series B round, arriving only ten months after the company closed its Series A.
Insight Partners led the investment. Andreessen Horowitz, M12 (Microsoft’s venture arm) and Activant also took part.
Stuut says it now has more than 150 businesses on the platform, including Fortune 50 and Fortune 500 companies.
Hadrian raises $40m to counter AI-driven hacking threats
Hadrian, a provider of an agentic AI-powered offensive security platform, has closed a $40m funding round to expand into new markets and strengthen its technical teams.
Forgepoint Capital International and SmartFin co-led the investment, with returning backers HV Capital, Motive Partners, Picus Capital and Oetker Ventures also taking part. The latest round lifts Hadrian’s total capital raised to $65m.
The company plans to use the money to grow its presence in EMEA and the US, and to put more resources into its engineering and research functions.
doxx.net raises $38m as AI agents face new network risks
doxx.net, a private networking platform built for people and their AI agents, has raised $38m in Series A funding and opened its Agentic Defined Networking (ADN) platform to the public in beta, betting that autonomous agents need infrastructure their users can actually control.
Andreessen Horowitz led the round, joined by Animo Ventures and Focal.vc. As part of the deal, Andreessen Horowitz partner Joel De La Garza will take a seat on the doxx.net board.
The timing reflects a growing exposure. AI agents now routinely browse websites, reach services, communicate and act for the people who deploy them, often while holding their user’s credentials, data and permissions. That leaves them open to spoofed login pages, malware-laden sites and other hostile destinations.
Rein Security lands $25m as AI agents outrun security
Rein Security, an AI-native platform protecting enterprises at runtime, has secured $25m in a Series A round as companies race to hand autonomous AI agents deeper access to their systems before the tools to police them have caught up.
Glilot Capital and Sienna Venture Capital jointly led the investment, with Corner Ventures, Atlacle and RNP Capital Advisors also taking part. The raise lifts the firm’s total capital to $35m.
The deal arrives as businesses grant AI agents wide reach into corporate data, applications and workflows, opening up threats that legacy security tools cannot spot or halt.
finmid bags €17m as it moves into vehicle financing
finmid, a Berlin-headquartered embedded lending firm that powers financing for platforms including Wolt and Delivery Hero, has secured €17m in fresh capital as it rolls out a vehicle financing scheme with Bolt and a merchant lending offering with Skroutz.
Big Pi Ventures led the Series A extension, with Mainset co-investing and existing backer Earlybird also taking part.
The latest injection lifts the amount finmid has raised to date to €52m.
Cleavr raises €8m to tackle late payments in Europe
Cleavr, a French FinTech using AI to automate invoice collection, has secured €8m in fresh funding to expand across Europe and further develop its AI coworker for finance teams.
Varsity led the round, with participation from Kima Ventures, Better Angle, 100IN, Portfolio Ventures, Kerala Ventures, Financière Saint James, Station F and Clover. Business angels from companies including Datadog and Convelio also took part.
The capital will be used to speed up the firm’s European growth, with plans to expand its sales function and invest further in product development.
Polygrade raises $6.3m to rebuild warranty claims with AI
Polygrade, a Toronto-based InsurTech developing AI-driven claims software for warranty providers, has launched publicly with $6.3m in funding to automate more of the work involved in processing and resolving warranty claims.
Construct Capital led the round, with American Family Ventures and Nine Four Ventures also participating. Polygrade will use the funding to expand its Forward Deployed Engineering, go-to-market and partner enablement teams.
The company also plans to expand beyond home warranty into extended warranty, original equipment manufacturer (OEM) warranty and equipment breakdown insurance.
PlannerPal raises $6m to scale AI for UK financial advice
PlannerPal, an AI-powered workflow platform built for financial advice and wealth management businesses, has secured $6m (£4.3m) to expand its client intelligence technology across the UK advice market.
Mercia Ventures led the investment. Ada Ventures, which already backs the company and headed its pre-seed raise in February 2024, returned for this round. A number of strategic FinTech backers and angel investors also joined.
The company will put the new capital towards a fast scale-up of its engineering and product functions. It will also use the money to help customers deploy the platform and to speed up work on its client intelligence features.
Konsileo raises £5m to fuel broker-led growth
Konsileo, a UK chartered insurance broker built around empowering its brokers, has closed a £5m equity round to drive its next stage of expansion.
The funding was led by Committed Capital, which has backed the firm for many years, with ACF Investors also participating.
Founded in 2017, the independent broker now has a workforce of over 220 and places more than £85m in insurance premiums each year on behalf of UK businesses.
Nettle raises $4.8m to speed up insurance risk inspections
Nettle, an InsurTech offering an AI-powered workspace for commercial insurance Loss Control, has secured $4.8m in an oversubscribed seed round as it prepares to grow its presence globally.
MTech led the investment, which also drew backing from Project A, SVV (Sure Valley Ventures), Portfolio Ventures and Ventures Together. This latest raise lifts the company’s total capital to $6.8m, coming after a $2m pre-seed round completed in March 2025.
Nettle plans to put the fresh capital towards expansion in the US and Europe, as well as scaling up its engineering and go-to-market functions.
Fleuret AI bags €4m for agentic AI offensive security
Fleuret AI, a French startup using agentic AI to automate penetration testing, has secured €4m in pre-seed funding to strengthen its position in European offensive security.
RAISE Ventures led the investment. Auriga Cyber Ventures, Wind Capital and Better Angle also took part, as did several prominent business angels from the cybersecurity sector.
The company plans to put the capital towards recruiting in AI, software engineering and offensive security, and towards developing its platform more quickly.
Cloud9 hits $1m funding to power African cross-border trade
Cloud9, a digital bank offering instant international payments and modern money tools to African consumers and businesses, has secured a strategic investment from Alliance, taking its total funding to $1m.
Alliance, which describes itself as a leading accelerator and fund for digital asset and FinTech start-ups, is backing the company as it pursues its goal of becoming the go-to neobank for the continent’s entrepreneurs with global ambitions.
Cloud9 will put the fresh capital towards opening more cross-border payment corridors, improving its product experience, rolling out virtual and physical cards, and attracting more African consumers and businesses that trade internationally through its app.
One Trading lands strategic investment from Nasdaq Ventures
One Trading, a regulated European derivatives venue developing technology for markets that never close, has secured a strategic investment from Nasdaq Ventures, opening the door to a potential partnership focused on round-the-clock equity futures trading.
As part of the deal, Nasdaq and One Trading will look at ways of pairing Nasdaq’s track record in building sophisticated market infrastructure, along with its worldwide distribution network and client base, with One Trading’s low-latency trading and risk engine, which runs in the cloud.
Areas under review include upgrading the infrastructure that underpins derivatives markets and broadening the range of instruments on offer to traders, such as futures with longer maturities.
