Hello Fintech Friends,
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Please find another week of fintech financing events below.
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The Fintech Effect 2025 reveals how rising user expectations are reshaping the industry—from faster sign-ins and smarter lending to trust in AI. Based on insights from 2,000+ U.S. consumers, this report is a blueprint for building products that stand out in 2026 and beyond. Download the report and stay ahead of what’s next.
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News coverage written and provided by Rachel Chang.
Stat of the Week
Stablecoin payments have jumped 70% since the signing of the Genius Act in July, with B2B transactions accounting for two-thirds of activity and an average $250,000 transfer size.
Venture Financing
Wealthsimple raised CAD $750 million (~$538 million) to expand its suite of wealth management products across investing, spending and credit, valuing the company at CAD $10 billion (~$7.2 billion).
SavvyMoneyraised$225 million to scale its financial wellness platform for credit unions, banks, and fintech companies.
UnifyAppsraised$50 million in Series B to connect corporate systems with AI and automate routine tasks such as claims processing.
Pave Bankraised$39 million to build a programmable bank for institutions managing both digital assets and fiat.
Clerqraised$21 million in Series A to build a payments platform for high-ticket transactions across underserved verticals in the U.S.
ZAR raised $13 million to bring stablecoins to Pakistan’s unbanked population.
Jupiter Moneyraised$13 million to expand its suite of lending products in India.
Uptiq.airaised$12 million to build AI infrastructure for financial services.
SalarySe raised $11.3 million in Series A to transform financial accessibility for India's salaried workforce.
OneAM raised$4.7 million in seed funding to use AI and machine learning to underwrite fragmented receivables at scale.
Stakeraised an undisclosed amount from Property Finder to expand its digital real estate platform in MENA.
Debt Financing
Cylerity raised $4 million in seed funding and secured a $24 million debt facility to build its AI and machine learning models that predicts claim payment timing and reimbursements.
Venture Funds
Viola Creditraised $2 billion for its third asset-based lending fund to provide financing solutions to fintechs across the U.S., U.K., Western Europe, and Australia.
SPONSORED
The Fintech Effect 2025 reveals how rising user expectations are reshaping the industry—from faster sign-ins and smarter lending to trust in AI. Based on insights from 2,000+ U.S. consumers, this report is a blueprint for building products that stand out in 2026 and beyond. Download the report and stay ahead of what’s next.
Want to sponsor a newsletter? See our sponsorship information here.
