Hello Fintech Friends,
Today’s newsletter is brought to you by our friends at Bridge.
Also in the stablecoin payments space – we wanted to say a big congrats to our friends at Rise, who recently crossed $1B in total payroll across 190 countres.
Please find another week of fintech financing events below.
Have feedback for us? Let us know. Find me at @nikmilanovic, @twifintech, and @ndm
SPONSORED
With Bridge’s stablecoin-backed infrastructure, Cenoa scaled to 40+ markets, grew 30x in 5 months, and surpassed $10M in monthly volume—delivering 80% lower cross-border fees and instant onboarding for entrepreneurs worldwide.
Join Cenoa, Felix Pago, Metamask, Remitly, and thousands of others using Bridge to simplify money movement. Learn more here.
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News coverage written and provided by Rachel Chang.
Stat of the Week
According to Evident Insights 2025 Report, corporate headcount dedicated to AI at 50 major banks grew more than 25% since early 2023.
Venture Financing
FNZ raised$650 million from existing shareholders to accelerate growth of its end-to-end wealth management platform supporting shares, futures, ETFs, and alternative investments, with over $2.1 trillion in assets.
Finnableraised₹250 crore (~$30 million) to expand its digital lending platform and provide personal loans to salaried individuals.
Seismic raised $10 million in seed funding to expand its offerings in on-and-off ramping from fiat into crypto and card programs.
Upwardraised$8 million to simplify embedded finance and banking-as-a-service infrastructure to underserved business segments, in partnership with Mastercard.
District Cover raised $6 million to improve insurance access and literacy for small businesses in urban areas.
Zynkraised$5 million in seed funding to enable instant cross-border settlement infrastructure for payment companies.
Streamraised$4 million in seed funding to streamline modern billing and payments for MENA businesses.
Adclear raised £2.1 million (~$2.7 million) in seed funding to scale its AI platform, automating compliance checks for customer-facing communications.
Atrya raisedUS$1.75 million in pre-seed funding to develop its e-money token payments infrastructure.
RealReports raised $1 million in strategic funding to grow its AI-powered property intelligence platform for LSs and brokerages.
Investabroke£1 million (~$1.3 million) in crowdfunding investment to build UK's first zero-commission options trading app.
Vigilant AI.airaised£585K ($769K) in a pre-seed round led by Haatch to develop its compliance-driven automation platform with "AI teammates" for regulated enterprises.
Debt Financing
Zilchraised $175 million in debt and equity to accelerate growth of its consumer payments platform ahead of a potential 2026 IPO.
Kiwi secureda $100 million credit facility to expand access to responsible credit for underserved Hispanic communities in the U.S.
Lulasecured a 170 million rand (~$10 million) loan from IFC to expand digital and unsecured loans to micro and small businesses in South Africa.
Devengoraised€2 million, combining debt and equity, for its account-to-account (A2A) payments infrastructure in Europe.
Venture Funds
Viola Creditraised €300 million (~$349 million) for its Growth Lending Fund to support high-growth European tech companies.
GFTN Capital and SBIlaunched a $200M global fintech innovation fund, targeting growth-stage fintech companies in AI, tokenization, digital assets and cybersecurity.
Hyderabad Angel Fundlaunched a ₹100 crore (~$12 million) VC fund aimed at early-stage startups across fintech, GenAI, sustainability and more.
SPONSORED
With Bridge’s stablecoin-backed infrastructure, Cenoa scaled to 40+ markets, grew 30x in 5 months, and surpassed $10M in monthly volume—delivering 80% lower cross-border fees and instant onboarding for entrepreneurs worldwide.
Join Cenoa, Felix Pago, Metamask, Remitly, and thousands of others using Bridge to simplify money movement. Learn more here.
Want to sponsor a newsletter? See our sponsorship information here.
