MD FinTech deals weekly: July 14-20

At MD Finance, we’re here to keep you informed and inspired by the latest trends shaping the global fintech landscape. Each week, we bring you key insights on major deals and funding rounds, making it easier for you to stay up to date with the industry’s most important developments.

Here are the major updates for the last week:

NORTH AMERICA

• CertifID, fraud detection solution for businesses, raised $47.5M in a Series C led by Centana Growth Partners, with participation of Arthur Ventures.

• Panacea Financial, digital bank for doctors, raised $37M in a Series B led by Valar Ventures.

• Candex, online platform for invoice financing, raised $33M in a Series C led by 9yards Capital, with participation of Hedosophia, Goldman Sachs, Altos Ventures Management, Craft Ventures, NFX, Edenred, and Edenred Ventures.

• Heka Global, provider of AI-based software solutions for banking management, raised $14M in a Series A led by Titan Ventures, with participation of Barclays and Corner Bank Group.

• Dakota, a modern business banking platform powered by stablecoins and US Treasuries, raised $12.5M in a Series A led by CoinFund, with participation of 6MV, Digital Currency Group, and Triton Capital.

• Quandri, provider of an AI and OCR-enabled platform to automate insurance, raised $12M in a Series A led by Framework Venture Partners, with participation of FUSE, Defined Capital, and Intact Ventures.

• Receive, white-labelled credit card solution for businesses, raised $4M in a Seed round led by NextGen Venture Partners, with participation of Blank Ventures, Verissimo Ventures, Insight Partners, Corner Ventures, and Clocktower Technology Ventures.

• Stage 5 Trading, online platform for trading in forex, futures, and options, raised $2.17M in a Conventional Debt round.

• Loro Insurtech, no-code insurtech platform selling and managing insurance policies, raised $1.1M in a Seed round led by Markd.

• d1g1t, online platform offering wealth management solutions for advisers and investors, raised an undisclosed amount in a Series B led by JAM FINTOP, with participation of RBC Royal Bank.

• Receive, white-labelled credit card solution for businesses, raised an undisclosed amount in a Conventional Debt round.

• Molecule, SaaS-based platform for commodity trading, raised an undisclosed amount in a Series B led by Sundance Growth.

• Aquila Clouds, cloud cost management solutions provider, raised an undisclosed amount in a Seed round led by Finvolve.

• BondCliq, central market system for the corporate bond market, raised an undisclosed amount in a Series A led by FactSet.

EUROPE

• Proxymity, online platform for investor communications, raised $36M in a Series C led by Mitsubishi UFJ.

• PayU, provider of online payment processing and credit solutions for business markets, raised $35.15M in a Series C led by Prosus.

• Paddle, SaaS-based payment solutions for merchants, raised $25M in a Conventional Debt led by Canadian Imperial Bank of Commerce.

• Heron Data, open banking APIs for banks and financial institutions, raised $16M in a Series A led by Insight Partners, with participation of BoxGroup, Flex Capital, and Y Combinator.

• Laka, online bicycle insurance platform for individuals, raised $10.27M in a Series B led by Ponooc, with participation of Achmea Innovation Fund, Autotech Ventures, Motive Partners, Creandum, LocalGlobe, 1818 Venture Capital, Republic, and Porsche Ventures.

• Yetipay.me, POS payment processing solution for businesses, raised $2.32M in a Conventional Debt led by re:cap.

• Findustrial, online marketplace for usage-based financing, raised $1.98M in a Seed round.

• Hugo Investing, online platform for trading in bonds, shares, ETFs, CFDs, and futures, raised an undisclosed amount in a Seed round led by MiraltaBank.

• Quant Insight, data analytics platform for financial securities, raised an undisclosed amount in a Series A led by 7RIDGE.

• FundApps, web-based compliance management solutions for financial institutions, raised an undisclosed amount in a Series A led by FTV Capital.

• SIGMA, AI-based stock trading platform for research technical data, analyse momentum, spot patterns, and test strategies, raised an undisclosed amount in a Seed round led by Trading Technologies.

LATAM

• NG.CASH, digital wallet for all age groups aimed at financial independence, raised $26.5M in a Series B led by New Enterprise Associates, with participation of QuantumLight, Monashees, Andreessen Horowitz, Endeavor, 17Sigma, Daphni, VOX Capital, and L4 Venture Builder.

• Mangxo, purchase financing solutions for businesses, raised $3M in a Series A led by Ironspring Ventures, with participation of Brick & Mortar Ventures, Great North Ventures, Buildtechventures, Incisive Ventures, and First Check Ventures.

APAC

• Bowtie, online life and health insurance provider, raised $70M in a Series C led by Sun Life Financial.

• PayPhi, omni-channel payment processing solutions for businesses, raised $5.98M in a Series B led by Beenext.

Each deal in this roundup reflects more than market movement. It shows how capital is strategically aligning with emerging technologies, scalable models, and untapped geographies.

At MD Finance, we continue to monitor these signals each week to identify where value is being created and where the next opportunity lies.