MD FinTech deals weekly: July 21-27

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

• Quavo, cloud based fraud detection solutions for card transactions, raised $300M in a PE round led by Spectrum Equity.

• April, tax filing solutions for individuals and businesses, raised $38M in a Series B round led by QED Investors, with participation of Nyca Partners and Team8.

• Delve, platform offering AI powered compliance management solutions, raised $32M in a Series A round led by Insight Partners.

• Mega Matrix, online platform offering cryptocurrency staking solutions, raised $16M in a Post IPO round.

• ValGenesis, validation software for the life sciences companies, raised $16M in a Conventional Debt round led by Western Alliance Bank.

• CandorIQ, platform offering headcount and compensation management solutions, raised $4.8M in a Seed round led by Array Ventures, with participation of Y Combinator, CRV, and Switch.

• Fortuna Health, provider of assistance with Medicaid enrollment, recertification, and eligibility management, raised $18M in a Series A round led by Andreessen Horowitz, with participation of Y Combinator.

EUROPE

• Xelix, accounts payable control and dynamic discounting software, raised $160M in a Series B round led by Insight Partners, with participation of Passion Capital and LocalGlobe.

• Zvilo, digital bank for individuals & businesses, raised $87.2M in a Conventional Debt round led by Fasanara.

• Inforcer, multi-tenant policy management solutions for businesses, raised $35M in a Series B round led by Dawn Capital, with participation of Meritech.

• Lightyear, broker-based online trading and investment platform offering stocks, ETFs, money market funds, and savings accounts, raised $23M in a Series B round led by NordicNinja.

• Bitfount, cloud and AI based data science platform, raised $8M in a Series A round led by Parkwalk, with participation of Ahren, Pace Ventures, Foresight Group, and Portfolio Ventures.

• Connectd, platform for founders, advisors, and investors to make and manage connections, raised $7M in a Series A round led by Stena And Swerve, with participation of Anker Capital.

• IDEX, developer of fingerprint-based recognition sensors, raised $2.94M in a Post IPO round.

• StablR, blockchain-based platform for financial management, raised an undisclosed amount in a Seed round led by Kraken.

APAC

• OSL, cloud-enabled brokerage trading solutions for cryptocurrencies, raised $300M in a Post IPO round.

• EduFund, platform offering education planning, investment options, loans, and immigration services, raised $6M in a Series A round led by MassMutual Ventures, with participation of Cercano Management.

• Delabs Games, developer of PC-based casual NFT games, raised $5.2M in a Series A round led by Yield Guild, with participation of Infinity Ventures Crypto, Taisu, and Every Realm.

• Bharatsure, platform offering employee benefits as a service to enterprises, raised $694K in a Seed round led by Inflection Point Ventures, with participation of Capital A and Atrium Angels.

MENA

• Toyow, marketplace platform for tokenized digital assets, raised $10M in a Series A round.

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.