MD FinTech deals weekly: July 28-August 3

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

• Ramp, provider of a spend management and accounts payable solutions, raised $500M in a Series E round led by Iconiq Capital, with participation of Founders Fund, D1 Capital Partners, GIC, Coatue, Avenir Growth Capital, Thrive Capital, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Definition Capital, 137 Ventures, General Catalyst, Stripes, Sutter Hill Ventures, Lightspeed Venture Partners, T. Rowe Price, Google Ventures, Emerson Collective, Operator Collective, Pinegrove.

• Saphyre, pre-trade and post-trade analytics and onboarding solutions, raised $70M in a Series B round led by FTV Capital.

• FBN, provider of farmers networking platform, raised $50M in a Series G round led by T. Rowe Price, with participation of Google Ventures, Temasek, Arteqin, Colle Capital.

• Common Wealth, offers retirement plans to employees, raised $10.87M in Conventional Debt led by Flow Capital.

• Car IQ, in-vehicle payment solutions for commercial fleets, raised $8M in a Series B round.

• Pear Garden, decentralized trading platform that enables users to engage in pairs trading, raised $4.1M in a Series A round led by Castle Island Ventures, with participation of Compound, Florin Digital, Sigil.

• KredosAI, financial and personalized communication platform, raised an undisclosed amount in a Seed round led by Okapi Venture Capital, with participation of StartFast, SeaChange, Early Light Ventures, Stout Street Capital, SaaS Ventures.

EUROPE

• Zodia Markets, institution-first digital asset exchange and brokerage focused on institutional crypto trading, raised $18.25M in a Series A round led by Pharsalus, with participation of The Operating Group, XVC Tech, Circle.

• Certivity, platform offering software for product compliance and risk management, raised $15.51M in a Series A round led by Almaz Capital, with participation of UVC Partners, Earlybird, HTGF, Plug and Play Tech Center.

• STON.fi, decentralized exchange and automated market maker, raised $9.5M in a Series A round led by Ribbit Capital, with participation of CoinFund.

• STON.fi, decentralized exchange and automated market maker, raised $9.5M in a Series A round led by Ribbit Capital, with participation of CoinFund.

• Due, cross-border payment network and currency exchange solution for businesses, raised $7.3M in a Seed round led by Speedinvest, with participation of Semantic Ventures, Fabric Ventures, Strobe Ventures, Polymorphic Capital.

• D2X, stock exchange, raised $5M in a Series A round led by GSR, with participation of CMT Digital, Circle, Tioga Capital, Point72 Ventures, Fortino Capital.

• ThingCo, provider of an AI & cloud-driven telematics solution, raised $2.66M in a Series A round led by Bhl UK Holdings Ltd.

LATAM

• QI Tech, open banking API, raised $63M in a Series B round led by General Atlantic, with participation of Across Capital.

APAC

• RD Technologies, wallet-enabled cross-border payment solutions for businesses, raised $40M in a Series A round led by ZA, with participation of Bright Venture Capital, Hivemind, HSG, GTJAI.

• Navi, provider of digital financial services including UPI payments, loans, insurance, and investments, raised $20M in Conventional Debt led by PhillipCapital, with participation of NDX Financial Services, Arpee Group, Ambit, Grey Grass India, Siddharth Chlorochem, RaviDyeware, NAHAR Group.

• ACKO, provider of car, bike, health, travel, and life insurance products, raised an undisclosed amount in a Series E round led by Midas Deals.

  
  

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.