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  • Writer's pictureKristina Zakharchenko

MD FinTech deals weekly: June 10-16

Updated: Jun 19

Every Monday, the MD Finance team brings you the shortlist of the key deals and shifts in the FinTech landscape. It was the winning week for La French Tech, with several French startups' successful deals and the cherry on top—Mistral's (Paris-based Open AI competitor) new funding round of €600m at a €5.8bn valuation.

Check the full list below.


  • InScope raised $4.3m and launched its platform for facilitating financial reporting and audits for private companies. Investors include Lightspeed and Better Tomorrow Ventures.

  • Layer3, a token distribution protocol, has raised $15m in a Series A funding round led by ParaFi and Greenfield Capital.

  • Foresite Capital, a multi-stage healthcare and life sciences investment firm, has closed its sixth fund with $900m in capital commitments.


  • Mistral, an AI startup, has closed a €468m equity funding round at a €5.8bn valuation. The fundraising was led by new investor DST Global and existing backer General Catalyst, according to the Sifted.

  • Eventmaster, which provides e-commerce solutions for event ticketing, membership, and fundraising, raised €4m in funding from Business Growth Fund.

  • Zeliq, a sales engagement platform, raised $10m in seed funding from Exor Ventures and Resonance.

  • Light, which automates company financials, raised $13m in a funding round led by Atomico.

  • Wealthon, which provides financial support to SMEs and entrepreneurs, raised PLN 50m (~€11.5m) in debt funding from CVI Dom Maklerski.

  • Spiko, an open-source platform for the issuance, management, and distribution of securities, raised €4m in a pre-seed funding round led by Frst.

  • AccountsIQ, a cloud-based accounting platform for SMEs and non-profits, raised €60m in Series C funding from Axiom Equity.

  • CleverCards, a business expense management platform, raised €8m. The round was spearheaded by Pluxee.

  • Sidekick, a wealth management platform, has secured £8.5m to finance a new Portfolio Line of Credit solution. TheVentureCity and Pact VC co-led the seed round.


  • Sahl, an Egyptian fintech start-up, has raised $6m in a mix of Series A and seed funding led by Ayady.

  • Elevate, a consumer fintech, raised $5m in debt and equity from Negma Group in a pre-Series A round.

  • CredAble, a lendtech, has bagged $3.5m in debt funding from the Small Industries Development Bank of India (SIDBI).

  •, an Indonesian B2B fintech company, has raised an undisclosed sum of Series B funding in a round led by Square Peg Capital.

  • BayaniPay, a remittance startup, extends Series A to $9.6m in a Wavemaker-backed round.

Stay tuned!

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