MD FinTech deals weekly: June 16-22
- MD Finance Team
- Jun 23
- 3 min read
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, corporate spend management platform, raised $200M in a Series E led by Founders Fund, with participation of Thrive Capital, D1 Capital Partners, General Catalyst, GIC, Iconiq Capital, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth Capital, Definition Capital.
Juniper Square, investment management software platform for commercial real estate, raised $130M in a Series D led by Ribbit Capital, with participation of Fifth Wall, Redpoint Ventures, HighSage, Blue Owl.
EigenLayer, blockchain restaking protocol, raised $70M in a Series B round from a16z.
Payabli, integrated payments infrastructure platform, raised $28M in a Series B led by Fika Ventures, with participation of QED Investors, TTV Capital, Bling Capital.
Sedai, autonomous cloud management platform, raised $20M in a Series B led by Norwest Venture Partners, with participation of Sierra Ventures, Uncorrelated Ventures.
Tensec, fintech company focused on financial security infrastructure, raised $12M in a Seed round led by Costanoa, with participation of Quiet Capital, Cambrian, IGNIA, Montage Ventures, Renegade Partners, Endeavor Brasil, WillowTree.
Grifin, fintech app that lets users invest automatically where they shop, raised $11M in a Series A led by Nava Ventures, with participation of Alloy Labs, Draper Associates, Gaingels, NevCaut Ventures, TTV Capital.
Meridian, startup based in the United States, raised $7M in a Seed round led by 645 Ventures, with participation of Chaac Ventures.
Clockout, financial wellness platform for hourly workers, raised $2M in a Seed round led by Cofounders Capital, with participation of Brickyard, Front Porch Venture Partners, Market Square Ventures, Launch Tennessee, OneSixOne Ventures, Erez Capital.
DepositLink, digital payment platform for real estate transactions, raised $2M in a Seed round.
CurveBlock, real estate investment platform using blockchain technology, received $400K in Grant (prize money) from Kadena.
Carefull, financial safety platform for older adults and caregivers, raised an undisclosed amount in a Conventional Debt round from Canadian Imperial Bank of Commerce.
FIDX, wealth management technology platform, raised an undisclosed amount in a Series B round from Prudential, Franklin Templeton, Invesco Mutual Fund, Axonic Insurance Services.
Relief, debt management platform, raised an undisclosed amount in a Series A round from National Debt Relief.
EUROPE
TaDaweb, data intelligence platform, raised $20M in a Series B led by Arsenal Growth Equity, with participation of ForgePoint Capital, Wendel.
Mercanis, procurement software platform, raised $19.89M in a Series A led by Partech Partners, with participation of Signals Venture Capital, Speedinvest.
Ubyx, digital asset infrastructure platform, raised $10M in a Seed round led by Galaxy, with participation of Coinbase, Founders Fund, VanEck, Mirana, LayerZero Labs Canada Inc, Paxos, Boku, Payoneer, Monerium.
Naro, fintech platform based in Germany, raised $6.75M in a Seed round led by Magnetic, with participation of Redstone, General Catalyst.
Icon Solutions, provider of payment technology solutions, raised an undisclosed amount in a Series A round from UBS, Citi Ventures, NatWest.
Descartes Underwriting, insurtech company specializing in climate risk modeling, raised an undisclosed amount in a Series C round from Battery Ventures.
APAC
Bitdeer, cryptocurrency mining and cloud service platform, raised $330M in a Post IPO round.
Salmon, consumer lending platform, raised $60M in a Conventional Debt round.
Amartha, peer-to-peer lending platform for micro-entrepreneurs, raised $55M in a Conventional Debt round from Swedfund, BIO Invest, Finnfund.
Popclub, rewards-based shopping platform, raised $30M in a Series A round from Razorpay.
Salmon, consumer lending platform, raised $28M in a Series A led by Spice, with participation of Antler, IFC, Lunate, Back in Black Capital, ADQ.
RenewBuy, insurtech platform, raised $10M in a Series D led by 360 One, with participation of Apis Partners.
Dugar Finance, non-banking financial company focused on inclusive lending, raised $3M in a Conventional Debt round from Symbiotics Group.
Instapay Technologies, digital payroll and financial services provider, raised $3M in a Series A round from ACA Investments.
Saswat Finance, digital lending platform for underserved communities, raised $2.6M in a Seed round led by Ankur Capital, with participation of Incubate Fund India.
BitFuFu, cloud mining service provider, raised $2.42M in a Post IPO round.
7 Ring, fintech company based in India, raised $463.65K in a Seed round led by Vinners, with participation of Anchorage Capital Partners, Venture Catalysts.
MENA
OCTA, fintech company based in the United Arab Emirates, raised $20M in a Conventional Debt round.
SaturnX, digital asset trading platform, raised $3M in a Seed round from White Star Capital.
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.