MD FinTech deals weekly: March 17-23

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

• FreshBooks, an accounting software company, raised $125M in a Conventional Debt led by Morgan Stanley.

• Crossmint, a blockchain-based payment platform, raised $23.6M in a Series A led by Ribbit Capital, with participation of Franklin Templeton Investments, Nyca Partners, First Round Capital, Faction VC, and HF0.

• Stable Sea, a blockchain-based financial services company, raised $3.5M in a Seed led by Kindred Ventures, with participation of Ludlow Ventures, DFS Lab, and The Fintech Fund.

• Level, a decentralized finance platform, raised $2.6M in a Seed led by DRAGONFLY, with participation of Polychain and Flowdesk.

• PCMI, a software solutions provider, raised an undisclosed amount in a Series A led by Thoma Bravo.

• Lightkeeper, a cybersecurity company, raised an undisclosed amount in a PE led by PSG.

EUROPE

• Flowpay, a payment solutions company, raised $32.7M in a Conventional Debt led by Fasanara.

• Dalma, a food technology company, raised $21.8M in a Series B led by Breega, with participation of Northzone, Anterra Capital, and Bpifrance.

• ALT21, a technology company, raised $12.5M in a Series A.

• Supply@ME, a supply chain finance platform, raised $5.15M in a Post IPO led by NUBURU.

• PeopleIX, a digital identity management company, raised $2.5M in a Seed led by Earlybird, with participation of neoteq ventures and TS Ventures.

• Qlarifi, a customer service technology company, raised $1.8M in a Seed led by Carthona Capital, with participation of HoneyComb Asset Management.

• NAO, a robotics company, raised $1.1M in a Seed.

• Aerlytix, a data analytics company, raised $493K in a Grant (prize money) led by Enterprise Ireland.

• Blockpit, a crypto tax reporting company, raised an undisclosed amount in a Series A led by Elevator Ventures.

• COCA, a blockchain-based platform, raised an undisclosed amount in a Seed led by Stellar, with participation of FunFair.

• Crowe Foederer, a consulting company, raised an unattributed amount led by Rivean Capital.

LATAM

• Uala, a financial services company, raised $66M in a Series E led by TelevisaUnivision.

• Zíro, a sustainable packaging company, raised an undisclosed amount in a Seed led by Mondelez International.

APAC

• RockFlow, a geotechnical engineering company, raised $10M in a Series A.

• Higala, a social networking platform, raised $2.8M in a Seed led by Talino Venture Studios, with participation of 1982 Ventures.

• Mindgate, a fintech company, raised an undisclosed amount in a Series A led by PayU.

MENA

• NymCard, a card issuance platform, raised $33M in a Series B led by QED Investors, with participation of Dubai Future District Fund, Lunate, Mashreq, Knollwood Investment Advisory, FJ Labs, Endeavor, Reciprocal Ventures, Oraseya Capital, and Shorooq Partners.

  
  
  
  

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.