MD FinTech deals weekly: March 24-30

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

• Mercury, a digital banking platform for startups and small businesses, raised $300M in a Series C round led by Sequoia Capital, with participation of Spark Capital, a16z, CRV, Coatue, and Marathon.

• CMG, a provider of mortgage lending solutions, raised $30M in a Series C round led by StageDotO.

• Rain, a crypto treasury management platform for enterprises, raised $24.5M in a Series A round led by Norwest Venture Partners, with participation of Galaxy Ventures, Goldcrest, Thayer Ventures, Hard Yaka, Lightspeed Venture Partners, Coinbase Ventures, VINYL, and Canonical.

• Coresky, a decentralized infrastructure platform for digital assets, raised $15M in a Series A round led by Tido Capital, with participation of Wagmi Ventures, Copilot Ventures, WEB3 Vision Fund, and Parallel Ventures.

• FastTrack, a financing platform for home improvement projects, raised $15M in a Conventional Debt round led by SilverView.

• Abound, a Web3-powered infrastructure for digital identity and credit, raised $14M in a Seed round led by NEAR, with participation of Circle and Times Internet.

• Taxo, a tax filing and compliance platform for freelancers and small businesses, raised $5M in a Seed round led by Y Combinator, with participation of General Catalyst and Character.

• Arlo, a platform supporting financial wellness for parents, raised $4M in a Seed round led by Upfront Ventures, with participation of 8VC and General Catalyst.

• Catio, a financial platform for gig economy workers, raised $3M in a Seed round led by RRE Ventures, with participation of Eniac Ventures, Pender Ventures, Celero Ventures, Vermilion, RTP Global, and Silicon Badia.

• Styx Intelligence, a platform providing AI-driven insights for financial crime prevention, raised $1.88M in a Seed round led by BDC, with participation of Framework Venture Partners, Top Down, and Sprout Fund.

• Trade Shield, a risk management platform for B2B trade, raised $821.8K in a Seed round led by Vumela, with participation of Edge Growth.

• Bubblemaps, a data visualization platform for blockchain analytics, raised an undisclosed amount in a Seed round led by Coliseum, with participation of 35V.

EUROPE

• Abound, a UK-based consumer lending platform, raised $322.6M in a Conventional Debt round led by Deutsche Bank.

• PayZlip, a payroll and HR management platform, raised an undisclosed amount in a Conventional Debt round.

• RockFi, a fintech platform offering embedded finance solutions, raised $19.5M in a Series A round led by Partech Partners, with participation of Varsity Ventures.

• FastTrack, a financing platform for home improvement projects, raised $15M in a Conventional Debt round led by SilverView.

• Flagright, a real-time fraud prevention and AML compliance platform, raised $4.3M in a Seed round led by Frontline Ventures, with participation of Y Combinator, Pioneer Fund, and Moonfire.

• Firenze, a platform modernizing the court fine and fee payment system, raised $3.2M in a Seed round led by Outward, with participation of Portfolio Ventures and Form Ventures.

• PayZlip, a payroll and HR management platform, raised $701.8K in a Seed round.

• Wecan, a blockchain-based compliance and data exchange platform, raised an undisclosed amount in a Seed round led by SEALSQ.

• PayZlip, a payroll and HR management platform, raised an undisclosed amount in a Conventional Debt round.

• Brainial, an AI-powered tender management platform, raised an undisclosed amount in an Angel round.

LATAM

• Mendel, a corporate spend management platform, raised $35M in a Series B round led by Base10 Partners, with participation of PayPal Ventures, Infinity Ventures, Industry Ventures, Hi Ventures, Endeavor.

• KredFeed, a financial data platform for underserved markets, raised $1.5M in a Seed round led by Carabela, with participation of Techstars, 2045 Ventures, The Pitch, AngelHub, Newlin, and Cacao Capital.

• Quipu, a financial services platform for micro and small enterprises, raised $1.5M in a Seed round.

APAC

• Protecht, a risk management and compliance software provider, raised $280M in an Unattributed round led by PSG.

• Smallcase, a platform offering curated baskets of stocks and ETFs, raised $50M in a Series D round led by State Street Global Advisors, with participation of Niveshaay, Faering Capital, Arkam Ventures, Elev8.

• Findi, a provider of financial services and payment solutions, raised $28.4M in a Post IPO round.

• Ecofy, a green financing platform focused on sustainability initiatives, raised $12.5M in a Conventional Debt round led by IFU.

• OneStack, a digital banking platform for Indian cooperative banks, raised $2M in a Series A round led by Pentathlon Ventures, with participation of Yatra Angel Network, 100Unicorns, and Venture Catalysts.

• IRAME, a mental health and wellness platform, raised $1M in a Seed round led by SenseAI.

• Mobileware Tech, a fintech company providing digital payment and banking solutions, raised an undisclosed amount in a Seed round led by Zaggle.

• M1xchange, a digital invoice discounting platform for MSMEs, raised an undisclosed amount in a Series C round led by Jindal Stainless.

MENA

• PayHippo, a lending platform for small businesses, raised $2M in a Conventional Debt round led by EchoVC Partners, with participation of All On.

• Sympera AI, an AI-powered financial assistant for enterprises, raised $10M in a Seed round led by Nyca Partners, with participation of Viola Group.

• enza, a digital lending platform for small businesses, raised $6.75M in a Seed round led by Algebra Ventures, with participation of Quona.

• PayHippo, a lending platform for small businesses, raised $2M in a Conventional Debt round led by EchoVC Partners, with participation of All On.

  
  

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.