MD FinTech deals weekly: May 26-June 1

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

• CloudZero, a cloud cost management solutions provider, raised $56M in a Series C round led by Innovius Capital, with participation of MongoDB, Threshold, Underscore VC, G20 Ventures, BlueCrest Capital Management, and Matrix.

• Conduit, provider of cross-border payment solution for businesses, raised $36M in a Series A round led by DRAGONFLY, with participation of Altos Ventures Management, Sound Ventures, Commerce Ventures, Digital Currency Group, Helios, Portage, and Circle.

• Rillet, a SaaS accounting platform for SaaS companies, raised $25M in a Series A round led by Sequoia Capital, with participation of First Round Capital, Creandum, and Susa Ventures.

• Palla Financial, provider of instant cross-border P2P payment APIs, raised $14.5M in a Series A round led by Revolution Ventures, with participation of Y Combinator, Ardent Venture Partners, Cowboy Ventures, Dash Fund, Uncommon Capital, First Check Ventures, VitalizeVC, DeepWork Capital, Meta Fund, and Evolution-VC.

• Sequence, an online platform offering personal money management and visualization solutions, raised $7.5M in a Series B round led by Aleph, with participation of Emerge Ventures and ICON.

• Neo Insurance Solutions, provider of insurance solutions and software for agents and carriers, raised an undisclosed amount in a Seed round led by ITOCHU.

• Cerebro Capital, an online marketplace for business loans, raised an undisclosed amount in a Series A round led by JAM FINTOP.

  
  

  EUROPE

  
  

• The Openwork Partnership, an online financial advisory and planning platform for individuals and families, raised $163M in a Series A round led by Bain Capital.

• Inven, an AI-based financial data platform for M&A professionals to find acquisition target companies, raised $12.7M in a Series A round led by Ventech, with participation of Vendep Capital, Lifeline Ventures, and Joint Effects.

• Stitch South Africa, provider of a unified platform for building and scaling financial products, raised $10M in a Seed round led by Arbor Ventures, with participation of COTU Ventures, Raed Ventures, and SVC.

• Outmin, provider of cloud-based accounting and bookkeeping software for businesses, raised $4.54M in a Series A round led by Praetura Ventures.

• Auditstage, provider of auditing solutions for auditors, raised $854K in a Seed round led by SmartFin.

• Figure, a blockchain-based platform for consumer loans, raised an undisclosed amount in a Conventional Debt round led by Victory Park Capital Advisors.

  
  

  LATAM

  
  

• Estratz, a digital platform providing solutions for hedge funds, raised $355K in a Seed round.

  Avalon Finance, a decentralized lending protocol built on Merlin Chain, raised an undisclosed amount in a Series A round led by YZi Labs, with participation of Mirana, GSR, and CE Innovation Capital.

  
  

  APAC

• CRED, provider of reward-enabled payment platform for credit card bills, raised $75M in a Series G round led by GIC, with participation of Sofina and RTP Global.

  Samunnati, provider of financial solutions and loans for farmers, raised $4.99M in a Series D round.

• Rumi Labs, provider of front-office trading solutions for capital market investors, raised $4.7M in a Seed round led by A16z Crypto, with participation of Escape Velocity.

  
  
  
  

  MENA

  
  

• Qashio, provider of expense management and card solutions for small businesses, raised $19.8M in a Series A round led by Rocketship, with participation of MoreThan Capital Advisors and One Way Ventures.

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.