MD FinTech deals weekly: October 6-12

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

• Galaxy Digital, a technology-driven investment firm that provides financial solutions across the digital assets ecosystem, raised $460M in a Post-IPO Equity round.

• Pagaya, a company that enables financial institutions to expand access to more customers through its artificial intelligence network, raised $400M in a Post-IPO Debt round.

• Kalshi, an exchange app that allows people to trade on event outcomes, raised $300M in a Series D round led by Andreessen Horowitz, with participation of CapitalG, Coinbase Ventures, General Catalyst, Paradigm, Sequoia Capital, and Spark Capital.

• EvenUp, a legal tech company developing AI software that automates the preparation of legal demand packages for personal injury cases, raised $150M in a Series E round led by Bessemer Venture Partners, with participation of Adams Street Partners, B Capital, Bain Capital, BroadLight Capital, HarbourVest Partners, Lightspeed Venture Partners, Premji Invest, REV, and SignalFire.

• Meanwhile, a life insurance company offering policies in Bitcoin, raised $82M in a Venture (Series Unknown) round led by Bain Capital Crypto and Haun Ventures, with participation of Apollo, Fulgur Ventures, Northwestern Mutual Future Ventures, Pantera Capital, and StillMark.

• Yendo, a company that issues credit cards secured by customer vehicle equity for lending, raised $50M in a Series B round led by 1930 Capital, with participation of Autotech Ventures, Clocktower Technology Ventures, FJ Labs, FPV Ventures, Human Capital, Mark Cuban, Pelion Venture Partners, Spice Expeditions, and Uncommon Capital.

• Routefusion, a financial infrastructure company specializing in cross-border payments and remittances, raised $26.7M in a Series A round led by PeakSpan Capital, with participation of Silverton Partners.

• AtlasClear, a fintech company developing technology-driven B2B solutions for trading, investments, foreign exchange, and bond risk analysis, raised $10M in a Post-IPO Equity round led by Funicular Funds.

• AtlasClear, a fintech company developing technology-driven B2B solutions for trading, investments, foreign exchange, and bond risk analysis, raised $10M in a Post-IPO Debt round led by Sixth Borough Capital Management.

• Mentium.io, a company providing an AI-powered digital workforce tailored for logistics and freight operations, raised $3.2M in a Seed round led by Lerer Hippeau, with participation of Antler, Matchstick Ventures, MBA Ventures, Michael Witte, and Tower Research Capital.

• OneAM, a financial services company providing cutting-edge solutions for business owners and capital providers, raised $3M in a Venture round.

• Snippd, a tool for managing grocery budgets and savings, raised an undisclosed amount in a Pre-Seed round.

  
  

EUROPE

• Younited, an online platform that connects and facilitates financial transactions between lenders and borrowers, raised $465.9M in a Post-IPO Debt round led by Citi.

• Amdax, the leading digital asset house that enables safe investment in crypto and other digital assets through a personal and expert approach, raised $34.97M in a Venture (Series Unknown) round led by AMBTS.

LATAM

• Takenos, a wallet designed for LATAM freelancers, raised $5M in a Seed round led by Lattice Fund and Variant, with participation of Chuk Okpalugo, gumi Cryptos Capital (gCC), Ivan Soto-Wright, Nascent, North Island Ventures, Polaris, Refract, and Reverie.

APAC

• Raise Financial Services, a company offering financial services across financing, insurance, investments, payments, and wealth, raised $120M in a Series B round led by Hornbill Capital Advisers, with participation of Aashish Sommaiyaa, BEENEXT, DSP Family Office, JM Financial Family Office, Mitsubishi UFJ Financial Group, and Ramesh S. Damani.

• Stakk, a smart bank account helping people live financially healthier, raised $9.9M in a Post-IPO Equity round led by Canaccord Genuity.

• CURRENC Group, a fintech and digital remittance company offering real-time global payments and services for workers and unbanked populations, raised $4.4M in a Post-IPO Debt round.

• Raise Financial Services, a company offering financial services across financing, insurance, investments, payments, and wealth, raised an undisclosed amount in a Secondary Market round led by Hornbill Capital Advisers, with participation of Aashish Sommaiyaa, BEENEXT, DSP Family Office, JM Financial Family Office, Mitsubishi UFJ Financial Group, and Ramesh S. Damani.

MENA

• QNB Group, a government-owned commercial bank in Qatar, raised $1.5B in a Post-IPO Debt round.

• Renewables Vault, a company operating a digital platform for trading renewable energy assets through blockchain, raised $50K in a Pre-Seed round.

• Joinn.io, a decentralized investment app, raised an undisclosed amount in a Pre-Seed round led by Harbour Industrial 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.