MD FinTech deals weekly: September 15-21

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

• Tabs, AI-based accounts receivable software, raised $55M in a Series B round led by Lightspeed Venture Partners, with participation of General Catalyst, Primary Venture Partner, and World Innovation Lab.

• Arch, digital administration platform for private investments, raised $52M in a Series B round led by Oak HC/FT, with participation of Menlo Ventures, Craft Ventures, and Quiet Capital.

• PayNearMe, payment gateway solutions, raised $50M in a Series E round.

• WorkFusion, provider of robotic process automation and chatbot solutions to automate work processes, raised $45M in a Series G round led by Georgian, with participation of Serengeti Asset Management, NGP Capital, Teralys Capital, Hawk Equity, Chubb, and Declaration Partners.

• Numeral One, software-based sales tax automation management platform, raised $35M in a Series B round.

• Aleph, cloud-based financial planning and analysis platform for businesses, raised $29M in a Series B round led by Khosla Ventures, with participation of Picus Capital, Bain Capital Ventures, and Y Combinator.

• Extend, provider of virtual credit cards and spend management platform for businesses, raised $20M in a Series B round led by B Capital, with participation of March Capital, Point72 Ventures, FinTech Collective, and Commerce Ventures.

• Bitlight Labs, platform developing infrastructure based on the RGB protocol and the Bitcoin Lightning Network, raised $9.6M in a Seed round led by Amber Group, with participation of Fundamental Labs, UOB, HV Capital, Outliers, Taisu, ArkStream, Signum Capital, Gate.com, and Side Door Ventures.

• Myriad, AI-based compliance management solutions for businesses, raised $7.8M in a Seed round led by Category Ventures, with participation of Long Journey Ventures, 10vc, N1, Plug and Play Tech Center, Breakwater Ventures, Caesar, BD Partners, and Preston Werner Ventures.

• Moby, investment strategies and investment research platform, raised $5M in a Seed round led by IA Capital Group, with participation of Alumni Ventures.

• 4Thought Technologies, AI-enabled investment analytics solution for private funds sector, raised $256K through a Grant (prize money) led by National Science Foundation.

• Inbox Health, cloud-based medical billing and payment management solution for healthcare companies, raised an undisclosed amount in a Conventional Debt round led by Ten Coves Capital.

• CryptoTeesStore, platform offering financial solutions, raised an undisclosed amount in a Series A round led by Blackstone, with participation of Illuminate Financial and Liberty City Ventures.

• Extend, provider of virtual credit cards and spend management platform for businesses, raised an undisclosed amount in a Venture Debt round.

EUROPE

• Seon, online AI-based platform offering API-enabled fraud detection software solutions to businesses, raised $80M in a Series C round led by Sixth Street, with participation of IVP, Creandum, Firebolt Ventures, and Hearst.

• Omnea, provider of web-enabled procurement orchestration solutions for the supply chain, raised $50M in a Series B round led by Insight Partners, with participation of Khosla Ventures, Accel, Point Nine, First Round Capital, and Prosus.

• Finary, online portfolio tracker and aggregator platform for individuals, raised $29.61M in a Series B round led by PayPal Ventures, with participation of LocalGlobe, Hedosophia, Shapers, Y Combinator, and Speedinvest.

• Defacto, cloud-based solution for invoice financing, raised $18.91M in a Series B round led by La Maison Partners, with participation of Blast.Club, Northzone, Citi, and Global Founders Capital.

• Seyna, insurance policy and claims management solutions for the insurance industry, raised $11.73M in a Series A round led by 115K, with participation of White Star Capital and Elaia.

• Chip, app-based automated savings platform for individuals, raised $8.13M in a Series D round led by Channel 4 Ventures.

• Startgram, AI-powered platform offering fundraising, cap table, data room, and multiple management solutions for startups, raised an undisclosed amount in a Seed round led by CDP Venture Capital.

APAC

• FinBox, infrastructure, risk intelligence, and orchestration solutions for digital lending, raised $35M in a Series B round led by WestBridge Capital, with participation of A91 Partners and Aditya Birla Ventures.

• InCred Money, provider of a platform for investing in unlisted shares, fixed deposits, and bonds, raised $30M in a Series B round led by MMG family office, with participation of Mankind Group Family office and Vattikutifoundation.

• GRVT, provider of hybrid derivatives exchange offering finance using blockchain, raised $19M in a Series A round led by zkSync, with participation of Further, EIGENLAYER, and 500 Global.

• PeLocal, automated payment collection solutions for businesses, raised $5M in a Series A round led by UNLEASH, with participation of Unicorn India Ventures.

• FinAlyzer, cloud-based financial consolidation & statutory reporting software for businesses, raised $4M in a Series A round led by Avant Global.

• Pascal AI Labs, next-generation AI platform for investment managers, raised $3.1M in a Seed round led by Kalaari Capital, with participation of Norwest, Info Edge Ventures, and Antler.

• Kilde, platform connecting institutions and individuals to invest in private debt, raised $1.5M in a Seed round led by Purple Ventures.

• AlphaStream, AI-based financial data provider, raised an undisclosed amount in a Seed round led by Intapp.

MENA

• Tamara, provider of buy-now-pay-later payment solutions, raised $2.4B in a Conventional Debt round led by Goldman Sachs, with participation of Citi and Apollo Funds.

• Hala, app-based wallet for consumer and business payments, raised $157M in a Series B round led by TPG, with participation of Sanabil, QED Investors, Raed Ventures, Impact46, Middle East Venture Partners, Isometry Capital, Arzan Venture Capital, Endeavor, Nour Nouf for Knowledge, Khwarizmi Ventures, and Wamda Capital.

• BWATECH, provider of account and finance management platform, raised $16M in a Series B round led by Sharaka Financial.

• Contactable, platform offering biometrics identity proofing solutions, raised $13.5M in a Series B round led by Venture-Capitalworks, with participation of Fireball Capital and Ke Nako Capital.

• Premier Credit, provider of consumer and SME loans, raised $1.5M in a Seed round led by Enabling Qapital.

• Wadaie, online platform for consumers to invest in fixed deposits, raised an undisclosed amount in a Seed round led by VentureSouq, with participation of Graphene Ventures, Razam Investments, Arab National Bank, and Al-Enma Bank.

  
  

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.