MD FinTech deals weekly: September 22-28

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

• Tipalti, cloud-based procurement and invoice management solutions for businesses, raised $200M in Conventional Debt led by Hercules Capital.

• AppZen, personal assistant for expense management, raised $180M in a Series D led by Riverwood Capital.

• Ualett, app-based platform offering advance receivable management solutions for drivers, raised $150M in Conventional Debt.

• Cardless, provider of credit cards for consumers, raised $60M in a Series C led by Spark Capital, with participation of Activant Capital, Industry Ventures, Pear VC.

• Bastion, provider of network design, planning, and infrastructure services, raised $14.6M in a Seed round led by Sony Innovation Fund, with participation of Samsung NEXT, Hashed.

• PredictAP, AI-based back-office solutions for real estate funds & property managers, raised $5M in a Series A led by RET Ventures, with participation of WISE Ventures.

• Shield, provider of payment solutions enabling businesses to accept stablecoins and digital assets, raised $5M in a Seed round led by Giant Ventures, with participation of Factor Capital, A16z Crypto.

• StableCorp, decentralized stable coin used for enabling B2B payments, raised $3.61M in a Series A led by FTP Ventures.

EUROPE

• Triver, AI-enabled marketplace offering working capital loans for businesses, raised $135M in Conventional Debt led by Avellinia, with participation of HSBC Innovation Bank.

• Light, provider of general ledger, accounts receivable, and payables solutions, raised $30M in a Series A led by Balderton Capital, with participation of Atomico, Seedcamp, Cherry Ventures, Entree Capital.

• ZILO, software-enabled transfer agency system, raised $26.93M in a Series A led by Portage, with participation of State Street.

• Ethena, platform offering multiple crypto-based financial solutions, raised $20M in a Series B led by M2 Bespoke.

• Triver, AI-enabled marketplace offering working capital loans for businesses, raised $18.9M in a Series A led by Axeleo Capital, with participation of Inkberry, Stride.vc.

• Goodvest, online impact-based investment platform for individuals, raised $14.2M in a Series B led by Serena, with participation of Ring Capital, Polytechnique Ventures, Globivest.

• Elliptic, provider of transaction monitoring and fraud prevention solutions for crypto businesses, raised an undisclosed amount in a Series C.

• Tide, provider of an internet-first bank offering digital banking services for businesses, raised an undisclosed amount in a Series C led by TPG, with participation of Apax.

LATAM

• Addi, provider of an online platform for point of sale financing, raised $50M in Conventional Debt led by Victory Park Capital Advisors.

• Caf, AI-based identity verification platform for businesses, raised $9.5M in a Series A led by L4 Venture Builder.

• KLIMBER, online life insurance platform for insurance, raised an undisclosed amount in a Seed round led by MetLife.

APAC

• Gullak, platform for automated digital gold savings and investments, raised $7.5M in a Series A led by Chiratae Ventures, with participation of White Venture Capital, SamVed VC.

• Oolka, fintech platform that offers a credit score management solution, raised $7M in a Seed round led by Lightspeed Venture Partners, with participation of Z47, 8i Ventures.

• OnFinance AI, AI-based compliance management solutions for financial services, raised $4.2M in a Seed round led by Surge, with participation of Mars Shot Ventures, Climber Capital, Indian Angel Network, Silverneedle Ventures.

MENA

• Erad, provider of working capital to online businesses across various industries, raised $33M in Conventional Debt led by Stride Ventures.

• Sindbad.Tech, provider of trading bots and investment solutions through AI technology, raised $4.8M in a Seed round led by Alkhabeer 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.