MD FinTech deals weekly: September 29-October 5

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

• MidCap Financial Investment, a Maryland-based closed-end, externally managed investment corporation (NASDAQ: AINV), raised $1.61B in a Post-IPO Debt round.

• Kraken, a cryptocurrency exchange platform offering parachain auctions, staking, and index services, raised $500M in a Venture round led by Arjun Sethi, with participation of Tribe Capital.

• Ualett, a leading mobile app providing online cash advances to independent workers in the U.S., raised $150M in a Debt Financing round led by Thiele Capital Management.

• OppFi, a financial technology platform that helps banks provide everyday consumers with access to credit, raised $150M in a Post-IPO Debt round.

• Pagaya, a fintech platform that helps financial institutions reach more customers using AI, raised $132M in a Post-IPO Debt round led by Bank of Montreal, with participation of CIBC, Citizens Bank, Israel Discount Bank, TD Bank, Texas Capital Bank, Valley National Bank, and Wells Fargo.

• Rodinia Lithium, a mineral exploration and development company focused on lithium resources, raised $100M in a Post-IPO Equity round led by Galaxy Digital.

• Fidus Investment Corporation, a business development company specializing in leveraged buyouts and refinancings, raised $100M in a Post-IPO Debt round.

• Lendistry, a fintech lender providing business loans and grant access to small businesses, raised $75M in a Debt Financing round led by East West Bank.

• SureCo, a company rebuilding American health care through ICHRA solutions, raised $23M in a Series A led by Health Velocity Capital, with participation of Kaiser Permanente Ventures.

• Baselane, a platform empowering real estate investors to thrive, raised $20M in a Series B led by Activant Capital, with participation of Diagram Ventures, Matrix, Parameter Ventures, RXR ARDEN Digital Ventures, Starwood Capital Group, Thomvest Ventures, and Watershed VC.

• Baselane, a platform empowering real estate investors to thrive, raised $14.4M in a Series A led by Matrix.

• Stablecorp, a money solutions provider that developed QCAD — a transparent and secure Canadian dollar stablecoin, raised $3.65M in a Venture round led by Circle Ventures, with participation of Coinbase Ventures, Financial Technology Partners, Rodinia Lithium, and Side Door Ventures.

• Mulltiply, an IT firm that manages digital and financial operations through a single app, raised $300K in a Pre-Seed round.

• HashtEX, the first patent-backed marketplace where cultural identity becomes a tradable, consent-based asset class, raised $300K in a Pre-Seed round.

• Swan Bitcoin, a platform for buying Bitcoin through automated savings plans, raised an undisclosed amount in a Series C.

• Crossmint, an all-in-one platform providing enterprise-grade APIs for wallets, stablecoins, and agentic commerce, raised an undisclosed amount in a Venture round led by Circle.

EUROPE

• Teylor, an SME lending platform providing fast and convenient business loans, raised $157.5M in a Debt Financing round led by Fasanara Capital.

• Feedzai, a company using advanced AI to detect and prevent fraud and financial crime in real time, raised $75M in a Series E led by Buenavista Equity Partners, with participation of Explorer Investments, Iberis Capital, Lince Capital, and Oxy Capital.

• Bite Investments, a global fintech providing scalable software solutions for the alternative asset and wealth management industry, raised $25M in a Private Equity round led by NewSpring.

• Ethena, a synthetic dollar protocol built on Ethereum that offers a crypto-native alternative to traditional financial systems, raised $20M in an Initial Coin Offering round led by M2 Capital.

• Fliz, a fintech company providing a secure online payment platform free of additional fees, raised $1M in a Pre-Seed led by Achim Bonsch, with participation of Andreas Veller, Antler, Johannes Schaback, Manuel Sandhofer, Philipp Kreibohm, and Sebastian Seifert.

• Vinlivt, an AI-driven financial advisory platform transforming interactions between brokers, advisors, and clients, raised $315K in a Seed led by Tenity.

• NPEX, a secure platform enabling companies and investors to trade securities, raised an undisclosed amount in a Secondary Market round led by Icecat Capital, with participation of Paerel Investment.

• Encompass, a company transforming regulatory compliance and customer onboarding through KYC automation, raised an undisclosed amount in a Venture round led by BNP Paribas.

• Perkly, an AI-powered consumption wellness platform helping banks turn transaction data into customer wellbeing insights, raised an undisclosed amount in a Pre-Seed round.

• GradientXchange, a platform connecting on-ramp and off-ramp providers through a single API, raised an undisclosed amount in a Pre-Seed round.

• LM PAY, a patient financing leader, raised an undisclosed amount in a Post-IPO Debt round led by Aion Bank.

LATAM

• Citibanamex, a financial institution offering credit cards, mortgage loans, personal loans, and currency exchange services, raised $2.31B in a Secondary Market round led by Fernando Chico Pardo.

• Remitee, a digital multi-purpose cross-border payment platform, raised $20M in a Venture round led by Algorand Technologies, with participation of Copec Wind, Krealo, Latitud, Redwood Ventures, and Soma Capital.

• Lastro, an AI platform for real estate agencies, raised $15.3M in a Series A led by 1Sharpe Ventures, with participation of Canary, FJ Labs, Prosus, QED Investors, and Scale-Up Ventures.

APAC

• Honest, a company building consumer-focused financial products, raised $100M in a Venture round led by Gilgamesh Ventures, with participation of Orient Corporation, SV Pacific Ventures, Village Global, and XYZ Venture Capital.

• Honest, a company building consumer-focused financial products, raised $40M in a Debt Financing round led by Mizuho Bank.

• Ayoconnect, Southeast Asia’s largest open finance API platform, raised $5M in a Venture round led by Finch Capital, with participation of Ion Pacific and Mandiri Capital Indonesia (MCI).

• Ignosis, an Account Aggregator (AA) infrastructure and financial data intelligence platform, raised $4M in a Seed led by Force Ventures, with participation of Kunal Shah, Peak XV Partners, and Razorpay.

• Digital Securities Preparatory, a fintech company offering financial products to the real estate industry, raised $1.95M in a Series A led by Mitsubishi Corporation, with participation of Mitsubishi UFJ Capital and SBI Ventures Two.

• Huirong Science and Technology, a company empowering tech firms with innovative finance solutions that integrate loans, investment, and blockchain-based supply chain tools, raised an undisclosed amount in an Angel round.

MENA

• Lov.Cash, a digital payment platform offering secure and flexible financial services to consumers and small businesses, raised $250K in a Seed round led by Lisk EMpower Fund.

  
  

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.