Press
2025 State of Fintech
Banking Investment 2025 – Seeing Through the AI Noise In an “AI is everything” environment, identifying strategically advantageous financial technology requires a discerning eye and thoughtful consideration. Financial institutions, as with all investor classes, need to flesh-out wants, needs and solutions through the common deliberation over buy versus build versus partner. Additionally the value proposition of adding new fintech capabilities needs to be viewed through multiple prisms – cost savings, additional revenue streams, and better user experiences. Addressing the 800lb Gorilla AI’s primary value add to all industries at the moment is cost savings through the process automation of basic, repetitive, human activities. AI
Week's Most Interesting
UK Open Banking Firms Bet on Section 1033 at Money20/20
Fish and chips, “proper” English breakfast, 300-year old pubs and a divinely poured Guinness, all rounded out an amazing trip to London this week
Capital Markets Tech / WealthTech
CT-Based Fintech Acquires Cloud-Based Trading Platform for $246M
FactSet, the Norwalk-based financial services and data company, has acquired cloud-based trading platform LiquidityBook for $246.5 million in cash, furthering its commitment to streamlining
Chart Of The Week
Paysafe (NYSE:PSFE)
Paysafe (NYSE:PSFE), announced last week the definitive agreement to sell their direct marketing payment business to KORT payments. The former CEO of Paysafe, Joel
Blockchain
Hitachi Payments Invests in Spydra to Boost Blockchain and CBDC
Hitachi Payment Services, a provider of end-to-end payment and commerce solutions, has made a strategic minority investment in Spydra Technologies to accelerate blockchain and
E-commerce
Suger Raises $15 million Series A to Automate Workflows for B2B Marketplaces
Suger.io has raised $15 million in Series A funding led by Threshold Ventures, with participation from Craft Ventures, Intel Capital, and Y Combinator, to
Embedded Finance
Beam Builds $11M Series A
Beam, a startup offering an all-in-one financial platform for construction businesses, has raised $11 million in Series A funding. The platform streamlines estimating, invoicing,
Fintech
Clutch Secures $65M Series B Funding to Propel Credit Unions into the Fintech Era
Clutch, a digital banking software provider for credit unions, has secured $65 million in Series B funding led by Alkeon Capital Management, with contributions from
IDV / AML / KYB / Biometrics
Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
Sardine, an AI-driven risk platform for fraud prevention, compliance, and credit underwriting, has raised $70 million in Series C funding in a round led by
Investment - M&A
Rex Software, Cirrus8 and RealTrust Merge to Create Industry Leader
Rex Software has joined forces with Cirrus8 and RealTrust Property Accounting Solutions to create a leading real estate software and solutions provider for residential and
Open Banking
Plaid Working with Goldman Sachs on Raising $300M to $400M in Tender Offer
Open banking giant Plaid is working with Goldman Sachs on a $300M-$400M tender offer, allowing early investors and employees to sell shares. The offer is
Payments
Fintech Rapyd Seeks Funding at $3.5B Valuation,a Steep Drop from $9B
London-based payments and fintech company Rapyd is seeking to raise $300 million at a $3.5 billion valuation, a sharp decline from its $9 billion
PropTech
Virtual Peaker Completes Additional Round of Financing, Led by Greensoil Proptech Ventures
Virtual Peaker, a virtual power plant software company specializing in AI-enabled grid-edge technology, has secured additional financing led by Greensoil PropTech Ventures, with participation
Saas
Fifteenth Announces $8.25 Million in Seed Funding to Help Tech Professionals Navigate Complex Taxes with Ease and Automation
Fifteenth, a tax solution designed for tech professionals with complex financial situations, has secured $8.25 million in seed funding led by A* and General Catalyst.
Specialty Finance / LendTech
Tabby Valuation More Than Doubles to $3.3 Billion on $160 Million Investment Round
Tabby, the UAE-based buy now, pay later (BNPL) fintech, raised $160 million in Series E funding, doubling its valuation to $3.3 billion ahead of
Press
Fintech Investment Bank Wellesley Hills Financial Expands Capabilities with New Executive Advisors
Announces addition of two recognized fintech and payments leaders to the team NEWTON, Mass.–(BUSINESS WIRE)–Wellesley Hills Financial, a global investment bank and strategic advisory
Week's Most Interesting
UK Open Banking Firms Bet on Section 1033 at Money20/20
Fish and chips, “proper” English breakfast, 300-year old pubs and a divinely poured Guinness, all rounded out an amazing trip to London this week
Capital Markets Tech
CT-Based Fintech Acquires Cloud-Based Trading Platform for $246M
FactSet, the Norwalk-based financial services and data company, has acquired cloud-based trading platform LiquidityBook for $246.5 million in cash, furthering its commitment to streamlining
Chart Of The Week
Paysafe (NYSE:PSFE)
Paysafe (NYSE:PSFE), announced last week the definitive agreement to sell their direct marketing payment business to KORT payments. The former CEO of Paysafe, Joel Leonoff,
Crypto
Hitachi Payments Invests in Spydra to Boost Blockchain and CBDC
Hitachi Payment Services, a provider of end-to-end payment and commerce solutions, has made a strategic minority investment in Spydra Technologies to accelerate blockchain and Central
Embedded Finance
Beam Builds $11M Series A
Beam, a startup offering an all-in-one financial platform for construction businesses, has raised $11 million in Series A funding. The platform streamlines estimating, invoicing, payments,
E-commerce
Suger Raises $15 million Series A to Automate Workflows for B2B Marketplaces
Suger.io has raised $15 million in Series A funding led by Threshold Ventures, with participation from Craft Ventures, Intel Capital, and Y Combinator, to enhance
Fintech
Clutch Secures $65M Series B Funding to Propel Credit Unions into the Fintech Era
Clutch, a digital banking software provider for credit unions, has secured $65 million in Series B funding led by Alkeon Capital Management, with contributions
Fraud/Risk Management
Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
Sardine, an AI-driven risk platform for fraud prevention, compliance, and credit underwriting, has raised $70 million in Series C funding in a round led by
Investments - M&A
Rex Software, Cirrus8 and RealTrust Merge to Create Industry Leader
Rex Software has joined forces with Cirrus8 and RealTrust Property Accounting Solutions to create a leading real estate software and solutions provider for residential
Open Banking
Plaid Working with Goldman Sachs on Raising $300M to $400M in Tender Offer
Open banking giant Plaid is working with Goldman Sachs on a $300M-$400M tender offer, allowing early investors and employees to sell shares. The offer is
Payments
Fintech Rapyd Seeks Funding at $3.5B Valuation,a Steep Drop from $9B
London-based payments and fintech company Rapyd is seeking to raise $300 million at a $3.5 billion valuation, a sharp decline from its $9 billion
Virtual Peaker Completes Additional Round of Financing, Led by Greensoil Proptech Ventures
Virtual Peaker, a virtual power plant software company specializing in AI-enabled grid-edge technology, has secured additional financing led by Greensoil PropTech Ventures, with participation from
Saas
Fifteenth Announces $8.25 Million in Seed Funding to Help Tech Professionals Navigate Complex Taxes with Ease and Automation
Fifteenth, a tax solution designed for tech professionals with complex financial situations, has secured $8.25 million in seed funding led by A* and General Catalyst.
Specialty Finance / LendTech
Tabby Valuation More Than Doubles to $3.3 Billion on $160 Million Investment Round
Tabby, the UAE-based buy now, pay later (BNPL) fintech, raised $160 million in Series E funding, doubling its valuation to $3.3 billion ahead of its