A total of approximately $361m was raised across 16 FinTech funding and investment deals this week, with Ingenico’s €150m investment emerging as the biggest disclosed equity deal.
Ingenico’s €150m ($175m) deal fuels next-gen payments push
Ingenico, a global provider of payment acceptance technology serving retailers, banks, acquirers and FinTechs worldwide, has agreed a deal to reshape its capital structure, backed by a €150m ($175m)investment from a group of global investors led by PIMCO.
The fresh capital is earmarked for speeding up product development and sharpening customer service standards, building on a reputation the company says it has built over the years for reliable, durable and locally supported technology.
Natural lands $100m credit line for AI agent payments
Natural, a start-up developing the underlying payments infrastructure for AI agents, has agreed a credit facility of up to $100m with Upper90 Capital Management, LP.
The new funding is intended to boost Natural’s capacity to meet the expanding capital requirements of its payments and credit offerings, as AI agents take on a larger role as active participants in the global economy. The facility gives the company room to support far higher payment volumes and greater amounts of deployed credit as this demand grows.
AI ERP challenger Rillet raises $100m at $1bn value
Rillet, the AI-native ERP (enterprise resource planning) platform built for modern finance teams, has closed a $100m Series C round that values the business at $1bn.
The round was led by ICONIQ, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners and Creandum. It marks Rillet’s third raise in the past year and takes total funding secured by the company beyond $200m.
The capital injection follows a stretch of rapid growth. Rillet has doubled new annual recurring revenue in the last three months alone and now counts more than 600 customers, spanning publicly listed enterprises and some of the fastest growing AI companies to date.
Centricity secures $33m to grow wealth platform
WealthTech firm Centricity, an India-based wealth management platform serving finance and investment professionals, has reportedly closed a funding round worth approximately $33m.
The round was led by SMBC Asia Rising Fund and included participation from existing backers Lightspeed India Partners and Burman Family Office, according to a report from IBS Intelligence. The financing was made up of roughly $27m in equity alongside $6m in venture debt, and it has pushed the company’s valuation to around $216m.
Centricity intends to direct the fresh capital towards reinforcing its technology infrastructure, growing its business-to-business-to-consumer (B2B2C) wealth distribution arm, and scaling both its private wealth division and its offering for non-resident Indian (NRI) clients.
Prevalent AI raises $22m as agentic AI risk mounts
Prevalent AI, a nine-year-old CyberTech firm known for turning fragmented corporate data into a single, continuously updated knowledge graph, has secured $22m in growth funding.
The deal marks the first outside capital the company has taken on since it was founded, having grown until now purely on the back of customer demand and profitability.
The fresh capital will be put towards building out Prevalent AI’s global sales, marketing, customer success and partnerships functions, deepening its footprint in existing markets and pushing harder into the US. IGP’s backing will also fund an expansion of the company’s knowledge graph technology beyond its cybersecurity roots into wider risk and enterprise applications, alongside continued additions to its leadership bench.
Boom bags $15m Series A, unveils BoomCRM
Boom, the leasing operating system for property management, has raised $15m in a Series A funding round and used the announcement to launch BoomCRM, a new leasing tool built around underwriting intelligence.
The round was led by S3 Ventures, with participation from Mischief VC, alongside continued backing from existing investors Starting Line VC, Gilgamesh Ventures and Company Ventures.
BoomCRM answers incoming calls, qualifies prospective tenants and arranges property tours, and the company positions it as the first leasing customer relationship management platform built from the ground up on underwriting data rather than having screening added later.
Rezolv bags $12.5m to scale AI-led debt collection
Rezolv, an Indian AI-native lending technology platform, has closed a $12.5m Series A funding round.
The round was led by Norwest, with Vertex Ventures Southeast Asia and India joining as a new backer alongside existing investor 3one4 Capital.
The business was set up in 2024 by Karan Mehta and Sonali Jindal, who previously founded the lending firm Kissht, and it combines a full debt-collection platform with purpose-built artificial intelligence for lenders.
RockRose Risk lands $12.5m Series A for wildfire cover
RockRose Risk, the InsurTech firm that gives property owners discounted premiums in exchange for wildfire mitigation work, has raised $12.5m in a Series A funding round.
The round was co-led by Crosslink Capital and Congruent Ventures, with participation from Nuveen Real Estate, one of the world’s largest investment managers with more than $136bn in commercial real estate holdings.
Alongside the raise, RockRose Risk is transforming into a vertically integrated risk manager that brings together autonomous property analysis, mitigation services and insurance cover within a single platform, aiming to cut both wildfire exposure and premiums for property owners.
Xpander raises $7.5m to fix enterprises’ AI adoption gap
Xpander, a vendor-neutral enterprise AI enablement platform, has secured $7.5m in a Seed funding round led by Pico Venture Partners, with participation from Emerge Ventures, Samsung Next and SeedIL.
The capital will be used to speed up Xpander’s push into the market with its all-in-one, turnkey platform, which is designed to work regardless of a customer’s existing vendor setup. Alongside the funding news, the company unveiled Omni, its enterprise AI agent, which has recorded a score of 90.9% on the GAIA benchmark.
Despite widespread interest in AI, few enterprises have managed to embed it meaningfully into their operations.
Velatir raises €5m to scale AI infrastructure in Europe
Velatir, a Danish AI infrastructure company that gives organisations visibility, protection and guidance over how AI tools are used across their workforce, has reportedly raised €5m in a seed funding round.
The round was co-led by Nordic venture capital firm Spintop Ventures and Danish investor Ugly Duckling Ventures, according to a report from Sifted. Existing backer Norrsken Evolve returned for the round, joined by new investors including n8n chief executive Jan Oberhauser, former Universal Robots chief executive Thomas Visti, and the Export and Investment Fund of Denmark.
VastAdvisor closes $1m SAFE round for growth
VastAdvisor, the AI-powered Organic Growth OS for wealth management firms, has closed a $1m SAFE funding round backed by senior figures from across the FinTech industry.
The fresh capital will be directed towards speeding up the company’s product development and supporting its go-to-market strategy.
The round was led by Dani Fava, chief strategy officer at Carson Group, Jason Pereira, CFP, senior partner at Woodgate Financial, and Sally George, partner at Convergency Partners.
Since launching at Future Proof Citywide earlier this year, VastAdvisor has begun forming enterprise partnerships and is preparing to scale its reach among registered investment advisors (RIAs), broker-dealers and wealth platforms.
Alfred launches Costco-style bill membership for UK homes
Alfred, a new AI-native services company, offering UK households a single app through which they can access better prices across energy, mobile, broadband, home insurance, car insurance and breakdown cover, has completed its first financing round.
The round attracted backing from Liberty Global, Amazon’s first investor Nick Hanauer, and professional golfer Justin Rose.
Built for households that would rather not spend hours calling providers, haggling and switching suppliers, Alfred is aiming to shake up the UK’s essential home services market, estimated to be worth £180bn, where consumers frequently end up paying more than they need to across several separate providers.
Kita secures strategic backing from Tokio Marine Group
Kita, a carbon credit insurance specialist, has secured a strategic investment from the Tokio Marine Group and agreed to broaden its existing partnership with the insurer.
The investment, made through Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF), builds on work already under way between Kita and Tokio Marine Kiln, where the two firms have jointly developed political risk insurance cover for carbon credit transactions. With the new backing in place, Kita will now extend its collaboration to further parts of the Tokio Marine Group as it looks to support the growth and integrity of carbon markets worldwide.
A central part of the expanded relationship will take place in Japan, where Kita and TMNF are working on insurance designed to protect buyers of carbon credits from transaction-related risks, including instances where prepaid credits are not delivered as agreed.
Clearhaven makes strategic investment in PayQuicker
PayQuicker, a global payout orchestration platform that connects businesses to payment rails across more than 210 countries and territories, has received a strategic investment from Clearhaven Partners, a private equity firm focused on software and technology.
The transaction saw PayQuicker’s President and CEO, together with members of the Company’s leadership team, invest alongside Clearhaven. The financial terms of the deal have not been disclosed.
XSquare secures funding for B2B finance platform
XSquare, a B2B financial operations platform, that integrates regulated banking services and payment tools into a single interface, has reportedly secured a new investment to accelerate the development of its offering.
The fresh capital will be put towards product development, infrastructure scaling and the expansion of XSquare’s automated financial operations capabilities, with the aim of helping businesses cut administrative complexity and scale more efficiently, according to a report from Wamda.
TopHat Security lands Series A for OT defence
TopHat Security, a specialist provider of purpose-built cybersecurity solutions for operational technology, critical infrastructure, government and artificial intelligence environments, has announced a Series A financing round led by Landolt Securities, Inc.
Landolt Securities acted as both lead investor and placement agent for the round, underscoring its confidence in TopHat Security’s approach to protecting the operational systems underpinning national infrastructure.
The fresh capital will be directed towards expanding TopHat Security’s enterprise product suite, scaling customer delivery and hitting a series of growth targets as the firm positions itself against a rising wave of threats aimed at US government bodies and critical infrastructure operators.
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