Hello Fintech Friends,
Today’s newsletter is brought to you by our friends at Spinwheel (with a new fundraise announcement! and Restive Ventures.
Please find another week of fintech financing events below.
(👍👎 Have feedback for us? Let us know. Find me at @nikmilanovic, @twifintech, and @ndm)
💡
A Message From Our Partner
Meet the API That's Modernizing Consumer Credit
Credit is overdue for a reinvention, and Spinwheel might just be the spark we've been waiting for. Their Debt APIs streamline the consumer debt lifecycle, slashing inefficiencies and unlocking real-time, verified credit data, all from just a phone number and birthdate. Yes, that’s it. A phone number, birthdate, and voilà – it’s magic (...or smart tech)!
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📊 Stat of the Week
Global spend on Anti-Money Laundering / Know-Your-Customer data & services is projected to total a record $2.9 billion in 2025, according to a new research report published by Burton Taylor Consulting.
💸 Venture Financing
Digital Assetraised$135 million to scale its privacy-focused Canton blockchain, backed by firms like BNY Mellon, Goldman Sachs, and Citi.
Finomclosed€115 million (approx. $123 million) to expand its SMB-focused fintech operations across Europe.
Conquest Planningraised$80 million in a Series B led by Goldman Sachs Alternatives to advance its AI-powered financial planning tools.
Niuralsecured$31 million to enhance its global payroll and HR platform.
Spinwheelraised$30 million in a Series A to deliver real-time data and agentic AI tools to improve consumer credit infrastructure.
Multiplier, founded by an ex-Stripe executive, secured $27.5 million to power AI-driven accounting roll-ups for SMBs.
Veda, a DeFi vault platform, secured$18 million in a funding round led by CoinFund.
GTE, a DeFi competitor to Hyperliquid, raised$15 million in a Series A led by Paradigm.
Sibillclosed a €12 million Series A to scale its spend management tools across Europe.
TACraised$11.5 million to integrate DeFi into Telegram's billion-user ecosystem.
Quinnraised$11 million to deliver embedded financial planning tools for fintechs.
Blueprint Financeraised$9.5 million from Polychain Capital to scale its DeFi infrastructure.
Equivatorannounced an $8 million investment round aimed at accelerating its AI capabilities in the MENA region.
Meridian Private Equity, led by a former Blackstone investor, secured$7 million to build an AI-powered operating system for private equity.
Clairaraised$7 million in a round led by Barclays and Citi to improve deal intelligence with AI.
Project Elevenraised$6 million to protect Bitcoin from quantum computing threats.
Naroiq, a German fintech, raised€5.8 million to build fund infrastructure across Europe.
Foresightsecured$5.5 million in seed funding to unify data and AI for private market investors.
Jarsyraised$5 million in pre-seed funding to build a smarter money management app.
Stackupraised$4.2 million to streamline operations for crypto-native businesses.
YieldClubraised$2.5 million in pre-seed funding to expand its web3 investment platform.
Nook, a crypto app, received $2.5 million in backing from Coinbase Ventures, Defy VC, and UDHC.
Castleraised$1 million to offer an automated Bitcoin treasury tool for U.S. businesses.
Unity Partnerscompleted a strategic investment in fractional finance platform Amplēo.
Erebor, a stablecoin project building a de novo bank, is reportedly raising capital from Palmer Luckey at a $2.25 billion valuation.
ProfitSolvsecured a strategic investment co-led by FTV Capital and Lightyear Capital, amount undisclosed.
💡
A Message From Our Partner
Do you have the right people in your start-up’s corner? 🥊
Restive Ventures provides investment and access to exclusive programming and events focusing on the keys to push your business further, faster. We’ll build your network of investors, partners, regulators and policy makers, and media.
Apply now if you’re an early stage fintech founder, and let’s get started. 💪
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