Hello Fintech Friends,

We just added a few great speakers to Stablecon:

  • Jonathan Steinberg, WisdomTree CEO

  • Thom Hook, MoonPay Global Chief Compliance Officer

  • Michael Shaulov, Fireblocks CEO

  • David Marcus, Lightspark CEO

  • Mark P. Wetjen, former CFTC Commissioner

  • Jelena McWilliams, former FDIC Chairman

Check out the full agenda here: https://www.stablecon.com/agenda

And tickets are available for a limited time at a 17% discount until april here:

Please find another week of fintech financing events below.

(👍👎 Have feedback for us? Let us know. Find me at @nikmilanovic, @twifintech, and @ndm)

💡

Sponsored Content

Join us for "Fintech Meetup: Navigating the New Frontier," sponsored by Visa Direct and TabaPay, on Wednesday, March 12 at 1 PM. Doors open for
lunch at 12:30 PM. Discover how top fintechs and banking partners are tackling today's
challenging regulatory landscape to innovate and succeed, with insights from industry experts on managing compliance and risk in a new era of banking regulation.

Want to sponsor a newsletter? See our sponsorship information here.

📊 Stat of the Week

"About 18% of addressable US consumer spend remains on cash and check, not to mention meaningful legacy ACH volume," Visa Investor Day 2025, from Jevgenijs Kazanins

💸 Venture Financing

  • Plaid, the financial data aggregation platform, is finalizing a secondary share sale up to $400 million at a $6 billion valuation.

  • Quantexa, a decision intelligence platform for financial services and the public sector, raised a $175 million Series F at a $2.6 billion valuation.

  • Ramp, the corporate card and expense management platform, secured a $13 billion valuation in a $150 million secondary deal.

  • Flowdesk, a crypto market maker, raised $102 million in new funding.

  • Grainemerged from stealth with $50 million to help businesses hedge against FX volatility.

  • Swapsecured $40 million to build tools for merchants dealing with tariffs and cross-border trading challenges.

  • Flex, a Brex-like service for business owners, raised $25 million at a $250 million valuation.

  • Numeral, a sales tax AI platform, raised $18 million.

  • Workhelixraised $15 million in Series A funding to assist enterprises in applying AI.

  • Ijnfrared, a liquid staking DeFi protocol builder, raised a $14 million Series A round.

  • Zockssecured $13 million to build AI wealth management.

  • Mytu, a Lithuanian banking platform, raised €10 million in Series A funding.

  • August, a crypto prime brokerage, raised $10 million.

  • Fairplay, a fairness testing software provider for banks and fintech lenders, raised $10 million from backers including JP Morgan.

  • Amnisraised CHF 10 million in Series B funding to expand its international banking platform.

  • Niva, a Latin American KYB provider, raised $5.5 million.

  • Quanta, a San Francisco-based AI accounting platform, raised $4.7 million in seed funding.

  • Lenkie, a UK credit assessment app, raised a Series A round of £4 million in equity and an additional £45 million debt facility

  • Cino, a bill-splitting app, raised €3.5 million to expand into the UK market.

  • Aegis, a startup developing a bitcoin-backed stablecoin independent from the fiat banking system, secured $2 million in a pre-seed funding round.

  • Shiboleth, a startup using AI to audit bank-fintech partnerships, raised $1.5 million in seed funding.

  • Hands In, a fintech innovator in split payment solutions, raised over £1 million in its latest funding round.

💵 Debt Financing

  • Duetti, a platform for acquiring, financing, and tranching music catalogs, raised $200 million in debt funding.

1/ Money has evolved:

💰 Gold → 📝 Paper money → 💳 Digital banking → Now… Stablecoins?

If digital banking works, why do we need stablecoins?

Because the current financial system is slow, expensive, and outdated.

Let’s break it down. 🧵— Dennis Owusu-Sem (@dsem221) March 5, 2025

💡

Sponsored Content

Join us for "Fintech Meetup: Navigating the New Frontier," sponsored by Visa Direct and TabaPay, on Wednesday, March 12 at 1 PM. Doors open for
lunch at 12:30 PM. Discover how top fintechs and banking partners are tackling today's
challenging regulatory landscape to innovate and succeed, with insights from industry experts on managing compliance and risk in a new era of banking regulation.

Want to sponsor a newsletter? See our sponsorship information here.

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