Across this week's 27 deals reported on by FinTech Global, FinTech firms pulled in a whopping $1.98bn across all the recorded deals.
The leading round this week came from CyberTech firm Netskope, who pulled in an eye-watering $908m following its IPO.
Sector-wise, the CyberTech sector dominated this week, pulling in a grand total of 10 deals. The WealthTech sector followed behind on six, whilst the RegTech and the financial infrastructure markets pulled in four a piece. InsurTech's secured two deals, and PayTech one deal.
Research from FinTech Global this week detailed that the US cemented its place as the main global RegTech hub with 56% of all deals in Q2.
The sector recorded 124 funding rounds, a 22% increase from the 102 deals completed in Q2 2024.However, funding fell significantly to $1.2bn, a 41% decrease from the $2bn raised in Q2 2024.
California-based Netskope, a cybersecurity company specialising in secure access service edge (SASE) solutions, has raised over $908m through its IPO.
The company, which began trading on Nasdaq under the ticker symbol NTSK, priced its shares at $19 each. Netskope sold 47.8m shares in total, generating proceeds of $908.2m. Following its debut, shares jumped 18% to close at $22.49, having touched an intraday high of $24.40.
Netskope develops a broad range of cloud-focused cybersecurity products. Its portfolio includes secure service edge (SSE) and cloud access security broker (CASB) solutions, as well as offerings in SaaS and data security posture management, firewall, private access, threat protection, and networking.
HALA raises $157m
HALA, a Saudi Arabian firm specialising in embedded financial services for micro, small and medium-sized enterprises, has closed one of the region's largest Series B funding rounds.
The company raised $157m in fresh capital, with the round led by TPG's Rise Fund and Sanabil Investments, the Public Investment Fund-owned investor.
Other participants included QED, Raed Ventures, Impact 46, Middle East Venture Partners, Isometry Capital, Arzan VC, BNVT Capital, Kaltaire Investments, Endeavor Catalyst, Nour Nouf Ventures, Khwarizmi Ventures, and Wamda Capital.
AI security platform Airia bags $100m
Airia, the enterprise AI security and orchestration platform, has raised $100m to accelerate the safe and scalable adoption of AI across global enterprises.
The company, which emerged from stealth just a year ago, has quickly grown to serve more than 300 enterprise customers worldwide.
The funding comes entirely from co-founder John Marshall, who previously co-founded AirWatch, later acquired by VMware for $1.54bn, and also served as co-chairman of OneTrust until 2023.
SEON bags $80m funding
SEON, a fraud prevention and AML compliance platform, has closed an $80m Series C funding round to accelerate its global growth.
The round was led by Sixth Street Growth, with participation from existing backers IVP, Creandum and Firebolt. New investors including Hearst also joined. This latest raise takes SEON's total funding to $187m.
The company operates as a command centre for fraud and compliance, offering a single API that powers rapid customer onboarding, scalable compliance processes and advanced fraud detection. Its solutions are used by thousands of businesses across the world, including Revolut, Plaid, Nubank, Afterpay, Spotify and Entain.
Irregular raises $80m funding
Irregular, the world's first frontier AI security lab, has announced it has raised $80m to set new standards in securing advanced artificial intelligence.
The round was led by Sequoia Capital and Redpoint Ventures, with additional backing from Swish Ventures. Notable angel investors also took part, including Wiz CEO Assaf Rappaport and Eon CEO Ofir Ehrlich.
Formerly known as Pattern Labs, Irregular works alongside leading AI labs including OpenAI and Anthropic to assess how next-generation AI systems could pose real-world threats.
Lending marketplace Splash Financial bags $70m
Splash Financial, a lending marketplace powered by artificial intelligence, has raised more than $70m in a Series C funding round.
The company, which connects consumers with credit unions and banks through automated loan processing technology, also announced the launch of its new home equity line of credit (HELOC) product.
The round was led by Grand Oaks Capital, with backing from First Tech Federal Credit Union, Curql Collective, The O.H.I.O. Fund and existing investors.
Vega secures $65m
Vega, a cybersecurity company founded in 2024, has raised $65m to expand its AI-driven security analytics platform.
The funding round covers both seed and Series A stages and was led by Accel. Cyberstarts, which was Vega's first seed investor, also took part alongside Redpoint and CRV.
The company provides an AI-native platform that delivers security analytics and investigation across any technology stack, without requiring costly data migrations or complex pipeline engineering.
Cybersecurity firm Remedio raises $65m
Remedio, a cybersecurity company focused on device posture management, has raised $65m in its first-ever funding round.
The investment was led by Bessemer Venture Partners, with TLV Partners and Picture Capital also taking part.
Founded by Tal Kollender, a former Israeli cyber unit veteran, Remedio's AI-powered platform continuously monitors devices and operating systems, identifying misconfigurations and fixing them instantly with built-in rollback to avoid disruption.
AI finance platform Tabs raises $55m Series B
Tabs, the New York-based AI-native revenue platform designed for modern finance teams, has announced the close of a $55m Series B funding round.
The round was led by Lightspeed Venture Partners, with participation from General Catalyst, Primary Venture Partners, and World Innovation Lab (WiL). With this latest investment, Tabs has now raised more than $91m in total funding.
Founded in 2023, Tabs provides automation tools for finance teams across the entire contract-to-cash lifecycle. The platform eliminates manual work by using AI agents to handle billing, collections, revenue recognition, and reporting.
FinTech firm Arch secures $52m
Arch, a FinTech firm that provides digital infrastructure for private markets, has secured $52m in fresh funding to accelerate its growth.
The Series B round was led by Oak HC/FT, with contributions from Menlo Ventures, Craft Ventures, Quiet Capital and others.
The company positions itself as an AI-powered operating system designed to streamline alternative investments.
FinTech PayNearMe secures $50m
PayNearMe, a FinTech company transforming how non-commerce businesses and their customers experience payments, has raised $50m in its Series E funding round.
The investment was led by AVP (Atlantic Vantage Point) through its Growth Fund I. The fresh capital will support PayNearMe's plans to grow into new markets and strengthen its payment experience management platform.
The company is best known for pioneering Payment Experience Management, a mix of software and money movement services that optimise the entire payment journey.
WorkFusion raises $45m
WorkFusion, a FinTech firm specialising in AI agents for financial crime compliance, has secured $45m in fresh funding to fuel its next phase of growth.
The funding round was led by Georgian, a growth-stage B2B investor that supports companies through its AI Lab.
Other investors in the round included Serengeti Asset Management, Nokia Growth Partners III, Teralys Capital, Hawk Equity, Chubb INA Holdings, Declaration Partners, WorkFusion CEO Adam Famularo and other leadership members, SVB Innovation Credit Fund VIII, Konrad Investments, and George John.
Reserv extends Series B to $41m
Claims technology provider Reserv, a fast-growing firm specialising in modernising claims management through artificial intelligence, has raised an additional $16m in fresh funding.
The new capital extends the company's oversubscribed Series B round to $41m. The extension was led by QBE Ventures, with new strategic partners joining the round, according to InsurTech Insights.
Existing backers Bain Capital Ventures and Flourish Ventures also took part through pro-rata commitments.
Numeral raises $35m
Numeral, an AI-powered sales tax compliance platform serving e-commerce and SaaS companies, has raised fresh capital to expand its automation-driven services.
The company has secured $35m in a Series B round led by Mayfield, with additional investment from Benchmark, Uncork Capital, Y Combinator, and Mantis. Together with previous rounds, Numeral has now raised a total of $57m.
Founded in 2023 by Sam Ross, CEO, and Matt DuVall, CTO, who previously worked at Stripe and Notion, Numeral helps businesses navigate the highly complex and fast-changing world of sales tax.
Cyber GRC leader RegScale raises $30m
RegScale, a cybersecurity company specialising in continuous controls monitoring for highly regulated industries, has secured more than $30m in fresh investment to accelerate its expansion and product development.
The Series B round was led by Washington Harbour Partners, with participation from M12, Microsoft's venture fund, Hitachi Ventures and Ankona Capital. Existing backers SYN Ventures and SineWave Ventures also joined the oversubscribed round.
Founded to modernise compliance, RegScale offers a platform that turns governance, risk and compliance (GRC) from a manual and checklist-driven process into an automated system.
Terra Security raises $30m
Terra Security, the first agentic-AI-powered penetration testing platform with a human-in-the-loop approach, has raised $30m in Series A funding to redefine how organisations secure their systems.
The round was led by Felicis with participation from Dell Technologies Capital, SVCI, and existing backers SYN Ventures, LAMA Partners, and Underscore VC. The new financing brings the company's total funding to $38m.
Based in the cybersecurity sector, Terra Security has built a platform that continuously tests an organisation's attack surface.
FinTech firm Kredete raises $22m
Kredete, a FinTech company dedicated to helping African immigrants build credit and access financial services, has secured $22m in a Series A funding round.
The round was led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE), alongside Partech, with additional backing from Polymorphic Capital. This takes Kredete's total funding to $24.75m.
Founded in 2023 by serial entrepreneur Adeola Adedewe, Kredete has developed a platform that combines cross-border money transfers with a proprietary credit-building system.
FinTech platform Extend raises $20m
Extend, a spend and expense management platform, has raised $20m in a new funding round as it pushes ahead with expansion plans.
The latest round included both debt and equity, with equity investment led by B Capital. Other backers included March Capital, Point72 Ventures, FinTech Collective, and newcomer Commerce Ventures.
The FinTech enables businesses to streamline payments and expenses without changing their existing bank card programmes. Extend's technology allows companies to generate virtual cards for vendor and employee use while incorporating tools for approvals, receipt capture, and automated reconciliation.
Stablecore raises $20m
Stablecore, a FinTech platform enabling community and regional banks and credit unions to offer stablecoins, tokenised deposits and digital asset products, has raised $20m in fresh funding.
The investment was led by Norwest with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, Bankers Helping Bankers Fund and others. Together, these investors represent more than 290 limited partner banks and credit unions.
Stablecore describes itself as a "digital asset core", unifying the key components of digital asset offerings into a single platform built specifically for financial institutions outside the largest banks.
Compliance tech firm Kertos raises €14m
Kertos, a Munich-based RegTech company, has raised €14m in a Series A funding round to expand its compliance platform for European SMEs and scaleups. The investors were not disclosed.
Founded by a lawyer alongside product and engineering experts, Kertos began by automating GDPR data subject requests and has since grown into a full compliance suite covering ISO 27001, ISO 42001, NIS2, DORA, and TISAX. Its platform uses AI to handle evidence collection, vendor checks, and policy drafting, while its Peer-to-Peer Trust Graph allows companies to reuse verified controls across networks.
Parisian InsurTech Seyna bags €10m
Paris-based Seyna, a pioneering InsurTech company, has raised €10m in a funding round led by 115K, with participation from White Star Capital and Elaia, taking its total funding to €57m.
The newly secured funding will be used to strengthen Seyna's technology platform and support the development and launch of customised insurance products for brokers and MGAs, while maintaining robust risk management practices, according to InsurTech Insights.
Last year, Seyna reported more than €91m in gross written premiums and anticipates exceeding €125m in 2025, highlighting the company's strong growth trajectory in the French insurance market.
Silent Push raises $10m
Silent Push, a cybersecurity company founded in 2020 by former FireEye executives Ken Bagnall and John Jensen, has raised $10m in fresh funding to boost innovation, expand internationally and build on customer adoption.
The Series B round was led by StepStone Group, with additional participation from Ten Eleven and Knollwood Investment Advisory, claims Silicon Angle.
The company, which specialises in preemptive threat intelligence, uses a model it calls "Indicators of Future Attack" to help organisations identify malicious infrastructure before it is fully deployed.
Fabrix Security raises $8m
Fabrix Security, a cybersecurity startup focused on artificial intelligence-driven identity protection, has exited stealth with fresh funding.
The company has raised $8m in a seed round backed by Norwest, Merlin Ventures and Jibe Ventures.
Fabrix has developed an AI-native identity and access management solution designed to handle both human and non-human identities, including bots, API keys, service accounts and AI agents. The platform enforces least privilege access and reduces attack surfaces without slowing business operations.
uiAgent raises $4.6m
uiAgent, a technology company specialising in AI agent automation for accounting firms, has closed a $4.6m seed round to expand its platform.
The investment was led by Marathon Management Partners, with additional backing from Rerail. As part of the deal, Marathon founding partner Chase Packard has joined uiAgent's board of directors.
Founded to serve the accounting sector, uiAgent provides a dedicated automation platform powered by AI agents.
Mazlo bags $4.6m
Mazlo, a compliance-focused banking platform for nonprofit finance, has announced the close of a $4.6m funding round.
The San Francisco-based FinTech, founded to streamline the complex financial processes faced by nonprofit organisations, is launching with more than 60 partner organisations and fiscal sponsors across 47 states.
The funding came from Westbound Equity Partners, super{set}, Social Good Fund, a16z, Charles Oppenheimer, alongside contributions from friends, family and advisors.
DianaHR raises $3.7m
DianaHR, a startup founded by former Gusto head of engineering Upeka Bee, has raised $3.7m in a seed round to expand its AI-powered HR-as-a-Service platform for small and medium-sized businesses (SMBs).
The investment was led by SNR Ventures, with participation from General Catalyst, Y Combinator, and several unicorn founders, including the creators of Mercury, Twitch and Dropbox.
The company, which launched its product earlier this year, offers SMBs a platform that automates the bulk of HR tasks while keeping a human expert in the loop.
Stripe veterans launch Seapoint with $3m
Stripe alumni have unveiled Seapoint, a FinTech venture aiming to transform financial management for startups and scale-ups across the UK and Europe.
The company has raised $3m in pre-seed funding to launch its AI-powered platform, which seeks to replace the fragmented systems many growing firms currently rely on.
The round was led by Frontline Ventures, with participation from Tapestry VC and several prominent angel investors, including the former COOs of Stripe, Revolut, Tide and Tines.
Premier Credit Uganda secures $1.5m
Premier Credit Uganda, a licensed microfinance institution and subsidiary of The Platcorp Group, has raised $1.5m from Swiss impact asset manager Enabling Qapital to expand its operations and further its mission of driving financial inclusion across the country.
The funding marks one of the largest financial deals in Uganda this year, according to Crunchbase, and the only FinTech investment completed in July.
The capital will help the company extend services to underserved groups, including rural communities, women and young people, who often face difficulties accessing traditional financial products.