Weekly Roundup: 23 Exciting FinTech Funding Rounds You Can’t Miss!
In a remarkable week for the FinTech sector, a total of $2.6 billion was raised, significantly driven by Acrisure’s impressive $2.1 billion funding round. This surge in funding highlights the ongoing growth and investment in the FinTech industry, showcasing both established players and emerging startups.
Overview of FinTech Funding Activity
This week saw a total of 23 FinTech funding rounds reported, marking a slight increase from the previous week, which had 18 deals. Here’s a breakdown of the major funding activities:
Acrisure’s Record-Breaking Funding Round
The standout deal of the week came from Acrisure, a company providing diverse FinTech solutions ranging from insurance to wealth management. They successfully raised $2.1 billion through the issuance of convertible senior preferred stock. The round was led by Bain Capital and included participation from notable investors such as Fidelity Management & Research Company and Apollo Funds.
Other Notable Funding Rounds
- Airwallex: This Australian FinTech raised $300 million to expand into markets including Japan, Korea, the UAE, and Latin America.
- Keep: The Canadian FinTech secured C$108 million (approximately $72.7 million) to enhance its services for small businesses.
- RevenueCat: Focused on app monetization, this company raised $50 million in a Series C round.
Sector Performance Insights
In terms of sector performance, both CyberTech and WealthTech led the week with five deals each. The companies involved included:
- WealthTech: Clair, Thndr, Seeds, Penfold, ElGameya
- CyberTech: TrustCloud, BreachRx, Pixee, Wirespeed, HOOTL
Growth in Global InsurTech Investments
Despite a slow week for InsurTech deals, the sector has shown resilience. In Q1 2025, global InsurTech investments surged by 66% quarter-over-quarter, reaching $746 million. The U.S. accounted for the majority of these investments with 12 companies securing funding.
International Funding Landscape
Canada and Egypt were the other countries to witness multiple FinTech deals, each recording two significant investments. The landscape also included activity from countries like:
- Australia: Airwallex
- Germany: Aufinity
- Ireland: Kota
- Singapore: CrediLinq
- France: Riverse
- UK: Penfold
- UAE: HOOTL
Future Outlook
As the FinTech sector continues to attract investments, the focus on innovation and expansion remains strong. Companies are leveraging funds to enhance their offerings and enter new markets, paving the way for a dynamic future in the financial technology landscape.
For more details on the latest in FinTech investments, visit FinTech Global.