Global Fundraising Decline
The global FinTech sector recorded a subdued week of fundraising, with companies collectively raising $219.95 million across 14 deals. The figures mark a slowdown compared to recent weeks, where larger equity rounds and higher volumes of activity had driven investor momentum.
Smart Secures Major Credit Facility
The most significant transaction of the week came from UK-based Smart, a WealthTech platform specialising in global retirement savings technology. The company secured a €69.4 million ($76.3 million) credit facility to accelerate its expansion. The financing, arranged by CIBC Innovation Banking, will also support consolidation opportunities within the UK pensions market.
RegTech Gains Attention with 1Kosmos Round
In the United States, RegTech company 1Kosmos drew attention after closing a $57 million Series B funding round. The firm, which focuses on identity proofing and passwordless authentication, plans to use the new capital to drive product innovation and expand globally. The investment comes at a time when impersonation-based cyberattacks are rising, creating stronger demand for advanced digital identity solutions.
Zodia Markets Expands Digital Asset Settlement
Zodia Markets, a London-based digital asset platform specialising in institutional stablecoin trading and settlement, followed closely behind with an $18.25 million Series A raise. The funding round, led by Pharsalus Capital with backing from Circle Ventures and other investors, will be used to expand the company’s infrastructure for real-time cross-border settlement.
Payments Sector Sees Steady Activity
The payments sector also saw notable traction. U.S.-based Transak secured $16 million to scale its fiat-to-crypto infrastructure and strengthen its compliance stack, while UK-founded ONERWAY raised $10 million to advance its global payments platform. In Africa, HoneyCoin closed a $4.9 million round to further develop its payments ecosystem, highlighting the growing demand for digital financial services on the continent.
Additional Global Deals
Cache, a U.S. wealth management firm, raised $12.5 million in Series A funding to expand its tax-efficient investment solutions, while Drivepoint, a UK strategic finance platform, secured $9 million to accelerate AI-driven forecasting tools for consumer brands. Inclined Technologies, focused on unlocking the living benefits of whole life insurance policies, brought in $8 million in its latest round, while Malaysian health-tech firm Naluri raised $5 million to strengthen its digital wellbeing programmes. Blockchain-powered remittance provider Riva Money also drew early investor attention with a $3 million pre-seed round.
Geographic and Sectoral Breakdown
Geographically, the United States led activity with seven transactions, followed by the United Kingdom with five. Kenya and Malaysia also recorded one deal each, reinforcing the sector’s global footprint. From a sectoral perspective, Infrastructure and PayTech led with four deals each, while WealthTech secured three, InsurTech two, and RegTech one.
Market Outlook Remains Stable
Although this week lacked blockbuster deals, the geographical spread and sectoral diversity underscored the resilience of investor interest. Industry observers note that the current slowdown reflects broader market caution rather than a lack of confidence, as investors continue to back firms across payments, infrastructure, and wealth management.
The steady flow of funding, despite a quieter week, suggests that the FinTech sector remains on solid footing as companies adapt to shifting market dynamics.
