FinTech Funding Nears $2B Across 20 Deals This Week

FinTech Funding Stays Strong with $1.9B Raised Across 20 Global Deals

The FinTech funding landscape continued its strong run this week, with $1.9 billion raised across 20 different funding deals globally.
While this total fell slightly from last week’s $2.2 billion, deal activity actually increased with five additional transactions completed.

This trend shows that although average deal sizes dropped, investor appetite across multiple sectors remained strong and diverse.
Notably, InsurTech and WealthTech led the pack, each securing five deals and drawing significant institutional interest worldwide.

WealthTech iCapital Leads with $820M Raise

This week’s headline deal came from WealthTech firm iCapital, which raised a massive $820 million in fresh growth capital.
Led by T. Rowe Price and SurgoCap Partners, the funding will support global acquisitions, tech innovation, and expansion efforts.

iCapital provides digital infrastructure, data tools, and enterprise platforms for wealth managers, asset managers, and financial advisors.
With this round, its valuation surpassed $7.5 billion, reflecting both strong market demand and institutional confidence.

Other Major Deals Top $100 Million

Four other deals crossed the $100 million mark, demonstrating ongoing investor confidence across the broader FinTech funding space.
CyberTech platform Cato Networks secured $359 million in Series G funding led by Vitruvian Partners and ION Crossover Partners.

PropTech company Bilt raised $250 million, bringing its valuation to $10.75 billion, as it expands its rewards-driven rent payments platform.
German InsurTech wefox closed a €151 million ($176.6 million) deal, including equity and refinancing support from Searchlight Capital.

Meanwhile, FinTech infrastructure firm re:cap raised €125 million ($146.2 million) to fuel its UK market entry and cross-border services.

Sector Highlights: WealthTech, InsurTech Lead the Week

WealthTech and InsurTech emerged as the week’s top-performing sectors, with each accounting for five notable deals.
WealthTech names included iCapital, Moment, RedCloud, BridgePort, and Tarmeez, spread across the US, UK, and Saudi Arabia.

InsurTech’s five deals featured wefox, INSHUR, Wrisk, RoofMarketplace, and Stitch Studio, indicating a rebound in insurance innovation interest.
CyberTech and PayTech also had solid representation, each recording three deals across different global markets.

CyberTech included Cato Networks, AirMDR, and RevEng.ai, while PayTech saw action from Two, MWBS, and Cariqa.

Global Spread: US, UK, and Germany Dominate

The United States led the FinTech funding map, recording nine of this week’s deals, spanning sectors from CyberTech to WealthTech.
UK followed with five deals: Wrisk, RedCloud, Gradient Labs, MWBS, and RevEng.ai all raised notable funding rounds.

Germany secured three deals: wefox, re:cap, and Cariqa, maintaining its influence across B2B and InsurTech platforms.
Other represented countries included Israel (Cato Networks), Norway (Two), and Saudi Arabia (Tarmeez), highlighting rising global FinTech diversity.

Q2 WealthTech Trends Show Mixed Momentum

According to FinTech Global, European WealthTech rebounded in Q2, with $700 million raised across 35 deals during the quarter.
This marked a 67% quarter-on-quarter increase, driven by a 3.7x surge in $100M+ deals in the region.

However, year-on-year, funding was down 53% compared to the $1.5 billion raised in Q2 2024.
This suggests a maturing sector with pockets of strong activity despite macroeconomic headwinds.

Outlook: FinTech Funding Stays Resilient Despite Valuation Pressures

Despite a slight drop from last week’s total, the steady rise in deal count shows FinTech funding remains resilient and well-diversified.
With B2B, WealthTech, and CyberTech seeing strong demand, investors continue backing solutions built for scalability and enterprise efficiency.

This week’s activity shows that while mega-deals remain rare, FinTech funding is flowing steadily into high-performing platforms with global traction.

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