Here are the deal highlights from the last two weeks:
Tracelight provides an AI engine for complex financial modelling in Excel, purpose-built to fit precisely into professional analyst workflows…Early users are already reporting >90% time savings on laborious modelling tasks like building common analyses, formatting, and finding errors.
An add-on to and GTM via the omni-present spreadsheet in financial institutions. It will be interesting to see how the market buys, e.g. with native AI / LLM-based financial analysis players, and those specialized in addressing end-to-end workflows for investment banks, PE/ VC etc.
A new startup, Lava Payments, aims to take on payment giants by building a solution for the modern web where AI agents now handle transactions for their customers….“Without Lava, agents can’t move smoothly through the internet because they constantly get blocked when it comes time to pay,” he said. He used Google as an example, saying every time a person opens Google Maps, they don’t have to pay Google for that map, as they’ve already paid Verizon and AT&T to access the internet.
We like the chutzpah of letting AI agents handle AI-usage payments! Or the potential to add payment-adjacent offerings like BNPL, spend management etc. But: this probably takes on players in the cloud finops space – e.g. see Alaan and Stavtar below- or the cloud providers themselves, or even business neobanks?
Brazil-based FinTech firm NG.CASH, a digital platform catering to the country’s Gen Z consumers, has raised $26.5m in its latest Series B funding round. NG.CASH initially launched as a real-time payments platform but has since broadened its product suite to include prepaid cards, device insurance, AI-powered financial tools, and tailored instalment plans. These offerings are primarily bundled within a core subscription service aimed at providing affordable, accessible financial services to young Brazilians…
One to watch- especially how they wedged in with RTP, how they added on products, what’s on the product roadmap- and just what is possible if NG goes headlong after the Gen Z segment given Nubank’s success in Brazil.
FinTech firm Capitolis secures $56m from global banks…Capitolis partners with leading financial institutions to provide optimisation and capital marketplace solutions aimed at improving efficiency in capital markets. Its offerings are designed to help financial firms streamline and better utilise their balance sheets.
One of the first serious players addressing the opportunity created by banks’ stringent regulatory and capital adequacy requirements on the one hand, and institutional investors looking to deploy capital on the other.
A neat solution to what looks like a niche (“rich people’s”) problem, but with a potential path to acquiring them for broader wealth management offerings:
Cache, a San Francisco-based startup he describes as a specialized brokerage for managing large stock positions…“Think Schwab, but exclusively for people with concentrated stock holdings.”… Cache’s flagship product is what’s called an exchange (or swap) fund that lets investors diversify without triggering capital gains taxes — a strategy the entrepreneur said was previously only available through Goldman Sachs and Morgan Stanley‘s private wealth divisions.
“They often came bundled with a private wealth relationship that required a $10 million-plus net worth, minimum investment of $1 million, and fees that could reach as high as 2.5% per year,” he told Crunchbase News.
Great team going after some amazing ideas.
Deciens Capital Closes $93.33M Fund III to Back Next-Generation Financial Services…The firm backs founders reimagining how financial services are created, distributed, and consumed. Notable investments include Chipper Cash, Treasury Prime, Sydecar, and beatBread…Fund III has already deployed capital in four investments, including Grupago, Generous Energy, June Point Lending, and another in stealth. Deciens expects to back 12-15 companies from the fund, seeking meaningful ownership in large, winner-take-all markets.
Read on for more on the founders and investors in the news last week. If you building or backing “what’s next in finance” and want to spread the word with our network of over 20k, reach out to Samarth Shekhar or Frank Schwab.
FUNDING ROUNDS
Tracelight Raises $3.6M in Seed Funding
Tracelight, a London, UK-based AI company developing financial models, raised $3.6M in Seed funding.
The round was led by Chalfen Ventures, with participation from Acequia Capital, Inovo and Entrepreneurs First, and angels including Charlie Songhurst (ex Microsoft head of Corporate Strategy) and Suhit Gupta (ex-CIO General Atlantic and Carlyle).
The company intends to use the funds to build out the product, team and distribution to serve the world’s finance and strategy professionals.
Led by Peter Fuller, Janek Zimoch, and Aleksander Misztal, Tracelight provides an AI engine for complex financial modelling in Excel, purpose-built to fit precisely into professional analyst workflows.
https://www.finsmes.com/2025/08/tracelight-raises-3-6m-in-seed-funding.html
Latvian fintech startup Handwave raises $4.2 million for palm payments
Latvian fintech startup Handwave has raised $4.2 million in seed funding to launch its palm-based payment and identity platform in Europe and the US.
The round includes backing from regional investors, led by Practica Capital, with support from FirstPick, Outlast Fund and Inovo.vc, and will fund product development, regulatory certifications, and live retail pilots.
Handwave enables customers to scan their palm using their phone camera, and link payment and loyalty cards, as well as identity credentials, to a secure digital wallet. Once enrolled, users hold their palm over a reader to pay, activate loyalty, or confirm their age.
Payment platform Lava raises $5.8M to build digital wallets for the ‘agent-native economy’
A new startup, Lava Payments, aims to take on payment giants by building a solution for the modern web where AI agents now handle transactions for their customers. The idea came to founder Mitchell Jones after he left his earlier Y Combinator-backed fintech startup, Lendtable, as he began to experiment with AI.
He saw the potential to build out a system that would make using AI and agent payments simpler and more developer-friendly. While experimenting with an AI app and trying to build what he thought was something simple, he realized he quickly spent more than $400 trying to build a basic form-filling agent.
Revolut alumnus extends Seed round to €6.3 million to grow payments network
Due, a payment startup founded by Revolut alumni, has extended its Seed round to €6.3 million to launch a new API platform encompassing stablecoin payments.
Founded in 2022, Due provides growing businesses with a multi-currency account to send and receive funds directly between local and foreign fiat currencies, as well as stablecoins.
The company is now expanding its business with the launch of an embeddable API for fintechs looking to offer cross-border payments and crypto wallets.
In both instances, the company offers real-time FX and settlement in 80+ markets with a single API integration that combines local payment rails, liquidity markets, and blockchain networks into a single infrastructure.
Debt collection fintech DPDZero raises $7m in funding
Debt collections is the backbone of lending, however collections today are run by collection agencies who care very little about the borrower and mostly care about their commissions.
With a vision to build India’s best collections company, DPDzero has announced raising $7million in Series-A funding led by GMO VenturePartners – Japan’s premier fintech focused VC, SMBC Asia Rising Fund, and Blume Ventures, which has doubled down since the previous round. It also saw participation from India Quotient, Sinarmas Group and others.
This capital will fuel the development of DPDzero’s multi-lingual AI collection agent and power the launch of a network of professional field collection agents, laying down the high-performance collections infrastructure that Indian financial institutions need.
https://www.finextra.com/pressarticle/106627/debt-collection-fintech-dpdzero-raises-7m-in-funding
OLarry secures $10m to disrupt tax advisory with AI
OLarry, an AI-powered tax advisory firm catering to high-net-worth individuals and businesses, has announced the close of a $10m Series A funding round.
The round was led by TTV Capital, with participation from Walkabout Ventures and Marin Sonoma Impact Ventures. This latest investment brings OLarry’s total funding to $14.5m.
Founded to bridge the gap between basic DIY tax software and the expensive, hourly services of elite tax firms, OLarry offers clients all-inclusive annual tax services underpinned by AI. The company aims to democratise proactive tax planning by automating routine workflows, allowing CPAs to focus on delivering personalised, year-round advice to clients with complex financial needs.
https://fintech.global/2025/08/06/olarry-secures-10m-to-disrupt-tax-advisory-with-ai/
Docyt Raises $12M in Pre-Series B Funding
Docyt, a Mountain View, CA-based leader in AI-powered accounting automation, raised $12M in Pre-Series B funding.
The round was led by Pivot Investment Partners and existing investors.
The company, which has launched Docyt High Precision Accounting Intelligence (HpAI), a next-generation AI engine purpose-built to automate complex accounting workflows with unmatched precision, intends to use the funds to scale its AI solutions across accounting firms and multi-entity businesses.
Docyt HpAI is purpose-built for accounting, combining large language models (LLMs) with precision-trained AI tailored for complex workflows like reconciliation, categorization, anomaly detection, and month-end close. These capabilities are delivered via the Docyt Accountant Copilot with new AI agents embedded across the product workflow to simulate the intelligence of senior bookkeepers, enabling accounting firms to offload tasks typically handled by junior accountants. Docyt’s AI tabulates data, prepares analytics, flags key anomalies, and automates the month-end close. By leveraging Docyt’s Copilot, firms can scale operations without the burden of hiring or training additional staff.
https://www.finsmes.com/2025/08/docyt-raises-12m-in-pre-series-b-funding.html
FinTech firm Daloopa secures $13m to boost AI in finance
Daloopa, a FinTech company specialising in AI-powered fundamental data infrastructure for financial services, has raised $13m in strategic investment.
The latest round drew participation from both existing and new investors, including Pavilion Capital.
Daloopa delivers structured and fully sourced financial data to the world’s leading equity research and investment teams. It covers nearly 4,700 public companies globally and claims to offer up to 10 times more datapoints per company than competing providers. Each datapoint is hyperlinked to original sources such as filings, footnotes, and transcripts, ensuring full auditability and transparency.
The company plans to use the new funding to expand its product capabilities, deepen integration with large language models (LLMs), and support further research in AI. These enhancements will enable institutions to build more reliable and scalable AI-powered financial tools.
https://fintech.global/2025/08/05/fintech-firm-daloopa-secures-13m-to-boost-ai-in-finance
Casap Raises $25M Series A to Revolutionize Payment Disputes with AI and Eliminate First Party Fraud Losses
Backed by Emergence and Lightspeed, Casap is rebuilding the broken dispute process, using intelligent automation to resolve cases in record time and strengthen consumer loyalty at scale.
NEW YORK–(BUSINESS WIRE)–Casap, the leader in intelligent automation for dispute and fraud operations, has raised $25 million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners, SoFi and others. This brings Casap’s total funding to $33.5 million and sets a new record for venture investment in the payment disputes category. The raise signals a surge in demand from financial institutions looking to streamline dispute resolution and reduce fraud losses while building consumer loyalty.
Brazilian FinTech NG.CASH secures $26.5m Series B
Brazil-based FinTech firm NG.CASH, a digital platform catering to the country’s Gen Z consumers, has raised $26.5m in its latest Series B funding round.
The investment was led by New Enterprise Associates (NEA) and included backing from Quantum Light, the innovation-focused fund founded by Revolut’s Nikolay Storonsky, alongside Monashees, Andreessen Horowitz (a16z), Endeavor Catalyst, 17Sigma, and Daphni. Notably, 17Sigma founder and Ualá CEO Pierpaolo Barbieri is also joining NG.CASH’s board.
NG.CASH initially launched as a real-time payments platform but has since broadened its product suite to include prepaid cards, device insurance, AI-powered financial tools, and tailored instalment plans. These offerings are primarily bundled within a core subscription service aimed at providing affordable, accessible financial services to young Brazilians.
https://fintech.global/2025/08/08/brazilian-fintech-ng-cash-secures-26-5m-series-b/
GeoWealth Secures $38 Million in Series C Funding Led by Apollo
GeoWealth and Apollo form strategic partnership to transform how private market funds are integrated into model portfolios for the RIA community
CHICAGO–(BUSINESS WIRE)–GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), today announced that it has raised a $38 million Series C funding round led by Apollo (NYSE: APO). In tandem, GeoWealth and Apollo have formed a strategic partnership to expand access to customizable public-private model portfolios for registered investment advisors (RIAs).
The previously announced investment from BlackRock, J.P. Morgan Asset Management and Kayne Anderson Capital Advisors (sub-advised by Composition Capital) is included in the Series C funding total. The strategic partnership between GeoWealth and Apollo will combine GeoWealth’s unified managed account (UMA) technology, powered by its proprietary portfolio management software, with Apollo’s private markets building blocks to help clients construct more efficient and robust multi-asset portfolios.
Digital bank Grasshopper secures $46.6m in new funding
Grasshopper, a full-service digital bank focused on client-first financial solutions, has announced the successful completion of a $46.6m funding round.
The round was led by Patriot Financial Partners LP, with additional support from Glendon Capital Management. The new investment follows the bank’s recent merger with Auto Club Trust, FSB, which was finalised in April 2025.
Grasshopper provides a comprehensive digital banking platform tailored to the needs of modern businesses and, increasingly, consumers. Its suite includes secure deposit accounts, flexible lending products, and digital financial tools designed to support clients across various growth stages.
https://fintech.global/2025/08/06/digital-bank-grasshopper-secures-46-6m-in-new-funding
Corporate card platform Alaan secures $48m Series A round
Alaan, a MENA-based FinTech firm offering AI-driven financial operations tools for businesses, has raised $48m in its Series A funding round.
The round was led by Peak XV Partners, previously known as Sequoia Capital India & SEA, and included participation from both international and regional investors. The raise comprised a mix of primary and secondary investments.
Founded in 2022, Alaan helps companies across the Middle East manage spending more efficiently through a platform that integrates corporate cards, automated expense management, reconciliation, and payment workflows.
With the fresh funding, Alaan plans to accelerate its expansion across the Gulf Cooperation Council (GCC), particularly targeting growth in the Kingdom of Saudi Arabia. The capital will also be used to enhance its AI-powered finance operations suite and to innovate further on its AI agents for finance teams.
https://fintech.global/2025/08/06/corporate-card-platform-alaan-secures-48m-series-a-round/
Spend management startup Stavtar secures $55m funding boost
Stavtar Solutions, a US-based startup with a SaaS platform for expense allocations and spend management, has completed a series A funding round worth $55m
The investment has come from tech-focused and US-based venture capital firm Elephant and will be used to accelerate Stavtar’s growth plans and to scale its operations.
The company is targeting alternative asset managers such as hedge funds that have been relying on manual processes for their spend management.
The news comes just a day after another spend management startup, UAE-based Alaan, pulled in $48m in series A funding.
FinTech firm Capitolis secures $56m from global banks
Capitolis, a FinTech focused on capital markets infrastructure, has announced the close of a $56m funding round supported by both strategic bank investors and venture capital firms.
The latest round includes new investments from Barclays and BNP Paribas, who join existing investor J.P. Morgan. Other backers from earlier stages—Citi, Morgan Stanley, State Street, and UBS—also participated. Venture capital firms Canapi Ventures, 9Yards Capital, and Greenfield Partners, which previously invested in the company’s Series D in 2022, have also increased their financial support.
Capitolis partners with leading financial institutions to provide optimisation and capital marketplace solutions aimed at improving efficiency in capital markets. Its offerings are designed to help financial firms streamline and better utilise their balance sheets.
https://fintech.global/2025/08/07/fintech-firm-capitolis-secures-56m-from-global-banks
Rillet raises $70M to replace 20th-century accounting software with AI-native ERP built by accountants
The AI-native ERP platform secures backing from Andreessen Horowitz and ICONIQ, bringing total funding to over $100M in one year.
San Francisco, Aug. 06, 2025 (GLOBE NEWSWIRE) — Ambitious companies don’t rise or fall by product alone – they win or lose by how they run finance and accounting. Rillet, the AI-native ERP (enterprise resource planning) platform built for modern finance teams, today announced a $70 million Series B co-led by Andreessen Horowitz and ICONIQ with participation from Sequoia, Oak HC/FT and earlier investors. In conjunction with the new funding, Andreessen Horowitz General Partner Alex Rampell and ICONIQ General Partner Seth Pierrepont are joining the board.
Saphyre lands $70m to scale AI trading workflow platform
Saphyre, an AI-driven software platform transforming operational workflows in finance, has secured $70m in growth equity from FTV Capital.
The investment comes from FTV Capital, a growth equity firm known for backing high-growth capital markets technology companies.
This funding is aimed at supporting Saphyre’s expansion across international markets, accelerating product development, and deepening its integration within the financial services ecosystem.
Founded in 2017, Saphyre digitises and automates pre- and post-trade workflows for financial institutions. Its AI-based platform enables efficient onboarding and trading between counterparties by preserving data context across the fund lifecycle. The technology is designed to significantly reduce manual operations, cut post-trade redundancies by up to 75%, and enable ready-to-trade status in under 24 hours.
https://fintech.global/2025/08/01/saphyre-lands-70m-to-scale-ai-trading-workflow-platform/
Blue J raises $122m to scale AI-powered tax research
Blue J, a generative AI platform transforming tax research, has secured $122m in Series D financing to scale its growth and innovation.
The latest funding round was led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners and existing investors Ten Coves Capital and CPA.com.
Founded to simplify the complexities of tax law, Blue J uses generative AI to provide fast, accurate answers to complex tax queries. Its platform supports U.S. federal, state, and local tax research, alongside Canadian and UK tax law, enabling professionals to navigate high-stakes regulatory challenges with confidence.
https://fintech.global/2025/08/05/blue-j-raises-122m-to-scale-ai-powered-tax-research/
M&A
Growers Edge Buys FarmTest
Growers Edge, a Johnston, IA-based financial technology firm that provides modern financial products and data-driven tools for agricultural retailers, manufacturers, and lenders, acquired FarmTest, a Palo Alto, CA-based provider of an automated performance testing platform for commercial farms.
Nick Cizek, founder and CEO of FarmTest, will join Growers Edge as Vice President of Innovation Operations.
The amount of the deal was not disclosed.
The acquisition will help agricultural retailers and manufacturers quickly design, execute, and analyze field trials that strengthen the agronomic foundation of their warranties.
FarmTest is a provider of an automated performance testing platform that delivers precise, efficient, and plot and strip trials for commercial farms using commercial farm equipment. It streamlines design, execution, and analysis that improves profitability and promotes informed agronomic decisions.
https://www.finsmes.com/2025/07/growers-edge-buys-farmtest.html
VENTURE FINANCING
Trump’s son-in-law Kushner takes stake in UK lender OakNorth
The private equity firm set up by Jared Kushner, President Donald Trump’s son-in-law, is to take a stake in OakNorth, the British-based lender which has set its sights on a rapid expansion in the US.
Sky News has learnt that Affinity Partners, which has amassed billions of dollars in assets under management, has signed a deal to acquire an 8% stake in OakNorth.
The deal is expected to be concluded in the coming weeks, industry sources said on Friday.
Mr Kushner established Affinity Partners in 2021 after leaving his role as an adviser to President Trump during his first term in the White House.
He is married to Ivanka, the president’s daughter.
Affinity manages money for a range of investors including the sovereign wealth funds of Qatar and Saudi Arabia.
https://uk.news.yahoo.com/trumps-son-law-kushner-takes-104700950.html
Riva raises $3m to speed up global money transfers
Riva Money has secured $3m in pre-seed funding to develop blockchain-powered payment infrastructure designed to bypass traditional banking networks and enable faster, cheaper international money transfers.
The round was led by Project A, with participation from angel investors connected to Revolut, Monzo and J.P. Morgan.
The company aims to modernise B2B payments by blending blockchain and traditional payment rails, allowing each transaction to be routed in a way that optimises both cost and speed.
This dual approach enables Riva to overcome the slow settlement times and high charges still common in cross-border payments, which can take up to five days when routed through banks and intermediaries.
https://fintech.global/2025/08/13/riva-raises-3m-to-speed-up-global-money-transfers/
Insurtech Startup Inclined Raises $8M For Offering That Was ‘Historically Reserved For The Wealthy’
Inclined Technologies, a fintech startup that lends against whole life insurance policies, has raised $8 million in a Series B funding round, the company told Crunchbase News exclusively.
HSCM Ventures led the financing, which also included participation from Northwestern Mutual and other new and existing backers. The raise brings San Francisco-based Inclined’s total funding to $31 million. The company did not disclose its valuation, saying only that the Series B was raised “at a premium” to its $16.5 million Series A.
In 2020, Strava co-founder Mark Shaw teamed up with Josh Wyss and Graham Gerlach to start Inclined, his third company. He’d previously founded insurance software startup Guidewire Software, which ended up going public in 2012. Shaw joined activity and fitness tracking platform Strava as a co-founder in 2009 to lead engineering as CTO.
BNPL for car repairs Bumper bags $11m
Bumper says it will use the funds to scale its services across Europe.
A BNPL fintech for car servicing and repairs has raised $11m in an equity funding round. Called Bumper, the Sheffield and London-based startup has raised the funds in a Series B extension.
The funding round was led by Autotech Ventures, with investment from a raft of leading names in the car industry. These include Jaguar Land Rover’s InMotion Ventures, Suzuki Global Ventures, Porsche Ventures and Shell Ventures.
Bumper, founded in 2013, aims to tackle what it says is a big pain point in motoring: unexpected repair bills. Be it a failed MOT or accident damage, it says many drivers face bills of £500 or more with no warning.
https://tech.eu/2025/08/14/bnpl-for-car-repairs-bags-11m
Cache Raises $12.5M For Exchange Fund To Help Tech Workers Diversify Company Stock Without Tax Pain
In 2022, Srikanth Narayan found himself experiencing a problem faced by many employees of technology companies: too much net worth tied up in one company’s stock.
In his case, it was Uber, but the problem of a lopsided portfolio is not uncommon — especially when employees of large publicly traded tech companies received stock as a signing bonus, and then more stock over time. It’s the classic example of having all your eggs in one basket.
In some cases, this can work out just fine and a stock will only grow over time. However, depending on the company, a stock can be volatile (ahem, Tesla), which can be a cause of great employee anxiety.
https://news.crunchbase.com/fintech/startup-cache-raises-diversify-stock-holdings/
Stablecoin infrastructure firm Transak secures $16m
Transak, a global provider of fiat-to-crypto infrastructure, has secured $16m in strategic funding to accelerate its growth in the stablecoin payments market.
The investment round was led by Tether and IDG Capital, with backing from Primal Capital, 1kx, Protein Capital, CEiC, KX VC, 3KVC, Genting Ventures, Fuel Ventures and Umami Capital.
Founded to bridge the gap between traditional finance and digital assets, Transak enables users in more than 75 countries to convert between fiat and cryptocurrencies, including stablecoins, via local payment methods, bank transfers, cards and virtual IBANs through a single API. Its services are used by over 450 applications and cater to both retail and institutional clients. The company has processed more than $2bn in transaction volume, with nearly 30% coming from stablecoin flows.
https://fintech.global/2025/08/13/stablecoin-infrastructure-firm-transak-secures-16m/
Zodia Markets raises over $18 million in Series A funding
Zodia Markets, the Standard Chrtered-backed digital asset platform enabling institutional capital through stablecoins, has raised $18.25 million in a Series A funding round, as demand for real-time wholesale trading, settlement and cross-border movement via stablecoins skyrockets.
The raise was led by Pharsalus Capital, a New York head-quartered venture capital firm, with participation from Circle Ventures, The Operating Group, XVC Tech, Token Bay Capital, Human Capital and other strategic investors.
Founded in 2021, Zodia Markets has been backed from inception by SC Ventures, the innovation unit of Standard Chartered Bank, and OSL Group, Asia’s leading digital asset company.
https://www.finextra.com/newsarticle/46426/zodia-markets-raises-over-18-million-in-series-a-funding
Casap Raises $25M Series A to Revolutionize Payment Disputes with AI and Eliminate First Party Fraud Losses
Backed by Emergence and Lightspeed, Casap is rebuilding the broken dispute process, using intelligent automation to resolve cases in record time and strengthen consumer loyalty at scale.
NEW YORK–(BUSINESS WIRE)–Casap, the leader in intelligent automation for dispute and fraud operations, has raised $25 million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners, SoFi and others. This brings Casap’s total funding to $33.5 million and sets a new record for venture investment in the payment disputes category. The raise signals a surge in demand from financial institutions looking to streamline dispute resolution and reduce fraud losses while building consumer loyalty.
Tether acquires minority stake in Bit2Me and leads €30M investment round
This milestone and new investment led by Tether will fuel Bit2Me’s EU expansion and boost its growth in Argentina and across Latin America.
Bit2Me, the digital asset platform in the Spanish-speaking market, has secured a strategic investment from Tether, the issuer of USDT and a global leader in the digital asset space. This strategic acquisition positions Tether as the main backer of an investment round that will total €30 million over the coming months, alongside the participation of additional strategic investors.
Bit2Me is Spain’s digital asset company, with over a decade of experience building crypto infrastructure and serving the Spanish-speaking market. Recognised for its reliability and award-winning exchange services, Bit2Me also drives crypto education through Bit2Me Academy, the largest Spanish-language platform for learning about cryptocurrencies.
Appcharge raises $58m in Series B funding
This latest round of funding brings the company’s total backing to $89 million
Appcharge, a direct-to-consumer payment platform for mobile game publishers, has raised $58 million in a Series B funding round.
Appcharge announced the investment on August 13, 2025, revealing that this Series B funding round was led by IVP, with participation by Playrix and existing investors Creandum, Play Ventures, Glilot Capital Partners, Smilegate Investment, Moneta VC, Bitkraft Ventures, and Corundum.
“Appcharge is one of the fastest-growing companies we’ve seen in gaming infrastructure, and they’re only getting started,” said Karthik Ramakrishnan, partner at IVP.
https://www.gamesindustry.biz/appcharge-raises-58-million-in-series-b-funding
MESH SECURES ADDITIONAL FUNDING FROM INVESTORS INCLUDING PAYPAL VENTURES TO FURTHER POWER CRYPTO PAYMENTS
Funding comes on the heels of Mesh’s role in PayPal’s recent Pay with Crypto launch
SAN FRANCISCO, Aug. 14, 2025 /PRNewswire/ — Mesh, the leading crypto payments network, today announced additional investments from PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures, bringing total capital funding to more than $130 million. This support positions the company to accelerate its impact on the global payments industry.
Mesh’s technology supported the launch of PayPal’s Pay with Crypto service, which allows consumers to pay with a wide range of cryptocurrencies and eligible wallets. Mesh’s technology enables consumers to seamlessly pay using 100+ wallets and cryptocurrencies through Mesh’s SmartFunding orchestration engine.
Verb Technology Company (Nasdaq: VERB) Successfully Closes $558 Million Private Placement to Launch First Publicly Listed TON Treasury Strategy Company, in Partnership with Kingsway Capital
Majority of net proceeds from offering will support purchases of Toncoin, the native cryptocurrency of The Open Network (“TON”) blockchain
LAS VEGAS, Aug. 08, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“the Company”), today announced the successful closing of its previously announced upsized and oversubscribed $558 million private placement (“PIPE transaction”), in partnership with Kingsway Capital (“Kingsway”). The completion of the PIPE transaction marks a critical milestone in the Company’s plans to become the first and largest publicly traded treasury reserve of Toncoin ($TON). $TON is the native cryptocurrency of TON blockchain, the blockchain integrated with Telegram, one of the world’s most widely used messaging platforms.
DWP Bank takes over Berlin fintech– and wants to attack Trade Republic
Lemon Markets was long considered an insider tip in the fintech scene. Now DWP has acquired the young company, and it has high hopes for it.
An ambitious Berlin-based fintech is coming under the umbrella of an established financial services provider: Lemon Markets is being fully acquired by DWP Bank – and is now hoping for the next growth spurt. This is what “Manager Magazin” reports .
The young company was long considered an insider tip in the German fintech scene, with the vision of reaching 100 million European investors through its trading platform. Recently, however, it became clear that Lemon Markets would not be able to achieve the next growth step on its own. The integration as an independent subsidiary of DWP Bank should now enable precisely that.
Ripple to Buy Rail, for $200M
Ripple, the San Francisco, CA-based provider of enterprise blockchain and crypto solutions, is to acquire Rail, a stablecoin-powered platform for global payments, for $200m.
The acquisition is subject to customary closing conditions, including required regulatory approvals, and is expected to close in the fourth quarter of 2025.
Ripple Payments offers a broad payout network, market-leading digital asset liquidity, and a kit of more than 60 licenses to manage customers’ payment flows compliantly. With the deal, Rail adds to Ripple’s capabilities with virtual accounts and automated back-office infrastructure, streamlining operations.
Led by Bhanu Kohli, CEO, Rail is a payment infrastructure platform that compliantly connects the best of fiat and stablecoin technologies so that clients can move money fast, save costs, and build to grow — all via a single API.
https://www.finsmes.com/2025/08/ripple-to-buy-rail-for-200m.html
FUNDS
Deciens Capital Closes $93.33M Fund III to Back Next-Generation Financial Services
Early-stage VC firm expands AUM to $290M with high-conviction, concentrated strategy
ALBUQUERQUE, N.M.–(BUSINESS WIRE)–Deciens Capital, a venture capital firm focused on financial services innovation, announced the successful close of Fund III with $93.33 million in limited partner commitments, bringing total assets under management to $290 million.
The fund reflects continued support for Deciens’ disciplined, high-conviction strategy. Both Funds I and II are top-quartile performers by TVPI, with Fund I ranking in the top decile for its vintage (based on Carta benchmarks).