Top 5 VC Deals of the Week in Fintech (8/28/23)

Digital Wealth News Continues our Weekly Series Covering the Largest VC Deals of the Week Worldwide in Fintech


In the meantime…

Remember those long road trips as a kid when you felt trapped inside the family car for hours? 2023 has felt like that when it comes to deal activity. But now the destination is on the horizon, and just like ‘warp speed,’ we may arrive quickly to where deals were previously.

This week’s deals, as illustrated by this week’s #1 Ramp, may help put 2023 back on the map as a solid year for deals across multiple sectors.

“The stars will never be won by little minds; we must be big as space itself” – Robert A. Heinlein:

Some notable trends this week:

  • Payments remain “HOT”
  • 50/50 – U.S. to foreign deals
  • Eight funding rounds across sectors equaled nine figures

And now, here are this week’s Top 5 VC Deals…


$300M, Series D, Capital| Equity | NYC | Payments | Thrive Capital, Sands Capital |

LinkedIn Overview:

“Ramp is the ultimate platform for modern finance teams. Combining corporate cards with expense management, bill payments, vendor management, accounting automation and more, Ramp is the all-in-one solution designed to save businesses time and money, and free finance teams to do the best work of their lives…”

2Korea Credit Data

$75M, Capital| Equity | S. Korea | FinTech | Morgan Stanley Tactical Value |

LinkedIn Overview:

“Korea Credit Data(KCD), provides essential services for merchants in Korea including business management, customer analysis, POS and payment services as well as marketplace platform. KCD and its five subsidiaries currently serve almost all of the two million merchants that accept credit cards payment in Korea…


$30M, Series B, Capital | Equity | CA | Payments | Cathay Innovation, Union Square Ventures, Equal Ventures, Eniac Ventures |

LinkedIn Description:

“Ghost is building the world’s most effective platform for surplus inventory. Our platform solves the frustrations that have held back brands for far too long. By combining user-friendly technology with industry data..


$26M, Capital| Equity |Fargo, ND | Payments | The Banc Funds Company, 50 South Capital, The Andersons, Inc., Cargill, Germin8, Lewis & Clark AgriFood, The Scoular Company, Continental Grain Company |

LinkedIn Description:

“Bushel is an independently owned software company and leading provider of software technology solutions for farmers, grain buyers, ag retailers, protein producers and food companies, headquartered in Fargo, N.D. Since launching in 2017, Bushel’s platform has grown rapidly, now powering nearly 2,000 grain facilities across the U.S. and Canada with real-time business information for their producers…


$13.4M, Capital |Equity | Germany | Blockchain | Balderton Capital, Inflection, Square One, Script Capital, Protocol Labs, Connect Ventures, New Forge, Foreword VC, Trent McConnaghy, Jutta Steiner, Luis Cuendo, Adam Wiggins, Peter von Hardenberg, Markus AMent, LibermansCo |

LinkedIn Description:

“We’re building a radically improved, local-first tool for people who value their data. Use Anytype to make dashboards, projects, and knowledge graphs – all without sacrificing your privacy…”

We’ll be back next week with more news on fintech VC funding.