Top 5 VC Deals of the Week in Fintech (9/25/23)

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

By
DWN Staff
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612

On Top Of The World

“I’ve tried to cut these cornersTry to take the easy way outI kept on falling short of something
I coulda gave up then, butThen again, I couldn’t have ’causeI’ve traveled all this way for something…” –Imagine Dragons
 
The purse strings are open; more startups received funding this past week than previously, indicating that investors are still willing to fund a ‘good idea.’ For those seeking capital (and commitment), hunker down, refine your plan, monitor spending, and keep going because up is the only way you can go!
 

Some notable trends this week:

  • Triple and double-digit awards are back!
  • Domestic deals were dominant.
  • Crypto and Blockchain deals were this week’s winners

Drum roll, please; here are this week’s Top 5 VC Deals…

1Flex

$120M, Series A, Capital| Equity & Debt | FL | Fintech | CIM, Florida Funders, Home Depot Ventures, MS&AD Ventures, Companyon Ventures | https://www.flex.one/

LinkedIn Overview:

“End-to-end finance platform for businesses.”

2Curve

$71.1M, Series C, Capital| Equity | UK | Payments | Britannia, IDC Ventures, Cercano Management, Cohen Circle, Outward VC | https://www.curve.com/en-us/

LinkedIn Overview:

“Curve is on a mission to simplify the way people spend, send, see and save money. We are focused on an ambitious opportunity fuelled by a couple of trends starting to play out in the market, from fragmentation of financial services to new convergence layers for the customer experience…“

3Ashcroft Capital

$50M, Capital | Equity | NYC | Wealthtech | Temerity Strategic Partners | https://ashcroftcapital.com/

LinkedIn Description:

“Ashcroft Capital, LLC is a national multifamily investment firm focusing on acquiring complexes of 100 units or greater in major U.S. metropolitan statistical areas which demonstrate consistent rent growth, low vacancy and a growing Real GDP…“

4Moss

$50M, Debt, Capital| Debt | Germany | Fintech | HSBC Innovation Banking UK| https://www.getmoss.com/

LinkedIn Description:

“Moss is a technology-enabled expense and financial management solution. With smart corporate credit cards, digital invoice management, and automated accounting, Moss allows companies to manage all of their spending easily and transparently…“

5Proof of Play

$33M, Seed, Capital |Equity | NY | Blockchain | Greenoaks, a16z, Anchorage Digital, Naval Ravikant, Balaji Srinivasan, Justin Kan, Emmett Shear (Twitch), Mercury, Firebase, Zynga, Alchemy | https://beforeyouapply.com/group/early-stage-team-at-proof-of-play

LinkedIn Description:

“We are a small group of veteran game developers and entrepreneurs creating games using blockchain technology. Our vision is simple: to create generation-defining games that fundamentally grant power and ownership to the players who play them…”

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

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