Top 5 VC Deals of the Week in Fintech (10/2/23)

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



As investors pivot their funding into differing sectors, startups must also pivot their strategy and development to meet time-sensitive goals. “Goals?” you ask. Meeting development deadlines, to market, and, of course, revenue. Despite signs of recovery, funders (and tech buyers) remain cautious about funding or making acquisitions of other startups.

Some notable trends this week:

  • Moving money still dominates
  • Established startups prove stability
  • Fewer seed funding deals across sectors we follow

Up next are this week’s Top 5 VC Deals…


$30M, Capital| Equity | SF | Payments | Union Square Ventures, Sam Altman, Y Combinator, Jack Altman, Alex Bouaziz, Mathilde Collin, Michael Tannenbaum, Rujul Zaparde|

LinkedIn Overview:

“The B2B payments platform.”


$25, Series A, Capital| Equity | SF | Fintech | 776, Basis Set Ventures, PearVC, Kleiner Perkins, Day One Ventures, Hustle Fund, Caffeinated Capital, Wischoff Ventures|

LinkedIn Overview:

Series Enterprise Operating System (EOS) Unifies Your Finance & Operations. Innovative teams worldwide choose Series to streamline their finance and operations management…


$21M, Series B, Capital | Equity | UK | Fintech | Pivot Investment Partners, e& capital |

LinkedIn Description:

Traydstream is a pioneer in Trade Finance Technology. We build software that revolutionises the inefficient and protracted methods of Trade Finance processing, facilitating smarter and safer transactions world-wide, joining the financial dots with 21st century methods..


$16.8M, Seed, Capital| Equity| NYC | Blockchain | a16z crypto, 1kx, Collab Currency, Lattice Capital, gmoney |

LinkedIn Description:

“IYK bridges the physical and digital worlds by using NFC and blockchain technology


$14.6M, Series, Capital |Equity | UK | Payments | Index Ventures, Bessemer Venture Partners, Visionaries Club |

LinkedIn Description:

“We’re the partner every finance team needs, pulling together and paying client invoices in one go, in one place. With easy integration and instant reconciliation, we take the grunt work out of payments, and help accountants make more of their client relationships.”

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