Top 5 VC Deals of the Week in Fintech (3/18/24)

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


Action sprinkled with advice…

It’s a new game for startups, with the days of multi-million funding deals over. Before opening their checkbooks, today’s VCs expect startups to be already taking action with a viable product and revenue—sprinkle in some consultants (real consultants with real success and experience), and a startup may have the recipe for success. 

And funding seems to favor the solopreneur—the ones who are actionable and open to advice.

“VCs are also adapting and eyeing micro-funding and alternative models like revenue-based financing to fit the unique needs of solo ventures. This shift could see more solopreneurs in diverse, niche markets, weaving networks of mentorship and sustainable growth.”- Crunchbase

Some notable trends this week…

  • VCs tighten the purse strings; mostly single-digit deals
  • Domestic funders taking the money overseas
  • Financial institutions continue to fund startups’ solutions

Up next are this week’s top 5 VC deals…


$93M, Capital| Equity | UK | Payments | Eurazeo, HPE Growth, Sprints, PayPal Ventures, JPMorgan, Citi Ventures, BlackRock |

LinkedIn Overview:

“PPRO is a fintech company that provides digital payments infrastructure to businesses and banks so that they can scale their checkout, acquiring, and risk services through one connection...”


$50M, Series A, Capital| Equity | SF | Blockchain | Placeholder, Hack VC, Polychain Capital, Delphi Digital, Maven 11, DBA, Fenbushi Capital, Flow Traders, GSR, Apollo Global Management, OKX Ventures |

LinkedIn Overview:

Eclipse is a L2 blockchain startup based in San Francisco, founded by Neel Somani in 2022. Launching in Q2 2024, Eclipse Mainnet is Ethereum’s first SVM Layer 2…


$29M, Series B, Capital | Equity| SF | Fintech |Accel India, Elevation Capital, Y Combinator |

LinkedIn Description:

Nanonets enables self-service artificial intelligence by simplifying adoption. Easily build machine learning models with minimal training data or knowledge of machine learning…


$22M, Series A, Capital| Equity | France | Payments | FirstMark, SignalFire, Addition, YC, New Wave, Script, Meghan Gill, Romain Huet, Clément Delangue |

Website Description:

“Lago offers a self-hosted and cloud, scalable and modular architecture for metering and usage-based billing, at every stage of your company…”

5Polyhedra Network

$20M, Capital |Equity | Singapore | Blockchain | Polychain Capital, Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital, Web3Port Foundation |

LinkedIn Description:

“At the cutting-edge of blockchain interoperability, Polyhedra Network’s zkBridge harnesses the power of zkSNARKs to streamline cross-chain communications…”

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