Fintech Funding Flourish

The week of Nov 11–Nov 17 delivered a strong signal from late-stage fintech, as a major wealthtech platform secured a sizable multi-hundred-million round while embedded-finance and payments infrastructure also drew meaningful capital. The uptick underscores renewed investor appetite for mature fintech companies with demonstrable scale, even as early-stage deal flow remains quieter.

Key Highlights

• A UK-based global wealthtech giant raised US$650 million, reinforcing that scale continues to command investor attention.

• Despite macro headwinds, funding remained concentrated into fewer—but much larger—rounds, emphasizing quality over quantity.

• India and the UK saw renewed energy in payments and wealthtech, while global investors showed preference for companies with established traction.

Top 5 VC Deals in Fintech (Nov 11–Nov 17, 2025)

1. FNZ – United Kingdom (Growth Equity Round)
   Overview: End-to-end wealth-management infrastructure provider serving advisors, asset managers, and private banks globally.
   Amount Raised: US$650 million
   Lead Investors: CPP Investments, La Caisse, Generation Investment Management, Motive Partners.

2. Rippling – United States (Equity Round)
   Overview: Corporate finance-ops and spend-management fintech offering cards, payroll, HR, and treasury in a unified stack for businesses.
   Amount Raised: US$500 million
   Lead Investors: Not disclosed.

3. Pine Labs – India (Equity / Pre-IPO Anchor Placement)
   Overview: Merchant-commerce and POS-payments platform scaling omnichannel payments and value-added services ahead of its public listing.
   Amount Raised: ~US$440 million
   Lead Investors: Peak XV Partners, Temasek, PayPal, Mastercard; additional institutional anchors.

4. Aspora – United Kingdom (Series B)
   Overview: Diaspora-centric cross-border banking fintech focused on global Indian remittance and account services.
   Amount Raised: US$53 million
   Lead Investors: Sequoia Capital, Greylock, Quantum Light Ventures.

5. Finnable – India (Equity / Financing Round)
   Overview: Digital-lending fintech platform offering instant credit and financial-wellness tools to salaried customers.
   Amount Raised: ≈US$30 million
   Lead Investors: Z47 (formerly Matrix Partners) and TVS Capital.