When debt is celebrated
Week after week, startups receive funding and celebrate the win. Money flows, tech advances, and egos inflate. However, many fail to consider that the financing comes with an attached IOU.
As we approach the year’s final stretch, keep a keen eye out for the ‘winners and losers,’ aka the ‘opportunity zone.’ Suppose you are looking for a devalued acquisition; this just may be your window.
Notable trends this week…
- Deal activity is picking up.
- Triple-digit deals back, baby!
- Fintech is pushing through to category leader
Up next are this week’s top 5 VC deals…
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1Lumin Digital
$160M, Capital | Equity | San Ramone, CA | Fintech | Light Street Capital, NewView Capital, Partners Group | https://lumindigital.com/
LinkedIn Overview:
“Lumin Digital is the leading, future-ready digital banking solution powering remarkable growth for financial institutions across the United States...“
2Vastu Housing
$100M, Capital| Equity | India | Fintech | Prosus | https://www.vastuhfc.com/
LinkedIn Overview:
“We are a housing finance company working to enable millions of Indians to fulfill their dreams of owning a bigger, better and a new home…”
3KPay
$55M, Series A, Capital | Equity| Hong Kong | Payments | Apis Growth Markets Fund III, Apis Global Growth Fund III | https://www.kpay-group.com/en-hk
LinkedIn Description:
“KPay Group (KPay) is a leading fintech company dedicated to empowering businesses of all sizes with simple, smart, seamless and secure technology…“
49fin
$50M, Series B, Capital| Equity | UK | Fintech | Highland Europe, Spark Capital, Redalpine, Seedcamp, 500 Startups, Ilavska Vuillermoz Capital | https://9fin.com/
LinkedIn Description:
“9fin is the faster, smarter way to find debt market intelligence. Through an AI-powered data and analytics platform...“
5usdx.money
$45M, Capital | Equity | Decentralized | Blockchain | NGC, BAI Capital, Generative Ventures, UOB Venture Management | https://usdx.money/
Website Description:
“usdx.money is a secure and decentralized bankless synthetic stablecoin issuer with the mission to better serve people with next gen stablecoin infra connecting DeFi, CeFi, and TradFi.”
