Capital, Credit & Connectivity
This week’s fintech and adjacent investment activity spotlights expansion-stage capital raising in digital investment, global fintech credit, and platform resilience—reflecting sustained capital interest in infrastructure and inclusion across geographies.
Key Highlights:
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Midas’ $80M Series B leads the pack, underscoring the rise of major fintech platforms in emerging markets.
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Kiwi’s $24M Series B showcases the momentum of UPI-based credit access models in India.
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U.S. deals were unusually quiet this week, with the largest activity concentrated in Turkey, India, and Australia—highlighting a global redistribution of fintech capital.
1. Midas – Turkey
Overview: Investment platform focused on wealth and fintech products across Turkey and surrounding markets
Amount Raised: $80 million (Series B)
Lead Investor: Undisclosed strategic backers
2. Kiwi – India
Overview: Credit-on-UPI fintech enabling RuPay card credit lines via India’s UPI network
Amount Raised: $24 million (Series B)
Lead Investors: Vertex Ventures Southeast Asia & India, with participation from Nexus Venture Partners, Omidyar Network, and Stellaris Venture Partners
3. CredRight – India
Overview: NBFC fintech delivering credit access to underserved small businesses and entrepreneurs
Amount Raised: $10 million (equity funding)
Lead Investor: Abler Nordic, marking its first deployment from Fund 5
4. DPDzero – India/Japan-backed
Overview: Fintech infrastructure platform offering observability and monitoring for third-party financial APIs
Amount Raised: $7 million
Lead Investors: GMO Venture Partners, SMBC Asia, and Blume Ventures
5. Send Payments – Australia
Overview: Cross-border embedded payments fintech powering enterprise integration
Amount Raised: $5 million
Lead Investors: iPartners, Regal Funds Management, and Kelly+Partners Investment Office
