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This week, we're back again with a fresh new round of top 5 VC deals in the digital wealth sector, with another blockbuster week of fundings, and other $100M+ deals that didn't make the top 5 including Addepar ($150M) and PayCargo ($125).

D.A. Davidson Companies announced today that it has entered into a definitive purchase agreement to acquire Marlin & Associates, one of the most active investment banks serving companies and investors across the financial technology and data & analytics industries.

Fintechs are increasingly coming into their own, with investment banks hunting ways to rub shoulders with the digital crowd. In the past week, JPMorgan made a splash with a fintech investment while the IPO pipeline is filling in the U.S., as well as globally. PayPal is upping the ante for merchants as it boasts its prowess in the competitive payments landscape, while central bank digital currencies are all the rage.

Friends, another week of big news on the digital wealth front with word of a new investment in a Brazilian fintech from the Oracle of Omaha, a security token offering making our top 5 VC deals list and a deeper look into the paradigm-shattering bitcoin news out of El Salvador plus so much more. Read up!

Allfunds, one of the world´s largest fund distribution platform and wealthtech industry leader, and iCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced a strategic partnership through which iCapital will provide private market investment opportunities complementing the sub-advisory solutions currently available to the Allfunds global distributor network.

The wealthtech space has been abuzz with M&A activity and new hires over the past week.

Tenacity Venture Capital today announced the launch of its inaugural fund, which will invest in transformative technology companies in the formation, pre-seed and seed stages. Founded by 25-year entrepreneur and investor Ben Narasin, the fund spins out with initial commitments from NEA as well as other leading investors and serial entrepreneurs.

Four of the top 5 deals this week come out of foreign markets - Mexico, Sweden, France and Germany. We also have two deals in the blockchain sector - Solana Labs and Ledger. Big numbers again, this week, too. The smallest deal in the Top 5 came in at $180M with the "winner" - Swedish payments firm Klarna - topping out at $639M USD.

A bevy of deal activity kept the fintech space in the spotlight once again. The pipeline of startups set to hit the public markets after Marqeta made a splash on the Nasdaq last week is building, and SPACs are still hot to trot. Payments platform Stripe has launched its own AI-fueled identity product, while the buy now, pay later trend continues to gain momentum.

Regtech companies with proven products and seasoned leadership teams are well-positioned for further growth, if the latest deal between K1 Investment Management and ComplySci is indicative of what’s ahead in the fintech space.