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Fintech Deals

• Homeward, an Austin, Texas-based cash-back real estate financing company, raised $120m in Series D funding. Saluda Grade led, joined by Continental General Insurance Co., Citi Ventures, Magnetar, Harmony Partners, Norwest, Adams Street Partners, LiveOak Ventures, Parker89, Era Ventures, and Javelin Venture Partners. Go deeper

• Jeeves, an Orlando, Fla.-based stablecoin-native banking platform for enterprises, raised $110m. CoinFund led, joined by AllianceBernstein, Vista Equity Partners, Coinbase Ventures, a16z, and YC. Go deeper

• Outmarket AI, an SF-based AI platform for insurance, raised $34.5m in Series B funding. SignalFire led, joined by Fika Ventures, Permanent Capital Ventures, TTV Capital, and Dash Fund. Go deeper

• Halluminate, an SF-based developer of AI training environments for financial work, raised $30m in Series A funding. Oak HC/FT led, joined by YC, Orange Collective, FT Partners, and HeavyBit. Go deeper

• Erad, a Saudi financing platform for SMEs, raised $22m in Series A funding. MEVP led, joined by SVC, 500 Global, S60 Ventures, ANB Capital, Conjunction Capital, Araya Ventures, Khwarizmi, Nuwa Capital, Aljazira Capital, Oraseya, and Joa Capital. Go deeper

• OuterSignal, an agentic customer intelligence platform for brands, raised $22m in Series A funding. Long Journey Ventures and Abstract Ventures led, joined by BAM Ventures, Top Shelf Ventures, SuperAngel Fund, and AME Cloud Ventures. Go deeper

• Ascerta, a Bellevue, Wash.-based AI spend analysis platform, raised $18m in Series A funding. Dell Technologies Capital led, joined by Hitachi Ventures, BGV, and Wipro Ventures. Go deeper

• Complaion, an Italian provider of regulatory compliance solutions for SMEs, raised €13.5m. Eurazeo and Italian Founders Fund led, joined by Shapers, 2100 Ventures, Kfund, Sella Direct Ventures, Enzo Ventures, Vento, Ithaca, Eden Ventures, and Vesper. Go deeper

• Blue Fire AI, a Singaporean active management company, raised $9m with participation from Asset Management One Co. Go deeper

• Beltic, an SF-based agent verification platform, raised $8.8m in pre-seed and seed funding. Norwest Ventures led, joined by Restive Ventures, Oxford Seed Fund, Collide Capital, Latitud Ventures, and Positive Ventures. beltic.com

• Elio Mortgage, an NYC-based mortgage origination platform, raised $5.1m in pre-seed funding led by Motive Partners and Social Leverage. Go deeper

• F2, an agentic OS for institutional credit, raised $5m from Golub Capital. Go deeper

• Walapay, an NYC-based payments infrastructure startup, raised $4.6m in seed funding. Generative Ventures led, joined by Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, AAF, Jsquare, Knollwood, and Big Brain Holdings. Go deeper

• Frank, a Portuguese insurtech, raised €2.9m led by Armilar and Start Ventures. Go deeper

• Hanwha Life Insurance and Centroid Investment Partners reportedly agreed to acquire South Korean financial firm Acuon Group from EQT. Go deeper

• Long Lake Management completed its $6.3b take-private buyout of Amex GBT, the business travel and expense management firm. Go deeper

• Relation Insurance Services, backed by BayPine, acquired the assets of LaPlaca Insurance, a Chalfont, Pa.-based provider of business insurance, employee benefits, and personal lines. Go deeper

• Trading Technologies International, owned by Thoma Bravo, acquired Trafix, a Mineola, N.Y.-based provider of trading infrastructure solutions. Go deeper

• Blockchain.com, a London- and Dallas-based crypto infrastructure company, is targeting a $4b to $6b valuation in an IPO, and is seeking to raise $500m this year. Go deeper

• Bluerock Acquisition II, a Web3-focused SPAC, raised $150m in its IPO. Go deeper

• Utmost Group, an Oaktree-backed provider of insurance-based wealth solutions, is delaying its London IPO plans, per Bloomberg. Go deeper

• Zilch, a London-based fintech, is interviewing banks for a London IPO, per the FT. It's raised over $300m in VC funding, including at a $2b valuation in 2023. Go deeper

• Astorg and Bridgepoint are seeking to sell Fenergo, an Irish fintech that could fetch more than £2b, per Reuters. Go deeper

• Capitolis, a VC-backed fintech for banks, agreed to acquire securities lending agent eSecLending from Parthenon Capital for $200m in cash. Go deeper

• CertifID, a VC-backed real estate fraud prevention platform, acquired Closinglock, an Austin, Texas-based escrow management platform for real estate that had raised around $50m from firms like Live Oak Ventures, Headline, RWT Horizon, and Sageview Capital. Go deeper

• Valley National Bancorp (NASDAQ: VLY) agreed to acquire Bluevine, a New Jersey-based digital banking platform for small businesses, for $340m (75% cash and 25% stock). Lightspeed Venture Partners, Menlo Ventures, 83North, and Citi Ventures back Bluevine. Go deeper

• Nuveen completed its £9.9b all-cash acquisition of Schroders. Go deeper

• Piper Sandler (NYSE: PIPR) is in talks to buy advisory firm Perella Weinberg Partners (Nasdaq: PWP), per the WSJ. Go deeper

• Apax Partners will target €12b for its 12th flagship fund, per the WSJ. Go deeper

• Ares Management raised $4.2b for a new PE secondaries strategies fund. Go deeper

• Headline raised $400m for its eighth early-stage fund focused on European startups. Go deeper

• Temasek acquired a 9% minority stake in Italian private equity firm FSI. Go deeper

• Chris McMillan joined Houlihan Lokey as a managing director in its FinTech Group. He previously headed blockchain and internet investment banking at Credit Suisse. Go deeper

• Dan Connolly was named head of technology & services investment banking at Raymond James. He was previously at William Blair. Go deeper

• Hernan Cristerna is retiring at year-end as executive chairman of global investment banking and M&A at JPMorgan, per Reuters. Go deeper

• Hila Cohen joined Lowenstein Sandler as a partner in its venture funds launch group. She previously was with Morrison Foerster. Go deepe

Fintech deals of the week

All the fintech deals you missed this week.

Illustration of a stack of money and a handshake surrounded by abstract shapes and money elements.

<h2 class="text-h6 !font-sans !font-normal !leading-[1.2em]">Venture capital</h2>• Homeward, an Austin, Texas-based cash-back real estate financing company, raised $120m in Series D funding. Saluda Grade led, joined by Continental General Insurance Co., Citi Ventures, Magnetar, Harmony Partners, Norwest, Adams Street Partners, LiveOak Ventures, Parker89, Era Ventures, and Javelin Venture Partners. <a class="gtmContentClick" data-vars-link-text="Go deeper" data-vars-click-url="http://axios.link/4j0KlzO" data-vars-content-id="3ca46748-2411-4426-beab-f992fefb96b2" data-vars-headline="Fintech deals of the week" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="http://axios.link/4j0KlzO" target="_self">Go deeper</a>• Jeeves, an Orlando, Fla.-based stablecoin-native banking platform for enterprises, raised $110m. CoinFund led, joined by AllianceBernstein, Vista Equity Partners, Coinbase Ventures, a16z, and YC. <a class="gtmContentClick" data-vars-link-text="Go deeper" data-vars-click-url="http://axios.link/4ymo3x3" data-vars-content-id="3ca46748-2411-4426-beab-f992fefb96b2" data-vars-headline="Fintech deals of the week" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="http://axios.link/4ymo3x3" target="_self">Go deeper</a>

Fintech deals of the week

Venture capital

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