Hello Fintech Friends,

Check out what LatAm Editor Christine Chang is planning ☝️ (Also, for anyone curious about our team, we have a new team page.)

You might notice the format looks a little different - because the Saturday edition of the newsletter has been overflowing and breaking inboxes, we’ll start breaking news out into 3 emails each week:

• Friday: Product launches and headlines
• Saturday: Financing events
• Sunday: Exits and deeper reads

Please find another week of fintech financing events below.

If you’re an early-stage startup founder raising equity or debt, we may be able to help - come check out our fund, The Fintech Fund (including a link to pitch us), see our primer on introductions, and reach out to fund@thisweekinfintech.com.

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💼 Open Role Spotlight

Come find your place on the team at the most inspiring fintech startups! Browse open roles on This Week in Fintech’s job board.

💸 Venture Financing

• Payhawk, a UK expense management and payments platform, raised a $100 million Series B at a $1 billion valuation.
• FPL Technologies, the Indian builder of OneCard, is set to raise $100 million at a $1.5 billion valuation.
• Zeller, an Australian neobank, raised an A$100 million Series B.
• M-Kopa, a west and east African lending platform, raised a $75 million growth equity round and announced 2 milloin customers.
• Perfios, an Indian B2B lending and credit decisioning provider, raised a $70 million Series C.
• Pontera, a financial advisor platform for retirement accounts (formerly FeeX), raised $45 million.
• Atomic, an API provider for employee payroll data, raised a $40 million Series B.
• Shares, a UK social investing app, raised a $40 million Series A.
• Propelld, an Indian financial education platform, raised $35 million.
• Volopay, a Singaporean business banking app, raised a $29 million Series A.
• Thetanuts Finance, a defi yield-generating platform, raised $18 million in seed funding.
• Sweater Ventures, a platform for democratizing access to venture capital investing, raised $12 million.
• Piñata, a credit-building membership platform for renters, raised a $13 million Series A.
• Snapmint, an Indian buy-now-pay-later platform, raised a $9 million Series A.
• Delio, a private markets platform for institutional investing, raised $8.3 million.
• Finary, a French aggregator for banking and wealth management accounts, raised an €8 million Series A.
• OwnIt, a direct-to-consumer purchase checkout builder, raised $8 million.
• Catalog, an Indian decentralized exchange, raised $7.5 million in seed funding.
• Nested, a Swiss social trading platform for “financial NFTs,” raised a $7.5 million Series A.
• Teller, an uncollateralized defi lending protocol, raised $6.85 million.
• Novus, an impact banking app, raised $5 million and went live.
• SteadyPay, a UK income volatility management startup, raised a $5 million Series A.
• Emtech, a central bank digital infrastructure provider for Africa and the Caribbean, raised $4 million.
• Sudo Africa, a Nigerian card-issuing API, raised a $3.7 million pre-seed.
• Nosso, a UK app for parents to invest for their kids, raised a $2.8 million seed.
• Credrails, an aggregator of financial data for lending across Africa, raised $2.5 million.
• Stax, a platform for letting African mobile users send money using USSD codes, raised a $2.2 million seed extension.
• Here, a marketplace for investing in fractional vacation rentals, raised a $2 million pre-seed.
• Quiver Quantitative, an investment research platform, raised $2 million.
• Detected, a fraud and KYB provider for UK businesses, raised £1.5 million.
• TRM Labs, a cross-chain threat intelligence service, raised funding from JP Morgan.
• Skipify, a frictionless checkout provider, raised strategic funding from PayPal, Synchrony, and Amex.
• Avanti, a payroll software developer, raised $25 million in equity and debt.
• Bink, a retailer loyalty app, raised strategic funding from Lloyds Bank.
• Pollinate, a UK merchant acquiring startup, received strategic investment from CIBC, NatWest, National Australia Bank, Mastercard, and Fiserv.

💵 Debt Financing

• Fintech startups are raising record amounts of venture debt.

💰 Venture Funds

• German bank Commerzbank closed €300 million for its third venture fund.