Hello Fintech Friends,

Is fintech coming back? 

Our collection of fundraises over the last two weeks counts 33 new fintech companies, including:

• An NFT lending startup (!)
• Startups from all over the US, Brazil, France, India, Singapore, Switzerland, and South Korea.
• 22 rounds of $10 million or less, signaling rising interest in early-stage teams.

You’d be forgiven for thinking that the fintech funding market is recovering...

..which, by the way, is something that we discuss in our Signals Q2 overview, Every fintech will be an AI company. Check out the distribution of funding rounds in Q2 vs. Q1, and more here:

And if you’ve ever wondered what is happening across the pond (no, that pond) in China’s fintech market, you should subscribe to Ning’s great This Month in Fintech - China:

Please find another week of fintech financing events below. (PS: Have feedback for us? 👍👎 Let us know!)

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). Are you a fintech angel investor? Come join our syndicate.

💸 Venture Financing

1. Collective, a platform which provides bookkeeping, payroll and tax advice to freelancers, raised $50 million in funding.
2. Solaris, a European embedded finance provider, raised a €38 million Series F at a flat $1.6 billion valuation.
3. Dougs, a French accounting startup with €15 million in annual revenue that has bootstrapped since 2015, raised €25 million.
4. Clair, an app for frontline workers to get paid instantly, raised $25 million in equity and $150 million in new debt.
5. MerQube, a financial indexing platform, raised a $22 million Series B.
6. Tandem, a UK neobank, raised £20 million in new capital.
7. Jirav, a builder of cloud-based financial planning software for businesses, raised a $20 million Series B.
8. Mattilda, a Mexican collections and payment processing platform for private schools, raised a $19 million Series A.
9. RightRev, a cloud-based finance and accounting platform, raised $12 million.
10. Numarics, a Swiss digital CFO solution for small businesses, raised €10.2 million.
11. Abound, an Indian provider of a remittances app, raised $10 million.
12. Trunk Tools, a payment platform for construction workers, raised a $9.9 million seed round.
13. Moove, a mobility fleet financing startup for South Africa and Ghana, raised $8 million.
14. Ivy, a European API for instant bank payments and settlement, raised €7 million.
15. Efficient Capital Labs, a revenue-based financing platform for SaaS businesses in the US-Asia corridor, raised $7 million.
16. CapStack, an operating system for bank loans, raised a $6 million seed round.
17. Gondi, an NFT-backed lending protocol, raised a $5.35 million seed round and went live.
18. TopKey, a financial operation platform for the hospitality sector, raised a $5.1 million seed round.
19. Nest Egg, a wealth management software provider, raised $5 million.
20. OneAdvisory, a wealth tech platform for financial advisors, raised a $4.3 million seed round.
21. FinRes, a French agricultural investment startup, raised €4.1 million.
22. U Fintech Hub, a South Korean remittances platform provider, raised $4 million.
23. KTX.Finance, a Singaporean decentralized perpetuals exchange, raised a $4 million seed round.
24. Narval, a French digital asset management startup, raised $4 million.
25. Roi, an app to track crypto and NFTs alongside traditional brokerage holdings, raised $3.6 million.
26. House Numbers, a homeowner wealth management startup, raised a $3.75 million seed round.
27. Equabli, a debt recovery platform for lenders and borrowers, raised $3.35 million.
28. OneStack, an Indian open banking software provider, raised $2 million.
29. AlloyX, a real world asset DeFi vault, raised a $2 million pre-seed.
30. ESG Bay, an ESG self-assessment platform, raised a £135,000 crowdfunded pre-seed.
31. Sofi, a Brazilian accounts receivable startup, raised BRL470,000 (about $100,000).
32. Komgo, a digital trade finance network, raised funding from Santander.
33. 73 Strings, a French provider of valuation and portfolio monitoring solutions for the private capital industry, raised a Series A.

Source: Finextra

💵 Debt Financing

• Health savings and payment account provider Paytient raised $7.5 million in venture debt from Silicon Valley Bank.

Pssst - if you like early-stage fintech investing, come join our angel syndicate.