The largest this week:
๐บ๐ธ Betterment, a provider of automated investing and retirement solutions, has joined the unicorn club after raising a $160M Series F in debt and equity at a $1.3B valuation.
๐ฒ๐ฝ Konfio, which helps small businesses secure loans, raised a $110M extension to its June $125M Series E. This round brings its valuation to $1.3B and makes it Latin America 20th fintech unicorn.
๐บ๐ธ Deel, which develops payroll tools to help companies hire remote workers internationally, is raising a new round at a $5.5 billion valuation led by Coatue. Coatue has massively scaled up its fintech portfolio in 2021, participating in โฌ4.3B of deals.
๐ฎ๐ฉ Online Stock Brokerage Ajaib becomes Indonesia's fastest unicorn after a $153M Series B. Ajaib is bringing trading to a new generation of investors in a country that still has only 1% stock investor penetration. Discover more on the trend of stock trading platforms.
๐บ๐ธ Alloy, an identity operating system for banks and fintechs, has raised a $100M Series C at a $1.35B valuation.
Other promising fintech deals from around the globe:
๐ฎ๐ณ CredAvenue, which is building an operating system for Indiaโs business debt capital market, has raised a $90M Series A at a $410M valuation led by Sequoia Capital.
๐ธ๐ช Hevidg, a full-stack insurtech for property, travel, contents and accident insurance, raised $45M Series B.
๐ฌ๐ง TransferGo, a provider of international remittances, raised a $50M Series C. They now count 3.5 million people as customers across 160 countries and have processed over 13.5m transactions.
๐ฌ๐ง Money management app Chip wants to raise ยฃ100M in the next 2 years and is returning to crowdfunding on Crowdcube.
๐บ๐ธ Loop has closed a $21M Series A to accelerate its offering of more equitable car insurance, removing demographics data to focus only on driving style.
Read up on all the latest fintech deals in Dealroom.co