The largest this week:
🇺🇸 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.
🇲🇽 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.
🇺🇸 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 €4.3B of deals.
🇮🇩 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.
🇺🇸 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:
🇮🇳 CredAvenue, which is building an operating system for India’s business debt capital market, has raised a $90M Series A at a $410M valuation led by Sequoia Capital.
🇸🇪 Hevidg, a full-stack insurtech for property, travel, contents and accident insurance, raised $45M Series B.
🇬🇧 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.
🇬🇧 Money management app Chip wants to raise £100M in the next 2 years and is returning to crowdfunding on Crowdcube.
🇺🇸 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
