Latest Fintech deals
The largest this week:
🇺🇸 PayIt, the SaaS company modernizing interactions between governments and residents, has closed a $90M investment from Macquarie Capital Principal Finance.
🇺🇸 Parafin, which helps companies build financing arms to lend to SMBs, raised a $60M Series B led by GIC, bringing its valuation to $520M and total raised to $94M.
🇻🇬 Xion, a Tortola, British Virgin Islands-based DeFi protocol developer, secured an investment commitment of $50M from GEM Digital Limited.
🇦🇷 Geopagos, a payments infrastructure startup based in Buenos Aires, has raised $35M in a round led by Riverwood Capital.
🇺🇸 The Garage, a venture capital fund that builds and invests in early-stage startups in the fields of fintech, AI and cyber, raised a $25M Early-Stage funding round led by Valley National Bancorp.
🇨🇦 Multi-blockchain platform Geeq received $25M capital commitment from investment group GEM. The financing differs from traditional funding rounds in that the flow of capital depends on how Geeq performs.
Other notable deals:
🇺🇸 Axio, a NY-based startup on a mission to make it easier for companies to manage their cyber risk, has raised $23M in Series B funding led by ISTARI.
🇺🇸 Forage, has raised a $22M Series A funding round to speed the development of its tech solutions that support merchants through the U.S. Department of Agriculture (USDA) approval process and make it easier for them to accept food stamps online.
🇨🇭 Grizzly, a crypto platform that simplifies investing in the best opportunities in the DeFi space, has raised $26M from undisclosed investors in its Community Fair Launch.
Read up on all the latest fintech deals in Dealroom.co
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