Top 5 VC Deals of the Week in Fintech (5/26/25)

UP, UP AND AWAY...

Friends, fintech funding ABSOLUTELY SURGED this week, led by Acrisure’s $2.1B raise and strong mid-stage investments into infrastructure and liquidity platforms. Investor focus remained sharp on embedded finance, payments, and agentic systems tailored to financial workflows.  Could we be seeing a new trend here, back toward larger fundings in digital wealth and fintech?  We sure hope so.  Meanwhile...

Key Trends:

• Scaled Platforms Dominate: Acrisure’s massive raise and Airwallex’s continued growth reinforce investor confidence in full-service fintech platforms.

• Infrastructure & Liquidity: Startups like OpenFX and Sweep are drawing capital for foundational tools that support modern financial architectures.

• Wage Access & Embedded Finance: Clair’s round shows strong interest in banking alternatives tied to employment and payroll systems.

Top 5 Funded Deals (May 20-26, 2024)

Top 5 VC Fintech Deals (May 20–26, 2025)

1. Acrisure

• Location: Grand Rapids, MI, USA

• Description: Fintech company providing insurance and business solutions

• Funding: $2.1 billion

• Round: Convertible Senior Preferred Stock

• Investors: Bain Capital (lead), BDT & MSD Partners, Fidelity Management & Research, Apollo Funds, Gallatin Point Capital

• Note: This funding round elevates Acrisure's valuation to $32 billion and supports its expansion into non-insurance services, including payroll, cybersecurity, and employee benefits for SMEs.

2. Airwallex

• Location: Melbourne, Australia / San Francisco, CA, USA

• Description: Global payments and financial platform for modern businesses

• Funding: $300 million

• Round: Series F

• Investors: Square Peg (lead), DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia

• Note: The funding brings Airwallex's total raised to over $1.2 billion, with a valuation of $6.2 billion, and will be used to expand into new markets and enhance technological capabilities.

  3. Clair

  • Location: New York, NY, USA

  • Description: Fintech company offering earned wage access originated by a national bank

  • Funding: $23 million

  • Round: Series B

  • Investors: Undisclosed

  • Note: Clair provides workers access to wages as they earn them, part of a growing trend toward on-demand financial services for employees.

  4. OpenFX

  • Location: New York, NY, USA

  • Description: Developer of a multi-layer liquidity architecture for financial technology

  • Funding: $23 million

  • Round: Initial Funding

  • Investors: Undisclosed

  • Note: OpenFX is building infrastructure to support institutional-grade liquidity across fintech platforms and trading venues.

  5. Sweep

  • Location: New York, NY, USA

  • Description: Agentic workspace company for business systems with fintech integrations

  • Funding: $22.5 million

  • Round: Series B

  • Investors: Undisclosed

  • Note: Sweep is tapping the trend of AI-powered workflows in fintech, helping teams automate operations across finance-related processes.