Top 10 FinTech Capital Raises in the U.S. – December 1st-15th, 2024

Several interesting transactions closed in the FinTech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.

PIPE

  1. Matador, operator of a gold trading platform intended to enhance the buying and selling process, sold a 14% stake to investors through a private placement.
  2. Tenet Fintech Group, parent company of a group of innovative FinTech and AI companies. Together with its subsidiaries, received CAD 1.96 million of development capital from accredited investors, over 2/3 tranches through a private placement.

Merger/Acquisition

  1. Fractal, operator of cryptocurrency and blockchain technology services based in the United States, acquired by Dai Lo.
  2. Interchain, operator of a blockchain company intended to help chains harness maximum extractable value to achieve financial stability and power better and cheaper user experiences, acquired by Interchain Foundation.

Later Stage VC

  1. Jiko, developer of a trading platform designed to keep, control and spend money wisely, raised $29 million of Series C venture funding in a deal led by Upfront Ventures.
  2. Vine, developer a lending platform designed for financiers and borrowers to collaborate more effectively, raised venture funding from RevTech Labs Capital.

Early Stage VC

  1. Lens Labs, developer of a web-three protocol platform designed to create decentralized social networks, raised venture funding from Delphi Ventures.

Seed Round

  1. Lockchain, developer of all-in-one security platform designed for custom-built web3, raised $4.42 million of seed funding.
  2. Perena, developer of stablecoin system designed for decentralized finance purposes, raised $3 million of pre-seed funding in a deal led by Borderless Capital.
  3. Habits, developer of a financial platform designed for young families to seek professional advisors, raised $1.64 million of seed funding from Atlanta Ventures, Flywheel Fund, Elevate Ventures and other angel investors.

#castleplacement #capitalraising #privateequity #venturecapital #investment #FinTech

Please contact me if you have any questions or would like to discuss your capital raise:

Email: jspaulding@castleplacement.com

(C) (917) 475-6679

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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.

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Thanks, Ken

Ken Margolis | Managing Partner Castle Placement
1460 Broadway Street
New York, New York 10036
(212) 418-1180
kmargolis@castleplacement.com

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