Fintechs raised $31.1 billion across 1,185 deals in Q3 as record adoption fueled the investor flywheel.

The funding comes after the startup secured clients at a record pace in fast-growing sectors, particularly in fintech.

Established fintechs are increasingly commanding funding—and the space’s maturation will herald more exits and pressure from investors to demonstrate a path to profitability

Here’s how French fintechs raised $2.45B so far this year—the third-largest funding in Europe—and what it means for the UK’s top spot.

An incoming tide of ad revenue swelled the social media platform’s $10B valuation and funding raise of $700M. Here’s how our Fintech and eMarketer analysts say meme stocks helped.

Fintechs raised $30.79 billion, accounting for $1 out of every $5 raised for startups across industries—and newly raised, multibillion-dollar fintech funds will keep up the momentum in the coming quarters.

The fintech helping subscription companies access their annual cash flows has experienced strong growth over the last year, in part thanks to expanding its target audience—and it’s continuing a wider trend of increased fintech funding.

Wealthsimple hits 2M Canadian users amid neobanking push: The Canadian fintech reached a user threshold as it hit a CAD$5 billion valuation from its latest funding round—positive signs that it could become a significant player despite the challenges in its home market.

Wealthsimple has secured $559M in funding at a $3.7B valuation thanks to the success of its retail trading and new crypto and P2P money transfer products. The Canadian fintech should now roll out customized portfolio options to double down on growth.

After a year of strong premium growth, Ladder will seek licensing in more US states to underwrite policies without carrier partners.

The news: The US-based digital wealth manager has raised $160 million in funding through a $60 million Series F and a $100 million credit facility, surpassing the unicorn milestone with a $1.3 billion valuation, per Finextra. How we got here: Founded in 2008, Betterment has seen its assets under management (AUM) growth accelerate over the past year:.

Jeeves raised $57M to expand to more countries and help companies keep foreign exchange rates low, giving it an edge over other startups in the space.

A potential regulatory clampdown hasn’t dampened investment in Indian fintechs: Total investments in blockchain and crypto startups have increased 10-fold in the last two years in India. Crypto fintechs CoinSwitch Kuber and Vauld both netted $25 million in the last few months, and the funding trend shows no sign of slowing down.

Groww is in talks for a new raise that would triple its valuation to $3B as investors eye huge user acquisition opportunities for local fintechs.

While the US will maintain its uncontested lead as the country with the most fintech unicorns, the next four biggest hubs will switch rankings. Here’s why.

Fidelity led the round, underscoring the US appetite to extend capital to the fast-growing fintech ecosystem.

Established Indian fintechs, like insurtech PolicyBazaar, are seeking to cash in on increased investor interest in tech businesses and hostile Chinese market conditions by filing for IPOs

The funding frenzy expanded in 2021 in a large number of areas: fintechs, digital health, retail tech, and clean energy companies. These will be key areas to focus on in 2022 as investors chase opportunities in equity, access, and the environment. A wave of fintech funding will bring financial health to neglected customer segments.

Curve follows most UK fintechs in focusing on broadening its product suite rather than making a profit, which has done little to deter backers.

The US-based fintech raised the Series C funding for its alternative investment platform, per TechCrunch. YieldStreet gives users access to alternative investments like real estate, art finance, and marine finance. It also has a service that lets users raise capital.