We again?
There are nonetheless a number of days left however, thus far, within the second quarter of 2025, 16 Finovate alums have raised greater than $1.2 billion in new funding. The sum is a number of instances bigger than final yr’s Q2 funding haul, as we be aware under, and likewise featured twice as many alums securing recent capital.
Earlier quarterly comparisons
Q2 2024: Greater than $292 million raised by eight alums
Q2 2023: Greater than $209 million raised by ten alums
Q2 2022: Greater than $984 million raised by eight alums
Q2 2021: Greater than $2.8 billion raised by 14 alums
In actual fact, Finovate alums within the second quarter of this yr raised greater than they’ve in any Q2 since 2021. This quarter additionally featured three funding rounds by which the quantity of the funding was undisclosed. Which means the true tally for alum funding for Q2 exceeds the $1.2 billion headline quantity—and maybe by a big margin.
Prime fairness investments
Plaid: $575 million
Scalable Capital: $176 million
Thunes: $150 million
Stash: $146 million
Zopa: $106 million
The $575 million raised by Plaid is much and away the most important fairness funding for Finovate alums in Q2 of 2025. The funding spherical was led by Franklin Templeton, a brand new investor to the corporate, and featured participation from present traders NEA and Ribbit Capital. The funding was a enterprise spherical, by which Plaid offered new shares to handle a wide range of points, together with offering liquidity to members of the Plaid workforce, as defined by firm CEO and Co-Founder Zach Perret.
Q2 additionally featured a handful of different important investments of greater than $100 million. Apparently, the 4 firms to obtain funding on this vary in current months come from both the world of funds (Thunes) or investing (Scalable Capital, Stash, and Zopa). As fintech funding begins to get well, it will likely be worthwhile to look at and see if these two subsectors of our trade play a significant function in main fintech funding again towards pre-pandemic ranges.
Right here is our detailed alum funding report for Q2 2025.
April: Greater than $795 million raised by 5 alums
Could: Greater than $257 million raised by 4 alums
June: Greater than $221 million raised by seven alums
In case you are a Finovate alum that raised cash within the second quarter of 2025 and don’t see your organization listed, please drop us a be aware at [email protected]. We’d like to share the excellent news! Funding acquired previous to turning into an alum not included.
Picture by micheile henderson on Unsplash
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