Global fintechs raise around USD 2.06 billion in February, ET BFSI
~Samriddhi Singh Mahar
The global fintech funding noticed a drop, going from USD 2.66 billion in January to USD 2.06 billion in February 2025, with the month seeing a complete of 140 offers happen, as per the information by 1Lattice.
The highest 20 FinTechs globally mixed raised roughly USD 1.49 billion in February, which is a slight drop from the earlier month’s USD 1.93 billion.
With USD 1.93 billion gathered, this group’s funding has diversified over the previous six months, peaking in November at USD 2.04 billion, dropped drastically to USD 0.66 billion in December, after which recovering in January 2025 with virtually over twice the gathering of the earlier month.
For February 2025, SelectQuote, a web based life insurance coverage comparability platform for people, led the pack with a set of USD 350 million from traders corresponding to Bain Capital, Morgan Stanley and Newlight Companions.
Following them, Tabby, a business-focused buy financing resolution, secured USD 160 million from traders together with Blue Pool Capital, Hassana, STV, and Wellington; and Solaris, an open banking platform supplier, raised USD 152 million from the SBI Group.
Prime 10 world fintech fundraises in February 2025:
(Supply: 1Lattice)
Fintech Funding situation in India
Indian FinTech corporations raised a complete of USD 144.75 million throughout 14 offers in February, up from USD 100.38 million throughout twelve offers in January.
Indian FinTechs raised a complete of USD 144.75 million, throughout fourteen offers, in comparison with USD 100.38 million in January. Bengaluru primarily based Cashfree Funds managed to bag USD 53 million in its sequence C funding, adopted by Zeta that secured USD 50 million in Sequence D.
The month’s largest funding got here from Bengaluru-based digital payments agency Cashfree Payments, which secured USD 53 million in a Sequence C spherical led by Krafton and Apis Companions. Following intently, cost and banking options supplier Zeta raised USD 50 million in a Sequence D spherical led by Optum. In the meantime, on-line lender Oxyzo, specializing in micro-loans for companies, secured USD 12 million in recent capital, whereas schooling financing agency Auxilo raised USD 5.7 million in a spherical led by Motilal Oswal.
