FinTech funding rebounded significantly this week, with a massive $2.24 billion raised across 15 funding rounds, marking a strong recovery from previous weaker figures. This surge was predominantly driven by a landmark $1.5 billion raise by UK-based Propel Finance, specifically aimed at bolstering SME lending across the United Kingdom. This single mega-round represented over half of the total capital injected into the sector this week, solidifying its position as one of the largest European FinTech funding events of the year.

Beyond the UK, significant investments were seen globally. Mexican digital banking firm Klar secured $190 million to fuel its expansion efforts across Latin America, underscoring the growing digital finance landscape in the region. Africa's burgeoning FinTech ecosystem also demonstrated its strength, with mobile-first platform Wave successfully raising €117 million, reflecting sustained investor confidence in the continent's journey towards digital financial inclusion.

Specialized sectors within FinTech, particularly RegTech and cybersecurity, attracted substantial capital. UK-based Clearspeed garnered $60 million in Series D funding to advance its innovative voice-based risk technology. Complementing this, French cybersecurity firm Gatewatcher secured €25 million, and Greek banking technology provider Natech raised €28 million, highlighting the critical importance of secure and efficient financial infrastructure. US-based AI security startup Bonfy.ai added to this trend with a $9.5 million raise, reinforcing the global demand for advanced compliance and risk management solutions.

The week also saw a variety of strategic deals across different FinTech sub-sectors. Wealth management platform Savvy Wealth, based in the US, closed a $72 million Series B round. The InsurTech sector witnessed activity with Dutch firm Surebird securing a €1.165 million seed round and Danish Leaf Insurance raising €1.74 million. Furthermore, US FinTech DailyPay completed a $200 million securitisation aimed at accelerating its growth, while Indonesian AI spend platform Monit successfully raised $2.5 million, showcasing the broad geographical distribution of FinTech innovation.

Geographically, the US and UK continued to lead the funding landscape in terms of both deal volume and value. The UK notably saw four deals, including the significant rounds for Propel Finance, Clearspeed, and Savvy Wealth, alongside an undisclosed funding round for usecure. The US recorded multiple rounds, including DataBahn's $17 million Series A and Zango AI's $4.8 million raise, reinforcing its position as a global FinTech hub.

Sector-wise, Banking Infrastructure emerged as the dominant category, largely propelled by the combined investments in Propel Finance, Klar, and Natech, which together accounted for over $1.7 billion and €28 million. RegTech and Cybersecurity followed as significant contributors, with six deals collectively amounting to approximately $101 million and €25 million. PayTech also maintained its strong momentum, driven by the combined $329 million and €117 million raises by DailyPay and Wave, respectively. These figures underscore a vibrant and diverse FinTech funding environment globally.