April saw fintech investors back a broad mix of companies across payments, embedded finance, business banking, wealth management and financial services infrastructure.
Some of the month’s largest rounds went to AI and data platforms serving financial institutions, while payments and SME finance companies also attracted fresh capital as they looked to expand products, teams and geographic reach.
AI and infrastructure rounds lead the month
Rogo had one of the month’s larger funding announcements with a $160 million Series D led by Kleiner Perkins. The company builds AI tools for investment banks, asset managers and private equity firms, and counts Sequoia, Thrive Capital, Khosla Ventures and J.P. Morgan Growth Equity Partners among the investors in the round. The new financing will go towards deeper integrations with client firms, hiring more bankers and engineers to work alongside customers, and expanding its presence in EMEA and Asia.
Ebury, Santander’s cross-border payments fintech, also secured around £550 million through funding rounds led by Centerbridge. Santander, Vitruvian Partners and 83North also participated, with Santander investing £50 million and retaining a 55% majority stake.
Operating across 30 regulated markets and serving more than 27,000 businesses, Ebury says the funding will support product development, geographic expansion and AI capabilities.
Business banking platform Slash also raised $100 million in Series C funding at a $1.4 billion valuation. Ribbit Capital led the round, with Khosla Ventures and Goodwater Capital co-leading, while NEA and Y Combinator also participated. Slash, which provides business accounts, payments, invoicing, expense management and accounting tools, serves more than 5,000 companies and plans to use the funding to continue expanding its product offering.
Payments and SME finance remain active
Payments infrastructure remained active during the month. Fun, a payments infrastructure company used by platforms including Polymarket, Lighter and Aave, raised $72 million in Series A funding co-led by Multicoin Capital and SignalFire. The company processes more than $18 billion in transaction volume a year and supports users across more than 100 countries. It plans to invest in engineering, open a Singapore office to support Asia-Pacific expansion and pursue selective acquisitions.
SME finance was another focus area. Comfi, a UAE-based B2B embedded finance platform, raised $65 million in a pre-Series A round made up of equity and debt. Iliad Partners led the equity round, with participation from Yango Ventures and Raw Ventures, while Partners for Growth provided a credit facility and Shorooq structured a mezzanine facility. Comfi allows SME suppliers to offer business customers payment terms of up to 90 days while receiving payment within 24 hours. The company said the funding will help scale its underwriting and risk capabilities, expand its product offering and grow across MENA.
Pipe added another SME finance deal to the month’s activity, raising $16 million from investors including Fin Capital and MaC Venture Capital. The company embeds financing inside software platforms used by small businesses, giving firms access to capital within the tools they already use to run operations. Since relaunching the product in 2024, Pipe says it has originated more than 15,000 advances globally, worth more than $300 million in total. It plans to use the new funding to bring on more partners and keep scaling the product as it moves towards profitability.
Payments and commerce infrastructure also featured in the smaller April rounds. pmtbox, a Utah-based company building commerce infrastructure for merchants, raised $15 million in seed funding led by Tandem Ventures, with Element Ventures and Cynosure Investment Partners also participating. Its platform brings payments, risk and transaction data into one system, aiming to give merchants a clearer view of their operations.
Tapaya, a Prague-based payments startup, raised €1 million in pre-seed funding led by Passion Capital and co-led by Depo Ventures. The company helps banks, fintechs and software platforms add in-person payment acceptance to apps and everyday commercial devices, reducing reliance on dedicated payment terminals.
Seapoint, a financial platform for startup founders in the UK and Ireland, also raised €7.5 million in seed funding led by 13Books.
Wealth, venture capital and market intelligence draw backing
Performativ, a Copenhagen-based wealth management operating system, raised $14 million in Series A funding led by Deutsche Börse Group, with participation from Rabo Investments and existing investors. The company plans to expand its work with private banks and larger financial institutions across Europe.
Meanwhile, Astor, a San Francisco-based SEC-registered AI investment advisory platform, raised $5 million in seed funding led by Monashees, with backing from Y Combinator, Goodwater Capital and others. Astor connects to users’ existing brokerage accounts and provides personalised investment guidance through conversational AI.
Venture capital and market intelligence announcements added to the month’s activity. Illuminate Financial, a venture capital firm focused on financial services technology, closed a $135 million early growth fund backed by institutions including BNP Paribas, Citi, Deutsche Börse, HSBC, Jefferies, RBC, S&P Global and TD Securities. The fund will target Series B and later enterprise AI and fintech companies. Meanwhile, 9fin, a London-headquartered AI information platform for global debt markets, launched in Asia-Pacific, supported by its $170 million Series C funding round from March 2026.
Elsewhere, PvX Partners, a Singapore-based financing platform for consumer apps, raised $10.5 million in Series A funding led by T-Accelerate Capital, with participation from Z Venture Capital and Drive by DraftKings. Tenzo, a London-based real-time data and analytics platform for hospitality operators, secured a $5 million first close of its Series A extension round led by Edge.vc. LemFi, a financial services platform for globally mobile communities, also committed £100 million to the UK over five years and named London as its global headquarters, with the investment set to support technology research and development, compliance infrastructure and hiring.