A handy round-up of the recent funding endeavours of fintech companies across the globe.
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industry. That’s why we put together our weekly In Case You Missed It (ICYMI) funding round-up so you can get the latest funding news.
Pluto bags $8.6m in seed funding
Pluto Financial Technologies, an embedded lending platform, has secured $8.6 million in equity funding, alongside “hundreds of millions in lending capacity”, according to a company statement.
Motive Ventures, Portage, Apollo Global Management, Hamilton Lane, Tectonic Ventures and Broadhaven Ventures all took part in the seed funding round.
Established in New York in 2023, Pluto offers investors the ability to borrow against private market assets with repayment from future fund distributions through its flagship product, Wealth Equity Line of Credit. It allows investors to “access credit on demand, without selling positions or waiting months for intermediaries”.
The firm has indicated that it will use the new injection of capital to support the development of its platform, ensuring investors have access to more liquidity.
Coinbax lands $4.2m to improve stablecoin payments trust layer
US-based stablecoin-focused start-up Coinbax has closed its seed funding round, raising $4.2 million.
The round was led by BankTech Ventures, with Connecticut Innovations, Paxos, and SpringTime Ventures also participating. In its funding announcement, Coinbax also reveals it saw investment from additional “industry leaders across banking, payments, and digital asset infrastructure”.
In September 2025, former managing director Peter Glyman departed his position at Jack Henry to create Coinbax, a company he said would provide infrastructure for stablecoin payments and escrow through risk-controlled, reversible smart contracts.
With the new financial backing, Coinbax says it will look to accelerate the development of its engineering team as well as connect with custody and wallet infrastructure providers and establish partnerships with commercial banks and enterprise payments design teams.
EJF Ventures leads Onsetto $2.2m seed funding round
Business banking start-up Onsetto has raised $2.2 million in seed funding, complementing its onboarding of a “double-digit number of financial institutions under contract”, according to a company statement.
EJF Ventures led the round, alongside Idea Fund of La Crosse, The Perch Fund, and Minneapolis-based angel investors Daren Cotter and Bobby Astrup.
Established in 2025 by CEO Cale Johnston, Onsetto enables “banks and credit unions to identify core operating account components, move payroll and payments faster, and drive earlier deposit funding and treasury engagement”.
Commenting on how the funds will be utilised, Johnston says: “This funding allows us to deepen our product capabilities while scaling our go-to-market efforts so more institutions can turn newly opened business accounts into fully funded, primary operating relationships.”
Nodu to broaden coverage and expand team with €1.25m pre-seed raise
Nodu, a UK-based stablecoin infrastructure start-up, has secured €1.25 million in a pre-seed funding round.
Luxembourg VC firm Digital Space Ventures led the round, adding Nodu to a portfolio of early investments which includes Revolut and Paysend.
Founded in 2025 by CEO Alex Novozhenov, Vladislav Nikolayev, and Daria Dubinina, Nodu provides financial institutions and businesses with a compliance and payments framework to launch stablecoin payments solutions, enabling them to transfer fiat and crypto in one place.
The new funds will go towards building out the company’s engineering and compliance teams, strengthening its partnerships with banks and fintechs, and expanding its market coverage.
India-based Mylapay secures $1m in ongoing capital round
Indian payment infrastructure provider Mylapay has raised $1 million ahead of its upcoming Series A round. The new funds build on the company’s existing $550,000 seed round.
Existing investors CDM Capital and Credit Saison contributed to the fundraise, with GrowthCap Ventures, led by Pratekk Agarwaal, and a network of angel investors investing in the company for the first time.
Mylapay’s flagship offering, a unified acquiring platform, is designed to provide financial institutions with a consolidated overview of card and UPI acquiring lifecycles.
The company claims to be able to process over 5,000 transactions per second, ranging from switching, clearing, settlement, and chargebacks. Mylapay, established in 2019, is certified by Visa, Mastercard and RuPay.
The new funds have been earmarked to scale Mylapay’s existing product suite, expand operations into new markets, and strengthen existing partnerships.
Barclays invests in US-based fintech Ubyx
Barclays has invested an undisclosed amount into US-based fintech Ubyx as the bank looks to support the firm in unlocking “the full potential of digital assets”, according to Ryan Hayward, head of digital assets and strategic investments at Barclays.
Ubyx is a stablecoin and tokenised deposits clearing system created in 2025 with the aim of building “a common globalised acceptance network for regulated digital money including tokenised deposits and regulated stablecoins”, adds company CEO Tony McLaughlin.
McLaughlin continues: “Bank participation is vital to provide par value redemption through regulated channels. We are entering a world in which every regulated firm offers digital wallets in addition to traditional bank accounts.”
Finovate notes that this investment showcases the bank’s desire to improve digital asset interoperability and redemption, rather than indicate any intention of issuing its own stablecoin or tokenised deposits.
Broadridge expands DeepSee partnership with new investment
US-based DeepSee has received a new investment from existing partner Broadridge for an undisclosed amount. In addition to the capital, Tom Carey, president of global technology and operations (GTO) at Broadridge, is set to join the DeepSee board of directors. As a part of the agreement, Broadridge will take a minority ownership stake in DeepSee.
Broadridge states that its investment and collaboration with DeepSee “will initially focus on deploying AI-powered email orchestration, turning traditional inboxes into intelligent, automated workflows for post-trade operations teams”.
Founded by CEO Steve Shillingford and COO/CFO Ken Saunders, DeepSee offers banks and financial institutions AI agents to automate manual workflows, ensure more efficient resource usage, and provide greater clarity and transparency of processes to enable actionable insights.
