The Financial Revolutionist

🚨 Payment fraud isn’t just rising, it’s evolving. According to a recent survey by the Association for Financial Professionals, 79% of U.S. businesses were targeted by payment fraud in 2024—but only 22% managed to recover most of their losses. 😳 The usual suspects like email phishing and invoice fraud are still out there, but AI is opening the floodgates to a new generation of sophisticated AI scams, especially in payments and e-commerce. 💡 Tom Cook, Chief Product & Technology Officer at LegitScript, argues that the only way forward is to fight AI with AI. That means integrating real-time, machine-learning-driven detection systems into how they onboard merchants and continually monitor activity. 🔗 Read the full article here: https://lnkd.in/gpUbJdVN #FintechNews #AI #FraudPrevention #EcommerceSecurity #Fintech #Payments #RiskManagement

Today's #fintechdeal is for Capitolis. 🔥 Capitolis, a NY-based fintech focused on capital markets infrastructure, raised $56 million in an undisclosed funding round from Barclays, BNP Paribas, J.P. Morgan, Citi, Morgan Stanley, State Street, UBS, Canapi Ventures, 9Yards Capital, and Greenfield Partners. 🚀💲💲💲 Harvey Hudes Marcel van Oost Gil Mandelzis Rob Hone Kester Keating Jean-Laurent Bonnafé Banu Ulutuncel Edward W. Gonzalo Garcia Kenny Siris Singh Zheng Wang Gregg Bromberg Tobias Krause Tom Payne Baljit Basi Harrison Kioko Hunter M. Theo Osborne Shay Grinfeld 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribe #FintechNews #CapitalMarkets

Today's #fintechdeal is for Rillet. 🔥 Rillet, a NY-based startup developing AI-powered accounting software, raised $70 million in a Series B funding co-led by Andreessen Horowitz and ICONIQ, with participation from Sequoia Capital, First Round Capital, Creandum, and Oak HC/FT. 🚀💲💲💲 Harvey Hudes Marcel van Oost Nicolas Kopp Stelios Modes Ben Horowitz Kim Milosevich Roelof Botha Pat Grady Josh Kopelman Meka Asonye Staffan Helgesson Carl Fritjofsson Annie Lamont Andrew Adams 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribe #FintechNews #Fintech

In the first half of 2025, AI accounted for over half of global VC deals, and nearly two-thirds in the US... Meanwhile, fintech funding has slowed considerably. The problem? Something crucial is missing from fintech's AI story: our voice in shaping it. Jonathan Bailey, chief technology officer of Extend, makes the case for why fintech leaders need to start contributing to AI’s core infrastructure or risk being shut out of how this technology evolves. According to recent industry data, 84% of financial firms report that open-source AI delivers "substantial business value," and nearly half plan to expand their use of open tools this year. We're already betting our businesses on community-driven innovation but we’re not helping steer it. The future of finance will be built on open infrastructure. If fintech leaders don’t step up now, they'll remain consumers, not co-creators, of the next wave of innovation. 🔗 Read the full piece: https://lnkd.in/g3q2zUYz #FintechNews #Fintech #OpenSourceAI #AIinFinance #FintechLeadership #GitHub #FinGPT #VC #ArtificialIntelligence #FintechInnovation #FutureOfFinance

Today's #fintechdeal is for Grasshopper Bank. 🔥 Grasshopper Bank, a NYC-based client-first, full service digital bank, raised $46.6 million in an undisclosed funding round led by Patriot Financial Partners LP, with participation from Glendon Capital Management LP. 🚀💲💲💲 Harvey Hudes Marcel van Oost Mike Butler Mike Lenahan Chris Tremont Brana Webb Danielle Kane Steven Kerr, CFA, FRM Kirk Wycoff David Honold, CFA Jim Lynch Brian Berman Lauren M. 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribe #FintechNews #Banking

Today's #fintechdeal is for Blue J. 🔥 Blue J, a leading GenAI tax research platform, today announced it has raised $122 million in U.S. dollars in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners, and previous investors Ten Coves Capital and CPA.com. 🚀💲💲💲 Harvey Hudes Marcel van Oost Annie Lamont Andrew Adams Nino Marakovic Mark Machin Mark Shulgan Ajay Agrawal Dan Kittredge Kyle Kruse Michael Lipin Steven Lula Ned M. Steven Piaker Erik Asgeirsson Colette Sharbaugh Kimberly Blascoe, CPA Benjamin Alarie Lindsay Cournoyer Christine M. Christine Glossop 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribe #FintechNews #Fintech

Today's #fintechdeal is for GeoWealth. 🔥 GeoWealth, a Chicago-based proprietary asset management platform, raised $38 million in a Series C funding round led by Apollo Global Management, Inc., with participation from BlackRock, J.P. Morgan Asset Management and Kayne Anderson. 🚀💲💲💲 Harvey Hudes Marcel van Oost Colin Falls Jack Hannah Katie Genaze (Bomher) Larry Fink Joud Abdel Majeid George Gatch Larry Goodfield, Jr., CFA Aaron Zimmerman Aaron Miller Aaron Sobel Al Rabil 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribe #FintechNews #Wealthtech

It's time to highlight this week's top #fintech deals! 🔥 Check them out ⬇️ The top deals from the week include Ramp, Saphyre, QI Tech, Salient, and Cover Whale. 👏 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribeFR. Other deals mentioned in this newsletter: TakeUp RD Technologies Pacaso Courtyard.io Wingspan Two Prime Daloopa Flyhomes Chocolate Finance Common Wealth Retirement Quartr Keye (YC F24) Trustfull Handwave Revolut Merso Revolut InTick ARO Network Harvey Hudes Marcel van Oost Gabino Roche Jr Stephen Roche Eric Glyman Brad Mattick Pedro Mac Dowell Ari Malik Daniel Abrahamsen #FintechNews #FintechDeals #Fintech #Banking #Insurtech #Payments #Lending #Crypto #Wealthtech #CapitalMarkets #Blockchain

🇧🇷 Brazil isn’t just part of the fintech story, it’s writing the playbook. From São Paulo to Silicon Valley, Brazil’s fintech founders are quietly (and not-so-quietly) reshaping global finance. luiz guilherme manzano, the founder and partner of big_bets, a Brazil-based venture capital firm, breaks down how Brazil became the epicenter of fintech innovation. Take Pismo, acquired by Visa for $1B: proof that world-class banking infrastructure can be born in emerging markets by teams who deeply understand scale, complexity, and customer need. So, what’s Brazil’s secret? ➡️ A massive underbanked population ➡️ Government-driven innovation (hello, Pix 👋) ➡️ A fearless founder culture with global ambition Catch the full story here: https://lnkd.in/gkvwesek #FintechNews #Fintech #EmergingMarkets #BrazilTech #GlobalFinance #StartupPlaybook

Today's #fintechdeal is for Saphyre. 🔥 Saphyre, a Hoboken-based provider of AI-powered platform for automating finance operations and trading workflows, raised $70 million in a growth equity funding round from FTV Capital. 🚀💲💲💲 Harvey Hudes Marcel van Oost Gabino Roche Jr Stephen Roche Brad Bernstein Robert Anderson Kyle Griswold Karen Derr Gilbert 👉 Subscribe to the FR for the latest on the top #fintech deals that matter. Sourced daily, in one convenient place: https://bit.ly/subscribe #FintechNews #CapitalMarkets