FinTech Sector Raises Over $1.6B Across 27 Deals Amid European Funding Drop

The FinTech sector experienced a dynamic week with $1.63 billion raised across 27 deals, led by Canadian firm Wealthsimple's $750 million equity round, boosting its valuation to CAD $10 billion. U.S.-based firms dominated, securing the majority of deals, with significant investments also noted in CyberTech, PayTech, and financial infrastructure sectors. SavvyMoney also raised $225 million, supporting its growth in financial wellness solutions. Meanwhile, the European FinTech market saw a 42% year-on-year decline in funding during Q3 2025, totaling $2 billion across 174 deals, signaling regional challenges despite global momentum. Separately, Indian startups attracted robust funding across fintech and AI, highlighted by PhonePe's $600 million pre-IPO investment from General Atlantic and several other notable raises supporting AI, mobility, and sustainable brands. These trends illustrate a broad global investment landscape with strong U.S. and Indian activity contrasting with contractions in European FinTech funding.