2025 was a good year for fintech, in fact, according to Innovate Finance, global fintech investment increased 21% in 2025 to $53 billion.
Whilst the US unsurprisingly led the pack in terms of investment, driving $25.1 billion of fintech deals, the UK came in second with $3.6 billion, and India came third with $3.4 billion.
Other regions driving investment included the UAE, Singapore, Brazil Canada and Mexico.
Which Sectors Drove The Most Interest?
When it came to the sectors driving the most interest, according to the same report, payments came out top with 5 of the 20 top deals, followed by crypto claiming 4 and SME banking claiming 3.
But which companies were the ones driving this?
Here, we break down the biggest fintech funding rounds of 2025.
The Biggest FinTech Funding Rounds Of 2025
Binance: $2 billion (March)
Just last year, Binance, the cryptocurrency exchange, raised a huge $2 billion by selling a minority stake to Abu Dhabi’s MGX.
The deal was done entirely in cryptocurrency, true to form.
According to Forbes, this is the biggest in the world of cryptocurrency so far.
Round: Investment.
Post-Raise Valuation: $300 billion
Led by:Abu Dhabi’s MGX.
Polymarket: $2 billion (October)
In October, Polymarket sold a $2 billion stake in the company to Intercontinental Exchange (ICE), the owner of the New York Stock Exchange.
Alongside the investment, ICE will become a distributor of Polymarket’s event-driven data, as well as acting as a partner on future tokenisation.
Round: Investment.
Post-Raise Valuation: $9 billion
Led by: Intercontinental Exchange (ICE)
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Revolut: Share Sale (November)
In November, Revolut, the fintech platform with over 100 million customers around the world, announced a share sale.
The opportunity allowed employees to sell their shares to bigger institutional investors like NVentures (NVIDIA’s venture capital arm) allowing Revolut to continue building partnerships in areas like AI.
Round: Secondary share sale
Post-Raise Valuation: $75 billion
Led by: Coatue, Greenoaks, Dragoneer, and Fidelity.
Kalshi: $1 billion (December)
In December, Kalshi announced their Series E funding round. Kalshi is an online prediction market, where people can trade based on real world events and the probability that they will happen.
And the concept has caught on. In fact, Kalshi has a trading volume of over $1 billion every week, with users trading the future in over 3,500 markets.
As part of the round, Kalshi is looking to scale to 100 million customers and integrate more usability into the platform.
Round: Series E
Post-Raise Valuation: $11 billion
Led by: Paradigm
Kraken: $800 million (November)
In November, Kraken announced that they have raised $800 million across 2 tranches. The first tranche was led by a group of institutional investors, with a second tranche of $200 invested by Citadel Securities.
With the extra capital, Kraken is looking to continue expanding globally and growing their product suite, both through internal development but also strategic acquisitions.
Post-Raise Valuation: $200 million
Led by: Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management and Tribe Capital,
Ramp: $300 million (November)
Ramp had a big 2025, with multiple funding rounds, culminating in their $300M funding round in November. Before that, Ramp also raised $500M series E-2 in July, a $200M series E in June and a $150M secondary sale share in March.
With $1 billion in annualised revenue, the latest round is designed to help them continue developing AI tools to automate time-intensive financial tasks.
Round: Series E+
Post-Raise Valuation: $32 billion
Led by: Lightspeed
Rapyd: $500 million (March)
Israeli unicorn Rapyd has been expanding aggressively, and in 2025, it raised $500 million and acquired PayU’s global payments division.
Over the past few years, Rapyd has been solidifying itself as a major player in the cross-border payments industry, with rumours of an IPO coming soon. With the new deal, it is looking to expand its team and continue driving revenue.
The raise brings Rapyd’s total funding to over $1 billion.
Round: Funding
Post-Raise Valuation: $4.5 billion
Led by: General Catalyst, Vista, and TAL Ventures
