- Just 13 FinTech funding deals closed globally this week, raising $736 million.
- Despite a slow week, major players like Kiavi led the way with a $400 million securitization.
What happened: A quiet week for FinTech deals in December
As 2024 winds down, the FinTech sector experienced a slower week, with only 13 funding deals recorded globally. Despite this, the total raised across these deals reached $736 million, signaling that significant investments are still occurring even as activity slows. One of the standout deals was Kiavi, a tech-driven real estate lender, which raised $400 million through a securitization deal. Other notable transactions included Yellow Card, a stablecoin-focused platform that secured $33 million to expand its API offerings, and Stoïk, a French InsurTech firm, which raised $27 million to enhance its cybersecurity insurance products. This week’s activity highlights a continued interest in niche areas such as real estate finance, digital currency infrastructure, and insurance technolog.
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Why it is important
The relatively low number of deals this week suggests that 2024 is ending on a quieter note for FinTech funding. This slowdown could reflect cautious investor behavior amid uncertain macroeconomic conditions or an ongoing shift toward targeted, high-impact investments. While the volume of deals is lower, the size and focus of investments demonstrate confidence in specific sectors. For example, Kiavi’s substantial $400 million raise highlights the growing demand for real estate finance innovation, while Yellow Card’s funding underscores the potential of stablecoins to transform financial systems in emerging markets. As the industry adapts to evolving consumer needs and regulatory landscapes, these investments offer insight into where FinTech is heading in 2025.
