The rebound in fintech funding that we’ve been on the lookout for over the previous few weeks earned additional affirmation at this time after our evaluation of the funding totals for firms which have demoed on the Finovate stage.
9 alums have raised greater than $566 million within the third quarter of 2025. This determine is the best funding complete for alums in a Q3 since 2022. Actually, provided that the quantities of the investments in two cases this quarter (the fundraisings by AKUVO and Argyle) weren’t disclosed, it’s doubtless that this 12 months’s Q3 complete is greater than double the quantity raised within the third quarter of 2023.
Earlier quarterly comparisons
Q3 2024: Greater than $16 million raised by six alums
Q3 2023: Greater than $293 million raised by eight alums
Q3 2022: Greater than $1 billion raised by eight alums
Q3 2021: Greater than $1.1 billion raised by 14 alums
Whereas this quarter’s tally falls in need of the billion-plus we’ve seen in lots of third quarters previously (2022-2019, 2017, and 2015 for instance), the sizable determine continues to be a hopeful signal heading into the ultimate quarter of the 12 months that fintech funding is on the way in which again.
Prime fairness investments
The highest fairness funding for Finovate alums in Q3 2025 was far and away the $300 million introduced by Quavo Fraud & Disputes in July. Actually, Quavo’s fundraising complete represents greater than half of the overall quarterly funding for alums in Q3 2025.
Quavo’s progress fairness funding got here from Spectrum Fairness and empowered the corporate, within the phrases of Co-Founder and CEO Joseph McLean, to “speed up our AI-led product growth initiatives and develop our go-to-market and consumer success groups to fulfill rising market demand.” The funding took the corporate’s complete capital raised to $311 million, based on Crunchbase.
Based in 2016 and headquartered in Wilmington, Delaware, Quavo supplies fraud and dispute administration options to firms starting from world issuers and fintechs to regional banks and credit score unions. The corporate most just lately demoed its know-how at FinovateFall 2025.
Right here is our detailed alum funding report for Q3 2025.
July 2025: $300 million raised by one alum
August 2025: Greater than $86 million raised by two alums
September 2025: Greater than $180 million raised by six alums
If you’re a Finovate alum that raised cash within the third quarter of 2025, and don’t see your organization listed, please drop us a observe at [email protected]. We’d like to share the excellent news! Funding acquired previous to changing into an alum not included.
Photograph by Ian Talmacs on Unsplash
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