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Over $1.5bn raised across 21 FinTech deals this week

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A total of $1.5bn was raised across 21 FinTech deals this week due to a colossal $1bn investment round raised by WealthTech platform Kalshi. The mega deal, which was led by Coatue Management, put Kalshi’s valuation to $22bn. The WealthTech company was founded in 2018 to help investors trade on real-world outcomes, such as sports games and elections. It previously raised $1bn in its Series E round ...
In this article, we see two fintech companies, Bedrock Data and Current Data, announcing strategic partnerships and investments with Snowflake Ventures. These collaborations aim to enhance data-centric security, governance, and management capabilities for Snowflake customers by integrating their platforms with Snowflake's AI Data Cloud. Bedrock Data's Metadata Lake, an AI-powered knowledge base mapping every dimension of enterprise data, will provide a unified view of sensitive and risky data ac...