Red-letter week for FinTechs as $1bn raised across 17 deals

This week was a powerful funding week for FinTech firms, with $1.07bn raised across a healthy 17 deals.

This marks a second consecutive week of funding that tipped over the $1bn mark, after $1.2bn was raised across all deals last week.

The leading raise this week came from Dream, a CyberTech firm that has former Austrian Chancellor Sebastian Kurz as its president. The company raised a powerful $260m as the AI race continues to heat up.