Skip to content
Builders in Fintech

Builders in Fintech — Friday 6 November: Finpilot raises $10M, 5 more rounds

Friday 6 November 2026 · By Michele Mattei

Infrastructure for digital assets led the day. Soter Insure added Standard Chartered's SC Ventures and SBI to its Series B, Uniform Labs launched Multiliquid Treasury for 24/7 T-bill yield on corporate cash, and Lombard Systems raised $4M for financing against tokenised collateral. Chime posted $718M in quarterly revenue and raised its outlook, while the FT reports Monzo is sounding out venture investors at about £7.5B.

The editor

The lead

Soter Insure adds SC Ventures and SBI to its Series B, led by Galaxy

Soter Insure adds SC Ventures and SBI to its Series B, led by Galaxy

Soter Insure has held the second close of its Series B, adding Standard Chartered's SC Ventures and SBI Group as strategic investors.

Why it matters

Banks backing a crypto insurer shows that loss cover, not licences alone, is the gating item for institutional digital-asset products, which raises the bar for startups selling to them.

Rounds · last 7 days: 24 · Funding Index (2026-W44): 143

Coverage note: our round capture increased in September 2026, so the Index currently overstates market activity.

Our news

The rounds

6 today · 24 in the last 7 days

CompanyRoundLead investorAmount
Kalepa sourceSeries B—$75M
Finpilot sourceSeries ALobby Capital$10M
enza sourceSeedAlgebra Ventures$6.8M
Lombard Systems sourcePre-seed and seedEthereal Ventures$4M
Lombard Systems sourcePre-seedEthereal Ventures$4M
Soter Insure sourceSeries B (second close)GalaxyUndisclosed

Quick hits

Payments

  • SG Tazapay's FY2026 revenue rose 71% to US$21.19M with a net loss of US$7.36M; Circle's all-stock US$400M acquisition of the Singapore payments firm is expected to close in 2027. — Fintech News Singapore

Regulation

  • GB Interpolitan Money received in-principle approval from the Central Bank of the UAE for a stored value facilities licence to offer acquiring and issuing to UAE merchants; final authorisation is pending. — Fintech News Middle East

Banking

  • PH UnionBank of the Philippines says it is ready to inject capital into UnionDigital if the central bank rejects its relief request, while it integrates the digital bank by April 2027. — Fintech News Philippines

Other

  • GB Flashpoint Capital closed Venture Growth Fund IV at US$116M and Growth Debt Fund II at US$66.1M; the London-based manager has about US$600M in assets. — PR Newswire

Number of the day

143

30 rounds this week · baseline 20.92

How the Funding Index works

Coming up

Ask our database from Claude or ChatGPT

7,186 companies · 7,530 investors · 9,741 rounds. Connect via MCP.

Every edition of the daily digest