In a remarkable week for startup funding, the fintech sector has taken center stage with two companies, iCapital and Bilt Rewards, securing the largest investment rounds. According to recent reports from Crunchbase, these deals highlight the continued investor confidence in financial technology, alongside sustained interest in artificial intelligence (AI) innovations.
iCapital, a platform for alternative investments, announced a staggering $820 million funding round, pushing its valuation to over $7.5 billion. This capital injection is aimed at fueling acquisitions and expanding its reach in the alternative investment space, catering to a growing demand among investors for diversified portfolios.
Similarly, Bilt Rewards, a fintech firm revolutionizing rent payments by offering rewards, also captured significant investor attention with a massive funding round. While exact figures for Bilt’s raise were not disclosed in the report, its placement among the top deals of the week underscores its potential to disrupt the rental market with innovative solutions.
The fintech surge comes amidst a broader trend of strong funding activity in 2025, with global venture capital reaching $91 billion in Q2 alone, as per Crunchbase data. This concentration of capital into larger rounds indicates a maturing startup ecosystem where investors are betting big on proven players.
AI continues to hold its ground as a key area of interest, with several startups in the sector securing notable investments. Although fintech dominated this week’s headlines, the overlap of AI-driven solutions within financial services suggests a hybrid future where technology and finance are increasingly intertwined.
As the year progresses, the momentum in both fintech and AI sectors shows no signs of slowing down. Industry watchers anticipate more megadeals as investors seek to capitalize on transformative technologies reshaping global markets.
Andrew Lee
