Section
Fintech
Payments infrastructure, lending platforms, banking-as-a-service and the venture capital behind them.
Covered by Priya Raghunathan

Rillet raises $100 million at a $1 billion valuation for AI-native ERP
The accounting software company placed AI agents directly in the general ledger. ICONIQ led the round, which takes total funding past $200 million.

Fasset reaches $1 billion valuation with $68 million round led by SBI Group
The stablecoin neobank has raised $119 million this year across two rounds. Proceeds go toward its Own Network settlement layer and cross-border banking infrastructure.
Company SpotlightHow HL Hunt’s Business Credit Builder reports a tradeline for firms with no credit file
The membership product opens a revolving account in a business’s name and reports it monthly in Metro 2 format, with no personal guarantee and no personal credit check.