Funding benchmark · last 12 months

The typical Series B round in Fintech

From 61 Series B rounds announced in Fintech over the last twelve months, each read from a named source. Half of them raised between $27M and $65M.

See the roundsAll benchmarks

Series BFintech
Median round$40M
$16M1 in 10 below$27M – $65Mmiddle half$97M1 in 10 above

61 rounds counted · recounted nightly

Rounds counted61Series B rounds in Fintech, last 12 months
Against worldwide-20%vs the $50M worldwide median
Since last round13 momedian gap, from 17 companies we saw raise before
Lead named87%of these rounds name the investor who led

The trend

Median Series B round, quarter by quarter

From $26M in 2024 Q4 to $42M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$26M'24 Q411 rds
$38M'25 Q118 rds
$50M'25 Q213 rds
$30M'25 Q322 rds
$25M'25 Q46 rds
$43M'26 Q120 rds
$40M'26 Q214 rds
$42M'26 Q316 rds

Who leads

The most active leads

The firms that led the most Series B rounds in Fintech this year.

  1. 1General Catalyst3 led
  2. 2Sequoia Capital2 led
  3. 3Insight Partners2 led
  4. 4QED Investors2 led
  5. 5EBRD VC2 led
  6. 6Andreessen Horowitz1 led

Recent examples

Series B rounds in Fintech, latest first

How to read these figures

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. How we read rounds.

Other stages in Fintech

Pre-seed$2.4MSeed$5.0MSeries A$16MSeries C$66MGrowth$55M

Series B elsewhere

AI$55MUnited States$60MUnited Kingdom$43MHealthcare$46MBiotech$63MConstruction$40MCybersecurity$58MRobotics$63MEnterprise Software$49M

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Q&A

How big is a typical Series B round in Fintech?

The median is $40M, from 61 Series B rounds announced in Fintech in the last twelve months. Half of them raised between $27M and $65M; one in ten raised more than $97M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.