# Median Series B round in Fintech (2026)

> The median Series B round in Fintech is $40M, from 61 rounds announced in the last 12 months. Half raised between $27M and $65M.

Source: https://millionrounds.com/benchmarks/series-b/fintech (Millionrounds; every figure on the page links to its filing or article)

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 rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series B Fintech

Median round

**$40M**

$16M 1 in 10 below $27M – $65M middle half $97M 1 in 10 above

61 rounds counted · recounted nightly

Rounds counted **61** Series B rounds in Fintech, last 12 months

Against worldwide **-20%** vs the $50M worldwide median

Since last round **13 mo** median gap, from 17 companies we saw raise before

Lead named **87%** 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 Q4 11 rds

$38M '25 Q1 18 rds

$50M '25 Q2 13 rds

$30M '25 Q3 22 rds

$25M '25 Q4 6 rds

$43M '26 Q1 20 rds

$40M '26 Q2 14 rds

$42M '26 Q3 16 rds

Who leads

## The most active leads

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

- [1 **General Catalyst** 3 led](https://millionrounds.com/fund/general-catalyst)
- [2 **Sequoia Capital** 2 led](https://millionrounds.com/fund/sequoia-capital)
- [3 **Insight Partners** 2 led](https://millionrounds.com/fund/insight-venture-partners)
- [4 **QED Investors** 2 led](https://millionrounds.com/fund/qed-investors)
- [5 **EBRD VC** 2 led](https://millionrounds.com/fund/ebrd-vc)
- [6 **Andreessen Horowitz** 1 led](https://millionrounds.com/fund/andreessen-horowitz)

Recent examples

## Series B rounds in Fintech, latest first

- [**Collective** 29 Oct 2026 · General Catalyst $100M +150%](https://millionrounds.com/company/collective)
- [**Collective** 29 Oct 2026 · General Catalyst $40M at median](https://millionrounds.com/company/collective)
- [**Casap** 28 Oct 2026 · Base10 Partners $56M +40%](https://millionrounds.com/company/casap)
- [**Nevis** 26 Oct 2026 · EQT Ventures $70M +75%](https://millionrounds.com/company/nevis)
- [**Vesta** 8 Oct 2026 · Conversion Capital $30M -25%](https://millionrounds.com/company/vesta)
- [**StockGro** 6 Oct 2026 · BITKRAFT Ventures $11M -71%](https://millionrounds.com/company/stockgro)
- [**Wealthcome** 24 Sept 2026 · Breega $17M -57%](https://millionrounds.com/company/wealthcome)
- [**Luzern Risk** 18 Sept 2026 · Insight Partners $45M +13%](https://millionrounds.com/company/luzern-risk)

**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](https://millionrounds.com/methodology).

Other stages in Fintech

[**Pre-seed** $2.4M](https://millionrounds.com/benchmarks/pre-seed/fintech)[**Seed** $5.0M](https://millionrounds.com/benchmarks/seed/fintech)[**Series A** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Series C** $66M](https://millionrounds.com/benchmarks/series-c/fintech)[**Growth** $55M](https://millionrounds.com/benchmarks/growth/fintech)

Series B elsewhere

[**AI** $55M](https://millionrounds.com/benchmarks/series-b/ai)[**United States** $60M](https://millionrounds.com/benchmarks/series-b/united-states)[**United Kingdom** $43M](https://millionrounds.com/benchmarks/series-b/united-kingdom)[**Healthcare** $46M](https://millionrounds.com/benchmarks/series-b/healthcare)[**Biotech** $63M](https://millionrounds.com/benchmarks/series-b/biotech)[**Construction** $40M](https://millionrounds.com/benchmarks/series-b/construction)[**Cybersecurity** $58M](https://millionrounds.com/benchmarks/series-b/cybersecurity)[**Robotics** $63M](https://millionrounds.com/benchmarks/series-b/robotics)[**Enterprise Software** $49M](https://millionrounds.com/benchmarks/series-b/enterprise-software)

## Raising a Series B round?

See who leads rounds like yours, and check your raise before you pitch.

[Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database)

## 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.
