# Median Series C round in Fintech (2026)

> The median Series C round in Fintech is $66M, from 50 rounds announced in the last 12 months. Half raised between $40M and $110M.

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

Funding benchmark · last 12 months

# The typical Series C round in *Fintech*

From 50 Series C rounds announced in Fintech over the last twelve months, each read from a named source. Half of them raised between $40M and $110M.

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

Series C Fintech

Median round

**$66M**

$25M 1 in 10 below $40M – $110M middle half $200M 1 in 10 above

50 rounds counted · recounted nightly

Rounds counted **50** Series C rounds in Fintech, last 12 months

Against worldwide **-34%** vs the $100M worldwide median

Since last round **16 mo** median gap, from 20 companies we saw raise before

Lead named **92%** of these rounds name the investor who led

The trend

## Median Series C round, quarter by quarter

From $75M in 2024 Q4 to $88M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$75M '24 Q4 9 rds

$80M '25 Q1 5 rds

$52M '25 Q2 7 rds

$47M '25 Q3 7 rds

$50M '25 Q4 5 rds

$55M '26 Q1 13 rds

$63M '26 Q2 15 rds

$88M '26 Q3 16 rds

Who leads

## The most active leads

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

- [1 **General Catalyst** 2 led](https://millionrounds.com/fund/general-catalyst)
- [2 **Insight Partners** 2 led](https://millionrounds.com/fund/insight-venture-partners)
- [3 **Kaszek Ventures** 2 led](https://millionrounds.com/fund/kaszek)
- [4 **Mubadala** 2 led](https://millionrounds.com/fund/mubadala)
- [5 **SBI Group** 2 led](https://millionrounds.com/fund/sbi-group)
- [6 **Goldman Sachs Alternatives** 2 led](https://millionrounds.com/fund/goldman-sachs-alternatives)

Recent examples

## Series C rounds in Fintech, latest first

- [**PhotonPay** 29 Oct 2026 · Blockchain Capital $40M -39%](https://millionrounds.com/company/photonpay)
- [**Archera** 27 Oct 2026 · Pivot Investment Partners $15M -77%](https://millionrounds.com/company/archera)
- [**Ajaib** 20 Oct 2026 · Not named $270M +312%](https://millionrounds.com/company/ajaib)
- [**Stand** 16 Oct 2026 · Gorilla Capital $70M +7%](https://millionrounds.com/company/stand)
- [**Jeeves** 29 Sept 2026 CoinFund $110M +68%](https://millionrounds.com/company/jeeves)
- [**Paymob** 22 Sept 2026 · Mubadala $35M -47%](https://millionrounds.com/company/paymob)
- [**Thatch** 15 Sept 2026 · Not named $108M +65%](https://millionrounds.com/company/thatch)
- [**Kapital** 11 Sept 2026 · Not named $125M +91%](https://millionrounds.com/company/kapital)

**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 B** $40M](https://millionrounds.com/benchmarks/series-b/fintech)[**Growth** $55M](https://millionrounds.com/benchmarks/growth/fintech)

Series C elsewhere

[**United States** $100M](https://millionrounds.com/benchmarks/series-c/united-states)[**AI** $110M](https://millionrounds.com/benchmarks/series-c/ai)[**Healthcare** $56M](https://millionrounds.com/benchmarks/series-c/healthcare)

## Raising a Series C 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 C round in Fintech?

The median is $66M, from 50 Series C rounds announced in Fintech in the last twelve months. Half of them raised between $40M and $110M; one in ten raised more than $200M.

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.
