Monthly roundup · Financial Services · October 2026

Financial Services startup funding, October 2026: ID Finance's $610M Growth leads 23 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 23 equity rounds in Financial Services announced in October 2026, raising $2.3B between them: 3% of all the rounds we read that month and 4% of the money. The largest was ID Finance's $610M Growth. The median seed round was $4.0M, against $5.5M over the last twelve months across all sectors; at Series A it was $19M.

Equity rounds23in Financial Services, 21 with an amount
Raised$2.3Bacross those rounds
Lead named61%of rounds say who led
Share of the month3%of rounds; 4% of the money

The biggest rounds

  1. 1ID FinanceGrowth · Spain$610M
  2. 2WealthsimpleGrowth · Canada · led by GIC$425M
  3. 3Platform Accounting GroupGrowth · United States · led by Treville Capital Group$355M
  4. 4Endeavor CatalystGrowth · United States$320M
  5. 5GGlobal Trust Networks (GTN)Growth · Japan · led by Globis Capital Partners, Minerva Growth Partners$225M
  6. 6Salmon GroupGrowth · Philippines$140M
  7. 7CapitolisSeries E · United States · led by Citibank$120M
  8. 8HyphenateSeries A · United States · led by Nexus Venture Partners$45M
  9. 9CapitalOSSeries A · United States · led by LGVP$22M
  10. 10IPIDSeries A · Singapore · led by Foundation Capital$16M

Day by day

Equity rounds in Financial Services announced each day of October. The busiest day was 27 October, with 3.

1 October31 October

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Pre-seed4$3.6Mthis month$2.0M12 months, all sectors
Seed6$4.0Mthis month$5.5M12 months, all sectors
Series A5$19Mthis month$19M12 months here
Growth7$320Mthis month$113M12 months, all sectors

Where

United States had the most Financial Services rounds this month.

Against the month

  • Rounds, Financial Services23
  • Rounds, all sectors733
  • Raised, Financial Services$2.3B
  • Raised, all sectors$59B

The whole of October 2026

Other sectors in October

411 roundsAI→100 roundsFintech→72 roundsHealthcare→67 roundsSoftware→67 roundsRobotics→56 roundsManufacturing→44 roundsSaaS→44 roundsConstruction→42 roundsHardware & Electronics→41 roundsBiotech→34 roundsBig Data & Analytics→33 roundsEnergy→33 roundsLogistics→32 roundsEnterprise Software→29 roundsAerospace & Space→29 roundsHealthtech→28 roundsCybersecurity→26 roundsDefence Tech→25 roundsCloud→24 roundsEntertainment→23 roundsB2C→22 roundsMedical Devices→20 roundsCleantech→19 roundsE-commerce→19 roundsFood & Beverage→18 roundsReal Estate→18 roundsDeeptech→18 roundsSemiconductors→17 roundsAgtech→16 roundsDeveloper Tools→15 roundsWeb3 & Crypto→15 roundsRetail→15 roundsMartech→14 roundsSupply Chain→14 roundsInsurtech→14 roundsTelecoms→14 roundsClimate Tech→13 roundsRegtech→13 roundsAutomotive & EVs→13 roundsChemicals & Materials→12 roundsFuture of Work→12 roundsB2B→12 roundsMedia→12 roundsGaming→11 roundsProfessional Services→11 roundsMarketplaces→11 roundsHR Tech→11 roundsEducation→11 roundsSalestech→10 roundsProptech→10 roundsPharma→10 roundsFashion→10 roundsTravel & Hospitality→