# PayPal Ventures' Fintech Investments: 13 Startups in Its Portfolio (2026)

> The 13 Fintech startups PayPal Ventures has backed, by stage: $1.3B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/paypal-ventures-fintech-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series A

4

- [Dosh](https://millionrounds.com/company/dosh)
- [*S* Stitch](https://millionrounds.com/company/stitch)
- [Formance](https://millionrounds.com/company/formance)
- [Xflow](https://millionrounds.com/company/xflow)

## Series B

4

- [Ume](https://millionrounds.com/company/ume)
- [Mendel](https://millionrounds.com/company/mendel)
- [Finary](https://millionrounds.com/company/finary)
- [Moneytree](https://millionrounds.com/company/moneytree)

## Stage not reported

3

- [Pine Labs](https://millionrounds.com/company/pine-labs)
- [Toss](https://millionrounds.com/company/toss)
- [*T* Tala](https://millionrounds.com/company/tala)

## Series C and later

2

- [Raisin](https://millionrounds.com/company/raisin)
- [*Q* Qoala](https://millionrounds.com/company/qoala)

## Segment by segment

### Series A

4 startups · $227M raised

- [**Dosh**](https://millionrounds.com/company/dosh) Dosh is a free cash back app that finds users money for shopping, dining out, and pumping gas at thousands of merchants & brands nationwide. United States $106M
- [*S* **Stitch**](https://millionrounds.com/company/stitch) Saudi Arabia $83M
- [**Formance**](https://millionrounds.com/company/formance) Formance is building open source infrastructure for the financial internet. France $21M
- [**Xflow**](https://millionrounds.com/company/xflow) Xflow is a fintech company based in Bengaluru, India, founded in 2021 by former Stripe executives. India $17M

### Series B

4 startups · $193M raised

- [**Ume**](https://millionrounds.com/company/ume) UME Studios emerged from a blend of adversity and innovation. Brazil $118M
- [**Mendel**](https://millionrounds.com/company/mendel) Mendel is a fintech company based in Mexico City, founded in 2021. Mexico $35M
- [**Finary**](https://millionrounds.com/company/finary) Finary is a fintech startup based in Paris, founded in 2020 by Julien Blancher and Mounir Laggoune. France $29M
- [**Moneytree**](https://millionrounds.com/company/moneytree) Moneytree is a financial data aggregation platform that provides a personal finance app and a cloud-based accounting service. Japan $11M

### Stage not reported

3 startups · $548M raised

- [**Pine Labs**](https://millionrounds.com/company/pine-labs) Power your business with Pine Labs POS machines, payment gateways, prepaid solutions, credit processing and AI enabled fintech inf India $207M
- [**Toss**](https://millionrounds.com/company/toss) South Korea $184M
- [*T* **Tala**](https://millionrounds.com/company/tala) United States $157M

### Series C and later

2 startups · $333M raised

- [**Raisin**](https://millionrounds.com/company/raisin) Raisin is a prominent pan-European financial technology company based in Berlin, Germany, founded in 2012. Germany $239M
- [*Q* **Qoala**](https://millionrounds.com/company/qoala) Spain $94M

**How this map is made.** Every startup here works in Fintech and has raised money in a round we track that names PayPal Ventures as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Co-investors **Who invests with PayPal Ventures** 18 co-investors](https://millionrounds.com/portfolio-maps/paypal-ventures-co-investors)[Sector portfolio **Coinbase Ventures' Web3 & Crypto portfolio** 168 startups · $5.7B](https://millionrounds.com/portfolio-maps/coinbase-web3-crypto-portfolio)[Sector portfolio **Salesforce Ventures' AI portfolio** 115 startups · $181B](https://millionrounds.com/portfolio-maps/salesforce-ventures-ai-portfolio)[Sector portfolio **Google Ventures' AI portfolio** 81 startups · $16B](https://millionrounds.com/portfolio-maps/gv-ai-portfolio)[Sector portfolio **Google Ventures' Biotech portfolio** 74 startups · $12B](https://millionrounds.com/portfolio-maps/gv-biotech-portfolio)[Sector portfolio **Samsung Next's AI portfolio** 72 startups · $9.8B](https://millionrounds.com/portfolio-maps/samsung-next-ai-portfolio)

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