19 US fintech startups have raised over $50M in 2025 so far

Tech Crunch - Apr 23rd, 2025
Open on Tech Crunch

Fintech startups globally raised $10.3 billion in Q1 2025, the highest funding since early 2023, signaling a rebound in investor confidence. The average deal size rose to $17.7 million, the largest since 2021. This surge includes significant investments in crypto-related startups, demonstrating renewed investor interest in the sector. Notable U.S. fintech companies secured substantial funding, such as Plaid's $575 million stock sale and Mercury's $300 million Series C round. Various financial technology sectors saw investment, including payments, banking, and fraud prevention.

The fintech funding resurgence highlights an increasing appetite for innovation and growth in the financial services industry. Companies like Felix, Rain, and Luna Technologies raised large sums, reflecting confidence in their potential to address diverse customer needs. This development suggests a positive outlook for the fintech ecosystem, with implications for market expansion and technological advancements. The participation of major investors like Franklin Templeton, Sequoia, and State Street Global Advisors underscores the significance of these investments. This trend may inspire further growth and diversification in fintech solutions, affecting global finance and technology landscapes.

Story submitted by Fairstory

RATING

6.0
Moderately Fair
Read with skepticism

The article provides a detailed overview of the fintech sector's resurgence in 2025, focusing on significant funding rounds for various startups. It scores well in terms of timeliness, clarity, and readability, effectively communicating complex financial information to its audience. However, the lack of source attribution and transparency affects its accuracy and source quality, as readers cannot easily verify the claims made. The article primarily highlights positive developments, which limits its balance and engagement with potential controversies or challenges facing the industry. While it addresses a topic of public interest, the article could enhance its impact by including a broader range of perspectives and expert insights. Overall, the story serves as a useful introduction to recent trends in fintech funding but would benefit from more comprehensive analysis and verification.

RATING DETAILS

7
Accuracy

The story presents a broad overview of the fintech sector's funding activities in early 2025, with specific figures and events that align with general trends in the industry. However, the accuracy of certain claims, such as the exact funding amounts and average deal sizes, cannot be fully verified due to the lack of direct sources or citations in the text. For instance, the claim that fintech startups globally raised $10.3 billion in the first quarter of 2025 is significant but lacks direct source attribution, making it difficult to confirm its precision. Similarly, the average deal size being the highest since 2021 is stated without supporting data. While the story lists specific companies and their funding rounds, such as Plaid's $575 million stock sale and Mercury's $300 million funding, these details require cross-verification with credible financial databases or news outlets for confirmation. Overall, the story appears truthful in its general depiction of a fintech resurgence, but the absence of sources for specific data points affects its verifiability.

6
Balance

The article focuses primarily on the positive aspects of the fintech industry's resurgence, particularly highlighting successful funding rounds for various startups. While this provides a sense of optimism and growth within the sector, it lacks a comprehensive exploration of potential challenges or criticisms facing these companies or the industry at large. For instance, there is no mention of potential risks associated with high valuations or the sustainability of such growth, which could provide a more balanced view. Additionally, while the article touches on different fintech sectors like crypto, payments, and banking, it doesn't delve into how these sectors might be differently impacted by broader economic conditions. Including perspectives from industry analysts or critics could enhance the balance by offering insights into potential pitfalls or market volatility.

8
Clarity

The article is generally clear in its language and structure, making it accessible to readers with an interest in fintech developments. It logically presents information by first discussing the overall trend of increased funding in the fintech sector and then detailing specific companies and their funding achievements. The use of straightforward language and a consistent format for presenting the funding details enhances comprehension. However, some technical terms, such as 'post-money valuation' and 'Series B round,' might require additional explanation for readers unfamiliar with financial jargon. Overall, the article's clarity is strong, but it could benefit from more definitions or context for specialized terms.

5
Source quality

The story does not clearly attribute its information to specific, credible sources, which impacts the perceived reliability of the content. While it mentions CB Insights and PitchBook as sources for some data, the lack of direct quotations or detailed references diminishes the authority of the information presented. The absence of links or citations to reports or studies from these organizations means readers cannot easily verify the claims. Furthermore, the story does not incorporate a variety of sources, such as expert commentary or industry reports, which could provide additional context and depth. This reliance on potentially limited data points without broader verification from multiple authoritative sources affects the overall source quality.

4
Transparency

The article lacks transparency in terms of explaining the methodology behind the data presented and disclosing any potential conflicts of interest. It does not provide clear context on how the figures were obtained or the criteria used to select the featured companies. Additionally, there is no discussion of the potential biases that might arise from relying on specific data providers like CB Insights or PitchBook. Greater transparency would involve disclosing the methods used to gather and analyze data, as well as any affiliations or sponsorships that could influence the reporting. Without these elements, readers are left without a full understanding of the basis for the article's claims.

Sources

  1. https://techcrunch.com/2025/03/17/these-fintech-companies-are-hiring-in-2025-after-a-turbulent-year/
  2. https://techcrunch.com/2025/04/16/startup-funding-hit-records-in-q1-but-the-outlook-for-2025-is-still-awful/
  3. https://techcrunch.com/category/fintech/
  4. https://techcrunch.com/2025/03/08/9-us-ai-startups-have-raised-100m-or-more-in-2025/
  5. https://techcrunch.com/2025/04/21/7-new-tech-unicorns-were-minted-in-2025-so-far/