FinTechFunding

Alloy: Raises $40M in Series B Funding

  • Alloy, a NYC-based identity operating system for the financial services industry, raised $40m in Series B funding
  • The round was led by Canapi Ventures with participation from Felicis Ventures and Avid Ventures
  • In conjunction with the funding, Canapi Ventures partner Walker Forehand will join Alloy’s board of directors
  • The company intends to use the funds to scale its sales and marketing business units
  • Alloy helps banks and fintechs make identity and risk decisions using a single API service and SaaS platform
  • The company currently services over 90 customers including Ally Bank, Evolve Bank & Trust, and Brex
Previous article
Argosy Minerals: Delivers 500kg lithium carbonate sample to Japanese customer
Next article
PWNHealth: Receives Growth Investment
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...
FinTech

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...
FinTech

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...
FinTech

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...

Follow us

Daily fintech insights, global payment trends, and industry moves that matter. Because in finance, timing is everything.

Company

Latest News

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

FinTech 0
UK courts uphold cap on interchange fees affecting major...

LSEG Launches Blockchain-Based Digital Settlement Network

FinTech 0
This new platform aims to enhance financial settlement processes.Highlights:...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

FinTech 0
New initiative aims to streamline digital asset transactions globally.Highlights:...

Popular News

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

FinTech 0
UK courts uphold cap on interchange fees affecting major...

LSEG Launches Blockchain-Based Digital Settlement Network

FinTech 0
This new platform aims to enhance financial settlement processes.Highlights:...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

FinTech 0
New initiative aims to streamline digital asset transactions globally.Highlights:...

© 2026 FintechInshorts. All Rights Reserved.