Jeeves Raises $110M as Stablecoin Volume Reaches $1.5B Annualized
Jeeves raised $110 million in equity funding led by CoinFund as annualized platform volume passed $5 billion and stablecoin volume reached $1.5 billion.
Fintech remains a core venture capital category, with capital flowing into payments rails, neobanks, insurtech, B2B financial infrastructure, and AI-native financial operations. Our fintech VC coverage tracks the rounds and funds defining the next wave of financial technology.
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Jeeves raised $110 million in equity funding led by CoinFund as annualized platform volume passed $5 billion and stablecoin volume reached $1.5 billion.
Tabby announced $233 million at a $6.5 billion valuation on September 14, 2026, led by Blue Pool Capital. The company called it an equity round; press labeled Series F. The close remains subject to SAMA approval. $18 billion is annualized transaction volume, not ARR. Bloomberg compared the mark with listed Klarna at about $5.2 billion.
Ridgeline raised $250 million Series E on September 16, 2026 at $1.425 billion, led by founder Dave Duffield. Customers invested. Company claims $750B AUM/AUA on the platform. Bloomberg printed $1.4B. Not Memphis Ridgeline Ventures. No revenue print.
Portage announced a final close of Portage Ventures IV at about $600 million on September 16, 2026. The firm’s $7.0 billion AUM as of June 30, 2026 already includes this vehicle. New strategic LPs named: Broadridge and Fifth Third Bank.
Insight Partners led Kastle’s $24M Series A (YC and Commerce Ventures returning). Agents have processed $1.8B–$2B in lending transactions — who buys bank ops AI and why Insight fits.
Pulley’s homepage says the YC W20 cap-table company will cease operations on December 8, 2026 and has an exclusive Carta partnership for customer migration. Business Insider reported more than $50 million raised from Founders Fund, General Catalyst, Stripe, and 8VC. No purchase price for Pulley itself. YC’s directory still said Active on September 16.