Fintech: Europe’s 10 most-funded companies in H1 2026

European fintech funding in the first half of 2026 was not a broad tide so much as a set of heavy pours. A handful of companies took most of the money, and debt showed up as a major part of the story, not just a sideshow. The money spread across banking, payments, insurance tech, wealth management and financial infrastructure, but the biggest cheques were hard to ignore.

Cloover topped the list with $1.222 billion in capital commitments. That came as a $22 million Series A equity round plus a $1.2 billion debt facility, with the equity meant to fund European expansion and further platform development, and the debt set aside to finance customers and installers. The company sits at the junction of decentralised energy, financing and AI-powered software, which is exactly where a lot of investor attention seems to be landing.

Ebury followed with £550 million in financing through two transactions led by Centerbridge Partners, alongside Santander, Vitruvian Partners and 83North. The payments and foreign exchange business operates in 30 regulated markets, and the new money is aimed at international expansion, product development and more AI in payments and FX. Alan raised €580 million across two rounds, in March and June, to push its insurance, care and prevention platform further across France, Belgium, Spain and Canada.

The rest of the list keeps the pattern going. Pennylane took $200 million for accounting and financial management software; Morpho raised $175 million for decentralised lending infrastructure; Paymentology also raised $175 million; 9fin brought in $170 million and hit a $1.3 billion valuation; Allica Bank raised $155 million; Upvest secured $125 million; and Elliptic closed $120 million in Series D funding. The common thread is clear: investors kept backing infrastructure, compliance, AI and blockchain-heavy financial services, with the UK, France and Germany doing most of the heavy lifting.