European fintech funding in the first half of 2026 was marked by significant capital concentration in a small number of companies. The UK, France, and Germany emerged as the leading markets for investment activity, while funding focused on payment infrastructure, AI-powered financial software, and blockchain services.
Cloover led the list with $1.222 billion in financing, consisting of a $22 million Series A round and a $1.2 billion debt facility. Ebury secured £550 million through two transactions led by Centerbridge Partners, while Alan raised €580 million across two rounds in March and June.
Pennylane raised $200 million in a Series E round. Morpho and Paymentology each secured $175 million. Paymentology's investment was co-led by Apis Partners and Aspirity Partners, with funds allocated for expansion into stablecoin infrastructure and AI-driven services.
9fin raised $170 million in Series C funding, reaching a valuation of $1.3 billion. Allica Bank secured $155 million in a Series D round. Upvest raised $125 million, including a $35 million debt facility, and Elliptic closed a $120 million Series D round.
