US solidifies global WealthTech leadership with 54% deal share in Q2 2026. The global WealthTech sector experienced a dynamic second quarter in 2026, characterized by shifting geographic strongholds, smaller average deal sizes, and a market increasingly centered in the United States. Key WealthTech takeaways for Q2 2026: * US Dominance Grows: American companies secured 54% of all global WealthTech transactions during the quarter. * Funding Volume Contracts: Total funding plummeted over 60% quarter-over-quarter despite resilient transaction numbers, reflecting smaller average round sizes. * Geographic Pivot to Asia: India and Japan surged into the top three market spots, pushing the UK out of the top rankings. * Major Fundings Continue: German private market infrastructure provider Bunch captured headline attention with a notable $35 million Series B round. Global WealthTech funding drops despite resilient deal counts. In Q2 2026, global WealthTech activity recorded 213 total transactions. While this represents a modest 7% drop from the 230 deals closed in Q1 2026, it reflects a 10% increase compared to the 193 deals finalized in Q2 2025. However, capital investment experienced a far steeper contraction. Total capital raised reached $932.2 million for the quarter - marking a dramatic 62% fall from Q1 2026's $2.5 billion and a 67% decline compared to Q2 2025's $2.8 billion. This sharp divergence between stable deal volume and dropping investment figures highlights a broader market trend: investors are prioritizing smaller, early-stage capital commitments over massive late-stage megadeals. US expands market share as Asia pulls ahead of europe. The United States further consolidated its position as the undisputed hub for WealthTech innovation, securing 116 transactions in Q2 2026 to capture a massive 54% share of total global deal flow. This marks significant growth from Q2 2025, when the US accounted for 91 deals and a 47% market share. Outside the US, notable regional shifts disrupted traditional leaderboards: * India moved up to second place, recording 13 deals (a 6% market share), representing a 44% surge in deal volume compared to the previous year. * Japan made a surprise entry into the top three with 11 closed deals, accounting for 5% of global activity. * The United Kingdom, which previously held second place in Q2 2025 with 19 deals (10% share), fell completely out of the top three. The UK's drop highlights a broader recalibration of global venture capital flow, with investment activity moving steadily toward Asia-Pacific markets while the US continues to anchor the sector worldwide. Startup spotlight: Bunch raises $35M Series B for private market tech. Despite overall funding compression, high-conviction platforms secured substantial capital rounds. German WealthTech innovator Bunch successfully closed a $35 million Series B funding round, making it one of the quarter's standout transactions. The funding round was spearheaded by Portage, alongside fresh participation from Illuminate Financial. Existing backers, including Motive Partners, Cherry Ventures, and FinTech Collective, also joined the round, pushing Bunch's total capital raised past $58 million. Launched in 2021, Bunch powers end-to-end fund management workflows for over 150 fund managers and 12,000 limited partners. Its digital platform unifies fund administration, automated investor onboarding, accounting, and compliance reporting into an integrated, AI-driven suite. Bunch plans to deploy the new funds to solve infrastructure fragmentation in European private markets by modernizing outdated systems. Expansion plans focus on deepening its footprint across Germany, Luxembourg, and the UK, while accelerating the integration of artificial intelligence into core operations like investor reporting and capital calls.

bunch raises $35M Series B to replace legacy fund operations with ai-native private markets infrastructure. Posted On 19 May 2026 bunch, the AI-native fund operations platform for private markets, today announced the close of its $35 million Series B. The round was led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, and Fintech Collective and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen bunch's automation and AI capabilities, and expand the platform across new geographies, asset classes and operational workflows. The investment lands as private markets enter a new phase of growth - and operational pressure. With AUM forecast to reach $32 trillion by 2030, and structures such as ELTIF 2.0 set to broaden private wealth access to alternatives, fund managers are being asked to serve more investors, deliver more reporting and manage greater complexity. But the systems supporting them have not kept pace, with core workflows still often managed through spreadsheets, emails and manual processes. bunch is disrupting legacy fund operations by giving PE and VC fund managers one integrated, digital operating layer across the fund lifecycle. Built in Europe for complex, multi-jurisdictional private markets operations, the platform combines specialist expertise, proprietary software and AI-native infrastructure to help managers scale across jurisdictions, entities, investor groups and regulatory requirements. bunch's platform can ingest unstructured fund documentation, extract and structure key data, and retain traceability to source documents while keeping human oversight in critical workflows, reducing manual processes while preserving auditability and control. The Series B builds on the business' strong recent momentum. bunch now supports over 150 fund managers and over 12,000 LPs across major European jurisdictions. As customers deepen their use of the platform for live operational workloads, the company has grown its ARR by 300% in 2025 and achieved 156% net revenue retention, demonstrating the value of its platform.bunch already works with a growing base of private markets firms including FINVIA Family Office, Passion Capital, Hummingbird VC, Merantix, Tiny Supercomputer and Antler. With this round, bunch has raised over $58 million in total, making it one of Europe's most well-capitalised platforms dedicated to private fund operations. Enrico Ohnemüller, Co-Founder & CEO, bunch, said: "Private markets are entering a new phase of growth, but the operating infrastructure behind them has not kept pace. GPs cannot scale on spreadsheet-era infrastructure. Fintechboostup built bunch to give fund managers one platform across the fund lifecycle, designed for the complexity of operating across multiple European jurisdictions. While private markets will remain a people-driven, service-intensive industry, the right combination of specialist expertise, software and AI-native systems make fund operations more efficient, consistent and scalable. This funding allows Fintechboostup to deepen that model and continue modernising private markets infrastructure." bunch will deploy the new funding across three priorities: Commercial expansion: accelerating the company's go-to-market strategy and growing its customer base of private equity managers in key European markets, including in Germany, the UK and Luxembourg. Product and technology development: deepening automation and AI-native workflows across core fund operations, including capital calls, compliance, distributions and reporting. Organisational scale: building a scalable operating model capable of supporting a broader range of fund operations across additional asset classes and jurisdictions. "Portage invests in financial infrastructure that becomes structurally necessary as markets grow. bunch has built exactly that. Europe's regulatory environment is uniquely demanding; that headwind only intensifies as private markets scale. Enrico and Levent didn't build around this complexity, they built from within it. That combination of regulatory depth and service understanding is what makes bunch structurally defensible, and hard to replicate from the outside."- Helene Falchier, Partner, Portage "Private markets are scaling faster than the infrastructure supporting them. That gap creates both operational risk and commercial opportunity, and bunch is positioned squarely at the intersection of both. Levent, Enrico and the team have the fund-operations depth and execution velocity this problem demands, and we're proud to back them in building the operating system for the next generation of European private capital." - Konstantin Koenig, Principal, Illuminate Financial